4-24-14
CCM+E includes radio and Clear Channel says the $14 million increase over Q1 2013 was primarily due to an increase in its traffic and weather business, and stronger national and digital advertising. CFO Richard Bressler says telecom, health care, and auto were the top three categories for the company. The company did blame some of the slow growth in Q1 on the harsh winter weather and Bressler did not give hope for a strong Q2. He said pacings are down 1.9 percent with core stations pacing down 3 percent.
