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Posts Tagged ‘Colleen Brown’

Q3 Earnings: Fisher TV Revenue Increases 13%

Fisher Communications reported television segment revenue of $36.4 million on Thursday, an increase of +13% from $30.5 million in the third quarter of 2011.

The company reported a +285% increase in political ad revenue — $6.3 million for Q3 2012 compared to $947,000 for Q3 2011. Net television revenue, excluding political revenue, increased +5; television cash flow increased +55%.

“Fisher’s positive momentum continued throughout the third quarter, led by the strength of our stations, strong political spending and new retransmission agreements,” Fisher president and CEO Colleen Brown said in a statement. ”Our stations delivered audience share and revenue growth, as we continue to leverage the company’s key set of multiplatform offerings to our competitive advantage.”

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Janene Drafs to Take Over as KOMO General Manager After Jim Clayton’s Retirement

Fisher Communications has announced that Jim Clayton, the senior vice president and general manager of Seattle ABC-affiliate KOMO, will retire at the end of the month. He will be succeeded by Janene Drafs.

Drafs is a 25-year employee of Fisher Communications who began her career at KOMO as a sales assistant. She has also held the positions of account executive, local sales manager and general sales manager. Most recently, she has been the station’s vice president and station manager, a role she assumed in May.

“Janene is an accomplished leader who brings the full range of newsroom and sales experience, along with deep community knowledge, to this position,” Fisher president and CEO Colleen Brown said in a statement. Read more

Fisher Communications TV Revenue Flat in Q1

Fisher Communications brought in $29.2 million in television revenue in the first quarter of 2012, essentially flat compared to the $29.1 million in the first quarter of 2011.

Television revenue declined due to lower national advertising revenue in the pharmaceutical, financial services and tourism categories, according to the company. The decline was balanced by increases in retail and automotive categories.

“We believe Fisher remains well positioned for strong station performance and audience share growth,” president and CEO Colleen Brown said in a statement. “These are the fundamentals that differentiate Fisher from its competitors and will continue to make the Company a leader in redefining the future of local media.” Read more

Fisher Reports 9% Increase in Core Advertising

Fisher Communications today announced financial results for the fourth quarter of 2011 as well as for the full-year.  The Seattle-based station group emphasized notable growth in core advertising, excluding political.

Making a point not to include the effect of a cyclical decrease in political advertising in announcing its financial results, Fisher reported a 9% increase in net TV revenue, excluding political, for the fourth quarter and an 8% increase in net TV revenue, again excluding political, for the full-year.

Fisher saw a 14% increase in retrans revenue for the fourth quarter as well as a 19% increase in automotive advertising during the period, compared to the final three months of 2010. Read more

Amid Criticism from Investors, Fisher Reports Solid First Quarter Results

Fisher Communications, which has recently been fending off a takeover bid by a group of dissident investors, today reported a solid financial showing in the first quarter.

The Seattle-based company announced that its net TV revenue increased by 9.5%. Excluding political revenue, Fisher saw a 12.3% boost in the quarter, compared to the same period last year.

“Fisher’s successful execution of its strategic plan has continued our business growth by improving ratings, growing revenue share and adding new advertising categories and local solutions,” announced Fisher president and CEO Colleen Brown, who has lately been criticized by investors for her management of the company. Read more