Thursday, July 18, 2002
  • Cingular Continues NCAA Effort

    Cingular Wireless is auctioning one of the giant basketballs autographed by basketball stars and fans during its three-week long FanExpress tour leading up to the NCAA Men's and Women's Final Four. The six-foot basketball was a main attraction on the nationwide interactive touring exhibit, which began in March. Former NBA greats Bill Walton, Ralph Sampson and Otis Birdsong along with NCAA coaches Dale Brown and Jim Harick, signed their names to the giant ball along with basketball fans from around the country. As an NCAA corporate partner in 2002, Cingular Wireless used its affiliation to give basketball fans and potential ... ...Read the whole story

  • Media General Led By Big TV Increase

    Driven by a substantial increase in broadcast revenues, Media General announced Q2 revenues were up 2.9% today. The company took in $212 million and compared with revenues of $206 million in the same period last year. That led to a $53 million profit, and a 30% increase compared with $41 million in the 2001 second quarter. The company’s newspaper division, which includes local papers such as The Tampa Tribune continued to post falling ad revenue numbers however. Newspaper revenues were down 3.9%, compared to the 2001 second quarter. Retail and national advertising continued to dip below last year, while classified ... ...Read the whole story

  • Tribune Co. Shows Slight Q2 Increase

    Tribune Company’s Q2 added a bit of good news for the newspaper and TV revenue 2002 second quarter ad picture. Overall corporate operating revenues increased 1% to $1.38 billion from $1.37 billion in the 2001 second quarter. Tribune's operating profit increased 16% to $343 million, compared with $297 million last year. June advertising revenues were up 7% for the broadcasting division, which includes Chicago’s WGN-TV. Revenues were up 1% at newspapers, which operate dailies in 11 markets including The Hartford Courant and Chicago Tribune. Retail advertising was up 2% year-over-year. An increase in the food, hardware and furniture/home furnishings categories ... ...Read the whole story