Scripps April revenues increase 17 percent
Tue, May 09, 2000 by Tim Stautberg
CINCINNATI, Ohio - The E.W. Scripps Company’s consolidated revenues increased 17 percent in April to $152 million, compared to $130 million in April 1999. April 2000 had five Saturdays and Sundays versus four in 1999.Newspaper advertising revenues increased 18 percent to $66.5 million. Classified advertising revenues increased 19 percent to $27.4 million. Local advertising revenues increased 11 percent to $24.8 million. Total newspaper revenues were up 13 percent to $85.7 million.Category television revenues increased 57 percent to $29.6 million. The number of subscribers at Home & Garden Television reached 61.7 million in April, up1.2 million from the previous month, according to the Nielsen Homevideo Index. Home & Garden Television now reaches more than 75 percent of all domestic cable households. The number of Food Network subscribers reached 47.3 million in April, up 1 million from the previous month, according to the Nielsen index.Broadcast television revenues were unchanged at $27.7 million. The E.W. Scripps Company operates 20 daily newspapers; 10 broadcast television stations; three TV networks, Home & Garden Television, Food Network and Do It Yourself; and a TV programmer, Scripps Productions. The company also operates United Media, a worldwide syndicator and licensor of news features and comics, and the Scripps Howard News Service. Scripps operates 31 revenue-producing Web sites, including hgtv.com, foodtv.com, diynet.com and comics.com.