{"id":1335,"date":"2020-03-30T19:25:00","date_gmt":"2020-03-30T19:25:00","guid":{"rendered":"http:\/\/wordpress2.hdnweb.com\/2020\/03\/30\/spanish-broadcasting-system-inc-reports-results-for-the-fourth-quarter-2019\/"},"modified":"2020-03-30T19:25:00","modified_gmt":"2020-03-30T19:25:00","slug":"spanish-broadcasting-system-inc-reports-results-for-the-fourth-quarter-2019","status":"publish","type":"post","link":"https:\/\/wordpress2.hdnweb.com\/en\/2020\/03\/30\/spanish-broadcasting-system-inc-reports-results-for-the-fourth-quarter-2019\/","title":{"rendered":"Spanish Broadcasting System, Inc. Reports Results for the Fourth Quarter 2019"},"content":{"rendered":"<p><\/p>\n<style type=\"text\/css\"><![CDATA[\n\/* Style Definitions *\/\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen29{\nBORDER-TOP:black 1pt solid; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 1pt solid; TEXT-ALIGN: RIGHT; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.67em\n}\n.prngen12{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 2pt double; TEXT-ALIGN: RIGHT; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:1.17em\n}\n.prngen6{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:1pt; TEXT-ALIGN: RIGHT; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.50em\n}\n.prngen11{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 1pt solid; TEXT-ALIGN: RIGHT; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:1.17em\n}\n.prngen10{\nBORDER-TOP:black 1pt solid; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 1pt solid; TEXT-ALIGN: CENTER; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:1.17em\n}\n.prngen21{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 1pt solid; TEXT-ALIGN: RIGHT; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.50em\n}\n.prngen17{\nBORDER-TOP:black 1pt solid; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 1pt solid; TEXT-ALIGN: CENTER; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.67em\n}\n.prngen9{\nBORDER-TOP:black 1pt solid; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:1pt; TEXT-ALIGN: RIGHT; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:1.17em\n}\n.prngen16{\nBORDER-TOP:black 1pt solid; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:1pt; TEXT-ALIGN: CENTER; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.67em\n}\n.prngen8{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 1pt solid; TEXT-ALIGN: CENTER; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:1.17em\n}\n.prngen13{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 1pt solid; TEXT-ALIGN: RIGHT; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.83em\n}\n.prngen22{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 2pt double; TEXT-ALIGN: RIGHT; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.67em\n}\n.prngen7{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:1pt; TEXT-ALIGN: CENTER; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.50em\n}\n.prngen20{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 1pt solid; TEXT-ALIGN: RIGHT; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.67em\n}\n.prngen3{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:1pt; TEXT-ALIGN: RIGHT; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:1.17em\n}\n.prngen26{\nBORDER-TOP:black 1pt solid; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 1pt solid; TEXT-ALIGN: CENTER; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.50em\n}\n.prngen15{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 1pt solid; TEXT-ALIGN: CENTER; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.67em\n}\n.prngen25{\nBORDER-TOP:black 1pt solid; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:1pt; TEXT-ALIGN: RIGHT; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.50em\n}\n.prngen4{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:1pt; TEXT-ALIGN: LEFT; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.50em\n}\n.prngen14{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:1pt; TEXT-ALIGN: CENTER; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.67em\n}\n.prngen19{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:1pt; TEXT-ALIGN: RIGHT; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.67em\n}\n.prngen30{\nBORDER-TOP:black 1pt solid; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 1pt solid; TEXT-ALIGN: RIGHT; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.50em\n}\n.prngen2{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:1pt; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.50em\n}\n.prngen24{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 1pt solid; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.50em\n}\n.prngen28{\nBORDER-TOP:black 1pt solid; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:1pt; TEXT-ALIGN: CENTER; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.50em\n}\n.prngen23{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 2pt double; TEXT-ALIGN: RIGHT; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.50em\n}\n.prngen18{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:1pt; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.67em\n}\n.prngen27{\nBORDER-TOP:black 1pt solid; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:1pt; TEXT-ALIGN: RIGHT; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.67em\n}\n.prngen5{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 1pt solid; TEXT-ALIGN: CENTER; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.50em\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n.prnml30{\nMARGIN-LEFT:2.50em; MARGIN-TOP:0em; MARGIN-BOTTOM:0em\n}\n.prntblns{\nBORDER-TOP: 1pt; BORDER-RIGHT: 1pt; BORDER-COLLAPSE: collapse; BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt\n}\n.prnml10{\nMARGIN-LEFT:0.83em; MARGIN-TOP:0em; MARGIN-BOTTOM:0em\n}\n]]><\/style>\n<div class=\"xn-content\">\n<p\/>\n<p\/>\n<p\/>\n<p><span class=\"xn-location\">MIAMI<\/span>, <span class=\"xn-chron\">March 30, 2020<\/span> \/PRNewswire-HISPANIC PR WIRE\/ &#8212; Spanish Broadcasting System, Inc. (the &#8220;Company&#8221; or &#8220;SBS&#8221;) (OTCQB: SBSAA) today reported financial results for the quarter- and year- ended <span class=\"xn-chron\">December 31, 2019<\/span>. <\/p>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prntblns\">\n<tr>\n<td colspan=\"27\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Financial Highlights <\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"27\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Financial Highlights Excluding