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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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