Central Newspapers Reports Revenues For Four Weeks Ended May 25, 1997.INDIANAPOLIS--(BUSINESS WIRE)--June 12, 1997--Central Newspapers, Inc. today announced an increase of 14.0% in revenues for the four weeks ended May 25, 1997 compared with the four weeks ended May 26, 1996. Full run-of-press (ROP (1) (Raster Operation) An instruction that manipulates the bits of a bitmapped image in some manner. (2) (RISC Operation) An instruction in a RISC processor. ) advertising linage lin·age also line·age n. 1. The number of lines of printed or written material. 2. Payment for written work at a specified amount per line. linage Noun 1. for the fiscal month was up 8.5% compared with the prior year. Revenue % of (In Thousands) Change Unaudited From 1997 1996 Prior Year Current period $56,349 $49,447 +14.0% Year-to-date Year-to-date (YTD) The period beginning at the start of the calendar year up to the current date. $283,381 $243,769 +16.2% Central Newspapers is a media company that publishes daily, Sunday Sunday: see Sabbath; week. and weekly newspapers including The Arizona Arizona (âr'əzō`nə), state in the southwestern United States. It is bordered by Utah (N), New Mexico (E), Mexico (S), and, across the Colorado R., Nevada and California (W). Republic; The Indianapolis Indianapolis (ĭn'dēənă`pəlĭs), city (1990 pop. 731,327), state capital and seat of Marion co., central Ind., on the White River; selected 1820 as the site of the state capital (which was moved there in 1825), inc. 1847. Star, The Indianapolis News The Indianapolis News was an evening newspaper published for 130 years, beginning December 7, 1869, and ending publication on October 1, 1999. At one time it had the largest circulation in the state of Indiana, and was the oldest Indianapolis newspaper in existence. , Muncie Star Press, as well as smaller community papers in Indiana Indiana, state, United States Indiana, midwestern state in the N central United States. It is bordered by Lake Michigan and the state of Michigan (N), Ohio (E), Kentucky, across the Ohio R. (S), and Illinois (W). ; the Alexandria Daily Town Talk in Louisiana Louisiana (ləwē'zēăn`ə, l  ē'–), state in the S central United States. It is bounded by Mississippi, with the Mississippi R. , and High Technology Careers Magazine. It also organizes job
fairs for the high-tech and service industries. Central Newspapers is
the 10th largest publicly traded U.S. newspaper company in terms of
circulation.
CENTRAL NEWSPAPERS, INC.
PERIOD REVENUE AND STATISTICAL REPORT
(Unaudited)
Four Weeks Ended Twenty-One Weeks Ended
May 25, May 26, Year-to-Date
1997 1996 % Change 1997 1996 % Change
CONSOLIDATED REVENUES - NET:
(in thousands)
Advertising $43,512 $38,431 13.2% $214,968 $186,191 15.5%
Circulation 10,977 10,400 5.5% 57,513 55,243 4.1%
Other 1,860 616 202.0% 10,900 2,335 366.8%
Total $56,349(1) $49,447 14.0% $283,381(1) $243,769 16.2%
AVERAGE PAID CIRCULATION:
Phoenix:
Daily (2) 453,207 453,942 -0.2% 476,732 483,546 -1.4%
Sunday 564,152 567,396 -0.6% 603,927 606,258 -0.4%
Indianapolis:
Morning 235,021 244,974 -4.1% 230,476 232,524 -0.9%
Evening 42,991 57,748 -25.6% 43,954 59,272 -25.8%
Sunday 395,855 406,681 -2.7% 393,890 403,335 -2.3%
ADVERTISING LINAGE FOR MAJOR DAILIES: (3)
(Thousands of inches)
Full run ROP:
Retail 212.1 208.6 1.7% 1,045.7 959.2 9.0%
National 34.3 28.5 20.3% 167.8 113.2 48.2%
Classified 253.4 223.3 13.5% 1,273.5 1,084.0 17.5%
Total 499.8 460.4 8.5% 2,487.0 2,156.4 15.3%
Part run ROP 118.4 116.7 1.5% 544.6 565.1 -3.6%
FULL RUN LINAGE FOR MAJOR MARKETS:
Phoenix (3) 225.8 214.9 5.1% 1,133.6 1,062.3 6.7%
Indianapolis 274.0 245.5 11.6% 1,353.4 1,094.1 23.7%
Total 499.8 460.4 8.5% 2,487.0 2,156.4 15.3%
NUMBER OF PREPRINTS 443 424 4.5% 2,118 2,065 2.6%
DISTRIBUTED
(1) Amounts include $1.4 million in the 1997 four week period and $11.2 million in the 1997 year-to-date period of revenues from the acquisition of the Westech group of companies, which occurred in February 1997. The 1997 year-to-date period also includes $2.8 million of revenues from McCormick and Company, Inc. for January and February, 1997. McCormick was not owned in January and February of 1996. (2) Phoenix Newspapers, Inc. ceased publication of its evening paper, The Phoenix Gazette The Phoenix Gazette was a newspaper published in Phoenix, Arizona, USA. It was founded in 1881, and was known in its early years as the Phoenix Evening Gazette. It was purchased by the owners of its rival Arizona Republic around 1930. , in January 1997. Daily circulation includes combined morning and evening circulation for the current and prior years. (3) For comparability, linage statistics have been adjusted to exclude The Phoenix Gazette. CONTACT: Arthur Schmidt & Associates Inc. 212/953-5555 |
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