SMRs and AMRs

Friday, November 16, 2012

Dial Global: Rush Limbaugh's Sandra Fluke Rants Hurt Our Radio Business

HuffPost, Posted: 11/16/2012 3:36 pm EST Updated: 11/16/2012 3:36 pm EST

Another radio company has said that Rush Limbaugh's comments about Sandra Fluke wound up hurting its bottom line.

Dial Global, a radio programming company, said on Thursday that it will remove itself from the NASDAQ stock exchange — a sure sign of financial trouble. In addition, it had multimillion dollar losses in its latest quarter.

Dial listed a whole host of factors for its financial straits. But one of them was "advertisers' response to controversial statements by a certain nationally syndicated talk radio personality in March 2012."

(More here.)

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