United Media Profit Jumps 36% in Q4

Posted Thursday, February 19, 2009 12:00 am

By: Mark Fitzgeerald E.W. Scripps Co. Thursday reported profits at its United Media syndication unit and licensing businesses jumped 36% in the fourth quarter of 2008.

Scripps attributed the profit increase to the decision by the ABC television network to air 13 ?Peanuts? specials in the quarter. United Media syndicates ?Peanuts,? ?Dilbert,? Marmaduke? and about 150 other comics and features.

Q4 profit rose to $4.3 million from $3.2 million.

Revenue for the quarter increased 20% to $30.9 million, compared with $25.7 million in the year-ago period, Scripps said.

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United Media Profit Jumps 36% in Q4

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