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Media General Inc.
Media General is a publicly owned communications company with interests in newspapers, television stations and interactive media. Co. operates in three segments: Publishing, which includes...
Media General Inc. company page on BNET »

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Earnings: Time Warner Cable Q2 Revenue Up 7 Percent; Data And Voice Lead The Way
Time Warner (NYSE: TWX) Cable, which is in the process of being fully spunoff from its parent, reported Q2 revenue of $4.3 billion, an increase of 7 percent over last year. The number was a shade behind analyst esimates of $4.33 billion. Net income of $277 million was just...
Tags: Earnings, Companies, Time Warner, Media, TV, Cable & Telecom, Money, Time Warner Inc.
News items 2008-08-06
Earnings: WebMD Q2 Revs Up 15 Percent; Income Up 25 Percent; Pharma Ads Coming BacK?
Health portal WebMD (NSDQ: WBMD) reported revenue of $89.2 million, a 15 percent increase from $77.3 million in the year-ago quarter. Net income from continuing ops of $6.4 million ($.11 per share) were up 25 percent from last year's $5.1 million ($.09 per share). The company's core segment, online...
Tags: WebMD, Earnings, Media, Health Content, Money
News items 2008-08-06
Earnings: Playboy Swings To Net Loss In Q2; Revs Drop 14 Percent
Despite CEO Christie Hefner's advice to newspapers struggling with the transition from traditional to digital last week, judging by Playboy's (NYSE: PLA) Q2 results, the company still doesn't seem to have found a model for others to emulate. The Chicago-based publisher reported a Q2 net loss of $2.1...
Tags: Earnings, Entertainment, Adult, Media, Magazines, Money, Playboy Enterprises Inc.
News items 2008-08-06
Time Warner Cable: CEO Britt: Business Strong Despite Economy
Work in progress Time Warner (NYSE: TWX) Cable's latest quarter continued the general strength in cable this quarter, and the market share inroads being made over the telcos. CEO Glenn Britt acknowledged the weak economy, saying it meant the company couldn't rely on new housing development for subscriber growth....
Tags: Media, TV, Cable & Telecom, Money, Earnings, Time Warner Inc.
News items 2008-08-06
Earnings: R.R. Donnelley Reverses Net Loss In Q2; Revs Gain 4.6 Percent
Print services provider R.R. Donnelley (separate from directory services company R.H. Donnelley) said Q2 net earnings from continuing operations came in $145.1 million ($0.68 per diluted share) from last year's net loss of $69.4 million ($0.32 per diluted share). Net sales in the quarter were $2.9 billion, up nearly...
Tags: Financial Accounting, Currency & Foreign Exchange, Earnings, Foreign-exchange, Finance, David Kaplan, Media, Books, Newspapers, Money
News items 2008-08-06
Playboy Call: Pay Site Revenues Face Possible Declines Until Web Relaunch
[In progress] Playboy (NYSE: PLA) executives sought to gird themselves against further struggles due to the decline of print, challenges to its pay-TV business and the focus on the current website overhaul that will reduce revenues and resources until Q4. CEO Christie Hefner outlined the process of the website...
Tags: Advertising, Entertainment, Adult, Media, Magazines, Money, Earnings, Playboy Enterprises Inc.
News items 2008-08-06
CondéNet Synthesizes Ad Sales Team; Staff Reorg Focuses On Verticals, Not Titles
Times are getting a little tougher for online ad revenues. And so with marketers becoming impatient with the lack of one-stop shopping across a companies sites becoming more pronounced, CondéNet has decided to simplify its two ad sales teams into one. Up until now, there was one team handling...
Tags: Advertisement, CondéNet, Times, Sales Strategy, Sales Force Management, Sales, David Kaplan, Advertising, Companies, Conde Nast, Media, Magazines
News items 2008-08-06
Lehman, JP Morgan Weigh in on Newly-Formed Sirius XM Radio
Tyler Savery submits: Lehman Brothers analyst James Ratcliffe issued a report Tuesday maintaining his overweight opinion on Sirius XM Radio SIRI, but adjusting his price target to $2.10. The analyst sees some bullish aspects of satellite radio which derives a price target of $3.19, but also has caution in...
Tags: Media, Sirius Satellite Radio Inc.
External links 2008-08-06
Cablevision Wins Remote Storage DVR Case - Consumers Win Too
Seth Gilbert submits: Copyright law is a funny beast. Even in its most recent incarnations, freshly stamped with Congressional approval, it rarely keeps pace with changing business models and new invention. It’s evolutionary law subject to seemingly constant interpretation (and re-interpretation) to match legislative intent to new market paradigms. A...
