Gabelli On TVL 1Q11 Results

Gabelli & Company has issued a report regarding the 1Q11 results from LIN TV Corp TVL. Gabelli writes, "Net revenues increased 1% to $92.6 mil... Core national and local were down 4.1% and 1.1%, respectively, while digital revenues (including retrans) increased 30%." TVL is Buy rated and closed at $5.35 a share yesterday.