LIN Media

LIN Media, LLC
Company type	Public
Traded as	NYSE: LIN
Industry	Broadcast television; Television production;
Predecessor	LIN Broadcasting; LIN TV Corporation; New Vision Television;
Founded	1994
Defunct	December 19, 2014
Fate	Merged with Media General
Successor	Media General; Nexstar Media Group;
Headquarters	Providence, Rhode Island; Austin, Texas
Area served	United States (Nationwide)
Key people	Vincent L. Sadusky (CEO)
Products	Broadcast television
Revenue	$443.5 million USD
Operating income	$247.44 million USD
Net income	$274.5 million USD
Owner	HM Capital Partners (70%)
Number of employees	2,414 (full-time)
Subsidiaries	LIN Digital; Station Venture Holdings (20.38%);

LIN Media was an American holding company founded in 1994 that operated 43 television stations. All except one were affiliates of the six major U.S. television networks. One of the remaining stations was a low powered weather station in Indiana.

LIN Media's chief executive officer was Vincent L. Sadusky. Sadusky had been LIN's chief financial officer, Vice President and treasurer since 2004, and had been CFO for Telemundo, working closely on its sale to GE/NBC. Sadusky had been interim CEO since former chairman Gary R. Chapman announced his impending retirement in June 2006, and through the company's search for a permanent replacement. He was installed as CEO upon Chapman's retirement on July 10, 2006.

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.