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Article: Biz Briefs; LIN's Q3 Profit Up; Hearst-Argyle Profit Drops.(Briefs)(entertainment industry news briefs)
- Article from:
- TelevisionWeek
- Article date:
- November 3, 2003
CopyrightCOPYRIGHT 2003 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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A pair of station groups reported divergent third-quarter results last week, and both said they felt the impact of the lack of political advertising in the quarter. LIN TV reported a 4 percent jump in third-quarter profit to $6.1 million, or 12 cents a share, from a year-earlier profit of $5.9 million, or 12 cents a share, as the company cut interest expenses through debt refinancings and increased cash distributions tied to the company's joint venture with NBC. Revenue for the 24-station group slipped nearly 7 percent to $85.8 million, hurt by the decline in political advertising spending compared with a year ago. Meanwhile, Hearst-Argyle Television reported a 9 percent ...
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Article: 50 per cent suspect agencies, politicians.
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... ... January 12 (THE NATION): Fifty-three per cent Pakistanis have supported the nomination ... of Pakistan Peoples Party, while 48 per cent hold government responsible for the assassination ... media, principally television (43 per cent) followed by radio (3 per cent). The ...
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