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Journal Q3 Revenue Jumps 5% in Q3

It's the best radio quarter reported to Wall Street so far and the second consecutive quarter of growth for the company. Journal reported radio revenue increased to $21.6 million, an increase of 5.1% percent. Local made up 3.3% of the increase in the quarter, with $800,000 coming from local digital revenue. Automotive and medical advertising were both strong categories for the company in the quarter and Journal took in $400,000 in political advertising for radio with another $3.9 million spent on its Television stations.

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