In her latest report to investors Wells Fargo analyst Marci Ryvicker says overall radio revenue “is slow but improving.” Ryvicker expects Entercom’s Q2 revenue to be off 2% with the Charlotte market up 1%. She’s also expecting CBS Radio to be down 3.5% in Q2. “Q3 should be a little easier for these guys given no Olympic comps. As such, we forecast +2% for ETM and -2.5% for CBS Radio. Entercom reports earnings Friday. CBS Corporation reports August 2. The Entercom CBS Radio merger is expected to close later this year.
