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Nets' revenues flat in 2Q

By Steve McClellan -- Broadcasting & Cable, 8/11/2003 4:00:00 AM

Net revenues for the "Big Three" networks were essentially flat in the second quarter at $2.7 billion, according to numbers compiled by Ernst & Young LLP and released by the Broadcast Cable Financial Management Association last week.

Prime time, however, was up 8% to $1.7 billion, while the late-night, morning and daytime dayparts all showed double-digit gains.

Sports was down 46% to $238 million.

For the first six months, combined Big Three revenues were down 6% to $5.4 billion, due in large part to 2002 Salt Lake City Olympic Games spending.

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