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U.S. Radio Revenue for 2008: $16.7 Billion, down 8.5%

Reprinted from Managers might be forgiven for leaping at the smallest good news, but the phrase “slight recovery” jumps out of the latest revenue forecast for the U.S. commercial radio business. More immediately, the research company found that small and mid-size markets continue to perform better than larger ones and that “income from digital sources is quickly proving itself...

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