Jones Media Primarily Attributes Earnings Loss to Weak DRTV Market

Share this content:
Jones Media Networks Ltd., an independent provider of radio and cable television programming, has reported first-quarter consolidated revenues of $18.7 million, a decrease of 7 percent from the same quarter last year.


The company, which runs two cable television networks, Great American Country and Product Information Network, said PIN's results for the quarter were severely impacted by a weakened infomercial marketplace. The company said it reduced advertising rates for PIN because of the soft DRTV market.


The first quarter ended March 31.


The company's cable television programming segment reported first-quarter revenue of $8 million, a decrease of 8 percent from the same quarter last year.


Jones Media Networks, Englewood, CO, also runs a network radio business, which syndicates radio programming and services reaching roughly 152 million national listeners weekly, according to the company.


close

Next Article in Marketing Strategy

Sign up to our newsletters

Company of the Week

Brightcove is the world's leading video platform. The most innovative and respected brands confidently rely on Brightcove to solve their most demanding communication challenges because of the unmatched performance and flexibility of our platform, our global scale and reliability, and our award-winning service. With thousands of customers and an industry-leading suite of cloud video products, Brightcove enables customers to drive compelling business results.

Find out more here »

Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here

Relive the 2017 Marketing Hall of Femme

Click the image above