Political*<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"27\" class=\"prngen3\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen4\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b><i>(in thousands)<\/i><\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td colspan=\"6\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Quarter Ended<\/b><\/span><\/p>\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>December 31,<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"4\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>%<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td colspan=\"6\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Year Ended<\/b><\/span><\/p>\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>December 31,<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"4\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>%<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td colspan=\"2\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>2019<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td class=\"prngen9\"><\/td>\n<td colspan=\"2\" class=\"prngen10\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>2018<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td colspan=\"4\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Change<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td colspan=\"2\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>2019<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td class=\"prngen9\"><\/td>\n<td colspan=\"2\" class=\"prngen10\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>2018<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td colspan=\"4\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Change<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Net revenue:<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen9\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen9\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen9\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td class=\"prngen9\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen9\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen9\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen9\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td class=\"prngen9\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Radio<\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">40,821<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">35,614<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">15<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen4\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">%<\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">140,385<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">126,399<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">11<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen4\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">%<\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Television<\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen11\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen11\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">5,297<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen11\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen11\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">4,031<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">31<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen4\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">%<\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen11\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen11\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">16,280<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen11\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen11\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">15,970<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">2<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen4\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">%<\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml30\"><span class=\"prnews_span\">Consolidated<\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">46,118<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">39,645<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">16<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen4\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">%<\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">156,665<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">142,369<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">10<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen4\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">%<\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Adjusted OIBDA*:<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Radio<\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">21,178<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">18,172<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">17<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen4\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">%<\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">59,751<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">55,713<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">7<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen4\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">%<\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Television<\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">2,132<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,568<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">36<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen4\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">%<\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">3,241<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">4,868<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(33)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen4\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">%<\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Corporate<\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen11\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen13\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(3,210)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen11\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen13\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(2,360)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(36)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen4\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">%<\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen11\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen13\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(11,711)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen11\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen13\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(10,496)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(12)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen4\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">%<\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml30\"><span