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Under private equity and struggling with a financial reorganization, Clear Channel Media Holdings reported revenue down 17 percent to $1.4 billion in third quarter. Radio declined 17 percent to $703.2 million, an improvement over the 21 percent drop in the previous quarter.
Clear Channel Outdoor, 90 percent of which is owned by Clear Channel, dipped 19 percent to $660.6 million. Outdoor revenue in the Americas was slightly better than International, dipping 15 percent to $312.5
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