Media General’s Kim Now RadioShack Savior

Soohyung Kim, the hedge fund manager who led the $1.6 billion merger of Media General and LIN Media, has rescued RadioShack from liquidation and is now implementing a turnaround plan that entails reducing the the number of outlets and turning the remaining ones into electronics convenience stores.

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TV Antenna Sales Jump Amid CBS Blackout

The blackout on Time Warner Cable systems, which is affecting 3.2 million customers in New York, Los Angeles and Dallas, has created a double-digit spike in antennas in those markets at RadioShack, a spokeswoman for the electronics retailer said Monday.