WJAR parent reports 2011 losses

Media General Inc., the parent company of WJAR-TV NBC 10, widened its loss to $74.3 million in 2011 from a loss of $22.6 million in 2010. The loss per share totaled $3.31, more than tripling the 2010 loss per share of $1.01.

Revenue declined to $616.2 million for the year ended Dec. 25, compared with $678.1 million in 2010.

Full Story: WJAR parent reports 2011 losses Source: Providence Business News, January 30th, 2012 Author: Kimberley Donoghue