Scripps January revenues rose 4.6 percent
Tue, August 26, 1997 by Rich Boehne
CINCINNATI, Ohio – The E.W. Scripps Company said today that its consolidated revenues rose 4.6 percent in January to $80.5 million, compared to $77 million in January 1995.Newspaper advertising revenues for the month slipped 1.6 percent year-over-year, to $34.8 million. Total newspaper revenues also fell 1.6 percent to $49.5 million. January 1996 has one fewer Sunday than January 1995, which negatively affected the year-over-year comparison. Also, the severe winter weather early this year hurt advertising in several Southeastern markets.Revenues from the television station group moved up 6.4 percent to $21.7 million.In the entertainment division, revenues rose 48 percent to $9.3 million, compared to $6.3 million in 1995.The E.W. Scripps Company operates 18 daily newspapers, nine television stations, and cable systems in 10 states.Through its entertainment division, Scripps operates United Media, a worldwide syndicator and licensor of news features and comics; Scripps Howard Productions, a producer of television programming; Cinetel Productions, a leading producer of programs for the cable networks; and Home & Garden Television, a 24-hour cable network.