MediaTel Insight: US Radio Update From Merrill Lynch

Following a less than impressive second quarter, analysts have revised their outlook for US radio advertising and growth in this sector is predicted to be less than originally envisaged. Merrill Lynch has now cut its full-year 2003 growth forecast from 3.3% to 2.7%.

Also On MediaTel Insight Today…

UBM Reports Continued Hi-Tech Ad Decline In June

The hi-tech publishing sector saw its advertising page volumes decline by 15.4% year on year during June, according to the latest figures from United Business Media (UBM).

AOL TW Figures Improve, But Online Is Still Weak

Media giant, AOL Time Warner, today reported a 6% jump in revenues during its second quarter, boosted by strong performances from the film and cable divisions.

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