TVNewser LostRemote AgencySpy PRNewser FishbowlNY FishbowlDC SocialTimes AllTwitter AllFacebook InsideFacebook InsideSocialGames InsideMobileApps

Gannett’s TV Revenue Dips 2%

Gannett, which owns 23 stations across the country including KARE in Minneapolis-Saint Paul and WUSA in D.C., announced today that its first quarter TV revenue had dipped 2%, compared to the same period last year.

In a news release, Gannett’s chairman and CEO Craig Dubow blamed the dip on the fact that the company’s NBC-affiliates had the Olympics last year and its CBS-affiliates saw a boost when the network aired the 2010 Super Bowl, which moved to Fox this year.

Overall, Gannett’s TV revenues were $158.3 million for the quarter, compared to $161.3 million last year.  The company points out that it took in $18.6 million in Olympic spending and $2.2 million for ads related to the Super Bowl.

Gannett predicts second quarter revenues to be flat compared to last year.

Mediabistro Course

Social Media 101

Social Media 101Get hands-on social media training for beginners in our online boot camp, Social Media 101. Starting September 4, social media and marketing experts will help you determine the social media sites that matter most to you, based on your personal and professional goals. Register now!