Radio industry second quarter revenue results

Here is a look at second quarter revenue from around the radio industry:

FMQB

George
Media Services Group

Headlines from this morning's "Radio Ink" email; do we see a pattern here?

CBS Radio Revenues Drop Double Digits in Q1 (-29%) http://www.radioink.com/Article.asp?id=1311682&spid=30800

Entercom Revenues Fall Sharply in Q1 (-21%) http://www.radioink.com/Article.asp?id=1311283&spid=30800

Salem Broadcast Revenues Down in Q1 (-12.3%) http://www.radioink.com/Article.asp?id=1311789&spid=30800#Scene_1

Saga Reports Q1 Revenue Results (-17.2%) http://www.radioink.com/Article.asp?id=1311568&spid=30800#Scene_1

Jim Boyle: "The worst of the storm may have passed."

http://ftp.media.radcity.net/ZMST/4-27.pdf