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Fear Channel Radio Revenue Up 4% to $781 Million

Fear Channel Radio Revenue Up 4% to $781 Million

CC Media Holdings, the parent company of Clear Channel Communications, reported Wednesday that revenue grew 8% to $1.6 billion in the second quarter, with radio revenue up 4%.

The company’s billboard business rose 5% domestically and 19% internationally.

Radio was the biggest segment, accounting for $781 million in revenue, with most of the rise attributed to the acquisition of Westwood One‘s traffic business.

CC Media overall posted a $53.2 million net loss attributable to the company, an improvement over the $86 million loss in the same quarter a year ago.

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3 comments

  1. August 18th, 2011 10:55

    Fear Channel Radio Revenue Up 4% to $781 Million http://t.co/FkPuieN

    Reply

  2. August 18th, 2011 10:55

    #IAmNotARapper RT Fear Channel Radio Revenue Up 4% to $781 Million http://t.co/Uu20n0v

    Reply

  3. August 18th, 2011 10:55

    #IAmNotARapper RT RT Fear Channel Radio Revenue Up 4% to $781 Million http://t.co/aQYcm3m

    Reply

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