Q4 looking better than Q3 for SBS

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Spanish Broadcasting System is telling Wall Street that Q4 radio revenues will be up in the low single digits, largely due to rapidly growing revenues for the still-small TV segment. In radio, COO Marko Radlovic told analysts that Q4 is pacing better than Q3, which was essentially flat. "We are still seeing a very solid national pacing. November seems a little weaker than October and December. Maybe that’s due to the TV strike – the writers strike. We have been getting TV cancellations on the local level," Radlovic said, referring to ads being cancelled to promote TV shows on SBS radio stations.


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