Susquehanna Radio Revenue Up 3% in Quarter

Susquehanna Media Co. said its overall revenues were up 12% in the second quarter, to $111.3 million, compared to the same period last year. Radio, however, underperformed the rest of the company’s business.
Looking only at radio, Susquehanna revenue grew 3% in the second quarter to $64.2 million. For the first half of the fiscal year, revenues also were up 3%. And on a same-station basis, second quarter radio revenues were up 1%.