Grey reported first-quarter results--announcing that total net revenues for all stations increased $1.3 million, or 2%, to $71.0 million reflecting increased political advertising revenues. Internet
revenues were partially offset by decreased local and national advertising revenues. Political advertising revenues increased $2.0 million, or 180%, to $3.1 million. Internet advertising revenue
increased $0.6 million, or 28%, to $2.6 million. Local advertising revenue decreased $1.0 million, or 2%, to $45.7 million. National advertising revenue decreased $0.8 million, or 4%, to $16.3
million.