Local revenues, which include net local advertising revenues, retransmission revenues and station website revenues increased 47% to $99.4 million. Net national revenues were also up to $29.5 million, a 28% increased on the year-ago quarter. As expected in a non-election year, political revenues were down.

“After achieving record results last year, ad revenue is off to a slower start in 2013. However, retransmission revenues and the continued growth and contribution of our digital business more than offset declines,” president and CEO Vincent L. Sadusky said in a statement.

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Local revenues were up 31.9% for the quarter and national revenues were up 34.3%. Political revenues were down significantly in the non-election year, but retransmission fees were up 64.2% and e-media revenue was up 57.3%. Broadcast cash flow was $39.8 million, an increase of 16.9% on the year-ago quarter.

“Industry revenue improved each month during the first quarter and this trend continues for Nexstar in the second quarter to date,” Nexstar chairman, president and CEO Perry A. Sook said in a statement. “As such, we are well positioned to grow all of our non-political revenue sources throughout 2013.”

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Local advertising revenue was down 4.9% to $53.7 million and national advertising revenue was up 4.6% to $26.9 million. Digital revenue increased 23% and retransmission revenue increased 35% compared to the year-ago quarter.

“In the first quarter, which is our seasonally smallest revenue period, results were complicated by an expected absence of political advertising and difficult-to-predict advertising patterns coming out of 2012,” president, chairman and CEO Rich Boehne said in a statement. “These tough year-over-year revenue comparisons caused by cyclical political advertising will continue through the balance of 2013.”

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The station group, which Sinclair Broadcast Group is in the process of acquiring, reported retransmission consent revenue increased 82% to $6.5 million in the first quarter. TV cash flow was $7 million, an increase of 33% on the year-ago quarter.

“2013 is off to a strong start, led by the continued market share growth among our broadcast stations,” Fisher president and CEO Colleen B. Brown said in a statement. “This momentum reflects the quality and value of our local brands and is the direct result of solid execution across our group of broadcast stations.”

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While political advertising revenue was down due to an expected decrease in political spending, local advertising revenue increased 36.7% and national advertising revenue (excluding political) increased 50.1%. Local advertising revenue was strong in the automotive category and national advertising revenue was strong in the media and restuarant categories.

Operating earnings from Journal’s stations were $7.1 million, an increase of 84.3%. Operating expenses increased 37.2%, primarily because of increases in network fees and employee-related costs, according to Journal.

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Local advertising revenue increased 1% to $46.4 million and national advertising revenue increased 3% to $13.4 million. Internet advertising revenue was flat and retransmission revenue increased 14%, according to the company.

In a statement, Gray Television said the company is  “pleased with our operating results for the first quarter of 2013.”

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Sinclair’s operating income in the first quarter of 2013 increased to $63.7 million from $59.9 million in the first quarter of 2012. Local net broadcast revenues, which include local time sales, retransmission revenues and other broadcast revenues were up 32.8% for the quarter. National net broadcast revenues were up 31.5%.

“We are excited the Barrington Broadcasting, Fisher Communications and certain of the COX Media Group stations will soon be joining us. We intend to continue analyzing and evaluating opportunities to aquire additional television station assets towards creating greater scale for our operations and  value for our shareholders,” Sinclair president and CEO David Smith said in a statement.

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“We’re pleased to have delivered another quarter of revenue and operating profit growth,” said Local Media Group president Paul Karpowicz said in a statement.

Non-political advertising revenues were $66 million, a slight decrease on the prior-year period. Political revenues were also down, as is expected in a non-election year. Growth was strong in the automotive, retail and furnishings categories. The company also reported an increase in other revenues and operating expenses due to growth in retransmission revenues.

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Growth in core spot revenue, which was up 2%,  came from strong automotive, retail and telecommunications categories, according to Belo. Political revenue in the first quarter of 2013 declined by $1 million from 2012, which was an election year. Total spot revenue grew 1% compared to the year-ago quarter. Internet advertising grew 22% and retransmission revenue grew 8%.

Dallas-based Belo owns 21 stations in 16 markets.

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Political revenues in the first quarter totaled $507,000, down from $6.2 million during the first quarter of 2012, which was an election year. The loss was offset by a 55% increase in retransmission revenues and an 18% increase in digital revenues.

Virginia-based Media General owns 19 local television stations.

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The retransmission revenue at Gannett’s 23 stations increased 58.7% and core advertising revenues increased 2.3%, enough to “more than offset lower advertising associated
with the move of the Super Bowl broadcast to the company’s six CBS stations from its 12 NBC stations,” the company said in a release.

Broadcast segment operating expenses totaled $107.9 million for the quarter, up 4.2%. Reported operating income was $87.3 million, up 15.2%.

“Core advertising growth and a substantial increase in retransmission revenue contributed to improving results in Broadcasting while Digital segment results continued to reflect CareerBuilder’s growing market position,” Gannett president and CEO Gracia Martore said in a statement. “Our improved profitability and revenue growth are also clear signs that our strategy is working.”

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The company reported $19.9 million in political revenue for the quarter compared to $700,000 in the fourth quarter of 2011. On a same-station basis excluding political advertising, total revenue was flat and local revenue decreased 3.1% due to the crowding-out effect of political ads. National revenue increased 6%.

“Journal Communications posted excellent results in the fourth quarter with consolidated revenue of $124.5 million, up 31%, led by record political spending in the Broadcast group,” Journal Communications chairman and CEO Steven J. Smith said in a statement.

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Compared to the fourth quarter of 2011, local revenue increased 6.8% and national revenue increased 14.3%. Retransmission fee revenue increased 55.9%, and political revenue was up 1,262% from the year-ago quarter.

“Our strong financial results were primarily driven by record-breaking political advertising sales, higher core television ad revenue, growing retransmission consent revenues, and our 24th consecutive quarter of e-Media revenue increases. We also benefited from a month of operations related to the accretive acquisition of ten television stations from Newport Television,” Nexstar chairman and CEO Perry A. Sook said in a statement.

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Net political revenues rose to $45.5 million, compared to $23.8 million in the fourth quarter of 2010 and $20 million during the same time period in 2008. Excluding political revenue, net revenues increased 39% to $150.7 million.

Local revenues, retransmission consent fees and television station web site revenues increased 45% to $101.4 million. Operating income increased 139% to $71.2 million.

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Excluding the company’s newly-acquired stations, political advertising totaled $44.1 million for the quarter. The political ads were up significantly compared to the previous election cycle in Q4 2010 ($28.1 million) and the previous Presidential election cycle in Q4 2008 ($26.0 million).

Local advertising was up 11% to $54.9 million, while national advertising was up 12% to $25.9 million. On a same-station basis, local was down 12% and national was down 17% due to displacement caused by a surge in political advertising.

“Investing to expand our television portfolio and to improve our local news programming resulted in an attractive platform for political advertising and the most effective voice for election-year journalism ever staged by Scripps,” president and CEO Rich Boehne said in a statement.

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