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MEDIA GENERAL REPORTS RESULTS

 RICHMOND, Va., July 12 /PRNewswire/ -- Media General (AMEX: MEG) today reported 1993 second quarter net income of $8.1 million, or 31 cents per share, compared with second quarter 1992 net income of $6.3 million, or 24 cents per share.
 Second quarter 1993 revenues were $152.6 million compared with revenues of $147.1 million for the year earlier period.
 Net income for the first six months of 1993 was $11.6 million, or 44 cents per share, vs. net income of $9.6 million, or 37 cents per share for the first half of 1992.
 Revenues for the first six months of 1993 were $296.8 million, vs. first half 1992 revenues of $288.8 million.
 Media General said operating income at its broadcast and cable television units and newsprint operations improved from the year-earlier quarter, but newspaper division operating income declined, primarily the result of higher year-to-year depreciation charges.
 Quarters Ended Six Months Ended
 6/27/93 6/28/92 6/27/93 6/28/92
 Revenues $152,583,000 $147,093,000 $296,773,000 $288,760,000
 Net income $8,144,000 $6,279,000 $11,553,000 $9,616,000
 Earnings per
 common share
 & equivalents 31 cents 24 cents 44 cents 37 cents
 Weighted average
 common shares &
 equivalents 26,097,000 26,052,000 26,101,000 26,053,000
 -0- 7/12/93
 /CONTACT: Robert W. Pendergast of Media General, 804-649-6657/
 (MEG)


CO: Media General ST: Virginia IN: PAP PUB SU: ERN

DC-PB -- DC008 -- 0293 07/12/93 09:43 EDT
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Publication:PR Newswire
Date:Jul 12, 1993
Words:258
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