class=\"prnews_span\">Consolidated<\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">20,100<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">17,380<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">16<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen4\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">%<\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">51,281<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">50,085<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">2<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen4\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">%<\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Adjusted OIBDA Margins*:<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Radio<\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td colspan=\"2\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">52%<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td colspan=\"2\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">51%<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td colspan=\"2\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">43%<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td colspan=\"2\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">44%<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Television<\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td colspan=\"2\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">40%<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td colspan=\"2\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">39%<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td colspan=\"2\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">20%<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td colspan=\"2\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">30%<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml30\"><span class=\"prnews_span\">Consolidated<\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td colspan=\"2\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">44%<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td colspan=\"2\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">44%<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td colspan=\"2\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">33%<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td colspan=\"2\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">35%<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<\/tr>\n<tr>\n<td colspan=\"27\" class=\"prngen3\"><\/td>\n<\/tr>\n<tr>\n<td colspan=\"27\" class=\"prngen3\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen4\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b><i>(in thousands)<\/i><\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td colspan=\"6\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Quarter Ended<\/b><\/span><\/p>\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>December 31,<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"4\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>%<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td colspan=\"6\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Year Ended<\/b><\/span><\/p>\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>December 31,<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"4\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>%<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td colspan=\"2\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>2019<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen9\"><\/td>\n<td colspan=\"2\" class=\"prngen10\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>2018<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td colspan=\"4\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Change<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td colspan=\"2\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>2019<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen9\"><\/td>\n<td colspan=\"2\" class=\"prngen10\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>2018<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td colspan=\"4\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Change<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Net revenue excluding political*:<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen9\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen9\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen9\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen9\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen9\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen9\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen9\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen9\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Radio<\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">40,741<\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">33,667<\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">21<\/span><\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">%<\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">139,994<\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">123,140<\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">14<\/span><\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">%<\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Television<\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen11\"><\/td>\n<td class=\"prngen11\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">5,057<\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen11\"><\/td>\n<td class=\"prngen11\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">3,249<\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">56<\/span><\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">%<\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen11\"><\/td>\n<td class=\"prngen11\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">16,004<\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen11\"><\/td>\n<td