CBS Station Integration Harder Than Expected



Beasley CFO Caroline Beasley told investors integrating the 14 stations it received in a swap from CBS was harder than originally expected. That process started about 11 months ago. First, the revenue in those two markets was down 9% in Charlotte and Tampa and the company reduced expenses by 7%. Beasley has cut expenses in the two markets it picked up stations from CBS in by $700,000. Beasley says the company hopes to see the benefits from swap mid to late 2016


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