Clear Channel Q1 Sees Slight Decline

The giant media company reported negative growth of two percent, or $15 million, in the first quarter of 2013.

It seems that their broadcast properties saved the day, being cited in a statement thus: “Offsetting the declines [“driven primarily by the traffic business as a result of certain contract losses and lower sales resulting from integration activities, and to a lesser extent by Premiere. . .] was strength in the stations, particularly in national and digital revenues.”

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