class=\"prngen11\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">14,394<\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">11<\/span><\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">%<\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml30\"><span class=\"prnews_span\">Consolidated<\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">45,798<\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">36,916<\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">24<\/span><\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">%<\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">155,998<\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">137,534<\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">13<\/span><\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">%<\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Adjusted OIBDA excluding political*:<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Radio<\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">21,104<\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">16,381<\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">29<\/span><\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">%<\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">59,391<\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">52,715<\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">13<\/span><\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">%<\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Television<\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,911<\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">849<\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">125<\/span><\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">%<\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">2,987<\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">3,418<\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(13)<\/span><\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">%<\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Corporate<\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen11\"><\/td>\n<td class=\"prngen13\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(3,210)<\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen11\"><\/td>\n<td class=\"prngen13\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(2,360)<\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(36)<\/span><\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">%<\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen11\"><\/td>\n<td class=\"prngen13\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(11,711)<\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen11\"><\/td>\n<td class=\"prngen13\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(10,496)<\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(12)<\/span><\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">%<\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml30\"><span class=\"prnews_span\">Consolidated<\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">19,805<\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">14,870<\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">33<\/span><\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">%<\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">50,667<\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">45,637<\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen3\"><\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">11<\/span><\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">%<\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<\/tr>\n<tr>\n<td colspan=\"27\" class=\"prngen3\"><\/td>\n<\/tr>\n<tr>\n<td colspan=\"27\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>*<\/b>\u00a0Please refer to the Non-GAAP Financial Measures section for a definition of Adjusted OIBDA and a reconciliation from net revenue excluding political, Adjusted OIBDA and Adjusted OIBDA excluding political to the most directly comparable GAAP financial measure. <\/span><\/p>\n<\/td>\n<\/tr>\n<\/table>\n<\/div>\n<p>\u00a0<\/p>\n<p><b>Discussion and Results<\/b><\/p>\n<p>&#8220;As our release demonstrates, we delivered outstanding Q4 results which, in turn, contributed to our best annual financial showing in over 15 years,&#8221; commented Ra\u00fal Alarc\u00f3n, Chairman and CEO. &#8220;All business units including radio, television, experiential and interactive exhibited sustained increases with our core radio operation ranked among the leaders in the industry in ratings, revenue, SOI and margin growth.&#8221;<\/p>\n<p>&#8220;In addition, fiscal 2020 started off exceptionally well and, as a result, we&#8217;re confident of a strong rebound later in the year as our industry, our nation and the world eventually recover from the effects of the COVID-19 pandemic. For now, we are adapting operationally, financially and strategically at all levels and in all markets during this interim period so as to protect our personnel while continuing to inform, entertain and serve audiences and advertisers in anticipation of a surging demand for ad inventory and rescheduled live events as the year progresses.&#8221;<\/p>\n<p>&#8220;In the meantime, we&#8217;re adopting an old motto that has served American businesses extremely well since the beginning of the 19<sup>th<\/sup> century:\u00a0 &#8216;We&#8217;re Open for Business.&#8217; &#8220;<\/p>\n<p><b>Quarter Ended Results<\/b><\/p>\n<p>For the quarter-ended <span class=\"xn-chron\">December 31, 2019<\/span>, consolidated net revenue totaled <span class=\"xn-money\">$46.1 million<\/span> compared to <span class=\"xn-money\">$39.6 million<\/span> for the same prior year period, resulting in an increase of 16%.\u00a0 Our radio segment net revenue increased 15% due to increases in local, special events, network, and digital which were partially offset by a decrease in national sales.\u00a0 Our television segment net revenue increased 31%, due to the increase in local sales which were partially offset by decreases in national sales. Consolidated net revenue excluding political, a non-GAAP measure, totaled <span class=\"xn-money\">$45.8 million<\/span> compared to <span class=\"xn-money\">$36.9 million<\/span> for the same prior year period, resulting in an increase of 24%.