The decrease to $115.2 million is due to a $19.9 million decrease in political advertising revenue, slightly offset by a $3.1 million increase in retransmission revenues.
The rise is attributed to $4.8 million in higher retransmission revenues, partly offset by a $3.4 million decrease in political advertising revenue.
On Feb. 23, Graham Holdings Co. reported third quarter earnings that included revenue from its television broadcasting division, Graham Media Group, of $130 million, an increase of 28% from $101.3 million in the same quarter of 2017. That increase was tagged to a $20.7 million increase in political advertising revenue and a $10.2 million increase in retransmission revenues. Operating […]
Excluding revenue from two stations acquired on Jan. 17, revenue declined 4% due to a $15.3 million decrease in political ad revenue and lower network revenue, partially offset by $5.9 million in higher retransmission revenues and an increase in ad revenue in several key sectors.
The company’s stations in Texas and Florida ran extensive commercial-free coverage of Hurricanes Harvey and Irma that adversely impacted revenues by an estimated $2.1 million and resulted in $600,000 in additional expenses during the quarter.
The increase to $106 million comes primarily from higher retransmission consent money.
The increase to $112.4 million comes primarily from an increase in retrans money as well as Summer Olympics and political ad money.
The increase to $96.5 million comes primarily from an increase in retrans money by $5.3 million.
The increase to $92 million comes primarily from higher political ad revenue and more retrans money.
The drop to $95.2 million is pegged to lower political money that couldn’t be offset by increased retrans revenue. For all of 2015, TV revenue was down 1%.
Timothy O’Shaughnessy succeeds Donald E. Graham, who has been chairman and chief executive officer since 1991. Graham, 70, will remain chairman of the board of directors.
The gain to $89.7 million is pegged to higher retransmission consent revenue plus increased ad sales, including automotive.
Graham Holdings Co. today declared a regular quarterly dividend of $1.15 per share, payable on Nov. 6 to shareholders of record on Oct. 19.
The gain is pegged to higher retransmission consent revenue minus lower political advertising money..
Hispanic media company Univision Communications has acquired The Root, a top online destination for African-American news and commentary, in a bid to expand its reach to a new audience.
The boost to $87.4 million is driven by political advertising dollars and increased retransmission consent revenue.
When Donald E. Graham announced a year ago that he was selling The Washington Post to Jeff Bezos for $250 million, it was unclear what Graham, one of journalism’s most revered executives, would do next. He has remained immersed in his business enterprise, the newly named Graham Holdings, a consortium mostly comprising education, television and cable businesses.
The decrease at the Post-Newsweek Stations comes from lower political advertising revenue, a lack of summer Olympics-related advertising at the Company’s NBC affiliates that weren’t offset by increased retrans revenue.