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SILVER KING COMMUNICATIONS, INC. ANNOUNCES CORRECTED THIRD QUARTER RESULTS

 ST. PETERSBURG, Fla., June 24 /PRNewswire/ -- Silver King Communications, Inc. (NASDAQ Small Cap: SKTV) today announced its corrected financial results for the quarter ended May 31, 1993. Total revenues increased 1.6 percent, or $.2 million, to $11.7 million from $11.5 million in the quarter ending May 31, 1992. For the third quarter of fiscal 1993, SKTV had a net loss of ($1.6) million or ($.18) per share compared to a net loss in the comparable quarter last fiscal year of ($4.2) million, or ($.48) per share. SKTV inaccurately reported on June 22, 1993, sales of $11.2 million and a net loss of ($1.7) million, or ($.19) per share for the third quarter of fiscal 1993. All year-to- date results previously reported on June 22, 1993 were accurate.
 SKTV owns and operates 12 independent full power UHF television broadcast stations which serve eight of the 12 largest television markets in the United States, including New York, Los Angeles and Chicago, and have an audience reach in excess of 27.5 million households.
 -0- 6/24/93
 /CONTACT: Steven Grant of Silver King Communications, Inc., 813-573-0339/
 (SKTV)


CO: Silver King Communications, Inc. ST: Florida IN: ENT TLS SU: ERN

JB -- FL006 -- 5647 06/25/93 10:19 EDT
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Publication:PR Newswire
Date:Jun 25, 1993
Words:213
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