Schedule I - Condensed Financial Information of the Registrant

12 Months Ended

Dec. 31, 2014

Condensed Financial Information of Parent Company Only Disclosure [Abstract]

Condensed Financial Information of Parent Company Only Disclosure [Text Block]

Schedule I – Condensed Financial Information of the Registrant*

Media General, Inc.        

Condensed Balance Sheet        

(In thousands)        

	December 31, 2014
ASSETS
Cash and cash equivalents	$	2,388
Advances to and investment in consolidated subsidiaries		1,496,760
Total assets	$	1,499,148
LIABILITIES AND STOCKHOLDERS' EQUITY
Liabilities	$	-
Total liabilities		-
Stockholders' equity:
Preferred stock (no par value):
authorized 50,000,000 shares; none outstanding		-
Common stock (no par value):
Voting common stock, authorized 400,000,000 shares; issued 129,931,812		1,321,011
Non-voting common stock, authorized 400,000,000 shares; none outstanding		-
Accumulated other comprehensive loss		(36,445	)
Retained earnings		214,582
Total stockholders' equity		1,499,148
Total liabilities and stockholders' equity	$	1,499,148

Media General, Inc.

Condensed Statement of Comprehensive Income

(in thousands)

	Year Ended December 31, 2014
Net revenues	$	-
Operating expenses		-
Operating income		-
Other income (expense):
Intercompany income and expenses		(3	)
Total other income (expense), net		(3	)
Loss before taxes and equity in income (loss) from operations of consolidated subsidiaries		(3	)
(Benefit from) provision for income taxes		-
Net loss from continuing operations		(3	)
Equity in income (loss) from operations of consolidated subsidiaries		53,509
Net income attributable to Media General		53,506
Other comprehensive loss, net of tax		(42,113	)
Total comprehensive income attributable to Media General	$	11,393
Net earnings per common share (basic)	$	0.59
Net earnings per common share (diluted)	$	0.58

Media General, Inc.             

Condensed Statement of Cash Flows             

	Year Ended
(In thousands)	December 31,
	2014
Cash flows from operating activities:
Net cash provided by operating activities	$	250
Cash flows from investing activities:
Cash and cash equivalent acquired in merger transaction		2,138
Net cash provided by investing activities		2,138
Cash flows from financing activities		-
Net cash provided by financing activities		-
Net increase in cash and cash equivalents		2,388
Cash and cash equivalents at beginning of year		-
Cash and cash equivalents at end of year	$	2,388