The E.W. Scripps Co. and Gray Television each reported their respective fourth-quarter 2011 revenue this morning, and in both cases, each company saw double-digit overall decreases, but non-political advertising revenue actually climbed.
Scripps, which owns the Evansville Courier & Press and Henderson Gleaner, saw total revenue for the quarter fall by 16% compared to last year, with its overall newspaper division revenue declining by 3.3%. Television revenue was likewise down, and the addition of the former McGraw-Hill stations (including Indianapolis ABC affiliate WRTV-6) didn't affect overall financial performance for the quarter.
See Scripps' full fourth-quarter report here.
Gray - the owner of Bowling Green, Ky. ABC/Fox/CW affiliate WBKO-13, saw its overall revenue decline by 26% for the quarter compared to the same period in 2010; however, the company did record substantial increases in local, national and internet ad revenue, as well as retransmission consent dollars.
The company also received consulting revenue for its assistance in running stations owned by Young Broadcasting, including WKRN-2 in Nashville.
You can see Gray's full report here.
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