Clear Channel Communications Inc’s parent company, CC Media Holdings Inc’s second quarter revenues have been released. Reports show that the company finished the second quarter of 2010 with an $86.3 million net loss, which is significantly down from the $3.7 billion net loss during the same quarter of last year.”
However, the company also posted a $1.49 billion revenue during the second quarter. That’s up from the $1.4 billion posted during the same quarter of last year.
“Our second quarter results reflect the positive impact of the global advertising market recovery combined with the ongoing execution of our strategic plan to maximize our performance and improve profitability across our operations,” said President and CEO of CC Media Holdings, Mark Mays.
INTERESTED IN IMPROVING YOUR CAREER? CHECK OUT …
|
THE CAREER TRANSFORMATION SYSTEM TM SIGN UP NOW! |
Resources
Search Jobs
Post Your Resume to 65+ Job Sites
Resume Service
Related posts:
- TV Ad Revenue Up in 2010
- Gannett Co Inc. Stock Falls 11 Percent; Ad Revenue Down 5 Percent
- The New York Times’ Posts Decline In 3Q Revenue
- Print Ad Revenue to Decrease in 4th Quarter- New York Times
- The New York Times Co. Posts 4Q Revenue Below Expectations; Cites “Highly Volatile” Ad Sales
- Media General Deals with Loss of Over $3 Million in Fourth Quarter of 2011
Tue, Aug 10, 2010
Ad Agencies