Scripps February revenues increase 11 percent
Tue, March 09, 1999 by Mark Kroeger
CINCINNATI, Ohio - The E.W. Scripps Company’s consolidated revenues increased 11 percent in February to $117 million, compared to $105 million in February 1998.For comparative purposes, the company's monthly revenue report excludes divested operations.Newspaper advertising moved up 7.3 percent to $52.5 million. Classified advertising revenues increased 5.8 percent to $20.9 million. Local advertising revenues increased 8.3 percent to $21.9 million. Total newspaper revenues were up 3.8 percent to $69.3 million.Broadcast television revenues increased 2.8 percent to $22.1 million. Advance advertising sales for March are up about 5 percent. Category television revenues increased 57 percent to $14.8 million. The number of subscribers at Home & Garden Television reached 51.3 million in February, up 800,000 from the previous month, according to the Nielsen Homevideo Index. The number of Food Network subscribers reached 38.5 million in February, up 800,000 from the previous month, according to the Nielsen index.The E.W. Scripps Company operates 19 daily newspapers; nine network-affiliated television stations; two TV networks, Home & Garden Television and the Food Network; a TV programmer, Scripps Productions; independent Yellow Pages directories; Scripps Howard News Service; and United Media, a worldwide syndicator and licensor of news features and comics.