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3 million from sale of interest in the Dallas Mavericks and American Airlines Center Belo attributed the year-to-year gain in part to accounting changes and television political advertisements reported a fourth-quarter profit Friday, helped by strong political advertising that boosted TV profits The fourth-quarter results also included a $2 million gain from the curtailment of a medical benefits program for retirees, and $2 Posts Gain in Fourth Quarter Feb 7, 6:57 PM EST Media company Belo Corp 3 million, or $1 8 million in the fourth quarter of 2001 TV revenues were $187 8 million, or 40 cents per share, compared with a loss of $2 It also owns numerous Web sites For the three months ending Dec 7 million, or 2 cents per share 36 billion in 2001 Fourth-quarter revenues were $394 8 million during the quarter, compared with $185 belo â€â€?â€â€?â€â€? On the Net: http://www Both are expected to post single-digit gains in the first quarter, Belo said Revenues for the year were $1 5 million in the same period the year before 1 million, compared with $348 Belo Corp Belo owns owns 19 TV stations and four daily newspapers including The Dallas Morning News Newspaper revenues also showed improvement, rising to $196 5 million, or 2 cents per share, in the same period a year ago 7 million in the same period the year before 43 billion, compared with $1 31, the Dallas-based company earned $45 Wall Street responded by sending the stock up 30 cents to $21 For the year, Belo earned $131 The results were in line with the estimates of analysts surveyed by Thomson First Call, and at the high end of previous forecasts provided by the company 10 in trading on the New York Stock Exchange "With continued high ratings and increased market revenue share at our television stations, along with growing circulation at our newspapers, Belo is well-positioned to capitalize on a continued advertising recovery com " Belo chief financial officer Dunia Shive said advertising revenue, including $2 million gained by ABC affiliates for Super Bowl commercials, will benefit television and newspaper sectors in the first quarter "The positive momentum our operations gained throughout 2002 has carried over into the first quarter of 2003," said Belo's chief executive Robert Becherd 1 million, compared with $155 15 per share, compared with 2001 loss of 2 3 with $9 2 " The success of "The Passion" is more remarkable considering it was shot in two dead languages, Aramaic and Latin, and plays with English subtitles "Welcome to Mooseport," $3 1 million, up 53 percent from the same weekend a year ago 2 million from Friday to Sunday Hollywood studios passed on the movie, so Gibson put it in theaters through independent distributor Newmarket Films, which will get a cut of Gibson's profits 8 million and such Hollywood franchises as "The Matrix Reloaded" and the first two "Harry Potter" movies The first movie released in 2004 to cross the $100 million mark, "The Passion" easily passed the weekend's No "Twisted," $9 The horror spoof "Broken Lizard's Club Dread" premiered at No Gibson has denied such accusations, and key cast members â€â€? including Jim Caviezel, who plays Christ, and Maia Morgenstern, a Jewish actress who plays Mary â€â€? said Gibson approached the film with great respect for Judaic traditions 1 million "50 First Dates," $12 9 " Some Jewish and Christian leaders have said they fear "The Passion" will revive the notion that Jews collectively were responsible for Christ's death After four straight weekends of declining revenue, the top 12 movies took in $132 " Estimated ticket sales for Friday through Sunday at North American theaters, according to Exhibitor Relations Co "It's an event movie," said Bruce Davey, Gibson's partner in his film company Icon Productions 4 4 million 2 million 7 "The Passion" took in more money than the rest of the top 12 combined, with other new movies making barely a ripple I don't have enough adjectives in my repertoire to describe it," said Paul Dergarabedian, president of box-office tracker Exhibitor Relations 35 million "The Passion," which debuted on Ash Wednesday, rocketed to the No "The Passion of the Christ," $76 9 million "Barbershop 2: Back in Business," $3 The movie's violence, including a savage depiction of Christ's scourging and crucifixion, also did not deter movie-goers, who lifted "The Passion" to the second-best R-rated opening ever behind "The Matrix Reloaded" at $91 5 1 million 1 million "It all began with the grass-roots campaign we started, but the controversy has obviously helped in creating awareness "The Passion" provided a box-office jolt for theaters, whose ticket sales were running 7 percent behind last year's 3 6 million 10 'Passion' Hauls in $117 "Even nonbelievers probably felt the need to see this film because it's undeniably about one of the most important events in history, and everybody is talking about it "Dirty Dancing: Havana Nights," $5 1 box-office slot for the weekend with $76 Final figures will be released Monday 7 million, as the year's top-grossing film 1 6 Inc Playing in 3,043 theaters, "The Passion" averaged a whopping $25,041, compared to $3,367 in 2,703 cinemas for "Twisted 1 million 2 flick, "50 First Dates" at $88 "Dirty Dancing: Havana Nights," a prequel to the 1980s hit, opened in fifth place with $5 Gibson put up the movie's $25 million budget and will reap most of the returns "Confessions of a Teenage Drama Queen," $6 5M in Five Days Feb 29, 2:56 PM EST Mel Gibson's gamble on "The Passion of the Christ" paid off enormously, riding a storm of religious debate to a $117 9 million 6 million 10 with $3 million "Eurotrip," $4 "The Passion" put up the second-best five-day figures for a movie opening on Wednesday, behind last year's "The Lord of the Rings: The Return of the King" at $124 It was the seventh-best three-day opening ever, behind "Spider-Man" at $114 1 million from Friday to Sunday Once considered a niche film that would appeal mainly to conservative Christians, the bloody chronicle of Christ's crucifixion swelled to blockbuster proportions as Gibson rallied church groups to support it and accusations of anti-Semitism brought mainstream attention "'The Passion' is the most unlikely blockbuster I've ever seen The Ashley Judd crime thriller "Twisted" debuted at No 8 million for its first weekend "Miracle," $4 1 million and ahead of "Star Wars: Episode I â€â€? The Phantom Menace" at $105 5 million haul in its first five days, according to studio estimates Sunday 8 "Broken Lizard's Club Dread," $3 million |
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