Double digits for Liberman

0

LBI Media Holdings, the parent company of Liberman Broadcasting, reported that Q2 revenues rose 11% to 32.5 million, with both radio and TV up. Adjusted EBITDA rose 19.8% to 18.6 million. Liberman added new radio stations in Dallas in the past year, which was partly responsible for the radio gains, but radio billings in Los Angeles were also up. In all, radio division revenues rose 22.1% to 17.1 million. Television division revenues rose 0.9% to 15.4 million, with increased ad sales at the company’s Texas stations credited for the gain.


SHARE
Previous articleSmall decline for Barrington
Next articleUp quarter for Ion
RBR+TVBR has been reporting on the business of broadcasting for nearly three decades. Beholden to no one, it is independently owned.