BIA Advisory Services Sees Growth in Radio Valuations Dependent on Industry’s Ability to Transform into an Expanded Operation

CHANTILLY, VA. April 14, 2009 – Cornered by weak radio station sales in the first quarter of 2009 and all of 2008, the radio industry’s sole opportunity for valuation growth relies on the ability to transform itself into a blended operation of broadcasting, online and other activities, according to analysts at BIA Advisory Services, a leading financial and strategic advisory firm serving the media and communications industries.

http://www.bia.com/pr090414-radiotrans.asp