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Radio One Revenue Decreases 5.1% in Q2

8-5-14

Net revenues from Radio One's radio business decreased 5.1 percent for the quarter (April, May, and June). After adjusting for the non-occurrence of Tom Joyner's annual Gospel Cruise held during the second quarter of 2013, and not held in 2014, core radio revenue decreased 4.1 percent for the quarter. Net revenue growth for Radio One was seen in Charlotte, Columbus, Dallas, and Detroit. Revenue decreased in Atlanta, Houston, Philadelphia, and Washington DC.



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