Radio revenue on rise

Radio companies recently reported strong 2nd-quarter 1999 gains, with Clear Channel Communications posting nearly 282% earnings growth, to $106.5 million, after its May 1999 merger with Jacor Communications. Significant revenue increases in Atlanta and Orlando, Florida helped create 13.6% 2Q revenue...

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Bibliographic Details
Published inBroadcasting & Cable Vol. 129; no. 32; p. 43
Main Author Rathbun, Elizabeth A
Format Trade Publication Article
LanguageEnglish
Published New York Future Publishing Ltd 02.08.1999
Subjects
Business growth
Manycompanies
Outdoor advertising
Quarterly reports
Radio broadcasting
Radio stations
Transit advertising
United States > US
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Summary:Radio companies recently reported strong 2nd-quarter 1999 gains, with Clear Channel Communications posting nearly 282% earnings growth, to $106.5 million, after its May 1999 merger with Jacor Communications. Significant revenue increases in Atlanta and Orlando, Florida helped create 13.6% 2Q revenue growth for Cox Radio Inc., to $78.6 million.
ISSN:1068-6827