(Reuters) - Scripps said its cable networks HGTV and the Food Network continued to post double-digit growth, with revenue up 13 percent at the division that houses the two channels and segment profit up 20 percent.
But weak newspaper advertising in Florida and a year without Olympic broadcasts or political advertising for its television station group weighed on results. The company also said it posted a loss for its Internet businesses as the company invested more to beef up its sites.
Read more at Reuters.com Market News
No comments:
Post a Comment