Belo November Revenue Up 3.5%

Posted Monday, December 19, 2005 12:00 am

By: (AP) Belo Corp., publisher of the Dallas Morning News and other newspapers, said Monday that revenue rose 3.5% in November, led by contributions from newspaper advertising.

Total newspaper group revenue rose 7% in November from a year ago, led by an increase of 6.5% at The Dallas Morning News and 9.7% at The Providence Journal.

Television revenue grew slightly by 0.4%, with a lack of political ads exerting downward pressure. The company booked political ad revenue of $1.2 million, down from $2.9 million a year ago. Excluding political ads, television revenue grew 3.2% in November.

Belo shares rose 42 cents, or 2%, to $21.59 in early morning trading on the New York Stock Exchange.

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Belo November Revenue Up 3.5%

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