The strong fourth-quarter results marked the fourth consecutive quarter of double-digit growth for the seven pure-play broadcasting companies and eight integrated media companies tracked by the investment bank M.C. Alcamo & Co.
Fisher Tops Rev Gainers In Alcamo Report
Media investment bank M.C. Alcamo & Co. released its review of performance in the broadcast industry for Q4 2010.
“The U.S. broadcast industry continued its robust recovery in the fourth quarter, clocking revenue growth of +25.3 %,” said Michael Alcamo, the firm’s president. “The sector’s profitability margin expanded by 10 margin points: from 30% in Q4 2009 to 40% in Q4 2010.”
He noted that the strong political ad expenditure and ad recovery drove revenue and margin gains throughout the industry. The strong Q4 results marked the fourth consecutive quarter of double-digit growth for the seven pure-play broadcasting companies and eight integrated media companies the firm tracks. This was the fourth consecutive quarter of double-digit growth for the group.
Fisher Communications led the pack with revenue a gain of + 49.0% compared with Q4 2009, closely followed by Gray Televison at +47.8%. The E.W. Scripps Company ranked third at 36.6%. Nexstar Broadcasting Group came in fourth at 31.2%
Comments (2)
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March 24, 2011 at 11:43 pm
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gerri shaftel says:
March 25, 2011 at 10:19 am
Makes you wonder what kind of year these groups had last year….I’m just saying….