Pros
They own several large media outlets. With that you can get good experience in the business. They are often looking for new talent, and for someone young this can be a path into the industry, if trial by fire. They are one of the big players in media, and merging with General Media means a certain level of stability in a troubled market.
Cons
Risk averse in decisions about modern media. They tend to be quite disconnected from their staff. General thoughts among most workers are that they are anti-union, and generally anti-worker, while continually pushing out good talent in order to save money for the bottom line.
Sales staff tends to fare better, IF they can perform.