LBI Media, the parent company of Liberman Broadcasting, reported that Q4 net revenues increased 0.5% to 27.7 million, primarily due to higher ad revenue from the company’s LA and Dallas radio stations. Radio division net revenues shot up 12.5% to 15.6 million. Television division revenues were down 11.7% to 12.1 million, primarily due to revenue declines at the company’s California stations.
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