Reader Rants 'n' Raves

RADIO ONE GROWS 48% from last year in a negative growth year.

94.3 FM Radio One, for the Fataafat Generation, the joint venture between MID-DAY MULTIMEDIA and BBC WORLDWIDE grew 48% in revenues over last year. A company release stated that the company grew 79% at the operating profit level (before license fee) and a growth of 49% at the EBIDTA level (earnings before interest depreciation tax and amortization). The industry de-grew at the top 10 city level by over 12% due to the last 4 months which saw a huge meltdown.6:49 PM on May 21