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News Breaks | | | | March 5, 2013 | | 08:12 EDT |  | MEG | Media General sees Q1 core revenue growth of 2%; total revenue growth of 7%-8%
Q1 revenue consensus of $324M. Sees Q1 political revenue $400,000, compared with $6.2M in 1Q12. Super Bowl revenues on the company's CBS stations were $1.2M and increased by 33% compared with the last time the Super Bowl aired on CBS in 2010. In 2012, Super Bowl revenues were $2.8M on the company's NBC stations, which are located in larger markets and which typically generate higher revenues. Retransmission revenues are expected to increase 50%. Digital Media revenues are expected to increase 15%. | |
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