As they said they would last week in the wake FCC approval, Media General and Young Broadcasting closed on their merger Tuesday. The combination creates a mega-group with 31 stations operating in 28 markets, reaching 16.5 million, or 14%, of U.S. TV households. On the pro forma basis, the merged company had 2012 revenues of $605 million.
April 16, 2024
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Editor on Duty: Mark K Miller.
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