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Media General revenue up on Olympics, elections advertising
October 17, 2012 / 12:21 PM / in 5 years

Media General revenue up on Olympics, elections advertising

Oct 17 (Reuters) - Broadcaster Media General Inc reported a 40 percent rise in revenue helped by higher advertising income due to the U.S. elections and the summer Olympics.

Revenue for the third-quarter rose to $93.8 million from $66.1 million a year earlier.

Loss from continuing operations widened to $18.4 million, or 81 cents per share, in the third quarter, from $11.9 million, or 53 cents per share, a year earlier.

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