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Friday, May 17, 2013

SBS Radio Revenue Jumps 19%

5-16-13
For the quarter-ended March 31 SBS reported a net revenue increase of $5.2 million, "primarily due to special events revenue, national, barter, local and interactive sales." The company says the increases in special events revenue, barter and interactive sales occurred throughout most markets. The national revenue increase was mainly in L.A. with local making gains in Puerto Rico, New York and Los Angeles markets. Markets not performing as well were Chicago and San Francisco.

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