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Friday, August 8, 2014

CBS Reports Radio Revenues Down 3%.


That's pretty much all you get about radio from the CBS folks who always focus most of their attention on Television. CBS cited, as nearly everyone else has, a "softness in the advertising marketplace during the quarter." Overall revenue at CBS was down 5% ($3.2 billion) and executives spent most of their time discussing a stock buyback program, and why not when the revenue is nothing to write home about.

View the original article here