Thursday 19. July 2012
Media General Reports Second-Quarter 2012 Results
Media General, Inc. (NYSE: MEG), a local broadcast television and digital media company, today reported 2012 second-quarter operating income of $16.4 million, compared with $6.2 million in the 2011 second quarter. The increase is mostly due to strong Political advertising and higher retransmission fees at the company’s 18 network-affiliated broadcast television stations, and core business displayed good strength as well.