<\/p>\n<p>Consolidated Adjusted OIBDA, a non-GAAP measure, totaled <span class=\"xn-money\">$20.1 million<\/span> compared to <span class=\"xn-money\">$17.4 million<\/span> for the same prior year period, representing an increase of <span class=\"xn-money\">$2.7 million<\/span> or 16%. Our radio segment Adjusted OIBDA increased 17%, primarily due to the increase in net revenue of approximately <span class=\"xn-money\">$5.2 million<\/span> partially offset by an increase in operating expenses of <span class=\"xn-money\">$2.2 million<\/span>.\u00a0 Radio station operating expenses increased mainly due to increases in special events expenses, professional fees, compensation, and music license fees expenses, which were partially offset by a decrease advertising expenses.\u00a0 Our television segment Adjusted OIBDA increased approximately <span class=\"xn-money\">$0.6 million<\/span>, due to increase in net revenue of approximately <span class=\"xn-money\">$1.3 million<\/span> partially offset an increase in operating expenses of approximately <span class=\"xn-money\">$0.7 million<\/span>. Television station operating expenses increased primarily due to increases in production costs, barter expense and taxes and license fees.\u00a0 Our corporate expenses, excluding non-cash stock-based compensation, increased <span class=\"xn-money\">$0.9 million<\/span> or 36%, mostly due to increases in compensation, insurance and professional fees. Consolidated Adjusted OIBDA excluding political, a non-GAAP measure, totaled <span class=\"xn-money\">$19.8 million<\/span> compared to <span class=\"xn-money\">$14.9 million<\/span> for the same prior year period, representing an increase of 33%.<\/p>\n<p>Operating income totaled <span class=\"xn-money\">$17.3 million<\/span> compared to <span class=\"xn-money\">$14.3 million<\/span> for the same prior year period, representing an increase of approximately <span class=\"xn-money\">$3.0 million<\/span> or 21%.\u00a0 This increase in operating income was primarily due to the increase in net revenue partially offset by the increase in operating expenses. <\/p>\n<p><b>Year Ended Results<\/b><\/p>\n<p>For the year-ended <span class=\"xn-chron\">December 31, 2019<\/span>, consolidated net revenue totaled <span class=\"xn-money\">$156.7 million<\/span> compared to <span class=\"xn-money\">$142.4 million<\/span> for the same prior year period, resulting in an increase of 10%.\u00a0 Our radio segment net revenue increased <span class=\"xn-money\">$14.0 million<\/span> or 11% due to increases in local, network, and digital sales which were offset by a decrease in national sales. Our special events revenue increased primarily in our <span class=\"xn-location\">Los Angeles<\/span>, <span class=\"xn-location\">New York<\/span> and <span class=\"xn-location\">San Francisco<\/span> markets.\u00a0 Our television segment net revenue increased <span class=\"xn-money\">$0.3 million<\/span> or 2%, due to increases in local sales offset by a decrease in special event and subscriber based revenue. Consolidated net revenue excluding political, a non-GAAP measure, totaled <span class=\"xn-money\">$156.0 million<\/span> compared to <span class=\"xn-money\">$137.5 million<\/span> for the same prior year period, resulting in an increase of 13%.<\/p>\n<p>Consolidated Adjusted OIBDA, a non-GAAP measure, totaled <span class=\"xn-money\">$51.3 million<\/span> compared to <span class=\"xn-money\">$50.1 million<\/span> for the same prior year period, resulting in an increase of <span class=\"xn-money\">$1.2 million<\/span> or 2%.\u00a0 Our radio segment Adjusted OIBDA increased 7%, primarily due to the increase in net revenue of <span class=\"xn-money\">$14.0 million<\/span> which was partially offset by the increase in operating expense of approximately <span class=\"xn-money\">$9.9 million<\/span>.\u00a0 Radio station operating expenses increased mainly due to the absence of a prior year positive impact of legal settlements in addition to increases in special events, compensation and benefits, barter, commissions and music license fees, which were partially offset by decreases in professional fees, affiliate station compensation and an increase in production tax credits.\u00a0 Our television segment Adjusted OIBDA decreased <span class=\"xn-money\">$1.6 million<\/span> or 33%, due to the increase in operating expenses of <span class=\"xn-money\">$1.9 million<\/span> and partially offset by an increase in net revenue of <span class=\"xn-money\">$0.3 million<\/span>.\u00a0 Television station operating expenses increased primarily due to increases in production costs, barter, and commission expenses which were partially offset by a decrease in special events expenses and an increase in production tax credits.\u00a0 Our corporate expenses, excluding non-cash stock-based compensation, increased approximately 12% primarily due to increases in compensation and insurance expenses partially offset by a decrease in professional fees. Consolidated Adjusted OIBDA excluding political, a non-GAAP measure, totaled <span class=\"xn-money\">$50.7 million<\/span> compared to <span class=\"xn-money\">$45.6 million<\/span> for the same prior year period, representing an increase of 11%.<\/p>\n<p>Operating income totaled <span class=\"xn-money\">$38.6 million<\/span> compared to <span class=\"xn-money\">$51.6 million<\/span> for the same prior year period, representing a decrease of <span class=\"xn-money\">$13.0 million<\/span> or 25%.\u00a0 This decrease in operating income was primarily due to the prior year recognition of gain on sale of assets and the current year increases in operating expenses, executive severance expenses and recapitalization costs partially offset by an increase in net revenue and not recognizing an impairment charge in the current period.<\/p>\n<p><b>Our Continued <\/b><b>Recapitalization and Restructuring Efforts <\/b><\/p>\n<p>We have not repaid our outstanding Notes since they became due on <span class=\"xn-chron\">April 17, 2017<\/span>, and we continue to evaluate all options available to refinance the Notes.\u00a0 While we assess how to best achieve a successful refinancing of the Notes, we have continued to pay interest on the Notes, payments that a group of investors purporting to own our Series B preferred stock have challenged through the institution of litigation in the <span class=\"xn-location\">Delaware<\/span> Court of Chancery as described below.\u00a0 The complaint filed by these investors revealed a purported foreign ownership of our Series B preferred stock, which we are actively addressing, including before the Federal Communications Commission (the &#8220;FCC&#8221;) in order to protect our broadcast licenses.