Media General

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Not to be confused with MediaNews Group or Raycom Media.
Media General, Inc.
Public
Traded as NYSE: MEG
Industry Broadcast and Digital
Fate Merged with Nexstar
Predecessor Park Communications
Spartan Communications
Young Broadcasting
LIN Media
Successor Nexstar Media Group
Founded 1940
Defunct January 17, 2017
Headquarters Richmond, Virginia Providence, Rhode Island Austin, Texas
Key people
Warren Buffett (Financier)
Mario Gabelli (Financier)
J. Stewart Bryan III (Chairman)
Vincent L. Sadusky
(President and CEO)
Products Television
Radio
Internet
Revenue $1.305 B USD (2015)
Website www.mediageneral.com (redirects to www.nexstar.tv)

Media General was an American media company based in the Southeastern United States. The company was formed in 1940 when Richmond, Virginia's two newspapers, the Times-Dispatch and News Leader, merged to form Richmond Newspapers. In 1969, as the company's media properties grew and diversified, it was renamed Media General. Media General is headquartered in Richmond and the San Francisco Bay Area is its largest market.

In 2013 and 2014, Media General expanded significantly through its mergers with Young Broadcasting and LIN Media; as of the latter merger, Media General ran by the principal staff of LIN Media, including CEO Vincent L. Sadusky.

On January 11, 2017, the FCC approved the sale of Media General to Nexstar Broadcasting Group for $4.6 billion.[1]

History[edit]

The conglomeration of newspapers was founded in 1940 when owners of Richmond, Virginia's two newspapers, the Times-Dispatch and News Leader, merged them to form Richmond Newspapers, Inc. In 1969, as the company's media properties grew and diversified, it was renamed Media General.

Additional Acquisitions[edit]

In 1982 the company acquired The William B. Tanner Company (previously known as Pepper-Tanner), a commercial radio jingle production company headquartered in Memphis. It was divested in 1988.

In 1996, Media General acquired Park Acquisitions, the holding company for Park Communications, formerly owned by the media entrepreneur Roy H. Park.[2]

In 1999, Media General bought Spartanburg-based Spartan Communications, which increased Media General's station portfolio from 14 to 27.[3]

Four NBC-owned stations in smaller markets that were put up for sale on January 9, 2006. On April 6, NBC Universal and Media General announced that the latter would purchase the four NBC O&O's as part of a $600 million four-station deal between the two companies.

Divestment of properties in the late 2000s[edit]

On August 2, 2006, Media General announced that it would sell WIAT and KIMT to New Vision Television for $35 million; the sale was finalized on October 12, 2006.

On October 29, 2007, Media General announced that the company was exploring the sale of WCWJ, KALB-TV, WMBB, WTVQ, and WNEG-TV. On March 14, 2008, the company reached an agreement to sell KALB and WMBB to Hoak Media. The deal was closed on July 16. On June 25, 2008, Media General announced the sale of WNEG-TV to the University of Georgia.[4] On January 28, 2009, the Nexstar Broadcasting Group announced that it had reached an agreement to purchase WCWJ. The deal was finalized on May 1, 2009.

2010s: Expansions, merger with LIN Media[edit]

On June 6, 2013, it was announced that Young Broadcasting and Media General would merge. Due to the way the merger was structured, Young Broadcasting's shareholders controlled a majority of Media General's stock following the merger. The combined company owned 30 stations, reaching 14% of the United States.[5] On November 8, FCC approved the merger.[6]

On March 21, 2014, Media General and LIN Media announced that the two companies would merge. The deal, worth an estimated $1.6 billion, would create an entity of 71 stations with a combined reach of 24% of U.S. television households. 45 Media General staff members were laid off; CEO George Mahoney stepped down in favor of his LIN counterpart Vincent Sadusky, and his own management team.[7] In order to comply with FCC ownership rules as well as planned changes to rules regarding same-market television stations which would prohibit future joint sales agreements, some of the stations would be sold to several other companies in five markets (Birmingham, Green Bay, Mobile, Providence and Savannah) where both groups already own stations.[8][9][10]

