Journal Communications Reports September Revenue and Volume for Its Publishing and Broadcast Groups.MILWAUKEE Milwaukee (mĭlwŏk`ē), city (1990 pop. 628,088), seat of Milwaukee co., SE Wis., at the point where the Milwaukee, Menominee, and Kinnickinnic rivers enter Lake Michigan; inc. 1846. -- Journal Communications Journal Communications, Inc. NYSE: JRN is a a publicly traded media company based in Milwaukee, Wisconsin. It publishes the Milwaukee Journal Sentinel, a daily newspaper, and it also owns television stations, radio stations and weekly newspapers, among other , Inc. (NYSE NYSE See: New York Stock Exchange :JRN JRN - J. Random Nerd. See JRL. ) announced today that for the ninth period ended September September: see month. 25, 2005, total revenues for its Publishing and Broadcast groups of $49.25 million decreased 3.6% compared to $51.12 million reported for the ninth period ended September 26, 2004. The decrease in total revenues reflects, in part, lost revenues from Journal Community Publishing Group's Dixie Dixie popular name for Southern states in U.S. and for song. [Am. Hist.: EB, III: 587] See : Southern States Web Printing facility in New Orleans New Orleans (ôr`lēənz –lənz, ôrlēnz`), city (2006 pop. 187,525), coextensive with Orleans parish, SE La., between the Mississippi River and Lake Pontchartrain, 107 mi (172 km) by water from the river mouth; founded , which sustained damage during Hurricane Katrina  Editing of this page by unregistered or newly registered users is currently disabled due to vandalism. , as well as tougher broadcast comparisons due to
significant political, issue and Olympics Olympics Sports medicine An international competition among (traditionally) nonprofessional athletes trained in a particular summer or winter sport, which is held every 4 yrs in a selected city. See Paralympics, Special Olympics, World Medical Games. revenue generated in the 2004
ninth period. For the ninth period 2005, advertising revenues of $41.90
million decreased 3.6% compared to $43.46 million for the 2004 ninth
period. Both periods contained 35 days.Included in both the total revenues and the advertising revenues for the 2005 ninth period is the contribution from the Green Bay television operations, which were acquired on October October: see month. 6, 2004. Excluding the Green Bay operations, total revenues decreased 5.4% and advertising revenues decreased 5.6%. Note that unless otherwise indicated, all comparisons are to the ninth period ended September 26, 2004. At the Publishing segment, revenues at the daily newspaper and the community newspapers and shoppers totaled $31.88 million, essentially flat compared to $32.00 million. Advertising revenue was $24.52 million, essentially flat compared to $24.35 million. Circulation revenue of $4.52 million was essentially flat compared to $4.50 million. Other revenue of $2.84 million was down 9.9% in the period year over year, reflecting the loss of commercial printing due to Hurricane Katrina. At the daily newspaper, total advertising revenue was $18.13 million, up 2.6% compared to $17.66 million. Specifically, retail advertising revenue increased 5.4%, classified advertising revenue decreased 2.4%; and general advertising revenue decreased 11.4%. Other advertising revenue increased 14.7% to $2.51 million, reflecting growth in Journal Interactive and shared mail. Within classified advertising, the help wanted "Help wanted" is a request commonly made by an employer in search of an employee. It may also refer to:
At the Company's community newspapers and shoppers operations, total advertising revenue was $6.40 million, a decrease of 4.4% compared to $6.69 million. Specifically, retail advertising revenue decreased 6.5%, classified advertising revenue increased 14.8% and other advertising revenue decreased 34.7% to $0.13 million. Circulation revenue at the community newspapers and shoppers of $0.26 million decreased 23.6%. Other revenue at the community newspapers and shoppers of $2.36 million decreased 14.1%, reflecting the loss of commercial printing due to Hurricane Katrina. At the Broadcasting segment, total revenue at the Company's radio stations and television stations of $17.38 million, including the contribution of the Green Bay television operations, decreased 9.1%. This compares to total revenue of $19.11 million reported for the 2004 ninth period. Excluding the Green Bay operations, broadcast revenues decreased 13.7%. At the radio group, revenue was $9.19 million, an increase of 1.2% compared to $9.08 million. At the television group, revenue decreased 18.4% to $8.19 million, including the contribution from the Green Bay operations, due in part to tougher comparisons to last year's ninth period, which included significant political and issue advertising as well as the final week of the 2004 Summer Olympic Games The Summer Olympic Games or the Games of the Olympiad are an international multi-sport event held every four years, organised by the International