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Scripps Reports November Revenues

CINCINNATI, Dec 12, 2003 /PRNewswire-FirstCall via Comtex/ -- The E. W. Scripps Company's (NYSE: SSP) consolidated revenues for November increased 9.2 percent year- over-year to $176 million.

Revenues for the company's fastest growing division, Scripps Networks, were up 31 percent to $54.0 million. Advertising revenues during the month at Scripps Networks were up 33 percent and affiliate fee revenues increased 22 percent. Scripps Networks includes the company's portfolio of national cable and satellite television networks, including Home & Garden Television, Food Network, Fine Living and DIY -- Do It Yourself Network.

HGTV was available in about 84 million homes during November and Food Network reached about 83 million homes. DIY can be seen in about 24 million homes and Fine Living reaches about 20 million homes.

November revenues at the company's newspapers were up 5.5 percent year- over-year to $66.1 million. There was one additional Sunday during the month compared to the same year-ago period, which is reflected in the year-over-year revenue comparison for newspapers. Sunday traditionally is an important advertising day for newspapers.

Newspaper advertising revenues for the month, broken down by category, were:

     -- Local, down 2.5 percent to $16.7 million.
     -- Classified, up 8.2 percent to $18.3 million.
     -- National, up 8.8 percent to $3.8 million.
     -- Preprint and other, up 13 percent to $13.9 million.

The company's share of profits from its four joint newspaper operations, before editorial costs, was $9.8 million, up $1.4 million from November 2002.

At the company's 10 broadcast television stations, revenues for the month were $28.3 million, down 7.2 percent from November 2002. Broadcast television revenues reflect the relative absence of political advertising this year versus last. Political advertising for November was about $300,000 compared to $4.8 million for the month in 2002. Local broadcast television advertising was up 5 percent to $16.6 million and national advertising was up 15 percent to $10.1 million.

November revenues at the Shop At Home Network were down 2.9 percent to $19.0 million. Because of a decision to change how Shop at Home recognizes revenue made shortly after its acquisition by Scripps, November results do not include holiday and post-holiday activity as they did in the same period in 2002. Sales made on Thanksgiving Day and the final three days of November 2003 will be reflected in the December results.

Shop At Home was available to 45 million full-time equivalent households during the month, about even with November 2002.

Celebrating its 125th anniversary, The E.W. Scripps Company is a diverse media concern with interests in newspaper publishing, broadcast television, national television networks, interactive media and television-retailing. Scripps operates 21 daily newspapers, 10 broadcast TV stations, four cable and satellite television programming services and a home shopping network. All of the company's media businesses provide content and advertising services via the Internet.

Scripps Networks brands include Home & Garden Television, Food Network, DIY -- Do It Yourself Network and Fine Living. HGTV reaches about 84 million U.S. television households and Food Network can be seen in about 83 million households. Scripps Networks Web sites include FoodNetwork.com, HGTV.com, DIYnetwork.com and fineliving.com. Scripps Networks programming can be seen in 33 countries.

The company's home shopping subsidiary, Shop At Home Network, markets a growing range of consumer goods directly to television viewers and visitors to the Shop At Home Web site, shopathometv.com. Shop At Home reaches about 45 million full-time equivalent U.S. households.

Scripps also operates Scripps Howard News Service and United Media, which is the worldwide licensing and syndication home of PEANUTS and DILBERT.


      THE E.W. SCRIPPS COMPANY                      For more information:
      Unaudited Revenue and Statistical Summary     Tim Stautberg
      Period: November                              The E.W. Scripps Company
      Report date: December 12, 2003                513-977-3826

      For comparative purposes, this report excludes divested operations
    and unusual items, and includes acquired operations as if they had been
                          purchased January 1, 2002.

    (amounts in millions,        November (5)               Year-to-date
    unless otherwise noted)  2003      2002    %        2003      2002    %

    SEGMENT OPERATING REVENUES
    Newspapers              $66.1     $62.6   5.5 %   $633.8    $621.8   1.9 %
    Scripps Networks         54.0      41.1  31.2 %    485.8     378.8  28.3 %
    Broadcast Television     28.3      30.5  (7.2)%    279.4     280.2  (0.3)%
    Shop At Home (1)         19.0      19.5  (2.9)%    209.0     189.9  10.1 %
    Licensing and Other
     Media                    9.0       7.7  17.1 %     95.2      82.2  15.8 %

    TOTAL                  $176.4    $161.5   9.2 % $1,703.1  $1,552.8   9.7 %

    NEWSPAPERS (2)
      Operating Revenues
      Local                 $16.7     $17.1  (2.5)%   $152.0    $156.7  (3.0)%
      Classified             18.3      16.9   8.2 %    195.0     192.6   1.2 %
      National                3.8       3.5   8.8 %     35.6      31.2  14.2 %
      Preprints and other    13.9      12.3  13.4 %    113.9     103.9   9.6 %
      Newspaper advertising  52.7      49.8   5.8 %    496.4     484.3   2.5 %
      Circulation            11.8      11.3   5.1 %    124.4     125.9  (1.2)%
      Other                   1.5       1.5  (0.4)%     12.9      11.5  12.5 %

      Newspapers            $66.1     $62.6   5.5 %   $633.8    $621.8   1.9 %

      Ad inches (excluding JOAs) (in thousands)
      Local                   685       722  (5.2)%    6,540     6,880  (4.9)%
      Classified              901       860   4.7 %    9,690     9,407   3.0 %
      National                124       124   0.2 %    1,214     1,057  14.9 %
      Full run ROP          1,710     1,707   0.2 %   17,443    17,343   0.6 %

      Share of JOA operating
       profits (3)           $9.8      $8.4  16.5 %    $71.2     $66.8   6.5 %

    SCRIPPS NETWORKS
      Operating Revenues
      Advertising           $45.5     $34.3  32.6 %   $395.5    $301.1  31.4 %
      Affiliate fees, net     7.7       6.3  22.3 %     84.4      72.9  15.9 %
      Other                   0.7       0.5  51.2 %      5.9       4.8  22.7 %

      Scripps Networks      $54.0     $41.1  31.2 %   $485.8    $378.8  28.3 %

      Subscribers (4)
      HGTV                                              84.4      80.3   5.1 %
      Food Network                                      82.8      77.3   7.1 %

    BROADCAST TELEVISION
      Operating Revenues
      Local                 $16.6     $15.8   5.0 %   $169.1    $156.1   8.3 %
      National               10.1       8.8  14.8 %     92.5      87.2   6.1 %
      Political               0.3       4.8              3.1      23.7
      Other                   1.3       1.2   9.8 %     14.6      13.2  10.8 %

      Broadcast Television  $28.3     $30.5  (7.2)%   $279.4    $280.2  (0.3)%

    SHOP AT HOME (1)
      Operating Revenues
      As reported           $19.0     $19.5  (2.9)%   $209.0     $19.5
      Pro forma              19.0     $19.5  (2.9)%    209.0    $189.9  10.1 %

      Avg. full-time
       equivalent homes      45.0      45.1  (0.2)%     46.4      41.4  12.1 %

    (1)  Shop At Home was acquired October 31, 2002.
    (2)  For comparative purposes, certain 2002 newspaper revenues have been
         reclassified to conform to 2003 classifications.
    (3)  Excludes editorial costs.
    (4)  Subscriber counts are according to the Nielsen Homevideo Index of
         homes that receive cable networks.
    (5)  November 2003 had 5 Sundays, versus 4 in 2002.

SOURCE The E.W. Scripps Company

Tim Stautberg of The E. W. Scripps Company, +1-513-977-3826, or
stautberg@scripps.com
http://www.prnewswire.com