
Media General no longer in the newspaper business
Back in June, Media General sold all but one of its newspaper assets to Berkshire Hathaway. Now the local company has found a buyer for that last paper.
It’s been a crazy year for the local media company and it will end with the exit of its president and CEO.
Two months ago, Media General sold over 60 of its newspapers. Now the company will conduct employee layoffs.
This story first appeared on RichmondBizSense.com, Richmond’s leading source for business news. Richmond-based Media General, the parent company of the Richmond Times-Dispatch, said Wednesday that it is considering selling some of its newspapers. The company said in a news release that it had been contacted by potential buyers but did not say which properties were […]