Editor's Picks - Written by NYU Staff on Sunday, December 13, 2009 1:22 - 0 Comments

Advertising Recovery Underway

Clear Channel reports uplifting revenue forecast

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By NYU Staff

Clear Channel’s revenue dropped only 1% in October, Wall Street Journal reported Friday. “Business at CC Media Holdings Inc.’s Clear Channel Communications is improving at a rapid clip, the company reported in a filing Friday, underscoring the growing consensus that an advertising recovery is under way.”

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