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Lin Media Llc
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Linear Television (LIN) is not a publicly traded company listed on a USA stock exchange.
Linear (LIN) has been taken private by a private investment firm, Nexstar Media Group, in February 2016.
However, here's some general information about Linear Television (LIN):
Linear Television (formerly known as LIN Media) is a television broadcasting company that owns and operates television stations in the United States. The company was founded in 1996 and is based in Providence, Rhode Island. Linear Television operates stations affiliated with major networks such as ABC, NBC, CBS, and FOX, as well as MyNetworkTV and The CW.
Before being taken private, Linear Television (LIN) was listed on the New York Stock Exchange (NYSE).
In terms of financials, Linear Television (LIN) reported revenue of $136 million for the third quarter of 2015, which was flat compared to the same period in the previous year. The company's net income for the third quarter of 2015 was $33.5 million, up from $17.5 million in the same period in the previous year.
It's worth noting that the company's financials were affected by the merger with Nexstar Media Group. The acquisition resulted in deferred revenue and expenses totaling $70.8 million in the third quarter of 2015.
As for growth, Linear Television (LIN) has been expanding its digital offerings in recent years. In 2015, the company launched a digital ad platform, called "Linear On," which allows advertisers to target viewers on its stations' websites and mobile apps. The company has also been investing in its news coverage, launching investigative reporting teams and expanding its morning news programs.
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