Losses at newspaper publisher AH Belo (NYSE: AHC) (NYSE: BLC) grew considerably in the first quarter, to $103.1 million ($5.03 per share) from $8.7 million ($0.43 per share) a year ago, mostly on writedowns and the devastating advertising climate. It it hadn’t been hit by special charges, the owner of the Dallas Morning News and Rhode Island’s Providence Journal would have lost $18.1 million ($0.91 per share). The company recalled that in January it said it was cutting 500 jobs—about 14 percent of AH Belo’s workforce—in a bid to save $27 million. But so far, it can do little to stop the downward spiral in ad revenues, which, including print and online, fell 28.2 percent. The company, which is separate from its broadcast sibling Belo Corp., said that it experienced ad declines in all its markets in Q1. Earnings release| Webcast (12:30 PM EDT)

Losses at newspaper publisher AH Belo (NYSE: AHC) (NYSE: BLC) grew considerably in the first quarter, to $103.1 million ($5.03 per share) from $8.7 million ($0.43 per share) a year ago, mostly on writedowns and the devastating advertising climate. It it hadn’t been hit by special charges, the owner of the Dallas Morning News and Rhode Island’s Providence Journal would have lost $18.1 million ($0.91 per share). The company recalled that in January it said it was cutting 500 jobs—about 14 percent of AH Belo’s workforce—in a bid to save $27 million. But so far, it can do little to stop the downward spiral in ad revenues, which, including print and online, fell 28.2 percent. The company, which is separate from its broadcast sibling Belo Corp., said that it experienced ad declines in all its markets in Q1. Earnings release| Webcast (12:30 PM EDT)

After reporting widening losses in Q4, Dallas broadcaster Belo (NYSE: BLC) posted a slight profit of $8.9 million ($0.09 per share), versus last year’s $0.11 per share loss. That return to profitability had a great deal to do with the fact that Belo did not have any costs related to the company’s spin-off into a broadcast side and a newspaper publisher, which is known as AH Belo (NYSE: AHC) and trades separately. Still, the company’s debt stands at $1.078 billion, though it was able to reduce that amount by $15 million since the the start of the year. In the meantime, the recession pounded away at revenues, as total revenue fell 23.6 percent to $133 million. Ad revenue from to Belo’s broadcast-related websites decreased 5.4 percent to $6.5 million, which represents 5 percent of total revs. Belo President Dunia A. Shive (pictured, right) said the online revenues for Q2 are trending flat so far, while the rest of this quarter resembles Q1 fairly closely. Earnings release | Webcast 2:00 PM EDT

After reporting widening losses in Q4, Dallas broadcaster Belo (NYSE: BLC) posted a slight profit of $8.9 million ($0.09 per share), versus last year $0.11 per share loss. That return to profitability had a great deal to do with the fact that Belo did not have any costs related to the spinoff of the company into a broadcast side and a newspaper publisher, which is known as AH Belo (NYSE: AHC) and trades separately. Still, the company’s debt stands at $1.078 billion, though it was able to reduce that amount by $15 million since the the start of the year. In the meantime, the recession pounded away at revenues, as total revenue fell 23.6 percent to $133 million. Ad revenue from to Belo’s broadcast-related websites decreased 5.4 percent to $6.5 million, which represents 5 percent of total revs. Dunia A. Shive, Belo’s president said the online revenues for Q2 are trending flat so far, while the rest of this quarter resembles Q1 fairly closely. Earnings release | Webcast 2:00 PM EDT

