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On Apr 13, 3:40�pm, BoobleStubble wrote:
Emmis' revenues off 21%. Double-digit declines rule for its fiscal quarter ending February 28. Domestic radio revenue fell 21% -- and when international and publishing revenues are factored-in its overall decline comes to 20%. Things got worse last month. �Emmis says domestic radio revenues fell 26% compared to last year. http://www.insideradio.com/pdheadlin...PT=Today%27s+T.... Adios, HD Radio! "Emmis: Big markets "challenging." "Radio's first read on second quarter revenues comes from Emmis, which says the picture's not pretty. It says March revenues dropped 26%, April is pacing down 32% and May off 37%. Emmis has hired Blackstone Advisory Services to help it sort through options to reworking its financial structure. " http://www.insideradio.com/topheadli...7s+Top+Stories |
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