Media Q1 results: Mediacom Communications’ Mediacom Broadband...

May 7, 2013 |Communications Personals

Media Q1 results: Mediacom Communications’ Mediacom Broadband and Mediacom LLC each reported results (http://bit.ly/15sSh2L). Mediacom Broadband sales rose 1.8 percent to $225.3 million from Q1 2012 as the company added fewer primary service units than in the year-ago quarter, as also occurred at Mediacom LLC. That unit’s sales rose 1.4 percent to $171 million. Both businesses lost video customers and added broadband subscribers. ... E.W. Scripps sales fell 4.1 percent to $198.7 million from the year-ago quarter, it said in a news release Monday (http://bit.ly/11cvcQF). “More than half of the decline was due to the near-absence of political advertising revenue in 2013.” The loss from operations grew 2.7 percent to $7.6 million. “Tough year-over-year revenue comparisons caused by cyclical political advertising will continue through the balance of 2013,” said CEO Rich Boehne.