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

Q2 Earnings: Gray TV Revenue Down 11%

Gray Television reported $84.3 million in total revenue during the second quarter of 2013, a decline of 11% compared to the year-ago quarter.

Local and national advertising revenue both increased 5% compared to the year-ago quarter. Internet advertising revenue was down, as was political advertising, which fell 94% in the non-election year. Retransmission revenue rose 13% compared to the second quarter of 2012.

“We are pleased with our operating results for the second quarter of 2013. We experienced period over period increases in national advertising, local advertising and retransmission consent revenue.  Our period over period decrease in total revenue was primarily due to the expected decrease in political advertising revenue,” the company said in a statement.

Mediabistro Course

Online Production for Writers and Editors

Online Production for Writers and EditorsStarting July 17, learn how to create multi-dimensional content for your digital mediums! Taught by a multiplatform journalist, Darragh Worland will teach you how to create content that is multi-dimensional and editorially relevant, use the web to its full potential, create stories that have social media campaigns built in and increase your value as as an employee. Register now!