Tuesday, July 30, 2013

MSLO Reports Q2 Results


http://www.mediapost.com/publications/article/205699/mslo-publishing-tv-revenues-fall.html#axzz2aYo3fL7t
Martha Stewart Living Omnimedia reported that revenues fell 11.9% from $47.9 million in the second quarter of 2012 to $42.2 million in the second quarter of 2013, as an increase in merchandising revenues was offset by decreases in publishing and broadcasting.
Total publishing revenues tumbled 16% from $28.8 million to $24.2 million, due largely to the absence of Whole Living and Everyday Food, which were closed towards the end of 2012. On a same-title basis, MSLO’s other magazines actually saw total print advertising revenues increase slightly, according to MSLO interim Principal Executive Officer Dan Taitz. Digital advertising revenues also increased in the quarter.