MSLO Sees 3Q Gain As Broadcast Grows

Martha Stewart Living Omnimedia reported today reported third-quarter revenue of $52.2 million, up from $49.7 million a year ago, as publishing declines offset higher merchandising revenue. A decline in print ad pages led to the publishing dip, though digital advertising grew by 17%. In the broadcast unit, revenue was $6.6 million, up 14% year-over-year thanks to new programming like Emeril’s Table, which premiered in September on Hallmark Channel, and a MSLO programming block that includes The Martha Stewart Show, Martha Bakes and Mad Hungry With Lucinda Scala Quinn.

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