M
Mike Brewer
Guest
Anyone wondering whether or not Sinclair will keep radio need only look at the 1Q financials Fisher released today.
"Radio net revenue was down 9% year-over-year to $4.3 million due to market softness."
"Radio cash flow was down $0.22 million to $0.65 million; radio cash flow margin of 15% was down from 18%."
Meanwhile, TV revenue was UP 12%.
What would YOU keep or sell?
"Radio net revenue was down 9% year-over-year to $4.3 million due to market softness."
"Radio cash flow was down $0.22 million to $0.65 million; radio cash flow margin of 15% was down from 18%."
Meanwhile, TV revenue was UP 12%.
What would YOU keep or sell?