Stocks / NYSE / Media General, Inc.

Media General, Inc.

Company Description

Media General, Inc., formerly Mercury New Holdco, Inc., is a connected-screen multimedia company. The Company provides news, information and entertainment. The Company’s operating segments include Broadcast and Digital. Its Broadcast segment includes over 70 television stations that are either owned, operated or serviced by the Company in approximately 48 United States markets, all of which are engaged principally in the sale of television advertising. On January 11, 2017, the FCC approved the sale of Media General to Nexstar Broadcasting Group for $4.6 billion. [Source: GoogleFinance]

Company Website: http://www.mediageneral.com