Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.

In order to comply with the amendments to NASDAQ Rule 4350(l) that were approved by the Securities and Exchange Commission on August 8, 2006, the Board of Directors of Triple Crown Media, Inc. (the "Company") on August 22, 2007, approved an amendment to Section 5.1 of the Company's By-Laws to authorize the Board of Directors to provide by resolution that some or all of the classes or series of stock of the Company be uncertificated securities. On August 22. 2007, the Board of Directors adopted a resolution that provided that shares of the Company's common stock, par value $.001 per share may be uncertificated.

Item 9.01 Financial Statements and Exhibits.

(d)

3.1 By-Laws of Triple Crown Media, Inc., as amended.

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