Marci Ryvicker: 'Radio Is Slow But Improving'

Marci Ryvicker

WELLS FARGO Sr. Analyst MARCI RYVICKER writes about slow growth for radio in a new newsletter and specifies negative growth for ENTERCOM and CBS RADIO.

RYVICKER notes, "Radio is also slow but improving. We are looking at -2% Q2E rev. growth (same station) for ETM (+1% with CHARLOTTE) and -3.5% for CBS RADIO. Q3 should be a little easier for these guys given no OLYMPIC comps. As such, we forecast +2% for ETM and -2.5% for CBS RADIO."

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