J. Stewart Bryan III became president, chairman and chief executive officer of Media General, Inc.

Sold Highlander Publications and Golden West Publishing.

Acquired Sunbelt Newspapers, Inc.

1991

Sold Cliggott Publishing and Technical Information Distribution Systems.


Printing facilities in Hanover, Va.


On June 1, 1992, the Richmond Times-Dispatch and The Richmond News Leader merged into a single morning publication under the Times-Dispatch name, and printing operations were moved from downtown to a state-of-the-art printing facility in Hanover, Va., just outside Richmond.

1994

In May, Media General sold its 40 percent interest in Garden State Newspapers, Inc. to its majority shareholders.

In August, The Tampa Tribune launched a new Internet online service, Tampa Bay Online.

In September, Media General acquired 40 percent interest in common stock of Denver Newspapers, Inc., publisher of the Denver Post.

1995

The company sold its 49 percent interest in Mexican newsprint subsidiary.

On Oct. 26, the company acquired four daily and Sunday newspapers for $230 million from Worrell Enterprises. Papers included the Culpeper Star-Exponent in Culpeper, Va.; The News & Advance in Lynchburg, Va.; The Daily Progress in Charlottesville, Va.; the Suffolk News-Herald in Suffolk, Va.; plus 20 weeklies and monthlies.

Also on Oct. 26, the Richmond Times-Dispatch launched a new online service, Gateway Virginia.

1996

Acquired in March the Danville Register & Bee in Danville, Va.

In May, Media General Broadcast Group acquired Professional Communications Systems.

In January, acquired Park Communications, which included the following newspapers and TV stations: The News Herald in Morganton, N.C.; The Independent Tribune in Kannapolis, N.C.; The Daily News in Eden, N.C.; The McDowell News in Marion, N.C.; the Statesville Record & Landmark in Statesville, N.C.; The News Virginian in Waynesboro, Va.; The Journal Messenger in Manassas, Va.; WIAT in Birmingham, Ala.; WSLS in Roanoke, Va.; WTVQ in Lexington, Ky.; WDEF in Chattanooga, Tenn.; WJHL in Johnson City, Tenn.; WNCT in Greenville, N.C.; KALB in Alexandria, La; WUTR in Utica, N.Y.; and WTVR in Richmond, Va.

In February, acquired the Potomac News in Woodbridge, Va.

In April, acquired The Reidsville Review in Reidsville, N.C., and The Messenger in Madison, N.C.

In May, D. Tennant Bryan retired after an incredible 69 years of service to The News Leader, the Richmond Times-Dispatch, Richmond Newspapers, and Media General.

In July, Media General sold WUTR-TV in Utica, N.Y.

In August, Media General completed a trade of Richmond station WTVR for WSAV in Savannah, Ga., WJTV in Jackson, Miss., and WHLT in Hattiesburg, Miss.

In May, Media General completed construction and occupied a new corporate headquarters in Richmond, Va.

Acquired, in January, the Bristol Herald Courier in Bristol, Va.; and in June, the Hickory Daily Record in Hickory, N.C.

In October, Media General sold substantially all of the operating assets of its wholly owned subsidiary Beacon Press, Inc., to Cadmus Graphics Solutions, Inc., a unit of Cadmus Communications Corp.

On Dec. 9, at the age of 92, D. Tennant Bryan passed away.

1999

In October, Media General completed the sale of its cable television operations to Cox Communications, Inc. for $1.4 billion.

In December, the Richmond Times-Dispatch opened a new downtown office building.

 

In March, Media General opened its Tampa News Center, bringing the newsrooms of WFLA, The Tampa Tribune and TBO.com together in the nation's most advanced laboratory for media convergence.

In March, Media General acquired 13 television stations from Spartan Communications for $605 million. The stations included: WKRG in Mobile, Ala; WMBB in Panama City, Fla.; WJBF in Augusta, Ga.; WRBL in Columbus, Ga.; WNEG in Toccoa, Ga.; KIMT in Mason City, Iowa; KBSD in Dodge City, Kan.; KBSL in Goodland, Kan.; KBSH in Hays, Kan.; KWCH in Wichita, Kan.; WASV in Anderson, S.C.; WBTW in Florence, S.C.; and WSPA in Spartanburg, S.C.

In August, Media General acquired The Dothan Eagle, the Opelika-Auburn News, The (Florence) Morning News plus several other daily and weekly newspapers in Alabama, South Carolina and Florida. The company purchased these properties from Thomson Corp. for $237 million.

