Media General Issues Statement on U.S. Supreme Court Action

Media General Issues Statement on U.S. Supreme Court Action

RICHMOND, Va., June 13 /PRNewswire-FirstCall/ -- J. Stewart Bryan III, chairman and chief executive of Media General, Inc., (NYSE:MEG), today issued the following statement:

"Media General is disappointed that the U.S. Supreme Court declined to review the important constitutional issues related to the new newspaper/broadcast cross-ownership rules crafted by the Federal Communications Commission (FCC) and rejected by the Third Circuit in a split decision. We believe the Court could have provided helpful guidance and necessary direction to the Commission and the lower courts.

"We look forward to prompt remand proceedings at the FCC so this matter can move forward. We strongly believe that consumers in markets of all sizes are better served by the higher quality local news and content achievable through common ownership of newspapers and broadcast television stations.

"Media General's request for waivers to the FCC to retain cross-owned stations in four markets is not affected. We are hopeful that these waivers will be granted soon since they are in the best interests of the communities we serve."

About Media General

Media General is a diversified communications company operating leading newspapers, television stations and online enterprises, primarily in the Southeastern United States. The company's publishing assets include three metropolitan newspapers, The Tampa Tribune, the Richmond Times-Dispatch, and the Winston-Salem Journal; 22 daily community newspapers in Virginia, North Carolina, Florida, Alabama and South Carolina; and more than 100 weekly newspapers and other publications. The company's broadcasting assets include 26 network-affiliated television stations that reach more than 30 percent of the television households in the Southeast and nearly 8 percent of those in the United States. The company's interactive media assets include more than 50 online enterprises that are associated with its newspapers and television stations. Media General also owns a 33 percent interest in SP Newsprint Company.

Source: Media General, Inc.

CONTACT: Investors: Lou Anne J. Nabhan, +1-804-649-6103, or Media: Ray
Kozakewicz, +1-804-649-6748, both of Media General, Inc.

Web site: http://www.mediageneral.com/

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