Broadcast Financials: Hearst Argyle TV revenue was $188.5 millio...
Broadcast Financials: Hearst Argyle TV revenue was $188.5 million in the 2nd quarter ended June 30 down from $198 million the year before. Operating income was $63.7 million down from $77.5 million. The decrease in total revenue was due…
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to a $9.7 million decrease in net political ads and a $2.6 million drop in network compensation… Beasley Bcstg. Group net revenue rose 7% to $33 million in the 2nd quarter and net income remained virtually unchanged at $3.8 million.