Media General

Media General Second Quarter TV Revenue Down 5.7 Percent

Stevie Converse — Thu, 17 Jul 2008 06:23:37 -0700

Tampa Tribune Newsroom to Lose 21 More Jobs by Year's End

Stevie Converse — Wed, 02 Jul 2008 06:24:30 -0700

Executives at Media General's Tampa Tribune and WFLA-Ch. 8 are informing employees today of a new plan to ramp up convergence at the company's media outlets in Tampa -- a plan that will include the involuntary layoff of 21 positions from the newspaper's editorial staff and a loss of 10 positions from the television station's newsroom.

Media General to Cut Nearly 11 Percent of Work Force

Stevie Converse — Fri, 23 May 2008 06:11:29 -0700

Media General Inc., the newspaper publisher and television station operator, said Thursday that it will have cut its work force by nearly 11 percent by October to reduce operating costs.

Layoffs at Media General

Stevie Converse — Thu, 22 May 2008 09:43:13 -0700

Media General is laying off a number of employees at the station level. Reportedly, 10 of Media General’s 22 stations are affected by the cuts, which range from a couple to seven or eight.

'Tampa Trib' Offering Buyouts to Half of All Employees

Holiday Shapiro — Tue, 15 Apr 2008 08:27:48 -0700

Media General Inc.'s Florida Communications Group, parent of The Tampa Tribune and WFLA-TV, said Monday it is offering voluntary buyouts to about half of its 1,326 employees.

Half of Florida Communication Group Offered Buyouts

Stevie Converse — Tue, 15 Apr 2008 07:23:04 -0700

Florida Communications Group president John Schueler confirmed to me moments ago that the company will offer buyouts to half its 1,326 employees, including people who work at WFLA-Ch. 8, TBO.com, The Tampa Tribune Spanish-language CENTRO, Hernando Today, Sunbelt Newspapers and a host of other smaller daily and weekly newspapers.

Media General to Harbinger: You Just Don't Get Us

Holiday Shapiro — Wed, 09 Apr 2008 08:58:29 -0700

In another series of dueling presentations to an influential proxy advisor, Media General Inc. on Tuesday accused dissident shareholder Harbinger Capital Partner of failing to understand its strategy, and getting wrong the few specifics Harbinger offered as alternatives in its own dog-and-pony show the day before.

Media General, Shareholder Differ Over Strategy

Holiday Shapiro — Wed, 02 Apr 2008 08:40:15 -0700

Media General Inc and a dissident shareholder made sharply different cases to investors on Tuesday for how the newspaper publisher and broadcaster should weather tough times in the media sector. In presentations at a forum held by fund manager and Media General investor Mario Gabelli, both sides agreed the company has been battered by a drop in advertising revenue and should pay off more debt, but offered little other common ground.

FCC Grants Media General License Renewals

Holiday Shapiro — Wed, 26 Mar 2008 07:25:53 -0700

The Federal Communications Commission granted license renewals to three Media General stations for which it also recently granted waivers of its newspaper-broadcast cross-ownership rule.

FCC Grants Media General License Renewals

Stevie Converse — Wed, 26 Mar 2008 04:22:19 -0700

The Federal Communications Commission granted license renewals to three Media General stations for which it also recently granted waivers of its newspaper-broadcast cross-ownership rule.