ENGLEWOOD, Colo. (AP) ¿ Ascent Media Corp. on Tuesday reported a wider loss for the second quarter, felled by lower client spending and a decline in production of content for movie studios, networks and other media. Ascent Media, which provides services such as visual effects, film restoration and syndication, lost $7.2 million, or 51 cents per share, in the quarter. In the same quarter a year earlier, the company lost $1.5 million, or 11 cents per share. Revenue fell to $118.7 million from $163.4 million. Ascent said content services revenue came in at $42 million, down from $78.2 million, while creative services fell $2.7 million to $40.4 million. Shares of Englewood, Colo.-based Ascent rose by 24 cents to $27.95 in afternoon trading. Ascent was spun off from Discovery Holding Co. in September.
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