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1 freetoken  Sat, Feb 23, 2013 3:56:18pm

Please note that the story states that CC revenue is actually going up.

The problem for them is their costs are going up more than their revenue.

What CC is suffering from is the bane of Romney: Bain. Bain saddled CC with too much debt. In that regard, ironically, it is not the anti-Limbaugh protestors doing in CC but the mindspring of Romney that is doing them in!

Note too that CC’s outdoor advertising unit is losing money. They can’t compete with the widely distributed extra-low cost advertising available now via digital distribution.

2 wrenchwench  Sat, Feb 23, 2013 4:15:25pm

Welcome, hatchling.

3 KittyFitz50  Sat, Feb 23, 2013 4:38:16pm

I think the increased revenue is due in part to political ads in the 4th quarter and increased expansion in Asian markets.

4 ProgLegs  Sat, Feb 23, 2013 5:19:50pm

re: #2 wrenchwench

thx :)

5 wrenchwench  Sat, Feb 23, 2013 6:08:29pm

re: #3 KittyFitz50

Ooh, another hatchling! Welcome.

6 KittyFitz50  Sat, Feb 23, 2013 9:52:22pm


7 Iwouldprefernotto  Sun, Feb 24, 2013 8:36:18am

Thanks for the post.

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