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Media General said it would buy LIN Media for $1.6 billion to create a broadcaster reaching nearly a quarter of U.S. households with a television.

Dwindling advertising revenue and audience numbers have pushed broadcasters to acquire TV stations that have multiple revenue streams, including retransmission fees from cable operators that pay to carry channels.

Media General Chairman Stewart Bryan said the deal would create the second-largest pure-play U.S. TV broadcaster. Tribune ecame the largest after it bought Local TV Holdings for $2.73 billion last June.

Other large recent deals include Gannett buying Belo for $1.5 billion and Sinclair Broadcast buying eight TV stations from the Allbritton family for $985 million.

LIN shareholders will get $27.82 per share in stock and cash, based on Media General's trailing 20-day average price. At that price, the offer represents a premium of 29.5 percent to Lin's Thursday closing.

Shares of Media General, in which Warren Buffett's Berkshire Hathaway held a stake of about 5 percent as of December, jumped 12.5 percent to $19.51 in early trading.

Media General exited the newspaper business in 2012, selling most of its newspapers to Berkshire Hathaway for $142 million.

LIN Media, which owns or operates 43 TV stations and seven digital channels in 23 markets across the country, was founded in 1961. Its initials stand for Louisville, Indianapolis and Nashville, the cities where it originally owned radio stations.

The company's profit has missed analysts' average forecast for the last three quarters.

Bryan will remain chairman of the combined company, while LIN Media Chief Executive Vincent Sadusky will be the CEO.

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Media General to buy LIN Media for $1.6B

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(CBS) For months, the city of Chicago let hundreds of calls about possible inhumane treatment of pets languish in the files and then managed to clear nearly every one in short order.

WBBMs Steve Miller continues his series about Chicago Animal Care and Control. This is the fourth part.

Records obtained by WBBM show the city had a huge backlog of calls about possible mistreatment of animals. There was a backlog until February, that is, when WBBM started asking questions.

For instance, in December of last year just three months ago the city got 554 calls about inhumane treatment of animals.

Thats 58 percent higher than the previous December.

And as it happened, WBBM is told, a lot of employees at Animal Care and Control were on vacation during the holidays.

So, the backlog grew.

Then in January and February, Animal Care and Control Spokesman Brad Powers says, officials made a big push to close those old cases, closing roughly 26 a day.

More:
Animal Control Clears Hundreds Of Cases After Media Inquiry Into Backlog

Next-generation, plug-in-free media playback support is the keystone of Firefox 28 for desktops and Android. Meanwhile, it's a hard day for the 1,000 or so people using Firefox in Windows Metro.

Firefox 28 debuts with an emphasis on under-the-hood improvements to keep the browser in line with the latest plug-in-free media playback tools.

VP9 decoding and Opus support in WebM keeps Firefox current with the royalty-free codecs that power media playback in HTML5.

They're not exactly another nail in the coffin for Flash, since Firefox already offers broad HTML5 media playback support, but they do signal that plug-in-free codecs are maturing into broad usability.

Firefox 28 for desktops also gets a new volume control for HTML5 audio and video, and Mac OS X users get Notification Center support for Web notifications.

Unfortunately for Windows 8 users, Mozilla decided to mothball the Windows Metro mode for Firefox just before this update. Mozilla cited the incredibly low daily usage figure of only around 1,000 people per day as the reason behind the decision.

Firefox 28 for Android sees more of the same, with VP9 decoding, WebM with Opus, and HTML5 audio/video controls. It also received some interface tweaks, including an option to toggle the automatically disappearing "Awesomebar;" more quick share buttons, automatic predictive search in the Awesomebar; and adjustments to the text selection, copy, and cut options to make them feel more native to Android.

Full release notes for Firefox 28 for desktops and Firefox 28 for Android are available.

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Firefox 28 aims for easier media playback

YANGON, March 18 (Bernama) -- Myanmar is seeking to transform its state-run media into a public service media in a bid to narrow the knowledge gap among the people.

Minister of Information U Aung Kyi said a bill had been submitted to the parliament's Lower House for approval, Xinhua news agency reported citing local press.

"The bill was drafted with the help of UNESCO to enable it to be in conformity with the principles of diversity of media pluralism," U Aung Kyi told the parliament Monday.

Out of Myanmar's literate population of 49 million, 43 million residents in rural areas cannot afford to subscribe to newspapers.

"If the parliament approves the public service media bill, there will be media pluralism with public service media, state-owned media, joint-venture media, non-profit media and ethnic and community-owned media in the country," Kyi said.

Myanmar's state English version daily newspaper -- The New Light of Myanmar under the ministry -- will be operated under a joint venture with local privately-owned Global Direct Link Company.

The government started media reform in June 2011 and in August 2012, domestic media publication control was fully liberalised.

In December 2012, Myanmar announced free publication of private daily newspapers and dissolved its Press Scrutiny and Registration Division.

Since then, 31 private daily newspapers had been granted license for publication, of which 24 are Myanmar-language papers and two in English.

--BERNAMA

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Myanmar Seeks To Transform State Media Into Public Service Media

Xbox One Media Remote Unboxing
I unbox the Xbox One remote, the all-in-one media control system. Retails at at $23.99 at Best Buy. Looking for a remote that can control all of the devices ...

By: vivalagomez

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Xbox One Media Remote Unboxing - Video