Scripps Networks Interactive Q1 saw 8.3% boost

By on May, 9 2014 with Comments 0

Scripps Networks InteractiveRevenues for the quarter increased 8.3% to $644 million from the prior-year period. Results reflect strong ad revenue of $434 million, up 10%, and affiliate fee revenue of $201 million, up 7.2% YOY. Total segment profit increased 9.4% to $271 million. Q1 net income attributable to Scripps Networks Interactive was $128 million, or $0.87 per diluted share. Q1 2013 net income was $108 million, or $0.72, which included unfavorable tax adjustments totaling $0.05 per diluted share.

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About The Author: Carl has been with RBR-TVBR since 1997 and is currently Managing Director/Senior Editor. Residing in Northern Virginia, he covers the business of broadcasting, advertising, programming, new media and engineering. He’s also done a great deal of interviews for the company and handles our ever-growing stable of bylined columnists.

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