From AllAccess.com
In article ,
D Peter Maus wrote:
Are Radio CEOs 'In Denial'?
Analyst Jim Boyle:
What are radio leaders doing to change direction? Not much, it seems
to us.
Denial ain't just a river in EGYPT. Well, CL KING & ASSOCIATES
analyst JIM BOYLE didn't write that -- but he did say yesterday in
an update to clients that WALL STREET projections for a 4% decline
in JULY for radio would more likely be reported by the RAB to be a 6
or 7% percent revenue decline. It would be the 15th straight month
of down revenue for radio.
In JULY data BOYLE has seen, the average large market was down 7%,
mid-sized markets were off 5%, but small markets were up 2%.
SNIP
Well that seems to correlate pretty well with the rollout of HD.
--
Telamon
Ventura, California
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