Scripps (NYSE: SSP) reported a year-on-year growth of revenue for the quarter ending March 31 of 2 percent, to reach $601 million, with net income falling by 8.8 percent to $68.5 million. The digital segments were up, but not enough to offset decline in the newspaper segments. Other news:

SEE ALSO: Earnings: Scripps Q4 Profits Rise; Interactive Up; No Plans To Sell Newspapers; Shopzilla Concerns

—Total revenue at Scripps Networks was up 13.4 percent to $269 million and segment profit for the division grew 20 percent to $128 million.

—Interactive Media revenue was $62.9 million for the first quarter compared with $58.6 million in the first quarter 2006. However, on a pro forma basis (as if the company had owned uSwitch for the full year 2006) Scripps Interactive Media revenue would be down 8.7 percent. The segment made a loss of $400,000 in Q1 compared with a profit of $13.9 million in the first quarter of 2006. Costs related to the leadership transition at Shopzilla reduced segment profit by about $5 million, and Scripps also invested about $10 million to build brand awareness for uSwitch in the U.K. Scripps thinks this is temporary, and that the segment will generate a profit of about $5 million in the second quarter.

Earnings Release