On August 20, 2014, Media General and LIN Media announced several sales. Media General sold WJAR, WLUK, and WCWF to the Sinclair Broadcast Group in exchange for Sinclair's KXRM, KXTU, and WTTA. Hearst Television acquired WVTM and WJCL, and Meredith Corporation acquired WALA.[11] On October 6, the two companies' shareholders approved the deal,[12] and the FCC approved the deal on December 12.[13] The merger was completed on December 19.[14] A condition of the deal requires Media General to end the joint sales agreements it has with stations in Youngstown, Ohio, Dayton, Ohio, and Topeka, Kansas, due to tighter scrutiny such deals are getting by the FCC. Media General received a two-year waiver in those markets to end the JSAs.[15]

On July 14, 2015, Media General pulled its stations off of Mediacom cable systems across the United States due to a carriage dispute over retransmission consent fees.[16] This carriage dispute saw Media General stations disappear from Mediacom lineups in 14 television markets across the United States and even three of the Fox affiliates owned by Media General were lost to Mediacom subscribers in Hampton Roads, Virginia, Terre Haute, Indiana, and Topeka, Kansas just before the start of the 2015 Major League Baseball All-Star Game.[17] On July 30, 2015, Mediacom and Media General reached a new agreement, thereby restoring Media General owned stations to Mediacom subscribers in the affected areas.[18]

On July 13, 2016, the FCC issued a $700,000 fine against Media General for using a shared services agreement with WAGT to prevent its new owner Gray Television from divesting it in the spectrum incentive auction.[19]

Acquisition by Nexstar[edit]

On September 8, 2015, it was announced that Media General would acquire Meredith Corporation in a cash and stock deal valued at $2.4 billion. Pending regulatory and shareholder approval, the deal was expected to be consummated in June 2016. The combined company was to be known as Meredith Media General, and be the third-largest owner of television stations in the United States—serving an estimated 30% of households. In order to comply with FCC regulations, some stations would have been sold to other companies in six markets where both groups already own stations (Greenville-Spartanburg, Hartford-New Haven, Mobile, Nashville, Portland (OR) and Springfield (MA)). Media General shareholders would have controlled 65% of the company, with Meredith shareholders holding 35%. [20]

On September 28, it was revealed that Nexstar Broadcasting Group had made an unsolicited cash-and-stock offer for Media General, valued at $14.50 per-share. Following the announcement, Media General shareholders Oppenheimer Holdings (7% stake) and Starboard Capital (4.5% stake) opposed the Meredith merger in favor of selling to Nexstar. On October 6, 2015, the New York Post speculated that the deal had been called off, believing that the deal was unlikely to receive further shareholder support due to these objections. Both companies have denied that this was the case, and reported that other major shareholders were backing the merger.[21][22] Media General hired additional firms to evaluate the Nexstar bid.[23] On November 16, Media General rejected the offer but agreed to negotiate after concluding its merger with Meredith.[24]

On January 27, 2016, Media General announced that it had entered into a definitive agreement to be acquired by Nexstar in a deal valued at $17.14 per-share, valuing the company at $4.6 billion plus the assumption of $2.3 billion debt. The combined company will be known as Nexstar Media Group, and own 171 stations, serving an estimated 39% of households. The company will pay Meredith a termination fee of $60 million, and give Meredith right of first refusal to acquire any broadcast or digital properties that may be divested during the merge. The deal also includes contingent value rights for Media General shareholders if it sells spectrum from its stations during the FCC's spectrum incentive auction.[25][26]

The transaction was approved on January 11, 2017.[1] And the sale was completed on January 17.[27]

Former assets[edit]

Newspapers[edit]

On May 17, 2012, it was announced that investment company Berkshire Hathaway will be acquiring Media General's newspaper division (excluding The Tampa Tribune); these newspapers will be merged into Berkshire Hathaway's World Media Enterprises division, a sister company of its other newspaper holdings under the Omaha World-Herald.[28] The deal closed June 25, 2012.[29] Media General's chairman and former CEO, J. Stewart Bryan III said the company faced a choice: either sell its newspaper division or file for bankruptcy protection. The latter, he said, was "unacceptable." [30] At the end of 2011, Media General had $658 million in debt.[31] In October 2012, The Tampa Tribune and its associated print and digital products were acquired by Tampa Media Group, Inc., a new company formed by Revolution Capital Group.[32]

Major newspapers[edit]

Community newspapers[edit]

Alabama[edit]

Florida[edit]

North Carolina[edit]

South Carolina[edit]

  • The Morning News (Florence) Daily Newspaper for Florence and the Pee Dee Region
  • The News and Post (Lake City)  – Weekly
  • The Marion Star (Marion) – Weekly
  • The Weekly Observer (Hemingway) – Weekly
  • The Hartsville Messenger  – Weekly

Virginia[edit]

Television stations[edit]

Stations are arranged in alphabetical order by state and city of license.

