BNET Industries
Market Cap:$180.1M
Last Fiscal Year Sales:$800.0M
- Public
- US
Dow Jones Description
Our mission is to be the leading provider of high-quality news, information and entertainment in the Southeast by continually building our position of strength in strategically located markets.
Board of Directors
Eugene I. DavisNumber of Employees 5,600
Contact Information
333 E Franklin St
PO Box 85333
Richmond, Virginia 23219-2213
(804) 649-6000
Peer Companies
NAICS Code Newspaper Publishers: 511110
Recent Events
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Media General to Announce Fourth-Quarter and Full-Year 2009 Results, Host Conference Call on January 28
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Janet Coats steps down as Tampa Tribune executive editor
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Media General posts 3Q loss
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Media General Sells Virginia Business
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Media General reports profitable 2Q
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FitzSimons Tapped for Media General Board
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Former Tribune exec Dennis FitzSimons joins Media General board
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Former Tribune exec Dennis FitzSimons joins Media General board
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Former Tribune exec Dennis FitzSimons joins Media General board
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Tough times push change at Media General, CEO says
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BRIEF-Media General names Stephen Dickinson vice president
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BRIEF-Media General names Stephen Dickinson vice president
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Media General Names Stephen Dickinson Vice President, Chief Accounting Officer, and Timothy Mulvaney Controller
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Media General Names Stephen Dickinson Vice President, Chief Accounting Officer, and Timothy Mulvaney Controller
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Media General Broadcast Revenue Drops 19%
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Media General asking employees to take unpaid leave
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Media General Board of Directors Suspends Dividend
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Media General Reports Fourth-Quarter 2008 Results; Includes Non-cash Impairment Charge
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Nexstar to buy Media General's Florida station
News & Analysis
Filter by
media general inc. - All News and Analysis
Media General Inc. Q4 2009 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions. Your first question comes from the line of Ed Atorino of Benchmark. Please proceed. Ed Atorino - Benchmark Could you sort of go over that tax situation again and maybe what would you be looking at as sort of a quote a tax rate...
Media General to Announce Third-Quarter 2009 Results, Host Conference Call on October 21
RICHMOND, Va., Sept. 23 /PRNewswire-FirstCall/ -- Media General, Inc. will announce its third-quarter 2009 results on Wednesday, October 21, before the market opens. The full text of the release and financials will be available on the company's Web site, http://www.mediageneral.com/. The company will hold...
Media General Inc. Q2 2009 Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions Your first question comes from Ed Atorino - Benchmark Capital. Ed Atorino - Benchmark Capital If you look at the costs in the second quarter sort of by group, will there be much change quarter-to-quarter or is that...
Media General Inc. Q2 2009 Earnings Call Transcript
Media General Inc. MEG Q2 2009 Earnings Call July 22, 2009 11:00 am ET
Batten Sr., two others honored for dedication
By Denise Watson Batts The Virginian-Pilot Frank Batten Sr. and two other state leaders in journalism are recipients of the Virginia Press Association Lifetime Achievement Award . Batten, the retired chairman and chief executive officer of Landmark Communications, now known as...
@ UBS Media Week: As Newspapers Struggle, Appreciation Flows To Online Partners
Classified ads continue to be battered online and off, hence, newspaper companies have been singing the praises of their online partners this week at the UBS Global Media and Communications PDF conference. Earlier on Wednesday, Gannett (NYSE: GCI) praised CareerBuilder for supplying 80 percent of its interactive revenues for...
Dow Closes Below 8,000 For First Time In Five Years; ContentNextDex Drops To Lowest Since '07 Launch
The Dow, with its first sub-8,000 close in five years, wasn't the only index with a record-you-don't-want day: the ContentNextDex, our own index of media, tech, mobile and entertainment stocks, dropped nearly 6 percent to 507.32—the lowest close since we launched it officially in September 2007. Compared with the...
Media General, Inc. Q3 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions Your first question comes from Edward Atorino – The Benchmark Company. Edward Atorino – The Benchmark Company Unless I missed something, you restated some numbers in the third quarter of ’08 versus the original third quarter of ’07 results. Marshall N. Morton...
Not Quite the Whole Truth About Harbinger
Greg Newton submits: Philip Falcone, principal of Harbinger Capital Partners, broke cover Monday night to tell Reuters that: investors would be mistaken if they thought selling by Harbinger was behind the double-digit percentage declines in stocks it holds, including [The New York] Times NYT, Media...
