4-10-2012
Small markets may not be what CBS is looking for but according to BIA/Kelsey, they performed quite well in 2011. Several small and mid-size markets flourished in 2011, according to the BIA report released yesterday. The Portland, Maine market, for example, had the largest increase in revenues over 2010, with $25.4 million, or 22.8 percent. Worcester, Massachusetts, posted a 15.8 percent increase, with $12.9 million in revenue, followed by Ann Arbor, Michigan, a 10.5 percent increase with $6.1 million in revenue, and Providence-Warwick-Pawtucket, Rhode Island, where revenue grew to $45.3 million, a 9.9 percent increase over 2010.
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