TVNewser Show TVNewser LostRemote AgencySpy PRNewser FishbowlNY FishbowlDC SocialTimes AllFacebook GalleyCat MediaJobsDaily UnBeige

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 Event

TVNewser Show Coming to NYC on April 29!

TVNewser ShowThe TVNewser Show Seminar & Media Job Fair will explore the way TV business and technologies are changing through informative panels and discussions with industry experts. Attendees will also have the opportunity to network with other like-minded professionals at the event's exclusive media job fair. Register before midnight on April 28 to save on on-site pricing!