Cox Revenue Flat

Cox Revenue Flat
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Cox Radio said its net revenues for the second quarter were $117.2 million, down a fraction of a percentage point compared to the same period last year. Local revenues were up a tad while national revenues fell 5.6%.
Growth in Orlando, Miami, Houston, Tulsa and Honolulu was offset by declines in Jacksonville, Richmond, Dayton and Louisville, it stated in its latest financial report.
For the year to date, Cox has net revenues of $214.8 million, down 0.5%.
Including pending deals, Cox has 80 stations in 18 markets.

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