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Posts Tagged ‘Lin TV Corp.’

Net Revenues For LIN TV Corp. Rise 37%

LIN TV Corp. reported net revenues of $141 million in the first quarter of 2013, a 37% increased on $103.2 million in the year-ago quarter.

Local revenues, which include net local advertising revenues, retransmission revenues and station website revenues increased 47% to $99.4 million. Net national revenues were also up to $29.5 million, a 28% increased on the year-ago quarter. As expected in a non-election year, political revenues were down.

“After achieving record results last year, ad revenue is off to a slower start in 2013. However, retransmission revenues and the continued growth and contribution of our digital business more than offset declines,” president and CEO Vincent L. Sadusky said in a statement.

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Q3 Earnings: Lin TV Net Revenue Up 36%

Lin TV Corp. reported $133.1 million in net revenue for the third quarter of 2012, a +36% increase compared to the year-ago quarter.

The company had $20.4 million in net political revenues this quarter. Local revenues, which include net local advertising revenues, retransmission consent fees and station web site revenues, increased +17% to $73 million, compared to $62.3 million int he third quarter of 2011.

“In addition to record political spending on our leading local news stations, local revenues increased 17% and interactive revenues were up 60% from the prior year,” Lin TV president and CEO Vincent L. Sadusky said in a statement. “Looking forward, our long-term strategy and the increased demand for our innovative multimedia advertising solutions position us well for the remainder of 2012 and beyond.”