Westwood One Inc. is seeing the benefits of an improving advertising market as it posted a $140.8 million net revenue in the second quarter this year, up from $133.7 million in the same time period in 2001. Net income for the quarter is reported at $30.5 million, compared to $12.1 million last year.
News and Business
Radio One Reports Q2 Net Revenue of About $119.6 Million
A 13% increase over Q2 2012. Company president/CEO Al Liggins calls radio ad markets “choppy”