Cox Radio Reports 3Q Results, Flat Revenue Growth

  • November 9, 2006
Net revenues for Cox Radio in the third quarter were $112.7 million, down 0.5% from the third quarter of 2005. Local revenues decreased 1.8% and national revenues increased 0.3%, each as compared to the third quarter last year. Cox stations in Orlando, Tampa, Southern Connecticut and Birmingham delivered solid growth during the third quarter of 2006. But gains were offset by stations in Long Island, NY, Richmond, Va., Dayton, Ohio, and Louisville, Ky., where net revenues were down for the quarter. The good news: Internet revenues were up 47.1%.

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