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Slide #65. Media General — Young Broadcasting
Media General (MEG)
Media General, Inc. (NYSE: MEG) today closed on its business combination with New Young Broadcasting Holding Co., Inc.
Media General owns, operates or services network-affiliated stations and their associated digital media and mobile platforms. As of Dec 31 2015, Co. had two reportable segments: Broadcast, which included 71 television stations that were either owned, operated or serviced by Co. in 48 U.S. markets, all of which were engaged principally in the sale of television advertising; and Digital, which included the operating results of Co.'s digital businesses as well as the business operations related to the television station companion websites. Co. also provides advertising airtime to certain customers in exchange for products and services.
Open the MEG Page at The Online Investor »
Buy (2.67 out of 4)
(ranked higher than approx. 100% of all stocks covered)
Based on Zacks ABR data;
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