\u00a0 Our refinancing efforts have been made more difficult and complex by the Series B preferred stock litigation and foreign ownership issue. On <span class=\"xn-chron\">December 16, 2019<\/span>, we announced in a press release that we had received a letter from a bank stating that it was highly confident of its ability to arrange secured debt financing for up to <span class=\"xn-money\">$300 million<\/span> that, in combination with a possible additional first lien asset-based financing, would be used to repay our outstanding Notes and to make cash purchases of our Series B preferred stock. We cannot assure you that the bank will be successful in raising that financing, that we will be able to raise the additional contemplated first lien asset-based financing or that we will be able to reach agreement that will be acceptable to us. We provide more information about each of these items in our Annual Report on Form 10-K for the year ended <span class=\"xn-chron\">December 31, 2019<\/span>.<\/p>\n<p>We have worked and continue to work with our advisors regarding a consensual recapitalization or restructuring of our balance sheet, including through the issuance of new debt or equity to raise the necessary funds to repay the Notes.\u00a0 The Series B preferred stock litigation and the foreign ownership issue have complicated our efforts at a successful refinancing of the Notes.\u00a0 The resolution of the recapitalization or restructuring of our balance sheet, the litigation with the purported holders of our Series B preferred stock and the foreign ownership issue are subject to several factors currently beyond our control.\u00a0 Our efforts to effect a consensual refinancing of the Notes, the Series B preferred stock litigation and the foreign ownership issue will likely continue to have a material adverse effect on us if they are not successfully resolved. \u00a0On <span class=\"xn-chron\">December 16, 2019<\/span>, we announced in a press release that we had received a letter from a bank stating that it was highly confident of its ability to arrange secured debt financing for up to <span class=\"xn-money\">$300 million<\/span> that, in combination with a possible additional first lien asset-based financing, would be used to repay our outstanding Notes and to make cash purchases of our Series B preferred stock. We cannot assure you that the bank will be successful in raising that financing, that we will be able to raise the additional contemplated first lien asset-based financing or that we will be able to reach agreement that will be acceptable to us. We face various risks regarding these matters which are summarized in our Annual Report on Form 10-K for the year ended <span class=\"xn-chron\">December 31, 2019<\/span>.<\/p>\n<p><b>Fourth Quarter 2019 Conference Call<\/b><\/p>\n<p>We will host a conference call to discuss our fourth quarter 2019 financial results on <span class=\"xn-chron\">Wednesday, April 1, 2020<\/span> at <span class=\"xn-chron\">11:00 a.m. Eastern Time<\/span>.\u00a0 To access the teleconference, please call 412-317-5441 ten minutes prior to the start time.<\/p>\n<p>If you cannot listen to the teleconference at its scheduled time, there will be a replay available through <span class=\"xn-chron\">Tuesday, April 14, 2020<\/span> which can be accessed by dialing 877-344-7529 (U.S) or 412-317-0088 (Int&#8217;l), passcode: <u>10141305<\/u> <\/p>\n<p>There will also be a live webcast of the teleconference, located on the investor portion of our corporate Web site, at <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2764361-1&amp;h=3881114654&amp;u=http%3A%2F%2Fwww.spanishbroadcasting.com%2Fwebcasts-presentations&amp;a=http%3A%2F%2Fwww.spanishbroadcasting.com%2Fwebcasts-presentations\" rel=\"nofollow\">http:\/\/www.spanishbroadcasting.com\/webcasts-presentations<\/a>. A seven day archived replay of the webcast will also be available at that link.\u00a0 <\/p>\n<p><b>About Spanish Broadcasting System, Inc.<\/b><\/p>\n<p>Spanish Broadcasting System, Inc. (SBS) owns and operates radio stations located in the top U.S. Hispanic markets of <span class=\"xn-location\">New York<\/span>, <span class=\"xn-location\">Los Angeles<\/span>, <span class=\"xn-location\">Miami<\/span>, <span class=\"xn-location\">Chicago<\/span>, <span class=\"xn-location\">San Francisco<\/span> and <span class=\"xn-location\">Puerto Rico<\/span>, airing the Tropical, Regional Mexican, Spanish Adult Contemporary, Top 40 and Urbano format genres. SBS also operates AIRE Radio Networks, a national radio platform of over 275 affiliated stations reaching 95% of the U.S. Hispanic audience.\u00a0 SBS also owns MegaTV, a network television operation with over-the-air, cable and satellite distribution and affiliates throughout the U.S. and <span class=\"xn-location\">Puerto Rico<\/span>, produces a nationwide roster of live concerts and events, and owns a stable of digital properties, including <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2764361-1&amp;h=3391987489&amp;u=http%3A%2F%2Fwww.lamusica.com%2F&amp;a=La+Musica\" rel=\"nofollow\">La Musica<\/a>, a mobile app providing Latino-focused audio and video streaming content and HitzMaker, a new-talent destination for aspiring artists. For more information, visit us online at <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2764361-1&amp;h=1879010341&amp;u=http%3A%2F%2Fwww.spanishbroadcasting.com%2F&amp;a=www.spanishbroadcasting.com\" rel=\"nofollow\">www.spanishbroadcasting.com<\/a>. <\/p>\n<p><b>Forward Looking Statements<\/b><\/p>\n<p>This press release, and oral statements made in connection with it, contains certain forward-looking statements.\u00a0 These forward-looking statements, which are included in accordance with the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, may involve known and unknown risks, uncertainties and other factors that may cause the Company&#8217;s actual results and performance in future periods to be materially different from any future results or performance suggested by the forward-looking statements in this press release.\u00a0 Although we believe the expectations reflected in such forward-looking statements are based upon reasonable assumptions, we can give no assurance that actual results will not differ materially from these expectations.\u00a0 &#8220;Forward-looking&#8221; statements, as such term is defined by the Securities Exchange Commission in its rules, regulations and releases, represent our expectations or beliefs, including, but not limited to, statements concerning our operations, economic performance, financial condition, our recapitalization plan and restructuring efforts, the impact of widespread health developments, such as the novel coronavirus, and the governmental, commercial, consumer and other responses thereto, growth and acquisition strategies, investments and future operational plans.