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Media General Furthers Furloughs

Ad slump forces greater cost cutting

By Michael Malone -- Broadcasting & Cable, 9/18/2009 10:16:28 AM

The new round of unpaid days brings the total to 15 for Media General employees in 2009. The company brought broadcast expenses down 20% in the second quarter, compared to the same quarter a year ago, thanks in part to the furloughs.
A Media General spokesperson confirmed the Times-Dispatch report.
The Richmond-based company owns 21 daily newspapers and 18 television stations, mostly in the southeast.

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