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Big radio revenues drop, again

Big radio revenues drop, again

Down down down. Clear Channel and Cumulus’ third quarter earnings dropped 19 and 18.5 percent respectively compared to Q3 of 2008. Clear Channel reported revenues of $660.6 million in the third quarter of 2009 and $813.4 million for the same in 2008. Cumulus’ net  revenues sank from $80.0 million last year  to $65.1 million this […]

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That famous French train wreck.

More scary projections for radio earnings

Television/Broadcast reports that a Wells Fargo analyst says third quarter earnings for most traditional broadcasters will probably match the horrific numbers we saw in the second quarter of this year: “Based on Q3 results and various pre-announcements reported by some traditional media companies thus far, we expect most pure-play broadcasters to report revenue declines similar […]

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Bull Dog Radio Switches to Obama Radio

All-Obama Radio Stunt in Athens, Georgia

Sometimes unexpected things really do happen on commercial radio. Yesterday’s buzz surrounded the introduction of a new “All-Obama” radio station in Athens, Georgia. According to Talking Points Memo: “A radio station in Athens, Ga., is drumming up publicity by calling itself ‘Obama Government-Controlled Radio’ and playing Hawaiian pop, songs like ‘Superfly’ and ‘Disco Inferno’ and […]

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BusRadio

Goodbye to Bus Radio

We just got word that BusRadio is no more. As we reported back in July, BusRadio was the source of controversy and parental ire for its radio service which was piped in to school buses around the country. Congress even asked the FCC to take a look at BusRadio, to make sure that its practices […]

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