Notes:

  • (**) – Indicates a station built and signed on by Media General.
  • (¤¤) – Indicates a station owned by Park Communications prior to its acquisition by Media General in 1997.
  • (##) – Indicates a station owned by Spartan Radiocasting prior to its acquisition by Media General in 2000.
  • (++) – Indicates a station acquired by Media General from NBC Universal in 2006.
  • (Y) – Indicates a station owned by Young Broadcasting prior to its merger with Media General in 2013.
  • (§§) – Indicates a station owned by LIN Media prior to its merger with Media General in 2014.
City of license / Market Station Channel
TV (RF)
Years Owned Current Ownership Status
Birmingham - Tuscaloosa - Anniston, Alabama WIAT ¤¤ §§ 42 (30) 1997-2006
2014-2017
CBS affiliate owned by Nexstar Media Group
WVTM-TV ++ 13 (13) 2006-2014 NBC affiliate owned by Hearst Television
Montgomery, Alabama WNCF ¤¤ 32 (31) 1997-1999 ABC affiliate owned by SagamoreHill Broadcasting
(Operated through a SSA by Bahakel Communications)
Mobile, Alabama - Pensacola, Florida WKRG-TV ## 5 (27) 2000-2017 CBS affiliate owned by Nexstar Media Group
WFNA §§ 55 (25) 2014-2017 The CW affiliate owned by Nexstar Media Group
San Francisco, California KRON-TV Y 4 (38) 2013-2017 MyNetworkTV affiliate owned by Nexstar Media Group
Colorado Springs - Pueblo, Colorado KXRM-TV 21 (22) 2014-2017 Fox affiliate owned by Nexstar Media Group
KXTU-LD 57 (20) 2014-2017 The CW affiliate owned by Nexstar Media Group
New Haven - Hartford, Connecticut WTNH §§ 8 (10) 2014-2017 ABC affiliate owned by Nexstar Media Group
WCTX §§ 59 (39) 2014-2017 MyNetworkTV affiliate owned by Nexstar Media Group
Jacksonville, Florida WJKS/WJWB/WCWJ 17 (34) 1982-2009 The CW affiliate owned by Graham Media Group
Panama City, Florida WMBB ## 13 (13) 2000-2008 ABC affiliate owned by Nexstar Media Group
Tampa - Saint Petersburg, Florida WFLA-TV ** 8 (7) 1966-2017 NBC affiliate owned by Nexstar Media Group
WTTA 38 (32) 2014-2017 MyNetworkTV affiliate owned by Nexstar Media Group
Augusta, Georgia WJBF ## 6 (42) 2000-2017 ABC affiliate owned by Nexstar Media Group
WAGT 26 (30) 2010-2016 1 NBC affiliate owned by Gray Television
Columbus, Georgia WRBL ## 3 (15) 2000-2017 CBS affiliate owned by Nexstar Media Group
Savannah, Georgia WSAV-TV 3 (39) 1997-2017 NBC affiliate owned by Nexstar Media Group
Toccoa, Georgia WNEG-TV ## 32 (24) 2000-2008 Heroes & Icons affiliate, WGTA, owned by Marquee Broadcasting
Honolulu, Hawaii KHON-TV §§ 2 (8) 2014-2017 Fox affiliate owned by Nexstar Media Group
Hilo, Hawaii KHAW-TV §§
(Satellite of KHON)
11 (11) 2014-2017 Fox affiliate owned by Nexstar Media Group
Wailuku, Hawaii KAII-TV §§
