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Media General Inc.: The newspaper and broadcast...

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From Times Staff and Wire Reports

Media General Inc.: The newspaper and broadcast company reported income of $2.4 million for the first quarter, 12% less than in the year-ago period. The Richmond, Va.-based firm had $145.47 million in revenue, 2% less than last year. Media General said profits at its newspaper and television operations remain under pressure because of a sluggish advertising climate.

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