Strong Scripps—Net Income Up 20% on Strong Ad Sales, Affiliate Fees
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| November 2, 2012
Higher revenue from advertising and affiliate fees helped Scripps Networks Interactive to 20% YOY growth in net income in 3Q, with the company earning $118.4mln. Revenue rose 12% to $566.2mln. Digital revenue and traffic from mobile are up as well. Read on for details on how Scripps 1st TVE deal with Comcast will shape deals to come and the company’s expectations with Travel Channel and affiliate fees.
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