(RTTNews) — Information and measurement services company Nielsen Holdings N.V. (NLSN: News ), which went public in January with its IPO, Thursday reported a net loss for the first quarter, hurt mostly by significant IPO related charges. Earnings were also impacted by increased cost of sales and selling overheads. Nonetheless, excluding special items, adjusted earnings […]
Total revenue for the pure-play station operator was down 2% as revenue from barter and trade advertising, network compensation, Internet advertising and retrans grew 10%.
That non-political ad increase is led by the automotive, retail and media categories and drove its Local Media Group revenue to $71 million.
Core TV ad revenue, which excludes political advertising, dropped 2% over the first quarter of 2010. Digital revenue was up 31% and now accounts for 19% of the company’s total revenue.
Growth in automotive and service time sales and an increase in retransmission revenue offset the anticipated decline in political advertising in a non-election year.
But discounting political ad money, that figure becomes a 13% increase. Local media websites turn in a 20% revenue gain.
The group owner’s net loss for the fourth quarter was $5.3 million compared to a $4.5 million net loss for the fourth quarter of 2009
SEOUL, South Korea (AP) — Samsung Electronics has suffered a sharp fall in first quarter earnings, hit by weakness in its liquid crystal display business and price competition in tablet computers. The manufacturer of the Galaxy S smartphone and Galaxy Tab tablet said Thursday operating profit for the first three months of 2011 will fall […]
AMSTERDAM (AP) — Dutch lighting and technology conglomerate Royal Philips Electronics NV has warned it expects a pretax loss of up to €120 million ($169 million) on its television business in the first quarter. Philips says it has been cutting inventory amid fierce price competition. It said in a warning Monday that “resolving this is […]
Political ad money and digital revenue, comprising Internet and retransmission consent contributions, lead the gain.
The rise to $97 million was driven by a 515% rise in political ad money plus strong retrans. E-media and local revenue contributions.
Political advertising and retransmission consent revenue are the main contributors to the boost to $33.8 million.
Nielsen Holdings, the parent of The Nielsen Company, reported a sharp decline in profit for the fourth quarter — mainly caused by retiring some debt. The new publicly traded company witnessed net income of $4 million, down from $44 million in the previous period. Nielsen took a $90 million charge for retiring debt. Without that, net income, on an adjusted basis grew nearly 9% to $99 million.
The climb to $114.6 million is powered by political ad and retransmission consent revenue increases along with improved local and Internet ad results.
Hot political races in some of its markets drove the boost to $101 million, aided by higher local and national ad revenue as well as an 18% rise in retransmission consent dollars and a 39% rise in digital revenue.
Stronger political and automotive advertising performance boosts TV station revenue to $103 million.
Cablevision Systems shed about 35,000 basic video customers in the fourth quarter, losses that are almost entirely attributed to the MSO’s high-profile retransmission consent battle with Fox Broadcasting last year.
Automotive, political and financial services advertising increases propel growth.
Comcast Corp. reported higher-than-expected quarterly earnings as it benefited from surging ad sales and signed up customers to higher-priced packages of cable, voice and broadband service. Comcast’s upbeat results — its subscriber growth was also ahead of most expectations — came during a quarter in which the company plowed resources into finishing its deal to acquire NBC Universal.
Political-issue ads and a rebounding auto market helped boost revenue from its television stations to $37.4 million.
Local revenue (including retrans) was up 19%, national rose 35%. It is reinstating quarterly dividends beginning in March.
Higher ad revenue at its ABC O&Os added to lower sports costs at ABC-TV and increased affiliate fees boost revenue to almost $1.6 billion.
Political drives a 22% boost in total spot revenue, with local up 1.2% and national up 7.1%. Internet, retrans and other revenue was up 13%