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Salaries hold steady for Media General execs
Despite losing $632 million in 2008 and asking salaried employees to take two weeks off, it still pays to be a head honcho at Richmond-based Media General. Chief executive Marshall Morton received $2.76 million
Read More »So long, inRich.com
Media General’s fling with the inRich.com domain name is coming to an end. The company plans to phase out inRich.com and re-brand Richmond.com with a similar format, according to information Media General provides to
Read More »Media General cuts two North Carolina papers to two days a week
Media General is slashing certain publishing businesses as advertising revenue plummets. The company, which owns the Richmond Times-Dispatch, revealed this week they will cut publication of two North Carolina newspapers from five to only
Read More »The price tag of a helping hand
Fallout from the slump in corporate earnings could hit local nonprofits hard. On Monday we reported on how the economic crisis portends a rough patch for charities that rely on donations. I looked up
Read More »The Times-Dispatch’s Trifecta of Confusion
The whole user generation thing isn’t a great business plan for a newspaper company when users can slam your new product on the day of its launch. Yesterday Media General split the Times-Dispatch.com from
Read More »Wall Street to Broad Street
When Wall Street institutions falter, Richmond feels the tremors. But the details of how all this will play out locally are anyone’s guess. Pat Fishe, a professor of finance at the University of Richmond’s
Read More »Media General CEO predicts mergers
Media General CEO Marshall Morton says major American newspapers will have to join forces in order to stay alive. “There’s got to be some assimilation, I would guess that rather than bankruptcies, you’d see
Read More »T-D looks in the mirror
Newspapers have a hard time covering themselves. On Sunday the T-D looked inward. John Reid Blackwell, wrote about the mighty struggles at the paper’s parent, Media General. “In the past two decades, the company’s
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