Newspaper Ad Revenues Gaining Downhill Momentum; Online Struggling Too
Erick Schonfeld submits: Can it get any worse for the newspaper industry? The steep decline in print advertising just keeps getting steeper and, for the first time, even online ad sales have gone down. by Erick Schonfeld
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Neal Fondren | Vice President |
| O. Reid Ashe Jr | COO & Executive Vice President |
| C Kirk Read | Vice President |
| George L. Mahoney | General Counsel, Vice President & Secretary |
| H. Graham Woodlief | Vice President |
| James Woodward | Vice President, Human Resources |
| Robert E. Macpherson | Vice Presidentcorporate Human Resources |
| Keith E. Piper | Director, Corp Tax |
| Thomas A. Foster | Director, Internal Audit |
| Walter L. Waleski | Director, Info Technology |
| Raphael Seligmann | Manager, Communications |
| Timothy J. Mulvaney | Assistant Controller |
| Lou Anne | |
| Mike Smith | |
| F Jack Liebau Jr | Director |
| J Daniel Sullivan | Director |
| John A. Butler | Treasurer |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Eugene I. Davis | Board of Directors |
| Walter Williams | Board of Directors |
| Marshall Morton | Board of Directors |
| John A. Schauss | Board of Directors |
| Stephen Y. Dickinson | Board of Directors |
| Lou Nabhan | Board of Directors |
| Charles A. Davis | Board of Directors |
| Coleman Wortham | Board of Directors |
| Dennis J. Fitzsimons | Media General's Board of Directors Appoints New Member |
| Diana F. Cantor | Board of Directors |
| J. Stewart Bryan III | Board of Directors |
| Rodney A Smolla | Board of Directors |
| Scott Anthony | Board of Directors |
| Thompson L. Rankin | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Golden Northwest Aluminum Inc. | Chief Executive Officer | Current |
| Gravity-Entertainment.Com | Director of Gravity Entertainment | Current |
| Ballast Point Ventures | Current | |
| Haights Cross Communications Inc. | Board of Directors | Former |
| Atari, Inc. | Chairman | Current |
| Cadence Innovation, LLC. | Chairman of the Boards | Current |
| Atlas Air Worldwide Holdings Inc. | Chairman of the Board | Current |
| McLeodUSA Incorporated | Chairman of the Boards | Current |
| Haights Cross Communications Inc. | Chairman | Current |
| Knology, Inc. | Director | Current |
| Lazy Pet | Board of Directors | Current |
| Eagle Geophysical, Inc. | Director | Current |
| American Commercial Lines Inc. | Director | Current |
| Medicor, Ltd. | Director | Current |
| MOSAID Technologies Incorporated | Board of Directors | Current |
| Ion Media Networks, Inc. | Director | Current |
| O'Sullivan Industries Holdings, Inc. | Director | Current |
| Metals USA, Inc. | Director | Current |
| Granite Broadcasting Corporation | Director | Current |
| Ballast Point Ventures, L.P. | Director | Current |
| PRG-Schultz International, Inc. | Director | Current |
| Oglebay Norton Company | Director | Current |
| Footstar, Inc. | Director | Current |
| Germantown Maryland | Board of Directors | Current |
| Media General, Inc. | Board of Directors | Current |
| American Commerical Barge Line Co. | Director | Current |
| Foamex International Inc. | Board of Directors | Current |
| Motient Corporation | Board of Directors | Current |
| Maryland.Com | Board of Directors | Current |
| Graceba Total Communications | Director | Current |
| Pliant Corporation | Director | Current |
| PRG-Schultz International, Inc. | Chairman and CEO, Pirinate Consulting Group | Former |
| Metals USA, Inc. | Co-President | Former |
| Emerson Radio Corp. | President | Former |
| Emerson Radio Corp. | Interim Cfo | Former |
| Emerson Radio Corp. | Executive Vice President | Former |
| Arter & Hadden | Partner | Former |
| Amoco Corporation | International Attorney | Former |
| General Chemical Industrial Products Inc. | Chair of Board | Former |
| Atlas Air Worldwide Holdings Inc. | Director | Former |
| Atari, Inc. | Board of Directors | Former |
| McLeodUSA Incorporated | Board of Directors | Former |
| Delta Air Lines, Inc. | Board of Directors | Former |
| Emerson Radio Corp. | Director | Former |
| Emerson Radio Corp. | Vice Chairman | Former |
| Columbia University | Doctorate | Former |
| Columbia University Law School | J.D. | Former |
| Columbia University | Masters of International Affairs | Former |
