Company Description (as filed with the SEC)
Our business segments are based on the organizational structure used by management for making operating and investment decisions and for assessing performance. Our reportable business segments are: (i) broadcasting; (ii) publishing; and (iii) corporate. Our broadcasting segment consists of 34 radio stations and 15 television stations in 12 states. The television stations include WACY-TV in Appleton, Wisconsin that we purchased on October 22, 2012 and was previously operated under a local marketing agreement (LMA) and WTVF-TV in Nashville, Tennessee that we purchased on December 6, 2012. Results from our digital media assets are included in our broadcasting and publishing segments. Our publishing segment consists of the Milwaukee Journal Sentinel, which serves as the only major daily newspaper for the Milwaukee metropolitan area, and several community publications - primarily in southeastern Wisconsin - as well as print facilities in Milwaukee and Waupaca, Wisconsin. ... More ...