Gray Television 2Q Rev Climbs 27%
Higher advertising from station acquisitions as well as increased local, national, Internet, political and retrans money boost total to $107.2 million.
Entravision 2Q TV Revenue Climbs 9%
The total of $43.2 million gets a boost in core ad money, especially from World Cup advertising.
Dish Shows Profit, Loses Fewer Subscribers
Sinclair 2Q Revenue Up 45% To $404.2M
Excluding political, the station group reported local core broadcast revenue was up 47%, while national net broadcast revenues were up 36.3%, boosted by political.
Disney Profit Tops Analysts’ Estimates
Disney gets the bulk of its profit from its TV division. Operating income at the unit, which includes ESPN, ABC and the Disney Channel, was little changed at $2.3 billion, as sports programming costs increased. While ABC earnings increased, profit at the much larger cable operation fell 7% because of higher costs at ESPN, the sale of a U.K. unit at ESPN and the shift in the timing of some revenue.
Media General 2Q Net Revenue Up 11.8%
The increase to $154.1 million comes despite a 3.1% drop in core advertising from a year ago. The boost was driven by political, retrans and digital sales.
LIN 2Q Revenue Climbs 15% To $188.8 Million
Local revenues, which include net local advertising revenues, retransmission consent fee revenues and TV station website revenues, increased 10% to $117.3 million compared to $107.1 million in the second quarter of 2013.
Graham Media Group 2Q Revenue Rises 10%
The boost to $88.3 million is driven by political advertising dollars and increased retransmission consent revenue.
World Cup Helps DirecTV Top Estimates
DirecTV reported second-quarter profit that topped analysts’ estimates as the World Cup lured Latin American customers. Earnings of $1.59 a share, excluding one-time items, beat analysts’ estimates for $1.53 a share on average. Profit was buoyed by 543,000 additional Latin American customers, who flocked to the World Cup offerings. U.S. subscribers, by contrast, fell by 34,000.
Meredith Local Media Fiscal 4Q Rev Up 20%
Record digital/mobile advertising revenues and higher retransmission-related money drive the quarter’s revenue to $111 million. For the full fiscal year the Local Media Group’s revenue rose 7% to a record $403 million.
Strong MAM Sales Drive 23% 2Q Rev Rise For Dalet
Sony Surprises With First Quarter Profit
Sony’s April-June profit soared to 26.8 billion yen ($261 million) from 3.1 billion yen a year earlier. Analysts had forecast a loss. Quarterly sales climbed nearly 6% to 1.81 trillion yen ($17.6 billion). The Japanese electronics and entertainment conglomerate, which has been trying to reshape its business after years of losses, did well in its video games, movie and camera businesses, offsetting restructuring costs. Under an overhaul announced earlier this year, Sony has sold its Vaio computer business and is splitting off its TV division to run as a wholly-owned subsidiary.
Twitter Shocks Wall Street With Big Growth
Twitter shares leapt more than 25% in after-hours trading Tuesday after stellar results in the company’s latest quarterly earnings report. Twitter added 16 million monthly active users to bring its total to 271 million, the biggest period of user growth since the first quarter of 2013. Revenue for the quarter was $312 million, blowing past analysts’ estimates of $283 million.
Nielsen 2Q Revenue Up 15% To $1.6 Billion
Nielsen took in healthy second-quarter revenues, largely due to its acquisitions, including Arbitron. Nielsen says gains in audience measurement activity were up, including a greater demand for its digital and advertiser solutions products.
TiVo Beats First Quarter Earnings Estimates
CEO Tom Rogers’ efforts to persuade pay TV distributors to offer TiVo boxes to customers who want online and conventional video worked better than many investors anticipated in the three months ending in April. The company says it generated $8.1 million in net income, up from a $10.3 million loss in the period last year, on revenues of $107.1 million, up 29.7%.
Tribune Same-Station TV Revenue Up 8%
Gains were driven by higher ad revenue as well as increases in retrans and political money.