\u00a0 Without limiting the generality of the foregoing, words such as &#8220;may,&#8221; &#8220;will,&#8221; &#8220;expect,&#8221; &#8220;believe,&#8221; &#8220;anticipate,&#8221; &#8220;intend,&#8221; &#8220;forecast,&#8221; &#8220;seek,&#8221; &#8220;plan,&#8221; &#8220;predict,&#8221; &#8220;project,&#8221; &#8220;could,&#8221; &#8220;estimate,&#8221; &#8220;might,&#8221; &#8220;continue,&#8221; &#8220;seeking&#8221; or the negative or other variations thereof or comparable terminology are intended to identify forward-looking statements.\u00a0 These statements, by their nature, involve substantial risks and uncertainties, certain of which are beyond our control, and actual results may differ materially depending on a variety of important factors, including, but not limited to, those identified in our reports filed with the Securities and Exchange Commission including our Annual Report on Form 10-K for the year ended <span class=\"xn-chron\">December 31<\/span>, 2019.\u00a0 All forward-looking statements made herein are qualified by these cautionary statements and risk factors and there can be no assurance that the actual results, events or developments referenced herein will occur or be realized. We undertake no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.<\/p>\n<p>\u00a0<\/p>\n<p class=\"prntac\">(Financial Tables Follow)<\/p>\n<p>\u00a0<\/p>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prntblns\">\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Contacts:<\/span><\/p>\n<\/td>\n<td class=\"prngen2\"><\/td>\n<td class=\"prngen2\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><i><u>Analysts and Investors<\/u><\/i><\/span><\/p>\n<\/td>\n<td class=\"prngen2\"><\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><i><u>Analysts, Investors or Media<\/u><\/i><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Jos\u00e9 I. Molina<\/span><\/p>\n<\/td>\n<td class=\"prngen2\"><\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Brad Edwards<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Chief Financial Officer<\/span><\/p>\n<\/td>\n<td class=\"prngen2\"><\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">The Plunkett Group<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(305) 441-6901<\/span><\/p>\n<\/td>\n<td class=\"prngen2\"><\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(212) 739-6740<\/span><\/p>\n<\/td>\n<\/tr>\n<\/table>\n<\/div>\n<p>\u00a0<\/p>\n<p><b>Below are the Unaudited Condensed Consolidated Statements of Operations for the quarter- and year-ended <span class=\"xn-chron\">December 31, 2019<\/span> and 2018.<\/b><\/p>\n<p>\u00a0<\/p>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prntblns\">\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen14\"><\/td>\n<td class=\"prngen14\"><\/td>\n<td colspan=\"6\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Quarter Ended<\/b><\/span><\/p>\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>December 31,<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen14\"><\/td>\n<td class=\"prngen14\"><\/td>\n<td colspan=\"6\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Year Ended<\/b><\/span><\/p>\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>December 31,<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen14\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen4\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><i>Amounts in thousands, except per share amounts<\/i><\/span><\/p>\n<\/td>\n<td class=\"prngen14\"><\/td>\n<td colspan=\"2\" class=\"prngen15\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>2019<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen14\"><\/td>\n<td class=\"prngen16\"><\/td>\n<td colspan=\"2\" class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>2018<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen14\"><\/td>\n<td class=\"prngen14\"><\/td>\n<td colspan=\"2\" class=\"prngen15\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>2019<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen14\"><\/td>\n<td class=\"prngen16\"><\/td>\n<td colspan=\"2\" class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>2018<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen14\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen18\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td colspan=\"6\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td colspan=\"6\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Net revenue<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">46,118<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">39,645<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">156,665<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">142,369<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Station operating expenses<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">22,808<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">19,905<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">93,673<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">81,788<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Corporate expenses<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">3,211<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">2,365<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">11,721<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">10,540<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Depreciation and amortization<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">931<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">895<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">3,602<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">3,801<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Loss (gain) on the disposal of assets, net<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">273<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">171<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">365<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(12,550)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Recapitalization costs<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,556<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,986<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">6,845<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">6,713<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Executive severance