03.20.2009 01:30 PM
Barrington Posts Preliminary Results
Barrington Broadcasting posted preliminary revenues of more than $119 million for 2008, compared to $112.5 million in 2007. Cash flow—adjusted earnings before income tax, interest expenses, depreciation and amortization—was $40.7 million for 2008 versus $35.7 million in ’07.

The increase was pinned on the uptick in political ad revenue, which offset declines in national and local. For the three months ending Dec. 31, 2008, Barrington posted preliminary revenues of $32.5 million versus $30.4 million for the year-earlier period. Cash flow is projected to be $12.6 million versus $10.6 million the year before.

The preliminary results don’t include an expected $50 million write-down on intangibles. The $50 million is in addition to an $18.5 million impairment the company took during 3Q08. Barrington owns and/or operates 23 TV stations in mid-sized markets.

Post New Comment
If you are already a member, or would like to receive email alerts as new comments are
made, please login or register.

Enter the code shown above:

(Note: If you cannot read the numbers in the above
image, reload the page to generate a new one.)

No Comments Found

Tuesday 03:07 PM
WMUR-TV Says FAA Drone Rules Preclude ENG
The FAA’s current rules and proposed ban on flight over people, requirement of visual line of sight and restriction on nighttime flying, effectively prohibit broadcasters from using UAS for newsgathering. ~ WMUR-TV General Manager Jeff Bartlett

D. Pagan Communications /   Friday 10:35 AM
Blue Line is Hot on the Trail of DPA Microphones
Clyne Media, Inc /   Thursday 09:51 PM
Focusrite Expands RedNet Range

Featured Articles
Discover TV Technology