On Jan 20, 4:16�pm, "David Eduardo" wrote:
"Commander Col. Klink" wrote in ...
On Jan 20, 2:58 pm, PocketRadio wrote:

Thousands being let-go, as CCU hides the news under Obama's election.
CCU and the rest of terrestrial radio is dying, with ad revenues down
now 50%. Next, they will pull the plug on IBOC, with not ROI afters
years of poorly-made investments! IBOC only served to line the pockets
of those iBiquity scammers! iBiquity started the layoffs, and now owes
$300,000 to the State of Md.!

It's another sad day for radio. Who knew there's more mean left on the
bone to scrap off..

It's the economy, stupid.

Radio is not off 50%... in fact, it is off far less than the stock market
is.

Today the Dow was off over 4%, the NASDAQ 6%. Circuit City closed and left
34,000 people jobless. Yet you worry about a reduction at Clear Channel with
less than 2000 let go.

BIA: Radio Revenues to Continue Decline in 2009
Dec 2, 2008 11:50 AM

Chantilly, VA - Dec 2, 2008 - By the end of 2008 the radio industry
will have experienced its second year of station revenue losses to -7
percent, according to the estimates of BIA Advisory Services. BIA's
fourth edition of the quarterly Investing In Radio Market Report also
states that 641 stations have been sold in transactions valued at $698
million from January through October 2008, which is a -34 percent
change from the same period in 2007 in the number of stations sold and
a -44 percent in the value. When the year ends, this will be the
lowest level since 1992.

BIA estimates radio station revenues will hit $16.7 billion in 2008,
the lowest in more than five years and the beginning of a downward
spiral that will go as low as $15 billion next year before possibly
rebounding in the next decade. Investing In Radio Market Report
predicts that revenue percentages will fall to -10 percent in 2009,
but there is a chance for positive growth by 2010.

More information is included in the fourth edition of the Investing In
Radio Market Report published by BIA, which profiles all 299 radio
markets.

http://radiomagonline.com/currents/n...-decline-1202/

it's more than just the economy, stupid!