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Last $16.87 USD
Change Today -0.01 / -0.06%
Volume 869.8K
MEG On Other Exchanges
New York
As of 8:04 PM 04/24/15 All times are local (Market data is delayed by at least 15 minutes).

media general inc (MEG) Snapshot

Previous Close
Day High
Day Low
52 Week High
07/16/14 - $23.75
52 Week Low
10/13/14 - $12.45
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield
Current Stock Chart for MEDIA GENERAL INC (MEG)

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media general inc (MEG) Details

Media General, Inc. owns and operates television stations in the United States. It operates 71 network-affiliated stations, and their associated digital media and mobile platforms, including 22 CBS stations, 14 NBC stations, 12 ABC stations, 8 FOX stations, 7 MyNetworkTV stations, 7 CW stations, and 1 Telemundo station in 48 markets. Media General, Inc. was founded in 1850 and is headquartered in Richmond, Virginia.

5,300 Employees
Last Reported Date: 03/2/15
Founded in 1850

media general inc (MEG) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $424.6K
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $700.0K
Chief Operating Officer and Senior Vice Presi...
Total Annual Compensation: $775.0K
Vice President, General Counsel and Secretary
Total Annual Compensation: $544.0K
Chief Accounting Officer and Controller
Total Annual Compensation: $476.0K
Compensation as of Fiscal Year 2014.

media general inc (MEG) Key Developments

Media General, Inc. Appoints Julio Marenghi as Chief Revenue Officer - Broadcast Operations

Media General, Inc. announced that veteran sales leader Julio Marenghi has been appointed Chief Revenue Officer - Broadcast Operations. Mr. Marenghi is an accomplished broadcast and cable executive with more than 30 years of experience managing large-scale sales organizations, developing and executing revenue growth strategies and expanding market share for some of the nation's broadcast groups. Mr. Marenghi formerly served as President, Ad Sales for Tribune Broadcasting, where he led local, national and digital sales operations and created solution for programmatic buying through the Magna Consortium. He was promoted to President of Sales after serving as President of WGN America, Tribune Broadcasting's national cable, satellite and telco network. Currently, he serves on the Board of Directors for the Perkins School for the Blind. In his new role, effective immediately, Mr. Marenghi will be responsible for the development and execution of all advertising sales plans for Media General's 71 television stations in 48 U.S. markets. In addition, he will oversee the local sales teams and national rep firms and launch marketing solutions that deliver results for advertisers and achieve the company's revenue objectives. Mr. Marenghi will work closely with Jamie Elden, Media General's Chief Revenue Officer for its digital business, to deliver innovative advertising solutions that are connected across all screens. He will be based out of the company's New York, NY office and report directly to Deb McDermott, Senior Vice President and Chief Operating Officer.

Media General Unable To Identify Opportunities For Acquisitions

Vincent Sadusky, President and Chief Executive Officer of Media General, Inc. (NYSE:MEG) said that the company had planned to use the WJAR-TV sale proceeds to acquire one or more television stations, but the company was unable to identify opportunities that met its acquisition standards.

Media General, Inc., Annual General Meeting, Apr 23, 2015

Media General, Inc., Annual General Meeting, Apr 23, 2015., at 11:00 Central Standard Time. Location: the offices of WKRN-TV, 441 Murfreesboro Road. Agenda: To elect a board of directors; to approve the company's amended and restated long-term incentive plan; to approve the company’s employee stock purchase plan; to hold an advisory vote on executive compensation; and to act upon such other matters as properly may come before the meeting.


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MEG Competitors

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Company Last Change
Entercom Communications Corp $12.89 USD -0.07
Gray Television Inc $13.76 USD -0.16
Meredith Corp $53.90 USD -0.78
Nexstar Broadcasting Group Inc $58.83 USD +0.20
EW Scripps Co/The $23.52 USD +0.18
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Industry Analysis


Industry Average

Valuation MEG Industry Range
Price/Earnings 28.9x
Price/Sales 2.4x
Price/Book 1.5x
Price/Cash Flow 15.5x
TEV/Sales NM Not Meaningful

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