(Satellite of KHON)
7 (7) 2014-2017 Fox affiliate owned by Nexstar Media Group
Fort Wayne, Indiana WANE-TV §§ 15 (31) 2014-2017 CBS affiliate owned by Nexstar Media Group
Indianapolis - Marion, Indiana WISH-TV §§ 8 (9) 2014-2017 The CW affiliate owned by Nexstar Media Group
WNDY-TV §§ 23 (32) 2014-2017 MyNetworkTV affiliate owned by Nexstar Media Group
WIIH-CD §§
(Translator for WISH-TV)
17 (8) 2014-2017 The CW affiliate owned by Nexstar Media Group
Lafayette, Indiana WLFI-TV §§ 18 (11) 2014-2017 CBS affiliate owned by Heartland Media
Terre Haute, Indiana WTHI-TV §§ 10 (10) 2014-2017 CBS affiliate owned by Heartland Media
Davenport, Iowa - Moline, Illinois KWQC-TV Y 6 (36) 2013-2017 NBC affiliate owned by Gray Television
Mason City, Iowa - Rochester, Minnesota KIMT ## §§ 3 (42) 2000-2006
2014-2017
CBS affiliate owned by Heartland Media
Topeka, Kansas KSNT §§ 27 (27) 2014-2017 NBC affiliate owned by Nexstar Media Group
KTMJ-CD §§ 43 (43) 2014-2017 Fox affiliate owned by Nexstar Media Group
KTKA-TV 49 (49) 2014-2017 2 ABC affiliate owned by Vaughan Media
(Operated through an SSA by Nexstar Media Group)
Wichita, Kansas KWCH-TV ## 12 (19) 2000-2006 CBS affiliate owned by Gray Television
KSNW §§ 3 (45) 2014-2017 NBC affiliate owned by Nexstar Media Group
Ensign/Dodge City, Kansas KBSD-TV ##
(Satellite of KWCH)
6 (6) 2000-2006 CBS affiliate owned by Gray Television
Garden City, Kansas KSNG §§
(Satellite of KSNW)
11 (11) 2014-2017 NBC affiliate owned by Nexstar Media Group
Goodland, Kansas KBSL-TV ##
(Satellite of KWCH)
10 (10) 2000-2006 CBS affiliate owned by Gray Television
Great Bend, Kansas KSNC §§
(Satellite of KSNW)
2 (22) 2014-2017 NBC affiliate owned by Nexstar Media Group
Hays, Kansas KBSH-TV ##
(Satellite of KWCH)
7 (7) 2000-2006 CBS affiliate owned by Gray Television
Salina, Kansas KSNL-LD §§
(Satellite of KSNW)
47 (47) 2014-2017 NBC affiliate owned by Nexstar Media Group
McCook, Nebraska KSNK §§
(Satellite of KSNW)
8 (12) 2014-2017 NBC affiliate owned by Nexstar Media Group
Lexington, Kentucky WTVQ-TV ¤¤ 36 (40) 1997-2008 ABC affiliate owned by Morris Multimedia[33]
Alexandria, Louisiana KALB-TV ¤¤ 5 (35) 1997-2008 NBC affiliate owned by Gray Television
Lafayette, Louisiana KLFY-TV Y 10 (10) 2013-2017 CBS affiliate owned by Nexstar Media Group
Springfield, Massachusetts WWLP §§ 22 (11) 2014-2017 NBC affiliate owned by Nexstar Media Group
WFXQ-CD §§
(Satellite of WWLP)
28 (28) 2014-2017 NBC affiliate owned by Nexstar Media Group
Grand Rapids, Michigan WOOD-TV §§ 8 (7) 2014-2017 NBC affiliate owned by Nexstar Media Group
WXSP-CD §§ 15 (15) 2014-2017 MyNetworkTV affiliate owned by Nexstar Media Group
