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Radio Up 6% in Revenue for 2003�This was a hard-fought, in-the-trenches, hand-to-hand guerilla combat 6%. The year did not start that strong,� he observed. �It gained momentum throughout the year and you people made it grow. Bringing it up to 6% makes for a very powerful year. When you get forward momentum and you keep pushing and make something happen, you should be very proud.� So said Gary Fries, President and CEO of the Radio Advertising Bureau at the RAB2003 Conference. The year was up sharply in Q4 with an increase of 11% over the three month period with each month posting strong gains: October 13%, November 10%and December 9%. �Fourth quarter was where it happened,� he added. "The most important part of that is that we�re going into �03 with a strong, strong foundation.� Radio made up 8.2% of the $260 billion advertising pie in 2002. Interpublic Group to Receive Bids TodayReported in a Boston Globe article via Reuters, Interpublic Group is expected to receive four bids today up to $575 million for the market research division, NFO. |
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