Broadcast Q1 financial results: Radio One sales rose 59...

Broadcast Q1 financial results: Radio One sales rose 59 percent from the year-ago quarter to $103 million on revenue from its TV One cable programmer and what CEO Alfred Liggins called “strong ratings related growth in Atlanta and our newly revamped Detroit cluster” of radio stations. Operating income more than doubled to $13.8 million. Political revenue will give the stations “some lift” this year, Liggins said (http://xrl.us/bm55g3). ... Fisher Communications revenue fell 10 percent to $33.9 million from Q1 2011 because Fisher Plaza in Seattle was sold. Retransmission consent revenue rose 8 percent, Fisher said without giving a total, and political ads weren’t “meaningful” as they usually are in election years. The net loss widened to $1.9 million from $1.7 million.