Belo Revenue Falls on Drop in Car Ads

Jul 25, 2008  •  Post A Comment

Belo, which owns 20 television stations, said second-quarter revenue fell 4.7% largely on a drop in automotive-related advertising, Broadcasting & Cable reports. Third-quarter advertising revenue is likely to improve thanks to advertising related to the Summer Olympics because Belo owns four NBC stations, B&C says.
—Danny King

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