Spanish Broadcasting System, Inc. Reports Results for the Second Quarter 2006
Tagged: Mega TV, radio, spanish broadcasting system“For the three-months ended June 30, 2006, Net Revenue totaled $48.8 million compared to $44.6 million for the same prior year period, resulting in growth of 10%. Radio net revenue totaled $47.4 million compared to $44.6 million for the same prior year period, resulting in growth of 6% primarily from local and barter revenues. This radio net revenue growth was primarily in our San Francisco, Los Angeles, New York and Puerto Rico markets, offset by a decrease in our Chicago market. Our new television segment, “MEGA TV”, which debuted on March 1, 2006, generated start-up net revenue of $1.4 million primarily from local revenues.”
SOURCE: in English / Fuente en Ingles
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August 7th, 2006
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Filed Under: 1. Hispanic News, Business, Media, Press Releases
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