Posts Tagged ‘Washington Post’

Do not ask for a raise, Wa-Po dips in 1Q…

(from TVNewsCheck.com) – The Washington Post Co (owners of FL’s WPLG, WJXT, WKMG). today reported financial results for the first quarter of 2011 that included a 2% decrease in revenue for its broadcast division to $72.2 million, from $73.5 million in 2010, while operating income for the first quarter decreased 6% to $19.6 million, from $20.9 million in the first quarter of 2010.

The company said the decline in revenue and operating income is due to the absence of $4.7 million in incremental winter Olympics-related advertising at the company’s NBC affiliates in the first quarter of 2010, and a $1.8 million decrease in political advertising revenue, offset by increases in other categories….Cont….

06

05 2011

Ask for a raise, Washington Post Co up 28% in 4Q…

(from TVNewsCheck.com) – The Washington Post Co. today reported that revenue for its television broadcasting division increased 28% in the fourth quarter of 2010 to $102.9 million, from $80.2 million in 2009. Television broadcasting division operating income increased 56% to $45.3 million, from $29 million for the fourth quarter of 2009.

The company said the increases in revenue and operating income were due to improved advertising demand in all markets and most product categories, particularly automotive. The increased revenue and operating income also includes $17.6 million increase in political advertising revenue in the fourth quarter of 2010….Cont….

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02 2011