TITLE

Citadel, Radio One sink as ad woes linger

AUTHOR(S)
Szalai, Georg
PUB. DATE
August 2006
SOURCE
Hollywood Reporter -- International Edition;8/8/2006, Vol. 395 Issue 30, p13
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article focuses on issues related to radio broadcasting firms in the U.S. As a result of declining advertising revenues, the stock prices of several companies recorded their lowest levels in a year. Citadel Broadcasting Corp. reported a loss of $74.8 million during the second quarter of its current financial year. The profit of Radio One Inc. declined by 59% during the second quarter of its current financial year.
ACCESSION #
22144090

 

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