Thursday, August 04, 2005

Second quarter revenues up for KOAM parent

Second quarter revenues at Saga Communications were up 6.9 percent to $37.6 million, according to Television Business Report. Saga owns KOAM and KFJX, the Joplin's areas CBS and Fox affiliates. Operating income, however, was down 6.2 percent to $8.6 million.
Saga CEO Ed Christian predicts third quarter revenues will be up one to three percent, according to the article.
The company primarily owns radio stations, but its TV stations revenues increased 4.9 percent to $3.9 million," the article said.

No comments: