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The economy killed the radio star
The Buggles sang "Video Killed The Radio Star," but it might be the economy that really does radio in. Station operators are already suffering from a deteriorating listener base. And analysts say a recession could really hurt local advertising, the lifeblood of most radio stations. Some estimates say local ads account for about 80 percent of radio broadcasters' revenue.
Posted on January 9, 2008 4:58 AM PT | Permalink
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