Olympic Committee. (carried on our NBC NBC in full National Broadcasting Co. Major U.S. commercial broadcasting company. It was formed in 1926 by RCA Corp., General Electric Co. (GE), and Westinghouse and was the first U.S. company to operate a broadcast network. affiliates in Milwaukee and Palm Springs, California Palm Springs is a famed Riverside County, California desert resort city, approximately 110 miles (177 km) east of Los Angeles and 140 miles (225 km) northeast of San Diego. As of the 2000 census, the city population was 42,807. ). This compares to revenue of $10.04 million reported for the ninth period 2004. Excluding the Green Bay operations, television revenues decreased 27.2%. Forward-looking Statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. This press release may contain certain forward-looking statements related to our businesses that are based on our current expectations. Forward-looking statements are subject to certain risks, trends and uncertainties, including changes in advertising demand and other economic conditions that could cause actual results to differ materially from the expectations expressed in forward-looking statements. All forward-looking statements should be evaluated with the understanding of their inherent uncertainty. Our written policy on forward-looking statements can be found on page 1 of our most recent Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. filed with the Securities and Exchange Commission. About Journal Communications Journal Communications, Inc., headquartered in Milwaukee, Wisconsin For other places with the same name, see Milwaukee (disambiguation). Milwaukee is the largest city within the state of Wisconsin and 25th largest (by population) in the United States. , was founded in 1882. We are a diversified diversified (di·verˑ·s media and communications company Communications Company is a communications unit of the United States Marine Corps. They are part of Combat Logistics Regiment 37 , 3rd Marine Logistics Group (3MLG) and III Marine Expeditionary Force (III MEF). The unit is based out of the Marine Corps Base Camp Smedley D. with operations in publishing, radio and television broadcasting, telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. and printing services. We publish the Milwaukee Journal Sentinel The Milwaukee Journal Sentinel is a daily morning broadsheet printed in Milwaukee, Wisconsin, USA. It is the primary newspaper in Milwaukee, the largest newspaper in Wisconsin and is distributed widely throughout the state. , which serves as the only major daily newspaper for the Milwaukee metropolitan area, and more than 90 community newspapers and shoppers in eight states. We own and operate 38 radio stations and seven television stations in 11 states and operate an additional television station under a local marketing agreement. We also have signed an agreement with Emmis Communications Emmis Communications (NASDAQ: EMMS) is a media conglomerate based in Indianapolis, Indiana. The company owns radio and television stations and magazines in the United States, Belgium, Hungary and Slovakia. Corporation to purchase three additional television stations located in Omaha, Tucson Tucson (t  `sŏn'), city (1990 pop. 405,390), seat of Pima co., SE Ariz.; inc. 1877. and Fort Myers, Florida Fort Myers is the county seatGR6 and commercial center of Lee County, Florida. The population was 48,208 at the 2000 census. According to the 2006 U.S. Census Bureau's Estimates, the city had a population of 60,531. . Through our telecommunications segment, we own
and operate a regional fiber optic optic /op·tic/ (op´tik) ocular (1). op·tic or op·ti·cal adj. 1. Of or relating to the eye or vision. 2. network in the upper Midwest The Upper Midwest is a region of the United States with no universally agreed-upon boundary, but it almost always lies within the US Census Bureau's definition of the Midwest and includes the states of Minnesota and Wisconsin, as well as at least the Upper Peninsula of Michigan. , provide integrated data communications data communications, application of telecommunications technology to the problem of transmitting data, especially to, from, or between computers. In popular usage, it is said that data communications make it possible for one computer to "talk" with another. solutions for small and mid-size businesses and offer network transmission solutions for other service providers. We also provide a wide range of commercial printing services - including printing for publications, professional journals and documentation material - as well as electronic publishing An umbrella term for non-paper publishing, which includes publishing online or on media such as CDs and DVDs. , kit assembly and fulfillment ful·fill also ful·fil tr.v. ful·filled, ful·fill·ing, ful·fills also ful·fils 1. To bring into actuality; effect: fulfilled their promises. 2. . In addition, we operate a direct marketing services business. Tables Follow
Journal Communications, Inc.
