SINCLAIR BROADCASTING EARNINGS RELEASED
By
Dave Scherer on 2012-02-08 10:01:12
is
reporting that Sinclair Broadcasting, parent company of Ring Of Honor, reported net income of $22.7 million, or 28 cents per share, for the quarter that ended Dec. 31, compared to net income of $33.1 million, or 41 cents per share, in the last three months of 2010. They declared a dividend of 12 cents a share. The Sun reported that "Political advertising revenues in the fourth quarter decreased to $4.1 million, compared to $26.8 million in the same period a year ago. But the company saw 12 percent growth in advertising from automakers, its largest category, compared to the fourth quarter of 2010."
If you enjoy PWInsider.com you can check out the AD-FREE PWInsider Elite section,
which features exclusive audio updates, news, our critically acclaimed podcasts,
interviews and more by clicking here!
Bang On Casino
