LIN Media
Defunct American communications company / From Wikipedia, the free encyclopedia
Dear Wikiwand AI, let's keep it short by simply answering these key questions:
Can you list the top facts and stats about LIN Media?
Summarize this article for a 10 year old
LIN Media was an American holding company founded in 1994[1] 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.
This article needs additional citations for verification. (August 2009) |
Company type | Public |
---|---|
NYSE: LIN | |
Industry | |
Predecessor |
|
Founded | 1994; 30 years ago (1994)[1] |
Defunct | December 19, 2014; 9 years ago (2014-12-19) |
Fate | Merged with Media General |
Successor | |
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 |
$247.44 million USD | |
$274.5 million USD | |
Owner | HM Capital Partners (70%)[2] |
Number of employees | 2,414 (full-time) |
Subsidiaries |
|
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.[3]