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It’s beginning to look a lot like hell in radio land. The Radio Advertising Bureau Wednesday morning (July 16) released the much-anticipated but feared radio revenue estimates for June and they are dramatically worse than expected. Local revenue for the 100 surveyed markets plummeted 10 percent compared to a year ago. National revenue are off by a stunning 13 percent. Combined, local and national revenue dropped by 10 percent.
The RAB, which gets its figures from Los Angeles accounting firm of Miller Kaplan Arase & Co.,
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