Publishing Segment Information (unaudited)
(dollars in thousands)
Publishing revenue by category:
-------------------------------
Ninth period of 2005 (A) Ninth period of 2004 (B)
----------------------------- -----------------------------
Community Community
Daily Newspapers Daily Newspapers
Newspaper & Shoppers Total Newspaper & Shoppers Total
--------- ---------- -------- --------- ---------- --------
Advertising
revenue:
Retail $8,119 $5,192 $13,311 $7,706 $5,553 $13,259
Classified 6,627 1,073 7,700 6,788 935 7,723
General 873 -- 873 985 -- 985
Other 2,506 130 2,636 2,184 199 2,383
--------- -------- --------- --------- -------- ---------
Total
advertising
revenue 18,125 6,395 24,520 17,663 6,687 24,350
Circulation
revenue 4,258 262 4,520 4,159 343 4,502
Other
revenue 474 2,364 2,838 400 2,751 3,151
--------- -------- --------- --------- -------- ---------
Total
revenue $22,857 $9,021 $31,878 $22,222 $9,781 $32,003
========= ======== ========= ========= ======== =========
% Change % Change % Change
Daily CN&S Total
--------- --------- ----------
Advertising revenue:
Retail 5.4 (6.5) 0.4
Classified (2.4) 14.8 (0.3)
General (11.4) -- (11.4)
Other 14.7 (34.7) 10.6
Total advertising revenue 2.6 (4.4) 0.7
Circulation revenue 2.4 (23.6) 0.4
Other revenue 18.5 (14.1) (9.9)
Total revenue 2.9 (7.8) (0.4)
Nine periods of 2005 (C) Nine periods of 2004 (D)
----------------------------- -----------------------------
Community Community
Daily Newspapers Daily Newspapers
Newspaper & Shoppers Total Newspaper & Shoppers Total
--------- ---------- -------- --------- ---------- --------
Advertising
revenue:
Retail $59,477 $41,277 $100,754 $59,073 $41,444 $100,517
Classified 50,167 7,427 57,594 48,822 6,906 55,728
General 7,931 -- 7,931 8,503 -- 8,503
Other 17,694 1,395 19,089 14,999 1,480 16,479
--------- -------- --------- --------- -------- ---------
Total
advertising
revenue 135,269 50,099 185,368 131,397 49,830 181,227
Circulation
revenue 31,423 2,165 33,588 32,330 2,169 34,499
Other
revenue 4,823 21,452 26,275 4,305 21,741 26,046
--------- -------- --------- --------- -------- ---------
Total
revenue $171,515 $73,716 $245,231 $168,032 $73,740 $241,772
========= ======== ========= ========= ======== =========
% Change % Change % Change
Daily CN&S Total
--------- --------- ----------
Advertising revenue:
Retail 0.7 (0.4) 0.2
Classified 2.8 7.5 3.3
General (6.7) -- (6.7)
Other 18.0 (5.7) 15.8
Total advertising revenue 2.9 0.5 2.3
Circulation revenue (2.8) (0.2) (2.6)
Other revenue 12.0 (1.3) 0.9
Total revenue 2.1 (0.0) 1.4
(A) 2005 ninth period: August 22 to September 25, 2005.
(B) 2004 ninth period: August 23 to September 26, 2004.
(C) Nine periods of 2005: December 27, 2004 to September 25, 2005.
(D) Nine periods of 2004: January 1, 2004 to September 26, 2004.
NOTE: Publishing segment information is provided to facilitate
comparison of our publishing segment results with those of other
publishing companies and is not representative of the overall business
of Journal Communications or its operating results. The revenues for
both the period and the year-to-date are not necessarily indicative of
the results that may be expected for the fiscal year ending December
25, 2005.
