Radio takes a dive

Categories: General Archive

Close on the heels of our Clear Channel story, the radio giant posted a momentous $4.7 billion loss in the fourth quarter of 2004--chump change compared to the $18.4 billion charge-off by Viacom.

If you wondered whether internet advertising and satellite radio were cutting into the proceeds of radio business as usual, you don't have to wonder anymore.

Sponsor Content

Now Trending

Minnesota Concert Tickets

From the Vault