Media General Completes Merger with Young Broadcasting

Media General Completes Merger with Young Broadcasting

RICHMOND, Va., Nov. 12, 2013 /PRNewswire/ -- Media General, Inc. (NYSE: MEG) today closed on its business combination with New Young Broadcasting Holding Co., Inc.

"All of us at Media General are extremely excited to complete our business combination with Young Broadcasting. We anticipate a quick and smooth integration of two companies with similar cultures and values. We are ready to capitalize immediately on our new, combined strength," said George L. Mahoney, president and chief executive officer of Media General.

The portfolio of owned or operated stations for the new company includes:




DMA Rank Network Affiliation
Market Station
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San Francisco-Oakland-San
Jose, CA 6 KRON MNT

Tampa-St. Petersburg-
Sarasota, FL 14 WFLA NBC

Raleigh-Durham, NC 24 WNCN NBC

Nashville, TN 29 WKRN ABC

Columbus, OH 32 WCMH NBC

Greenville-Spartanburg, SC-
Asheville, NC 37 WSPA CBS

Greenville-Spartanburg, SC-
Asheville, NC 37 WYCW CW

Birmingham, AL 44 WVTM NBC

Providence, RI 53 WJAR NBC

Richmond-Petersburg, VA 57 WRIC ABC

Albany-Schenectady-Troy, NY 58 WTEN ABC

Albany-Schenectady-Troy, NY 58 WXXA FOX

Mobile, AL-Pensacola, FL 59 WKRG CBS

Knoxville, TN 61 WATE ABC

Roanoke-Lynchburg, VA 66 WSLS NBC

Green Bay-Appleton, WI 70 WBAY ABC

Savannah, GA 92 WSAV NBC

Jackson, MS 94 WJTV CBS

Charleston, SC 95 WCBD NBC

Johnson City, TN 97 WJHL CBS

Greenville-New Bern, NC 99 WNCT CBS

Davenport, IA-Rock Island-
Moline, IL 100 KWQC NBC

Myrtle Beach-Florence, SC 102 WBTW CBS

Sioux Falls, SD 111 KELO CBS

Augusta, GA 112 WJBF ABC

Lansing, MI 115 WLNS CBS

Lansing, MI 115 WLAJ ABC

Lafayette, LA 122 KLFY CBS

Columbus, GA 126 WRBL CBS

Hattiesburg-Laurel, MS 167 WHLT CBS

Rapid City, SD 173 KCLO CBS


Media General will continue to be traded on the New York Stock Exchange under its existing symbol MEG. The merged company will retain the Media General name and will remain headquartered in Richmond, VA.

About Media General
Media General, Inc. is a leading local television broadcasting and digital media company, providing top-rated news, information and entertainment in strong markets across the U.S. The company owns or operates 31 network-affiliated broadcast television stations and their associated digital media and mobile platforms, in 28 markets. These stations reach 16.5 million, or 14%, of U.S. TV households. Their network affiliations include CBS (12), NBC (9), ABC (7), Fox (1), MyNetwork TV (1) and CW (1). Sixteen of the 31 stations are located in the top 75 designated market areas. Media General first entered the local television business in 1955 when it launched WFLA in Tampa, Florida as an NBC affiliate. The company subsequently expanded its station portfolio through acquisition. In November of 2013, Media General and Young Broadcasting merged, combining Media General's 18 stations and Young's 13 stations into the 31-member group that exists today. Five of the stations have been on the air since 1949: WCMH in Columbus, Ohio; WVTM in Birmingham, Alabama; WJAR in Providence, Rhode, Island; KWQC in Davenport, Iowa; and KRON in San Francisco.

Contact Media General
Media General maintains extensive company information on its website www.mediageneral.com. The company's media and investor contact is Lou Anne J. Nabhan, Vice President-Corporate Communications, lnabhan@mediageneral.com or 804-887-5120.

SOURCE Media General, Inc.

Media General, Inc.

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


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