By: E&P Staff E.W. Scripps reported that total revenue in October for the newspaper division was up 1.4% to $64.1 million compared with the same period a year ago. Year-over-year revenue growth was negatively affected by Hurricane Wilma, which caused a loss of business in two of the company's Florida newspapers.
Newspaper ad revenue for the month grew 2.6%. Local was down 1% to $14.4 million. Classified was up 2.7% to $19.8 million. National was down 0.2% to $3.9 million. Preprint and other increased 7.4% to $13.3 million.
Circulation revenue for the month declined 3.6% to $11.1 million.
At Scripps Networks, total revenue advanced 30% to $84.3 million. Shop At Home revenue rose 3.3% to $25.1 million. At the company's broadcast TV stations, revenue declined 28% to $30.7 million. The decrease reflects the absence of political advertising that occurred last year.
The company is not reporting monthly revenue for its online shopping comparison subsidiary Shopzilla for competitive reasons.
Comments
No comments on this item Please log in to comment by clicking here