Entercom Lowers Q4 Projections

Entercom

ENTERCOM joins the list of radio companies lowering fourth quarter sales projections, blaming the aftermath of HURRICANE KATRINA, the flip of KQBZ/SEATTLE from Talk to Country as THE WOLF, and soft national sales for the reduction. 

The company now projects net revenues of $103-104 million (off from the previous projection of $107-109 million and off from last year's election-boosted, RED SOX-boosted $107.7 million) and national revenue to drop about 10% with local up 2%.

« see more Net News