April expected to be so-so


After a disappointing 2% decline in March (5/17/07 RBR #97), radio revenues are expected to be back in the plus column for April – but not by much. Both Jim Boyle at CL King and Jonathan Jacoby at Bank of America are out with research notes to investors predicting that April will be up 1%. "A trend reversal? No, just much easier comps," explained Boyle. "Radio's top-line likely will be flattish in Q2 and the comps only get more difficult as the year progresses," warned Jacoby.