Media General reports $62.5 million loss in 3Q

Associated Press
The Tampa Tribune and Richmond Times-Dispatch parent says a hefty write-down in the value of its assets took profits down by $84 million. Excluding special items, it says earnings would have come to $4.4 million. || From the release: Media General had 770 fewer full-time equivalent employees this year than last year.
> Milwaukee Journal Sentinel parent reports small 3Q profit

  • Jim Romenesko

    From 1999 to 2011, Jim Romenesko maintained the Romenesko page for the Poynter Institute, a Florida-based non-profit school for journalists. Poynter hired him in August of 1999, after seeing his MediaGossip.com, a hobby site he started in May of 1999.

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