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Scripps Reports July Revenue, Statistics

Posted on: Thursday, 10 August 2006, 09:00 CDT

CINCINNATI, Aug. 10 /PRNewswire-FirstCall/ -- The E. W. Scripps Company today reported July revenue and statistics for its Scripps Networks, newspaper and broadcast television divisions.

At Scripps Networks revenue was up 24 percent to $81.9 million in July compared with the same month a year ago.

July advertising revenue at Scripps Networks was up 21 percent and affiliate fee revenue increased 20 percent. Scripps Networks includes the company's portfolio of national cable and satellite television networks, including HGTV, Food Network, DIY Network, Fine Living and Great American Country (GAC).

HGTV and Food Network can each be seen in about 90 million U.S. television households. DIY Network and Fine Living each can be seen in about 38 million households. GAC reached 43 million U.S. households in July.

At newspapers managed solely by the company, total revenue was $56.6 million, even with the same period a year ago. Newspaper advertising revenue increased 1.0 percent during July.

Broken down by category, newspaper advertising revenue during the month was:

- Local, down 1.6 percent to $11.3 million. - Classified, up 1.2 percent to $19.4 million. - National, down 18 percent to $2.8 million. - Preprint, online and other, up 9.1 percent to $12.1 million.

At the company's broadcast television stations, July revenue was up 6.9 percent to $22.9 million. Broken down by category, broadcast television revenue was:

- Local, up 4.3 percent to $13.8 million. - National, down 2.5 percent to $6.6 million. - Political, $1.7 million compared with $600,000 in the year-ago period.

For competitive reasons, Scripps does not report monthly revenue and statistics for its interactive media division, which includes online search and price comparison services Shopzilla and uSwitch. The company reports revenue from the interactive media division on a quarterly basis.

About Scripps

The E. W. Scripps Company is a diverse and growing media enterprise with interests in national cable networks, newspaper publishing, broadcast television stations, electronic commerce, interactive media, and licensing and syndication.

The company's portfolio of media properties includes: Scripps Networks, with such brands as HGTV, Food Network, DIY Network, Fine Living, Great American Country and HGTVPro; daily and community newspapers in 18 markets and the Washington-based Scripps Media Center, home to the Scripps Howard News Service; 10 broadcast TV stations, including six ABC-affiliated stations, three NBC affiliates and one independent; leading online search and comparison shopping services, Shopzilla and uSwitch; and United Media, a leading worldwide licensing and syndication company that is the home of PEANUTS, DILBERT and approximately 150 other features and comics.

THE E. W. SCRIPPS COMPANY For more information: Unaudited Revenue and Statistical Summary Tim Stautberg Period: July The E. W. Scripps Company Report date: August 10, 2006 513-977-3826 REVENUE AND STATISTICAL SUMMARY FOR SELECTED OPERATING SEGMENTS (amounts in millions, unless otherwise noted ) July Year-to-date 2006 2005 % 2006 2005 % SCRIPPS NETWORKS Operating Revenues Advertising $61.9 $51.3 20.7 % $482.0 $412.9 16.7 % Affiliate fees, net 16.8 13.9 20.4 % 114.3 95.5 19.7 % Other 3.1 0.8 9.4 4.6 Scripps Networks $81.9 $66.0 24.0 % $605.8 $513.0 18.1 % Subscribers (1) HGTV 90.0 88.6 1.6 % Food Network 89.6 87.5 2.4 % Great American Country 43.0 38.8 10.8 % NEWSPAPERS (2) Operating Revenues Local $11.3 $11.5 (1.6)% $92.7 $91.6 1.2 % Classified 19.4 19.1 1.2 % 140.7 130.9 7.6 % National 2.8 3.4 (17.8)% 22.1 23.6 (6.4)% Preprints, online and other 12.1 11.1 9.1 % 84.9 76.1 11.6 % Newspaper advertising 45.5 45.0 1.0 % 340.5 322.2 5.7 % Circulation 10.1 10.6 (4.1)% 72.9 74.8 (2.6)% Other 0.9 1.0 (5.4)% 9.3 9.0 2.7 % Newspapers managed solely by us $56.6 $56.6 0.0 % $422.6 $406.1 4.1 % Ad inches (excluding JOAs) (in thousands) Local 400 400 0.1 % 3,100 3,150 (1.6)% Classified 811 767 5.8 % 5,716 5,209 9.7 % National 67 92 (27.1)% 576 655 (12.1)% Full run ROP 1,279 1,259 1.6 % 9,392 9,014 4.2 % BROADCAST TELEVISION Operating Revenues Local $13.8 $13.3 4.3 % $121.3 $110.9 9.4 % National 6.6 6.8 (2.5)% 60.2 56.8 5.9 % Political 1.7 0.6 5.4 1.1 Other 0.8 0.8 (5.0)% 6.3 8.1 (23.1)% Broadcast Television $22.9 $21.5 6.9 % $193.2 $176.9 9.2 % (1) Subscriber counts are according to the Nielsen Homevideo Index of homes that receive cable networks. (2) On February 1, 2006, we contributed the Boulder Daily Camera, the Colorado Daily and the twice-weekly Broomfield Enterprise in exchange for a 50% interest in a partnership we jointly operate with MediaNews Group Inc. To enhance comparability the reported revenues do not include operating revenues of these newspapers prior to the formation of the partnership. Our 50% share of the operating profit (loss) of the partnership is reported as "Equity in earnings of JOAs and other joint ventures" in our financial statements.

The E. W. Scripps Company

CONTACT: Tim Stautberg of The E. W. Scripps Company, +1-513-977-3826, orstautberg@scripps.com

Web site: http://www.scripps.com/

Source: PRNewswire-FirstCall

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