Broadcasting & Cable
LIN Media reported first quarter net revenues of $91.8 million, up 23% from the same quarter last year. Political revenues increased $2.9 million to $3.4 million in the quarter, compared to $0.5 million for the same quarter in 2009.
Digital revenues, including web and retransmission consent revenue, increased 47% to $13.2 million. Retrans fees alone were up 16% in the first quarter, compared to the same quarter last year.
LIN’s operating income was $16.3 million, well up from $4.8 million in the first quarter last year. More…