—Time Warner (NYSE: TWX) Inc. When: Wednesday (before the market opens) Key estimates: consensus estimates are net revenue of $6.8 billion, and earnings-per-share (EPS) of $0.46. What to look for: Many will be watching how AOL ad revenue fared during the quarter - most analysts expect it to decline around 20 percent, which we estimate could imply display ad declines in excess of 30 percent. AOL has had difficulty turning its traffic into revenue; the company recently hired Google (NSDQ: GOOG) ad-sales vet Tim Armstrong to help change that, so results below these already low expectations or indications that conditions remain poor in the second quarter 2009 would indicate the company has a long way to go to turn itself around. (Of course, the opposite applies in the case of a positive surprise). Time Inc. is in an equally precarious position. Analysts expect its ad revenue to decline more than 25 percent during the quarter. The company has recently made aggressive moves to improve results at Time Inc., slashing the workforce and announcing it would experiment with paid online magazines. But worse-than-expected results may lead some to call for more drastic measures.  Viacom (NYSE: VIA), IAC (NSDQ: IACI) and more, after the jump —Viacom When: Thursday (after the market closes) Key estimates: consensus estimates are net revenue of $3 billion, and earnings-per-share (EPS) of $0.30. What to look for: Will Viacom’s model of dual revenue streams—from subscriptions and advertising—continue to perform better than that of broadcast TV?  Consensus estimates look for 5 percent declines from cable during the first quarter of 2009, which assumes 11 percent declines in U.S. advertising and 1 percent declines in international advertising. Most analysts expect sales of the video game Rock Band to decline 25 percent in the quarter as consumers increasingly tighten their belts.  —Interactive Corp. When: Wednesday (before the market closes) Key estimates: consensus estimates are net revenue of $330 million, and earnings-per-share (EPS) of $0.01. What to look for:After Yahoo (NSDQ: YHOO), Microsoft (NSDQ: MSFT), and AOL have reported, there may not be too many surprises left with display advertising - the three control the lion’s share of online display advertising. But don’t forget IAC, which earns over a billion in annual revenue. Most analysts expect display revenue to decline 20 percent to 25 percent during the quarter, but don’t be too surprised if it comes in slightly worse.  Other companies to report this week: Monday Baidu (NSDQ: BIDU) (After Market) Tuesday Dreamworks (After Market) Interpublic (Before Market) McGraw-Hill (NYSE: MHP) (Before Market) Wednesday Akamai (NSDQ: AKAM) (After Market) IAC (Before Market) Meredith (NYSE: MDP) (Before Market) Time Warner (Before Market) Thursday Belo (NYSE: BLC) (Before Market) Comcast (NSDQ: CMCSA) (Before Market) Comscore (NSDQ: SCOR) (After Market) MSLO (Before Market) Motorola (NYSE: MOT) (Before Market) Viacom (Time Not Supplied) Friday Washington Post (NYSE: WPO) (Time Not Given)

Belo Corp. (BLC)

Q4 2009 Earnings Call

February 4, 2010 2:00 pm ET

Complete Story »

Question-and-Answer Session. Operator Operator Instructions Your first question comes from Edward Atorino - Benchmark Co. Edward Atorino - Benchmark Co. First on that credit is that sort of even in your first, second quarter or Nextel credit? Dunia Shive The Nextel credit, I can’t give you the specifics because...

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Below are the top 5 broadcasting TV stocks on the NASDAQ and the NYSE in terms of gross profits.

The trailing-twelve-month gross profits at CBS Corporation (NYSE: CBS) are $14.08 billion. Jefferies & Co upgraded CBS from “hold” to “buy.” Read more on this stock.

The trailing-twelve-month gross profits at CTC Media Inc (NASDAQ: CTCM) are $483.7 million. CTCM’s quarterly earnings growth is 23.30% y/y. Read more on this stock.

The trailing-twelve-month gross profits at Sinclair Broadcast Group Inc (NASDAQ: SBGI) are $480.7 million. SBGI’s quarterly earnings growth is 46.60% y/y. Read more on this stock.

The trailing-twelve-month gross profits at Central European Media Enterprises Ltd (NASDAQ: CETV) are $365 million. CETV’s 52-week trading range is $4.67-$38.61 and the shares closed at $29.26 yesterday. Read more on this stock.

The trailing-twelve-month gross profits at Belo Corp (NYSE: BLC) are $357.7 million. BLC’s trailing-twelve-month operating margins are 21.47%. Read more on this stock.

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( click to enlarge ) (MOT) - I will take long positions at this point hoping that this stock has reached the bottom. The reason for that is due to the fact that the stock has traded a huge amount of shares on Monday, again, probably a sign of capitulation. Could this be the reversal ? ...

We continue to favor the companies with strong competitive advantages.[More...]

The second edition of  Fitch Ratings’ annual ‘Credit Encyclo-Media‘ report makes for some grim reading. As was the case last year, The Interpublic Group is only rated issuer with a “Positive” outlook .  All other companies  are either Stable or Negative: Diversified Media –CBS Corporation (’BBB’; Outlook Stable) –Cox Enterprises (’BBB’; Outlook Stable) –Discovery Communications LLC [...]

According to Russell, the stocks below will be added to the Russell Microcap Index when it is reconstituted at the end of the month.  This list is preliminary and may be changed when the final list is released on June 29, 2009. Remember, approximately half of the names in the Russell Microcap Index are also in [...]

Daily Financial Video News Blog & Podcast: KB Home Chief Getting $175 Million Severance pay; Yahoo Signs Deal for Newspaper Classified Ads; Eastman Kodak Found to Not have Misled Shareholders; Delat Airlines Recalls Maintenance Workers. (DALRQ) (LCC) (GOOG) (BLC) (KBH) (YHOO) (EK)

Earnings Reports, NBC Rocked by 2.0, and Lots of Ad Talk (SNE) (TWX) (YHOO) (DJ) (AAPL) (BLC) (GOOG) (NYT) (TRB)

Triple Witching and DWA Polls with Tom Dorsey and Tammy Derosier