Battle Creek, Michigan WOTV §§ 41 (20) 2014-2017 ABC affiliate owned by Nexstar Media Group
Lansing, Michigan WLNS-TV Y 6 (36) 2013-2017 CBS affiliate owned by Nexstar Media Group
WLAJ 53 (51) 2013-2017 3 ABC affiliate owned by Shield Media
(Operated through a SSA by Nexstar Media Group)
Jackson, Mississippi WJTV 12 (12) 2000-2017 CBS affiliate owned by Nexstar Media Group
Hattiesburg - Laurel, Mississippi WHLT
(Semi-satellite of WJTV)
22 (22) 2000-2017 CBS affiliate owned by Nexstar Media Group
Albuquerque - Santa Fe, New Mexico KRQE §§ 13 (13) 2014-2017 CBS affiliate owned by Nexstar Media Group
KASA-TV §§ 2 (27) 2014-2017 Telemundo affiliate owned by Ramar Communications
KWBQ 29 (19) 2014-2017 4 The CW affiliate owned by Tamer Media, LLC
(Operated through a SSA by Nexstar Media Group)
KASY-TV 50 (45) 2014-2017 4 MyNetworkTV affiliate owned by Tamer Media, LLC
(Operated through a SSA by Nexstar Media Group)
Roswell, New Mexico KBIM-TV §§
(Satellite of KRQE)
10 (10) 2014-2017 CBS affiliate owned by Nexstar Media Group
KRWB-TV
(Satellite of KWBQ)
21 (21) 2014-2017 4 The CW affiliate owned by Tamer Media, LLC
(Operated through a SSA by Nexstar Media Group)
Durango, Colorado KREZ-TV §§
(Satellite of KRQE)
6 (15) 2014-2017 CBS affiliate owned by Nexstar Media Group
Albany - Schenectady - Troy, New York WTEN Y 10 (26) 2013-2017 ABC affiliate owned by Nexstar Media Group
WXXA-TV 23 (7) 2013-2017 3 Fox affiliate owned by Shield Media
(Operated through a SSA by Nexstar Media Group)
Adams, Massachusetts WCDC-TV Y
(Satellite of WTEN)
19 (36) 2013-2017 ABC affiliate owned by Nexstar Media Group
Buffalo, New York WIVB-TV §§ 4 (39) 2014-2017 CBS affiliate owned by Nexstar Media Group
WNLO §§ 23 (32) 2014-2017 The CW affiliate owned by Nexstar Media Group
Utica, New York WUTR ¤¤ 20 (30) 1997 ABC affiliate owned by Mission Broadcasting
(Operated through a SSA by Nexstar Media Group)
Greenville - New Bern -
Washington, North Carolina
WNCT-TV ¤¤ 9 (10) 1997-2017 CBS affiliate owned by Nexstar Media Group
Raleigh - Durham - Fayetteville, North Carolina WNCN ++ 17 (17) 2006-2017 CBS affiliate owned by Nexstar Media Group
Columbus, Ohio WCMH-TV ++ 4 (14) 2006-2017 NBC affiliate owned by Nexstar Media Group
Dayton - Springfield, Ohio WDTN §§ 2 (50) 2014-2017 NBC affiliate owned by Nexstar Media Group
WBDT 26 (26) 2014-2017 2 The CW affiliate owned by Vaughan Media
(Operated through a SSA by Nexstar Media Group)
Youngstown, Ohio WKBN-TV §§ 27 (41) 2014-2017 CBS affiliate owned by Nexstar Media Group
WYFX-LD §§ 19 (19) 2014-2017 Fox affiliate owned by Nexstar Media Group
WYTV 33 (36) 2014-2017 2 ABC affiliate owned by Vaughan Media
