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. Davis
Number of Employees 5,600
Contact Information

333 E Franklin St

PO Box 85333

Richmond, Virginia 23219-2213

mediageneral.co...

(804) 649-6000

NAICS Code Newspaper Publishers: 511110

Recent Events

  • Media General to Announce Fourth-Quarter and Full-Year 2009 Results, Host Conference Call on January 28

    1/15/10 - Financial Announcement - View Story

  • Janet Coats steps down as Tampa Tribune executive editor

    12/07/09 - Financial Announcement - View Story

  • Media General posts 3Q loss

    10/21/09 - Financial Announcement - View Story

  • Media General Sells Virginia Business

    9/26/09 - Financial Announcement - View Story

  • Media General reports profitable 2Q

    7/22/09 - Financial Announcement - View Story

  • FitzSimons Tapped for Media General Board

    6/24/09 - Stock Split / Dividend - View Story

  • Former Tribune exec Dennis FitzSimons joins Media General board

    6/24/09 - Board Member - Entering - View Story

  • Former Tribune exec Dennis FitzSimons joins Media General board

    6/24/09 - Mgmt. Change - Entering - View Story

  • Former Tribune exec Dennis FitzSimons joins Media General board

    6/24/09 - Financial Announcement - View Story

  • Tough times push change at Media General, CEO says

    4/24/09 - Mgmt. Change Entering - Finance - View Story

  • BRIEF-Media General names Stephen Dickinson vice president

    4/23/09 - Mgmt. Change Entering - Vice President - View Story

  • BRIEF-Media General names Stephen Dickinson vice president

    4/23/09 - Mgmt. Change - Entering - View Story

  • Media General Names Stephen Dickinson Vice President, Chief Accounting Officer, and Timothy Mulvaney Controller

    4/23/09 - Mgmt. Change Entering - Vice President - View Story

  • Media General Names Stephen Dickinson Vice President, Chief Accounting Officer, and Timothy Mulvaney Controller

    4/23/09 - Mgmt. Change - Entering - View Story

  • Media General Broadcast Revenue Drops 19%

    4/17/09 - Financial Announcement - View Story

  • Media General asking employees to take unpaid leave

    2/19/09 - Financial Announcement - View Story

  • Media General Board of Directors Suspends Dividend

    1/29/09 - Stock Split / Dividend - View Story

  • Media General Reports Fourth-Quarter 2008 Results; Includes Non-cash Impairment Charge

    1/29/09 - Financial Announcement - View Story

  • Nexstar to buy Media General's Florida station

    1/28/09 - Merger / Acquisition - View Story

News & Analysis

media general inc. - All News and Analysis

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
     MEG $8.53 +0.31 (3.77% )
Average Volume 102,510
Shares Outstanding 22.24M
Market Cap 189.7M
Year High 11.65
Year Low 1.25
Earnings Per Share -2.01
P/E Ratio -4.24
Dividend 0.48
Yield 5.63