Advertising categories for which revenues increased for the firstquarter of 2009 included grocery and lottery/gambling

Advertising categories for which revenues increased for the firstquarter of 2009 included grocery and lottery/gambling. The automotive category,which represented 17% of the Company`s core advertising sales for the firstquarter of 2009, decreased 46% compared to the same quarter last year. Theretail category, which represented 17% of Company`s core advertising sales forthe first quarter of 2009, decreased 15% compared to the same quarter last year.* The Company`s political advertising sales were $0.5 million for the quarterended March 31, 2009, compared to $3.2 million in the same period last year.Digital and Interactive Initiatives* Retransmission consent fees increased 114% in the first quarter of 2009,compared to the same period in 2008, primarily due to new retransmission consentagreements reached with cable, satellite and telecommunications companies in2008. * Internet advertising and other interactive revenues increased 22% for thefirst quarter of 2009, compared to the same period in 2008. * The Company announced a strategic partnership with News Over Wireless for thedistribution of LIN TV`s stations` local news and video on a state-of-the-artmobile platform. In addition, during the first quarter of 2009, the Companybegan distributing its local television station content, including news, video,weather forecasts, traffic images and more, to mobile users via a new iPhoneapplication.

* Mobile impressions for the first quarter of 2009 were 14.2 million, anincrease of 28% from the fourth quarter of 2008.1* "Average time spent on site", a key performance indicator measuring howengaged users are with a web site`s content, was 26 minutes, 57 seconds for thefirst quarter 2009, compared to 9 minutes, 44 seconds for the same period in2008, an increase of 177%. According to March, 2009 data released by comScore,Inc., an industry leading digital marketing intelligence provider, the Companyhas the number one web site out of all news and media web sites in 13 of 15 ofits measured markets2, based on "average time spent on site". * Unique visitors for the Company`s web sites were 22.7 million for the firstquarter 2009, compared to 18.2 million for the same period in 2008, representinga 25% increase. Total impressions, which include all actions by users on theCompany`s web sites, were 274 million in the first quarter 2009.Operating Expenses* General operating expenses decreased by $6.6 million, or 9%, driven largely bydecreases in direct operating expenses and selling, general and administrativeexpenses of $3.2 million and $3.0 million, respectively, compared to firstquarter 2008.

* Management is continuing to evaluate LIN TV`s operations and cost structure toidentify further opportunities for cost savings and anticipates taking arestructuring charge in the second quarter of 2009.Key Balance Sheet and Cash Flow ItemsTotal debt outstanding at March 31, 2009 was $686.1 million, as compared to$743.4 million at December 31, 2008. Cash and cash equivalent balances at March31, 2009 were $15.4 million, as compared to $20.1 million at December 31, 2008.During the quarter ended March 31, 2009, the Company paid $4 million ofprincipal on its term loan balance. The Company`s outstanding revolving creditfacility balance was $201.0 million at March 31, 2009, as compared to $135.0million at December 31, 2008, with $24.0 million available for borrowing underthat facility. Consolidated leverage, as defined in the Company`s creditagreement, was 6.0x as of March 31, 2009 compared to 5.7x as of December 31,2008. Brett Favre's agent said Friday morning that he has no idea if his client will return for a 20th NFL season and confirmed the fact the Vikings are applying no pressure for the quarterback to make a decision about 2010. Bellator Fighting Championships’ executive team is comprised of top industry professionals in the areas of live event production, television production, fighter relations, venue procurement, sponsorship creation/development, international licensing, marketing, advertising, publicity and commission relations. This article is also featured on CanadianProFighter. Bellator’s founder/CEO, Bjorn Rebney, is an experienced fighting sports and entertainment professional with a deep commitment to the purity and integrity of the sport of MMA and its athletes.