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TV Margins up double digits in Q1, 2010
The profit margins of TV station groups shot up 11 points to 35% in the first quarter of 2010 on top-line, year-over-year growth of 15.3%, according to an analysis of publicly traded groups by M.C. Alcamo & Co., a New York-based investment firm.
"The Great Recovery of 2010 is underway, and in broadcasting, it is strong," said President Michael Alcamo in a prepared statement. "Not all broadcasters are recovering equally, however," he said. "Some have already shown sharply higher profitability margins, while others will no doubt catch up in coming quarters." By: www.tvnewscheck.com, Staff
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