Quarter ResultsFor the quarter ended June 30, 2012, consolidated net revenue totaled $34.6 million compared to $35.6 million for the same prior year period, resulting in a decrease of $1.0 million or 3%. Our radio segment net revenue decreased $0.9 million or 3%, primarily due to national and network sales, offset by increases in barter, interactive and local sales. The decrease in national and network sales occurred throughout most of our markets. The increase in barter and interactive sales also occurred throughout most of our markets. The increase in local sales occurred in our New York and Los Angeles markets. Our television segment net revenues decreased $0.1 million or 2%, primarily as a result of decreases in national and local spot sales and integrated sales, offset by increases in paid-programming, sub-channel rental revenue, barter and interactive sales.
Spanish Broadcasting System, Inc. Reports Results For The Second Quarter 2012
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