Nassau
Broadcasting Reports Third Quarter 2000 Financial Results
PRINCETON,
N.J., Oct. 31, 2000 -- Nassau Broadcasting Partners, L.P.,
a privately held leading radio group in the Northeastern
U.S., today announced financial results on a same station
basis (those properties the Company has owned for more
than one year) for the third quarter of 2000.
Total revenue for the third quarter of 2000 increased 10
percent from the same period last year to $9.6 million. Broadcast
cash flow for third quarter increased 17 percent to $3.4
million over last year. Revenue and broadcast cash flow excludes
results of the Tower Company that was sold during the first
quarter of 2000. Year to date total revenue increased 15
percent to $26.7 million in the first nine months of 2000
from $23.2 million in the first nine months of 1999.