(Operated through a SSA by Nexstar Media Group)
Portland, Oregon KOIN §§ 6 (40) 2014-2017 CBS affiliate owned by Nexstar Media Group
Harrisburg - Lancaster -
Lebanon - York, Pennsylvania
WHTM-TV 27 (10) 2014-2017 ABC affiliate owned by Nexstar Media Group
Providence, Rhode Island -
New Bedford, Massachusetts
WJAR ++ 10 (51) 2006-2014 NBC affiliate owned by Sinclair Broadcast Group
WPRI-TV §§ 12 (13) 2014-2017 CBS affiliate owned by Nexstar Media Group
WNAC-TV 64 (12) 2014-2017 5 Fox affiliate owned by Super Towers, Inc.
(Operated through a LMA by Nexstar Media Group)
Charleston, South Carolina WCBD-TV 2 (50) 1983-2017 NBC affiliate owned by Nexstar Media Group
Florence - Myrtle Beach, South Carolina WBTW ## 13 (13) 2000-2017 CBS affiliate owned by Nexstar Media Group
Greenville - Spartanburg, South Carolina WSPA-TV ## 7 (7) 2000-2017 CBS affiliate owned by Nexstar Media Group
WYCW 62 (45) 2001-2017 The CW affiliate owned by Nexstar Media Group
Sioux Falls, South Dakota KELO-TV Y 11 (11) 2013-2017 CBS affiliate owned by Nexstar Media Group
Frorence - Aberdeen, South Dakota KDLO-TV Y
(Satellite of KELO)
3 (3) 2013-2017 CBS affiliate owned by Nexstar Media Group
Reliance - Pierre, South Dakota KPLO-TV Y
(Satellite of KELO)
6 (13) 2013-2017 CBS affiliate owned by Nexstar Media Group
Rapid City, South Dakota KCLO-TV Y
(Satellite of KELO)
16 (15) 2013-2017 CBS affiliate owned by Nexstar Media Group
Chattanooga, Tennessee WDEF-TV ¤¤ 12 (12) 1997-2006 CBS affiliate owned by Morris Multimedia
Knoxville, Tennessee WATE-TV Y 6 (26) 2013-2017 ABC affiliate owned by Nexstar Media Group
Nashville, Tennessee WKRN-TV Y 2 (27) 2013-2017 ABC affiliate owned by Nexstar Media Group
Tri-Cities (TN / VA) WJHL-TV ¤¤ 11 (11) 1997-2017 CBS affiliate owned by Nexstar Media Group
Austin, Texas KXAN-TV §§ 36 (21) 2014-2017 NBC affiliate owned by Nexstar Media Group
KNVA 54 (49) 2014-2017 2 The CW affiliate owned by Vaughan Media
(Operated through a SSA by Nexstar Media Group)
KBVO-CD §§
(Satellite of KBVO)
51 (51) 2014-2017 MyNetworkTV affiliate owned by Nexstar Media Group
Llano, Texas KBVO §§ 14 (27) 2014-2017 MyNetworkTV affiliate owned by Nexstar Media Group
Norfolk - Portsmouth -
Virginia Beach, Virginia
WAVY-TV §§ 10 (31) 2014-2017 NBC affiliate owned by Nexstar Media Group
WVBT §§ 43 (29) 2014-2017 Fox affiliate owned by Nexstar Media Group
Richmond - Petersburg, Virginia WRIC-TV Y 8 (22) 2013-2017 ABC affiliate owned by Nexstar Media Group
Roanoke - Lynchburg, Virginia WSLS-TV ¤¤ 10 (30) 1997-2017 NBC affiliate owned by Graham Media Group
Green Bay - Appleton, Wisconsin WBAY-TV Y 2 (23) 2013-2017 ABC affiliate owned by Gray Television