In August, Media General sold Garden State Paper Co. to Enron.

2001

In January, Media General launched its Interactive Media Division, the cornerstone of the company's efforts to fully integrate Internet technologies into its corporate strategies. The new division builds upon the strengths of the company's newspapers, television stations and financial databases to create profitable online enterprises.

On Sept. 19, Media General's stock moved to the New York Stock Exchange under a new ticker symbol: MEG.

In October, Media General relocated its Broadcast Division to Richmond from Tampa.

In December, Media General opened a completely renovated building at 111 N. Fourth St. to house the headquarters of its Broadcast Division and its Interactive Media Division.

2002

Media General adopted the four cornerstones of newspaper readership, as identified by the Newspaper Association of America and Northwestern University: Content, Service, Brand and Culture. All Media General newspapers implemented readership action plans based on the imperatives. Circulation increased immediately at most of the company's newspapers, and total Sunday circulation topped 1 million.

The Interactive Media Division acquired Boxerjam, a producer of game shows and puzzles. Media General relaunched Boxerjam, and it is generating revenues through advertising, licensing, pay-to-play and subscriptions.

This was the first full year of operation of the Broadcast Division's new Central Traffic Operation in Tampa. The new system enables all Media General television stations to more effectively manage and price spot inventory, and the division far outpaced the industry in revenue growth for the year.

By year's end, Media General had implemented convergence in five more markets, including Central and Southwest Virginia, South Carolina, the Florida Panhandle-Southern Alabama, and the Alabama-Georgia state line.

 

2003

Audit Bureau of Circulation data for the six months ended March 31 showed The Tampa Tribune as the nation's fastest growing large-circulation newspaper in Sunday circulation and the third fastest in daily circulation. Three other Media General dailies were the fastest growing newspapers in the states of Virginia, North Carolina and Florida.

On June 2, the Federal Communications Commission relaxed its newspaper-broadcast cross-ownership rule, which opens new opportunities for convergence in the Southeast.

On January 27, J. Stewart Bryan III, chairman and chief executive officer of Media General, announced that the Board of Directors had unanimously approved a management succession plan. Effective July 1, Mr. Bryan stepped down as chief executive officer and will remain chairman of the board. Marshall N. Morton, who had been vice chairman and chief financial officer, became president and chief executive officer. Reid Ashe continues to serve as chief operating officer and also became executive vice president. John A. Schauss, who has been the company’s treasurer, assumed the additional responsibilities of vice president-finance and chief financial officer. Mr. Bryan said these changes would ensure continued strong, experienced and effective leadership at Media General in the years ahead.

On July 18, Media General acquired Blockdot, Inc., a Dallas-based advergaming and game development firm known for successful product innovation and services for many Fortune 500 companies. Blockdot was founded in 2001 and pioneered advergaming, which is the use of interactive games to deliver advertising messages to develop brand awareness and drive traffic to consumer-oriented Web sites. Blockdot also operates a network of casual game sites, including its flagship site, Kewlbox.com.

2006

On June 26, Media General completed the purchase of four NBC stations from NBC Universal. The stations and their Designated Market Areas (DMAs) are: WNCN in Raleigh, N.C., #29; WCMH in Columbus, Ohio, #32; WVTM in Birmingham, Ala., #40; and WJAR in Providence, R.I., #51. All four stations are ranked among the top three in their respective markets. The cash transaction cost approximately $600 million. The net transaction value, reduced by the present value of the expected tax savings, was approximately $450 million.

On September 25, Media General and Schurz Communications, Inc. announce the completion of Schurz’s purchase of Media General’s CBS television station KWCH in Wichita, Kan., including satellite stations KBSD in Dodge City, Kan., KBSH in Hays, Kan., and KBSL in Goodland, Kan. The final sales price was approximately $75 million, including working capital.

On October 11, Media General and New Vision Television, LLC, announce the completion of New Vision’s purchase of Media General’s CBS television stations WIAT in Birmingham, Ala., and KIMT in Mason City, Iowa. The final sales price for both stations was approximately $37 million, including working capital.

On October 13, Media General and Morris Multimedia, Inc., announce the completion of Morris Multimedia’s purchase of Media General’s CBS television station WDEF in Chattanooga, Tenn. The final sales price was approximately $23 million, including working capital.  Gross proceeds from all four divestitures were approximately $135 million, including working capital. Net after-tax proceeds of approximately $125 million were used for debt repayment.