| Columbia University | B.A. In International Politics | Former |
| Columbia College | Bachelor's Degree | Former |
| Organization | Position | Status |
|---|---|---|
| Media General, Inc. | Vice President | Current |
| NTN Buzztime, Inc. | Director | Current |
| Organization | Position | Status |
|---|---|---|
| Grove City College | Adjunct Professor | Current |
| Eco-Nomics, Inc. | John M. Olin Distinguished Professor | Current |
| The John William Pope Center for Higher Education Policy | John M. Olin Distinguished Professor of Economics, George Mason University | Current |
| Liberty Watch | Professor of Economics at George Mason University | Current |
| Gary A. Johnson Company Web Design | Professor | Current |
| George Mason University | Faculty | Current |
| Walter E. Williams | Current | |
| Lawter Genealogy | Current | |
| Media General, Inc. | Chairman | Current |
| Americans for Prosperity Illinois | Director | Current |
| Afp-NC | Director | Current |
| Reason Foundation | Board of Directors | Current |
| The Mont Pelerin Society | Board of Directors | Current |
| Americans for Prosperity - Oklahoma | Director | Current |
| Landmark Legal Foundation | Board of Directors | Current |
| Americans for Prosperity Says Kansas Employment Suffers | Director | Current |
| The Cato Institute and Co | Board of Directors | Current |
| Afp-Va | Director | Current |
| Americans for Prosperity | Director | Current |
| Americans for Prosperity New Jersey | Director | Current |
| Media General, Inc. | Board of Directors | Current |
| Americans for Prosperity - Michigan | Director | Current |
| California State University, Los Angeles | Faculty | Former |
| University of California, Los Angeles | Ph.D. Degrees In Economics | Former |
| University of California, Los Angeles | M.A. | Former |
| California State University | B.A. In Economics | Former |
| University of California, Los Angeles | Degrees In Economics | Former |
| California State University | Degrees In Economics | Former |
President and CEO since 2005; Vice Chairman from 2001-2005 and Chief Financial Officer from 1989-2005; Director since 1997; Member of the Executive Committee; Senior Vice President 1989-01; Corporate Vice President and Controller of West Point-Pepperell Inc. and Vice President of finance and administration for J. P. Stevens (a West-Point-Pepperell subsidiary) 1986-88.
| Organization | Position | Status |
|---|---|---|
| Media General, Inc. | President and CEO | Current |
| Media General, Inc. | Vice Chairman & CFO | Former |
| Media General, Inc. | Board of Directors | Current |
Vice President - Finance and CFO since 2005; Treasurer 2001-08; deputy treasurer of George Washington University 1998-01; chief operating officer and chief financial officer of Eastern College 1994-98; associate vice president for finance at George Washington University 1991-94.
| Organization | Position | Status |
|---|---|---|
| Media General, Inc. | Vice President, Finance and Cfo | Current |
| Media General, Inc. | Board of Directors | Current |
| Media General, Inc. | Treasurer | Former |
Executive Vice President since 2005; Chief Operating Officer since 2001; Director since 2002; President and Publisher of The Tampa Tribune 1997-2001; President and Associate Publisher of The Tampa Tribune 1996-1997; President and Publisher of the Wichita (Kansas) Eagle 1987-1996.
| Organization | Position | Status |
|---|---|---|
| Media General, Inc. | COO & Executive Vice President | Current |
| Media General, Inc. | Board of Directors | Current |
Vice President since July 1, 2009; Chief Accounting Officer since 2005; Controller 1993-2009; Assistant Controller 1989-92; Director of Corporate Tax Department 1983-89; Principal Ernst & Young LLP 1979-83.
| Organization | Position | Status |
|---|---|---|
| Media General, Inc. | Vice President and Chief Accounting Officer | Current |
| Media General, Inc. | Board of Directors | Current |
Vice President and president of the Interactive Media Division since June 2007; regional publisher, Northern Virginia Community Newspapers 2006-07; publisher, Culpeper (Va.) Star-Exponent 2004-06; general manager, TBO.com, 1999-2004.
| Organization | Position | Status |
|---|---|---|
| Media General, Inc. | Vice President | Current |
Vice President since 2006; General Counsel and Secretary since 1993; assistant general counsel Dow Jones & Co. 1982-93; Satterlee & Stephens 1978-82.