Other Notes:

  • 1 Owned by Schurz Communications, Media General operated WAGT under a shared services agreement (SSA), with WJBF.
  • 2 Owned by Vaughan Media, Media General operated the stations through a SSA.
  • 3 Owned by Shield Media, Media General operated the stations through an SSA.
  • 4 Owned by Tamer Media, LLC, Media General operated the stations through an SSA.
  • 5 Owned by Super Towers, Inc., Media General operated WNAC through a local marketing agreement.

Other assets[edit]

  • Atlee Park
  • Blockdot
  • Boxerjam Media
  • BiteSizeTV
    • Hollywood Today Live, a daily syndicated entertainment news program distributed by Media General stations, along with Fox Television Stations under a traditional syndication arrangement.
  • LIN Digital

References[edit]

  1. ^ a b "FCC Approves Nexstar's $4.6B Acquisition Of Media General". Deadline.com. Retrieved 11 January 2017. 
  2. ^ Callan, Kathleen (22 July 1996). "Media General Buys Park Acquisitions For $710 Million". Associated Press. Retrieved 27 March 2014. 
  3. ^ Schneider, Michael (8 December 1999). "Media Gen'l buys Spartan for $605 mil". Retrieved 27 March 2014. 
  4. ^ "Media General Announces Sale of WNEG in Toccoa, Ga., to University of Georgia Research Foundation" (Press release). Media General. 2008-06-25. Retrieved 2008-06-25. 
  5. ^ Media General, Young Broadcasting To Merge, TVNewsCheck, June 6, 2013.
  6. ^ [1] Archived November 21, 2013, at the Wayback Machine.
  7. ^ "Setting The New Order At New Media General". TVNewsCheck. 9 July 2014. Retrieved 4 August 2014. 
  8. ^ TV Station Mega Merger: Media General, LIN Set $1.6 Billion Deal from Variety (March 21, 2014)
  9. ^ Media General acquiring LIN Media for $1.6 billion, Los Angeles Times, March 21, 2014.
  10. ^ Media Gen/LIN To Sell/Swap In Five Markets, TVNewsCheck, March 21, 2014.
  11. ^ http://www.tvnewscheck.com/article/78615/media-general-lin-sell-stations-in-5-markets
  12. ^ http://www.mediabistro.com/tvspy/media-general-and-lin-merger-approved-by-shareholders_b130680
  13. ^ http://www.fcc.gov/document/media-bureau-approves-lin-media-and-media-general-transaction
  14. ^ Media General Completes Merger With LIN Media, Press Release, Media General, Retrieved 19 December 2014
  15. ^ FCC Okays Media General/LIN Merger Broadcasting & Cable (12/12/2014)
  16. ^ Seyler, Dave (2015-07-15). "Media General v. Mediacom". Television Business Report. Retrieved 2015-08-29. 
  17. ^ Farrell, Mike (2015-07-15). "Media General Stations Go Dark on Mediacom". Multichannel News. NewBay Media. Retrieved 2015-08-29. 
  18. ^ Eggerton, John (2015-07-30). "Mediacom, Media General Strike Retrans Deal". Broadcasting & Cable. NewBay Media. Retrieved 2015-08-29. 
  19. ^ "In the Matter of Media General Operations, Inc." (PDF). FCC. Retrieved 14 July 2016. 
  20. ^ "Media General to Buy Meredith Corp. for $2.4 Billion". The Wall Street Journal. September 8, 2015. Retrieved 8 September 2015. 
  21. ^ "Media General's bid to acquire Meredith is dead: sources". New York Post. October 7, 2015. Retrieved October 6, 2015. 
  22. ^ "Meredith, Media General stand by deal despite report". Des Moines Register. Retrieved 8 October 2015. 
  23. ^ "Meredith Deal Said on Hold as Media General Assesses Nexstar Bid". Bloomberg. Retrieved 9 October 2015. 
  24. ^ Media General Rejects Nexstar’s $1.9B Offer, But Agrees To Talk - Deadline
  25. ^ "Nexstar-Media General: It's A Done Deal". TVNewsCheck. Retrieved 27 January 2016. 
  26. ^ "Nexstar Clinches Deal to Acquire Media General". The New York Times. Retrieved 27 January 2016. 
  27. ^ Nexstar Broadcasting Group Completes Acquisition of Media General Creating Nexstar Media Group, The Nation’s Second Largest Television Broadcaster Nexstar Media Group, 17 January, 2017. Retrieved 17 January, 2017.
  28. ^ Deadline: "Media General Shares Soar After Warren Buffett Agrees To Buy Its Newspapers", May 17, 2012.
  29. ^ facebook. "New owner, era for The Times-Dispatch - Richmond Times-Dispatch: Business & Economic News". .timesdispatch.com. Retrieved 2014-03-24. 
  30. ^ facebook (2012-05-18). "Media General chairman: 'A very bittersweet day' - Richmond Times-Dispatch: Business & Economic News". .timesdispatch.com. Retrieved 2014-03-24. 
  31. ^ facebook (2012-03-21). "Media General gets 'some breathing room' with credit agreement amendment - Richmond Times-Dispatch: Business & Economic News". .timesdispatch.com. Retrieved 2014-03-24. 
  32. ^ ABC News: "The Tampa Tribune Sold to Private Equity Firm", October 8, 2012.
  33. ^ "Media General Announces Sale of WTVQ-TV in Lexington, Ky., to Morris Network, Inc." (Press release). Media General. 2008-03-07. Retrieved 2008-03-07.