We are a broadcast company primarily engaged in acquiring, developing and
operating broadcast properties. As of February 28, 2014, we owned and/or
operated four television stations and four low-power television stations serving
two markets, five radio information networks, and sixty-two FM and thirty AM
radio stations serving twenty-three markets, including Bellingham, Washington;
Columbus, Ohio; Norfolk, Virginia; Milwaukee, Wisconsin; Manchester, New
Hampshire; Des Moines, Iowa; and Joplin, Missouri.