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Article: Scripps Networks Interactive Reports Third Quarter Financial Results.
- Article from:
- Business Wire
- Article date:
- November 6, 2009
CopyrightCOPYRIGHT 2009 Business Wire. 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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CINCINNATI -- Scripps Networks Interactive Inc. (NYSE: SNI) today reported operating results for the third quarter 2009.
Results for the three-month period ended Sept. 30 reflect strong affiliate fee revenue growth and improved advertising sales at the company's flagship cable television networks, Food Network and HGTV.
Consolidated revenue for the quarter was flat relative to the prior year period at $364 million. Total revenue from the company's portfolio of Lifestyle Media television networks, Web sites and other related businesses was up 4.3 percent for the period compared with last year.
Consolidated expenses for the quarter decreased 4.5 ...