This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Media General Presenting Today At The Deutsche Bank 2013 DbAccess Media, Internet & Telecom Conference

RICHMOND, Va., March 5, 2013 /PRNewswire/ -- Media General, Inc. (NYSE: MEG), a local broadcast television and digital media company, is participating today in the Deutsche Bank 2013 dbAccess Media, Internet & Telecom Conference. George Mahoney, president and chief executive officer, and Jim Woodward, vice president-finance and chief financial officer, will present from 4:05-4:40 p.m. EST in a Q&A discussion with Deutsche Bank equity analyst Matthew Chesler and will meet with institutional investors throughout the day. The presentation will be simultaneously webcast and will be accessible via a link on the home page of Media General's website at A replay of the webcast will be available on Media General's website and through ThomsonReuters' Street Events.   Media General is confirming and expanding its previous guidance.

First Quarter 2013 Revenues

Political revenues are expected to be approximately $400,000, compared with $6.2 million in the first quarter of 2012.

Super Bowl revenues on the company's CBS stations were $1.2 million and increased by 33% compared with the last time the Super Bowl aired on CBS in 2010. In 2012, Super Bowl revenues were $2.8 million on the company's NBC stations, which are located in larger markets and which typically generate higher revenues.

Core revenues are expected to increase approximately 2% compared to the first quarter of 2012 (excluding all Political and Super Bowl revenues). Automotive advertising is expected to be even with the first quarter of 2012, with each successive month in 2013 showing greater strength. The Restaurants/Fast Food category is expected to increase in the 2013 first quarter compared to last year's first quarter. 

Retransmission revenues are expected to increase 50%. Digital Media revenues are expected to increase 15%.

1 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,970.04 +257.38 1.45%
S&P 500 2,081.64 +20.62 1.00%
NASDAQ 4,928.46 +37.2410 0.76%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs