Media General earnings tripled in Q3

24 Oct 2008

Media General saw earnings nearly triple in Q3 to $6.2 million from $2.5 million in the same period of the previous year, presumably due to the politics-Olympics combo and job cuts and belt tightening that saved the company 10 percent.

Media General’s broadcast profits rose 24.5 percent to $17.7 million while online reve

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Brian Blum

Brian Blum covers the U.S., Canada and Israel for Classified Intelligence Report, and contributes to our special reports and research projects. Originally from San Francisco and now based in Jerusalem, he has been with the AIM Group since 2004. He is the president of Blum Interactive Media, specializing in writing and multimedia content development for online, print, video and audio. His clients include newspapers, universities and non-profits. He is currently working on a book about the billion-dollar bankruptcy of a once high-flying Israeli startup.