TV News Check :: Media General CEO Marshall Morton: “With this transaction, we complete the transformation of Media General’s business model to one focused on broadcast television and digital media. We believe our future prospects are strong, based on operating 18 top-ranked local television stations in growing and important markets, mostly in the Southeast.” The company has revised its political ad revenue estimate for 2012 upward to $57 million-$58 million.
A report by Staff, www.tvnewscheck.com
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