SBS Q1 Radio Reveue Drops 1%

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Another late quarterly revenue report for the Spanish-language broadcaster. For the first three months of 2017 the SBS Radio Division took in $28.2 million compared to $28.5 million in 2016. Here’s what the CEO said about the quarter.

CEO Raul Alarcon said, “Our strategy remains centered on maximizing the reach of our multi-media assets, including our radio stations which continue to hold leadership positions across the nation’s largest Hispanic markets. We have also further advanced our experiential platform and our mobile entertainment presence through our unique LaMusica app. Looking ahead, we will continue to operate with a focus on innovation as we look to capitalize on our multi-media capabilities and connect advertisers and brands with highly engaged Latino audiences across all media platforms.” A conference call to discuss the results will be held tomorrow.

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