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Media General sells two TV stations

Discussion in 'Journalism topics only' started by Moderator1, Jul 16, 2008.

  1. Moderator1

    Moderator1 Moderator Staff Member

    I have no clue what this means on the business side of things, given MG's latest stock numbers.

  2. Sam Mills 51

    Sam Mills 51 Active Member

    It's simply to use the sales to pay off some debt. If I recall correctly, Moddy, MG doesn't own print publications in either market. Therefore, no "convergence," no "clustering" and no way to save a few pennies.
  3. WS

    WS Member

    My Media General shop is renovating the breakroom. I'm so proud.
  4. dixiehack

    dixiehack Well-Known Member

    WMBB in Panama City was allegedly clustered with the Jackson County Floridan (6500 subscribers strong baby!) 45 minutes up the road. I think they built a small studio in the newsroom after I left so the bureau reporter could do her 30 second piece on the inland Panhandle meth bust of the day, but I doubt anything more ever came of it.
  5. Moondoggy

    Moondoggy Member

    Hyperlocal, baby!
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