Tags: Cablevision Systems Corp., Media
External links 2008-08-06
Netflix User Statistics: Reading Between the Numbers
Davis Freeberg submits: A few months ago, Raghu Srinivasan launched a website named Feedflix that allows you to use your customized Netflix NFLX RSS feeds to track how you are using your membership. The site monitors your usage data and can tell you things like how much you spend...
Tags: NetFlix Inc., Media
External links 2008-08-06
Disney's Animation Moat Stays as Wide as Ever
Jason Kelly submits: The Kelly Letter bought Disney DIS at $15 in March 2003. It reached a high of $36 in May 2007 and is now hovering around $30. We continue holding Disney because we think its mastery of animation makes it very hard for competitors to break into...
Tags: Media, The Walt Disney Co.
External links 2008-08-06
News Corp. Expands Presence in India: "A Lot of Growth to Be Had"
Money Morning submits: By Jason Simpkins News Corp. NWS, the media giant owned by Rupert Murdoch, will strengthen its presence in India with the creation of six regional television channels. by Money Morning
Tags: India, News Corp., Media
External links 2008-08-06
MySpace Music: The CEO Candidate Shortlist
Michael Arrington submits: Get ready to start hearing a lot about MySpace Music, a huge joint venture project between MySpace and the big music labels. One big question about the project remains: who will be the CEO of the new company. We’ve gathered a shortlist of candidates that MySpace...
Tags: Media, News Corp.
External links 2008-08-06
The WSJ's Broken Subscription System
Felix Salmon submits: Rupert Murdoch's News Corp NWS today announced a 57% rise in annual profits, to $5.38 billion. Please, Mr Murdoch, spend a tiny, tiny amount of that money on fixing the Wall Street Journal's horrendously broken subscriptions system. I'm spending the summer in the Mitte central...
Tags: Media, News Corp.
External links 2008-08-06
Earnings Preview: Macrovision Solutions
Macrovision Solutions MVSN is expected to report Q2 earnings after makret close Thursday, August 7, with a conference call scheduled for 5:00 p.m. ET. Guidance The consensus estimate is 22c for EPS and $149.29M for revenue, according to First Call. by theflyonthewall.com
Tags: Media, Macrovision Corp.
External links 2008-08-06
Comcast Buys Daily Candy to Bolster Its Other Sites
Julia Boorstin submits: CNBC.comDaily Candy Cable giant Comcast CMCSA is paying some $125 million for Daily Candy, a lifestyle-oriented website and e-mail newsletter that reaches 2.5 million readers, mostly women. Founded in 2000, Daily Candy publishes 13 daily editions and eight weekly editions, organized by locale or interest. I myself...
Tags: Media, Comcast Corp.
External links 2008-08-06
Time Warner Beats Estimates, Warner Bros. Shines
Julia Boorstin submits: Time WarnerTIME WARNER INCTWX14.83  -0.05  ...
Tags: Media, Time Warner Inc.
External links 2008-08-06
EconCeleb Video: Harvey Levin: 'If We Screw With You, Never Work With Us Again'
At our EconCeleb spotlight Q&A with Harvey Levin, managing editor, TMZ.com and host & executive producer, TMZ, he and interviewer Charlie Koones, former president and publisher of Variety, talked about Levin's own philosophy for the show. Levin also clarified where he draws the line between what he will report...
Tags: EconCeleb, Conferences, Media, Entertainment, Amanda Natividad, Internet, Marketing, RSS, Corporate Communications, Bonnie Fuller, Video
News items 2008-08-05
CAA Forms Sports Media Rollup Venture; Chris Bevilacqua As CEO
CAA is making its biggest bet on sports media, yet, and has formed a new unit called CAA Sports Media Venture, and funding it to buy and operate companies in the space. It has tapped Chris Bevilacqua, co-founder of CSTV Networks, as the CEO of this venture. The new...
Tags: Mergers & Acquisitions, VC+M&A, Sports, Entertainment, Rafat Ali, Human Resources, Marketing, Workforce Management, Advertising & Promotion, CAA, Unit, Media, Venture
News items 2008-08-05
Mario Gabelli forming New SPAC: Focus Includes Entertainment, Media And Telecom
The craze over SPACs or "blank check" acquisition firms has died down quite a bit from the past few years, when several new ones were launched. We've covered a few of them in the media space, though they haven't become major market forces. Mario Gabelli, longtime head of Gamco...
Tags: Money, Business Operations, Joseph Weisenthal, IPO, Media, Marketing, Finance, Investment, Corporate Law, Advertising & Promotion, Mergers & Acquisitions, Entertainment, VC+M&A, Telecommunications, Acquisition, Cablevision Systems Corp.
News items 2008-08-05
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