2007: a rádio bateu no fundo?

«Why is the Emmis CEO so optimistic? “While I know everybody is beating up on radio — I think 2008 really has a chance to be a better year.” Beyond the view from the bottom — it can’t get any worse — Smulyan says some Emmis sales operations are in “better shape than they’ve been in awhile.” For now, the news isn’t good. Revenues were down 7% last quarter. That made Smulyan’s optimism a tough sell on Wall Street. Emmis stock was down 9% last night in after-hours trading»