| Organization | Position | Status |
|---|---|---|
| Media General, Inc. | General Counsel, Vice President & Secretary | Current |
| Media General, Inc. | Board of Directors | Current |
Vice President since 1989; president of the Publishing Division; vice president and business manager of Richmond Newspapers Inc. 1984-89; treasurer 1987-89; controller 1973-84; assistant controller 1971-73; chief accountant 1969-71.
| Organization | Position | Status |
|---|---|---|
| Media General, Inc. | Vice President | Current |
Corporate Vice President since 2005; director of human resources 1999-2005; manager of human resource systems 1996-99, assistant controller Richmond Times-Dispatch 1992-96; staff auditor and audit manager, Internal Audit Department 1985-92; staff accountant 1983-85.
| Organization | Position | Status |
|---|---|---|
| Media General, Inc. | Vice President, Human Resources | Current |
| Richmond Times-Dispatch | Director, HR | Current |
| Media General, Inc. | Director, HR | Former |
Vice President and director of corporate communications since January 2001; vice president of Reynolds Metals Co. 1998-00; director of corporate communications for Reynolds Metals 1993-00.
| Organization | Position | Status |
|---|---|---|
| Media General, Inc. | Vice President and Director of Corporate Communications | Current |
| Media General, Inc. | Board of Directors | Current |
| James River Writers: Fostering | Board of Directors | Current |
Vice President, Corporate Human Resources since July 1, 2009; President, Media General Community Newspapers 2005-09; Group Publisher in Danville, Va., and Rockingham County, N.C., 2004-05, other Media General Business and Financial management positions 1982-2004.
| Organization | Position | Status |
|---|---|---|
| Media General, Inc. | Vice Presidentcorporate Human Resources | Current |
| Organization | Position | Status |
|---|---|---|
| Media General, Inc. | Director, Corp Tax | Current |
| Media General, Inc. | Director, Corp Tax | Former |
| Organization | Position | Status |
|---|---|---|
| Media General, Inc. | Director, Internal Audit | Current |
| Media General, Inc. | Director, Internal Audit | Former |
| Organization | Position | Status |
|---|---|---|
| Media General, Inc. | Director, Info Technology | Current |
| Media General, Inc. | Director, Info Technology | Former |
| Organization | Position | Status |
|---|---|---|
| Media General, Inc. | Manager, Communications | Current |
| Organization | Position | Status |
|---|---|---|
| Media General, Inc. | Assistant Controller | Current |
| Organization | Position | Status |
|---|---|---|
| Media General, Inc. | Current | |
| Reynolds Metals, Inc. | vice president | Former |
| Reynolds Metals, Inc. | director of corporate communications | Former |
Mike Smith grew up on a farm in New Kent, Virginia, just east of Richmond. He attended the College of William and Mary in Williamsburg, VA and graduated in 2000 with a B.S. in Computer Science. During his senior year at W&M, he was discipled by Percy Strickland, who later went on to found Church Hill Activities & Tutoring. Mike moved to Richmond in 2000 and programmed pharmaceutical software for 6 years. For the past 2 years, he has worked for Media General in their Interactive Media department, focusing on website development and search functionality. Mike has been involved with Church Hill Activites & Tutoring since 2004, and has served on the board since 2005. Mike met Ashley Lee while tutoring at CHAT in 2005, and they later went on to marry in 2006. He has attended Peace Hill Christian Fellowship in Charles City County, VA for the past 10 years and played guitar on their worship team. He has recenlty been attending East End Fellowship since it began in February 2008. Among other things, Mike enjoys travelling, playing music, serving others, working on his backyard vegetable garden, spending time with family and friends, and squeezing in a game of disk golf every now and then.
