Quarterly earnings reports for the July-September period should show mid-single-digit growth year-over-year for local-ad-sales revenues, according to public filings and comments made by ad-sales executives in advance of earnings releases.
Industry bellwether Comcast, which represents roughly one-half of local-ad-sales revenues reported by the six largest publicly held U.S. cable companies, reported that its ad-sales revenue grew by 6.5% in Q3 after falling by 1.8% through the first six months of the year.
Insight Communications, which reported Q3 results Nov. 5, said its ad-sales revenues rose 5.5% for the latest quarter.
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