E.W. Scripps Co. reported its 1Q results Monday, a smaller net loss compared to one-year ago, as TV ad dollars bouncing back and costs cutting at its newspapers, The Associated Press reported.

The company overall had a net loss of $880,000, or 2 cents per share, in the first quarter of 2010, which was improving from a loss of $220.7 million, or $4.12 per share, year-over-year.

Revenue was down 3 percent to $199 million, according to the AP article posted on Google News.

TV revenue increased 11 percent to $66.8 million as ad sales improved and the licensing fees to cable operators went up. It had an operating profit of $6.6 million, up from a loss of $2.4 million one year ago.

Newspaper revenue declined 7.6 percent to $113 million, with advertising revenue dropped 12 percent. However, it actually improved from 4Q 2009, which reported a 20 percent down.

"In both television and newspapers, exclusive revenue from Internet and other digital platforms is growing rapidly. These new formats for news and information are gaining consumers and advertisers, and are a key part of the reset of our businesses," said President/CEO Rich Boehne, Radio Business Report reported.