| Organization | Position | Status |
|---|---|---|
| Mediagen | Current | |
| Media General, Inc. | Current | |
| Church Hill Activities & Tutoring | Board of Directors | Current |
| Peace Hill Christian Fellowship | Former |
| Organization | Position | Status |
|---|---|---|
| NYSE Group, Inc. | Current | |
| The Hershey Co. | Board of Directors | Current |
| Merchants Bancshares, Inc. | Board of Directors | Current |
| The Progressive Corporation | Board of Directors | Current |
| Progressive Casualty Insurance Company | Board of Directors | Current |
| Media General, Inc. | Board of Directors | Current |
| AXIS Capital Holdings Limited | Board of Directors | Current |
| MMC Capital, Inc. | Chief Executive Officer | Former |
| Stone Point Capital LLC | Chief Executive Officer | Former |
| MMC Capital, Inc. | President | Former |
| The Goldman Sachs Group, Inc. | Senior Director, and a Limited Partner | Former |
| MMC Capital | Former | |
| Goldman, Sachs & Co. | Former | |
| MMC Capital, Inc. | Chairman | Former |
| Marsh & McLennan Companies, Inc. | Director | Former |
| Marsh & McLennan Companies, Inc. | Vice Chairman | Former |
| University of Vermont | B.A. | Former |
Director since 2004; Chairman of the Compensation Committee; Member of the Nominating & Governance and Executive Committees; President and Chief Executive Officer of Davenport & Company LLC.
| Organization | Position | Status |
|---|---|---|
| Media General, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Media General, Inc. | Media General's Board of Directors Appoints New Member | Current |
Diana F. Cantor has served on the Board of Directors since October 2005 and also serves on the Nominating and Corporate Governance Committee as well as the Audit Committee of the Board. Ms. Cantor has been Executive Director of the Virginia College Savings Plan, a $13.5 billion college savings program, since 1996. She has served on the board of the College Savings Plans Network since 1997 and as its chair from 2001-2004. Ms. Cantor served seven years as Vice President of Richmond Resources, Ltd from 1990-1996, and as Vice President of Goldman, Sachs & Co. from 1985-1990. She also serves on the Board of Directors for Media General, Inc.
| Organization | Position | Status |
|---|---|---|
| Virginia College Savings Plan | Executive Director | Former |
| New York Private Bank & Trust | Managing Director | Current |
| Media General, Inc. | Board of Directors | Current |
| Talkibie | Board of Directors | Current |
| PC Repair Blog | Board of Directors | Current |
| Domino's, Inc. | Board of Directors | Current |
| Goldman, Sachs & Co. | Vice President | Former |
| Virginia College Savings Plan | Founder | Former |
| Commonwealth of Virginia | Former | |
| University of Miami | Degrees | Former |
| New York University | Degrees | Former |
| University of Florida | Degrees | Former |
| Organization | Position | Status |
|---|---|---|
| Media General, Inc. | Director | Current |
| Organization | Position | Status |
|---|---|---|
| Media General, Inc. | Director | Current |
Chairman of the Board since 1990; Chief Executive Officer from 1990-2005; Director since 1974; Chairman of the Executive Committee; President 1990-01; Chief Operating Officer 1989-90; Executive Vice President 1985-90; Publisher of the Richmond Times-Dispatch 1978-2004; Publisher of the Tampa Tribune 1976-78
| Organization | Position | Status |
|---|---|---|
| Media General, Inc. | Board of Directors | Current |
| Media General, Inc. | Chairman & CEO | Former |
Treasurer since September 25, 2008; assistant treasurer, 2005-08; director of treasury management, 2003-05; vice president and treasurer at SITEL Corp., 2001-03; financial positions with Occidental Petroleum, Nissan Motor Corp. and US Airways, 1982-2001.
| Organization | Position | Status |
|---|---|---|
| Media General, Inc. | Treasurer | Current |
Director since 2006; Chairman of the Nominating & Governance Committee; Member of the Compensation and Executive Committees; Dean of the Washington and Lee University School of Law.
| Organization | Position | Status |
|---|---|---|
| Media General, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| The Strategy Company | Editor | Current |
| A Stroke of Luck | Current | |
| The Sweeney Agency | Current | |
| Executive Forum Ltd. | Current | |
| Media General, Inc. | Board of Directors | Current |
| Mediagen | Board of Directors | Current |
| Innosight LLC | President | Former |
| Innosight LLC | Partner | Former |
| WorldSpace, Inc. | Product Manager | Former |
| The Wall Street Journal | Strategy& Innovation | Former |
| Aspen Technology, Inc. | Strategic Planner | Former |
| McKinsey & Company, Inc. | Consultant | Former |
| Fortune 500 | Former | |
| Dartmouth College | BA In Economics | Former |
| Organization | Position | Status |
|---|---|---|
| TECO Energy, Inc. | Board of Directors | Current |
| Media General, Inc. | Board of Directors | Current |
| Lykes Bros. Inc. | Chief Executive Officer | Former |
| Lykes Bros. Inc. | President | Former |
| Lykes Bros. Inc. | Chief Operating Officer | Former |
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