Media Industry Tallies Katrina Cost

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NEW YORK Hurricane Katrina will go on record as the costliest natural disaster ever to hit the media industry, carving out a projected $1.13 billion in lost ad revenue and other communications spending between August 2005 and September 2006. Factoring in the five other storms that hit the U.S. in 2005, the total losses climb to nearly $1.6

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