Media General Completes Newspaper Acquisition

Posted on June 30, 1998

Media General announced the completion of the acquisition of the Hickory Daily Record (N.C.). The Hickory Daily Record has a circulation of approximately 19,000 both daily and Sunday and further augments Media General's presence in northwestern North Carolina where the company already owns daily and weekly newspapers with 159,000 daily and 160,000 weekly circulation.

Robert E. MacPherson will serve as interim publisher at Hickory, the company said. MacPherson currently is vice president and business manager of the Virginia-Western Region of Media General's publishing division.

"The Hickory Daily Record will complement our other northwestern North Carolina publications," said J. Stewart Bryan III, chairman and chief executive officer of Media General. "The newspaper serves a market that is growing. It also fits nicely with our concept of clustering our daily and weekly newspapers, to provide improved and expanded regional news products for readers and advertisers alike," Bryan said.



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