Q4 looking better than Q3 for SBS


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.