Daily newspaper's core newspaper advertising linage by category and
core newspaper and shared mail preprint pieces:
-------------------------------------------------------------------
Ninth period (A)(B)
---------------------
2005 2004 % Change
---------- ---------- ----------
Advertising linage (inches):
Full run
Retail 68,534 70,754 (3.1)
Classified 82,120 89,059 (7.8)
General 3,114 4,698 (33.7)
---------- ----------
Total full run 153,768 164,511 (6.5)
Part run 18,554 21,782 (14.8)
---------- ----------
Total advertising linage 172,322 186,293 (7.5)
========== ==========
Preprint pieces (in thousands) 88,249 77,837 13.4
========== ==========
Full pages of advertising and revenue per page of our community
newspapers and shoppers:
---------------------------------------------------------------
Full pages of advertising:
Community newspapers 9,534 9,866 (3.4)
Shoppers and specialty products 10,245 11,274 (9.1)
---------- ----------
Total full pages of advertising 19,779 21,140 (6.4)
========== ==========
Revenue per page $291.35 $282.63 3.1
========== ==========
Daily newspaper's core newspaper advertising linage by category and
core newspaper and shared mail preprint pieces:
-------------------------------------------------------------------
Nine periods (C)(D)
---------------------
2005 2004 % Change
---------- ---------- ----------
Advertising linage (inches):
Full run
Retail 516,148 525,055 (1.7)
Classified 602,205 649,910 (7.3)
General 34,046 40,141 (15.2)
---------- ----------
Total full run 1,152,399 1,215,106 (5.2)
Part run 126,107 121,471 3.8
---------- ----------
Total advertising linage 1,278,506 1,336,577 (4.3)
========== ==========
Preprint pieces (in thousands) 637,163 566,643 12.4
========== ==========
Full pages of advertising and revenue per page of our community
newspapers and shoppers:
---------------------------------------------------------------
Full pages of advertising:
Community newspapers 68,645 74,956 (8.4)
Shoppers and specialty products 81,665 81,557 0.1
---------- ----------
Total full pages of advertising 150,310 156,513 (4.0)
========== ==========
Revenue per page $297.57 $283.53 5.0
========== ==========
(A) 2005 ninth period: August 22 to September 25, 2005.
(B) 2004 ninth period: August 23 to September 26, 2004.
(C) Nine periods of 2005: December 27, 2004 to September 25, 2005.
(D) Nine periods of 2004: January 1, 2004 to September 26, 2004.
NOTE: Publishing segment information is provided to facilitate
comparison of our publishing segment results with those of other
publishing companies and is not representative of the overall business
of Journal Communications or its operating results. All data are
subject to later adjustment.
Journal Communications, Inc.
Broadcasting Segment Information (unaudited)
(dollars in thousands)
Broadcasting revenue by radio and television:
---------------------------------------------
Ninth period of 2005 (A) Ninth period of 2004 (B)
------------------------------ ------------------------------
Radio Television Total Radio Television Total
--------- ---------- --------- --------- ---------- ---------
Revenue $9,186 $8,190 $17,376 $9,079 $10,035 $19,114
========= ========== ========= ========= ========== =========
% Change % Change % Change
Radio Television Total
---------- ---------- -----------
Revenue 1.2 (18.4) (9.1)
Nine periods of 2005 (C) Nine periods of 2004 (D)
------------------------------ ------------------------------
Radio Television Total Radio Television Total
--------- ---------- --------- --------- ---------- ---------
Revenue $61,574 $59,055 $120,629 $58,920 $61,927 $120,847
========= ========== ========= ========= ========== =========
% Change % Change % Change
Radio Television Total
---------- ---------- -----------
Revenue 4.5 (4.6) (0.2)
(A) 2005 ninth period: August 22 to September 25, 2005.
(B) 2004 ninth period: August 23 to September 26, 2004.
(C) Nine periods of 2005: December 27, 2004 to September 25, 2005.
(D) Nine periods of 2004: January 1, 2004 to September 26, 2004.
NOTE: Broadcasting segment information is provided to facilitate
comparison of our broadcasting segment results with those of other
broadcasting companies and is not representative of the overall
business of Journal Communications or its operating results. The
revenues for both the period and the year-to-date are not necessarily
indicative of the results that may be expected for the fiscal year
ending December 25, 2005.
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