"Clear Channel Radio Ad Revenue Slips"
 

Reuters
Fri Oct 29, 2004

Could this be the slightest hint of a trend back to real local radio? Or is
just an industry factor?

See
http://www.reuters.com/newsArticle.j...ryID=666123 5

"Mike Terry" wrote in message
...
Reuters
Fri Oct 29, 2004

Could this be the slightest hint of a trend back to real local radio? Or
is
just an industry factor?

The whole industry was off in the third quarter, which is why nearly all
industry stocks are off about 30% to 50% from their 52-week highs. Viacom
was bitten by the video rental division and radio, etc., etc. Fortunately,
revenues are looking up once again and this may be temporary.