Nets' revenues flat in 2Q

Author:
Publish date:

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.

Related