Sony Sinks To $1.3 Billion Quarterly Loss
The Tokyo-based maker of the PlayStation 4 game machine, Bravia TVs and Walkman digital players also forecast a $490 million loss for the year ending March 2015 as overall sales are expected to be flat without its Vaio PC business, which it sold last year. One bright spot was its television programming business, which benefited from licensing agreements for game shows, including Wheel of Fortune.
ChyronHego Posts 57% Gain In 1Q Revenue
The tech firm’s President- CEO Johan Apel: “ChyronHego’s revenues for the first quarter are ahead of plan.”
Scripps 1Q TV Station Revenue Grows 5.4%
Strong local advertising, retransmission revenue growth, Olympics and higher-than-expected political money boost the TV group to $102 million.
Entravision TV Revenue Up 8% In 1Q
The increase to $37.7 million is driven by higher core advertising and retransmission consent money.
CBS TV Stations’ 1Q Rev Dips 5% To $626M
The drop was due to the lack of Super Bowl revenue this year and two fewer NCAA Tournament games.
Nexstar 1Q Net Rev Up 19% to Record $134M
Record core TV advertising, political and retransmission revenue drives record 1Q operating income of $27.7 million.
Gray Television 1Q Rev Climbs 17% To $91M
The increase comes from higher local, political and Internet advertising as well as higher retrans money.
21st Century Fox TV Revenue Up 27%
Super Bowl and retrans money drives the company’s fiscal 3Q television segment revenue to $1.6 billion.
Sinclair 1Q Revenue Climbs 47.8%
Excluding political, the station group reported local core broadcast revenue was up 49.3%, while national net broadcast revenues were down 32.6%, versus the first quarter of 2013, in part due to higher political and Super Bowl revenue.
Disney Fiscal 2Q Broadcasting Rev Flat
Sales at the ABC broadcasting operation were essentially flat at $1.5 billion but operating income was up 15% to $159 million as retransmission consent fees compensated for a drop in primetime ad revenues. Cable network revenue was up 5% to $3.6 billion.
Saga Communications 1Q TV Revenue Flat
The company’s four full-power and four low-power stations account for $4.5 million, the same as a year ago.
Post-Newsweek 1Q TV Revenue Climbs 24%
Graham Holdings Co. says the rise is due to a $3.1 million increase in political ad revenue, $9.5 million in incremental winter Olympics-related advertising revenue at the company’s NBC affiliates and $4.7 million in increased retransmission revenues.
Viacom Beats Fiscal 2Q Earnings Estimates
AP Posts Profit In 2013 Even As Revenue Falls
NEW YORK — The Associated Press said Wednesday that it posted a net profit of $3.3 million in 2013, as it cut costs across the organization. The results compare with […]
Journal 1Q TV Revenue Up 12.6% To $46M
Retransmission consent money was the big driver, climbing 85.6% to $9.8 million.
Media General 1Q Core Rev Up 4.6%
The gain, coming after the company’s merger with Young Broadcasting, reflects growth in all of its revenue categories. Automotive and telecommunications advertising increased 20% and 50%, respectively.
LIN 1Q Revenue Climbs 18% To $166M
Local revenues, which include net local advertising revenues, retransmission consent fee revenues and TV station website revenues, increased 9% to $108.1 million, national revenue rose 2% to $30 million, digital revenues grew 171% to $24.5 million.
Meredith Local Media Revenue Rises 14%
The rise comes from higher ad sales, greater retrans money and one month of operating KMOV St. Louis.
Gannett Same-Station TV Revenue Up 19.6%
Factoring out contributions from the Belo acquisition, core is up 6.5%, while retrans grows 66.4% and digital rises 23%.
Olympics Boost NBC Broadcast TV Rev 73%
That huge jump comes from the Winter Olympics. But even without it, revenue was up 17% due to ad gains and higher retrans fees.
Netflix Attracts 2.25M U.S. Subscribers In 1Q
SAN FRANCISCO (AP) — Netflix’s first-quarter earnings soared as another season of the popular political drama “House of Cards” helped attract an additional 2.25 million subscribers to the Internet video […]
Vislink 2013 Broadcast Revenue Climbs 2.2%
Tribune Broadcast Rev: 4Q -11%, 2013 -12%
Declines in barter revenue and political advertising were only partially offset by gains in retransmission consent money.