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Fisher Communications TV Revenue Up 12%

Fisher Communications’ total television net revenue was $32.6 million in the first quarter of 2013. The 12% increase on the year-ago quarter was attributed to strong growth in the automotive, financial services and retail categories

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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