LIN Revenue Up 27%

LIN Media reported third quarter television revenue of $103.6 million, a 27% increase from the same quarter a year ago.

Digital revenues, including retransmission consent fees, grew 54% to $16 million. Core local and national advertising, not including political ads, was up 13% in the quarter.

LIN has booked $12.5 million worth of political revenue in the third quarter.

"We delivered strong third quarter results, despite a late start to the political season and continued economic uncertainty," said LIN President/CEO Vincent Sadusky. "Our digital business grew more than 50% in both revenue and user engagement compared to prior year, and continues to be a significant source of growth and opportunity."

LIN expects fourth quarter net revenue to increase between 16% and 22%, compared to the previous year's fourth quarter.

The Providence-based company owns, operates or services 32 TV stations, including WPRI Providence and WISH Indianapolis.

Michael Malone

Michael Malone, senior content producer at B+C/Multichannel News, covers network programming, including entertainment, news and sports on broadcast, cable and streaming; and local broadcast television. He hosts the podcasts Busted Pilot, about what’s new in television, and Series Business, a chat with the creator of a new program, and writes the column “The Watchman.” He joined B+C in 2005. His journalism has also appeared in The New York Times, The Philadelphia Inquirer, Playboy and New York magazine.