LIN pretty much in line
LIN Television's stock fell yesterday, although Q3 revenues were in line with expectations and EPS was a penny better than the analysts' consensus of...
Sinclair beats expectations, boosts dividend
Yes, political advertising was down, but Sinclair Broadcast Group reported that exluding political, Q3 local ad sales were up 2.7% in Q3 and national...
This vehicle may be hazardous to your health
Cars. They emit noxious vapors and consume massive quantities of energy derived from fossil fuels. They force massive amounts of land to be paved...
Disaster torches the competition
It was essentially a battle for second place among the ongoing journalistic narratives of 2007 as the California wildfires dominated coverage, claiming 38% of...
Lincoln Financial earnings decline
Lincoln Financial Group reported that Q3 net earnings declined 9% to 329.6 million, or 1.21 per share. Lincoln Financial Media saw revenues decline 0.2%...
Talkers range free during diffuse news week
When the concentration of news coverage for the second hottest story of the week (Pakistan) hits a mere 6%, especially when topic #1 (the...
Another shareholder pressuring Emmis
This time it is Arnhold and S. Bleichroeder Advisers LLC calling for the creation of a special committee of independent directors to work with...
XM still buying red ink by the barrel
The cash burn continues for XM Satellite Radio, so the company assured Wall Street in its quarterly financial report that it still has access...
Disney commits 2M for fire aid
With its Southern California corporate home area devastate by wildfires, The Walt Disney Company announced that it will contribute two million bucks to relief...
Belo running on all cylinders
Belo Corporation's Q3 results exceeded Wall Street expectations for both its newspaper and television operations. TV revenues rose 1.8% to 182.4 million, despite a...
Scripps beats expectations
TV revenues fell 10.3% in Q3 at Scripps to 73.3 million, but that was better than expected, given the lack of political revenues. Local...
Journal clarification
Yesterday's story stated that Journal Communications indicated it was open to an acquisition or stock buyback and some people apparently took that to mean...
Lack of political impacted Meredith
With only one million of political revenues, vs. nine million a year ago, fiscal Q1 (July-September) broadcasting revenues were down 7.3% at Meredith Corporation...
It's the advertising environment, stupid
Well, there were also tough comps during a political off-year which led to red-ink results at multimedia Journal Communications. Chairman/CEO Steve Smith explained, "The...
New York Times reports 2007 Q3 results
The New York Times Company announced Q3 revenues increased 2% to 754.4 million from 739.6 million. Ad revenues decreased 0.1%; circulation revenues increased 3.9%;...