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

Q2 Earnings: Graham Media Group Revenue Up 10%

GrahamHoldingsLogo-jpgGraham Media Group (formerly the Post-Newsweek stations) reported $88.3 million in television broadcasting revenue during the second quarter of 2014, a 10 percent increase on the year-ago quarter.

Operating income for the quarter was up 12% to $44.1 million. The station group says the increase in revenue and operating income  “is due to a $6.9 million increase in political advertising revenue, $9.5 million in incremental winter Olympics-related advertising revenue at the Company’s NBC affiliates and $9.3 million in increased retransmission revenues.”

The company’s second quarter earnings exclude WPLG, the ABC affiliate in Miami, which was recently sold to Warren Buffet‘s Berkshire Hathaway.

Mediabistro Course

Multimedia Journalism

Multimedia JournalismStarting September 25, learn how to create interactive packages with photos, audio, and video! Taught by a multiplatform journalist, Darragh Worland will teach you how to come up stories that would be best told in a multimedia format, and create original content for that package using photos, slideshows, and short video and audio pieces. Register now!