Lincoln Financial Media Q1 Income Up
May 3, 2007 at 8:23 AM (PT)
LINCOLN FINANCIAL MEDIA first quarter income rose year-to-year from $11.2 million to $12.4 million. The 2007 figure was aided by increases in the division's sports operations. Revenues stood at $67.2 million.
The division, part of LINCOLN FINANCIAL GROUP, owns radio and TV stations and a sports syndication and production company and has been subject to rumors that the operation, formerly JEFFERSON-PILOT COMMUNICATIONS, may be on the block again.