GoodRadio.TV Enjoys 2Q '08
August 20, 2008 at 2:18 PM (PT)
GOODRADIO.TV has seen its same-stations net revenue increase 4.6% in the second quarter 2008, with a 4.4% increase year-to-date, with the construction of a new FM in MADISON, MO and LOWRY CITY, MO in the works for the third quarter.
"The sales structure instituted in all markets and local content focus is now taking root, and the team is doing an outstanding job in our core business," CEO DEAN GOODMAN said. "We look forward to opportunistically targeting additional station in the not-too-distant future. Additionally, we are excited to have added a partner into the company with VERAX CAPITAL."
"We are very pleased without investment in GOODRADIO.TV and the excellent results achieved by the company in a challenging environment, "VERAX partner ERIC KARZA said. "We look forward to the continued growth of the core business and new incremental revenue streams as new stations are brought on the air and the company begins to execute on its local portal strategy."