expenses<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,844<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Impairment charges<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">483<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Other operating income<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen13 prnpr8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen21\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(16)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Operating income<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">17,339<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">14,323<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">38,631<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">51,594<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Interest expense<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(7,811)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(7,849)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(31,245)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(31,862)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Dividends on Series B preferred stock classified as interest<\/span><\/p>\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u00a0\u00a0 expense<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(2,433)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(2,433)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(9,734)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(9,734)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Interest income<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">5<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">22<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">20<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">22<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Income (loss) before income tax expense (benefit)<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">7,100<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">4,063<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(2,328)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">10,020<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Income tax expense (benefit)<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,982<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen21\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(9,130)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen21\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(1,400)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen21\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(6,471)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Net income (loss)<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">5,118<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">13,193<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen23\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(928)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">16,491<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen18\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Net income (loss) per common share:<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Basic and diluted net income (loss) per common share:<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml30\"><span class=\"prnews_span\">Class A common stock<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">0.70<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1.80<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(0.13)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">2.25<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml30\"><span class=\"prnews_span\">Class B common stock<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">0.70<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1.80<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(0.13)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">2.25<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Basic weighted average common shares outstanding:<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml30\"><span class=\"prnews_span\">Class A common stock<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">4,242<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">4,242<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">4,242<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">4,224<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml30\"><span class=\"prnews_span\">Class B common stock<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">2,340<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">2,340<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">2,340<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">2,340<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Diluted weighted average common shares outstanding:<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml30\"><span class=\"prnews_span\">Class A common stock<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">4,242<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">4,242<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">4,242<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">4,224<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml30\"><span class=\"prnews_span\">Class B common stock<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">2,340<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">2,340<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">2,340<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">2,340<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<\/table>\n<\/div>\n<p>\u00a0<\/p>\n<p><b>Non-GAAP Financial Measures<\/b><\/p>\n<p>Net revenue excluding political and Adjusted OIBDA excluding political are not measures of revenue, performance or liquidity determined in accordance with Generally Accepted Accounting Principles (&#8220;GAAP&#8221;) in <span class=\"xn-location\">the United States<\/span>. Political sales and their effect are subject to political cycles and timing of campaigns; both have been excluded to allow for comparability between the periods.<\/p>\n<p>Adjusted Operating Income (Loss) before Depreciation and Amortization, Gain (loss) on the Disposal of Assets, Recapitalization Costs, Executive Severance Expenses, Impairment Charges and Other Operating Income excluding non-cash stock-based compensation\u00a0(&#8220;Adjusted OIBDA&#8221;) is not a measure of performance or liquidity determined in accordance with Generally Accepted Accounting Principles (&#8220;GAAP&#8221;) in the United States.\u00a0 However, we believe that this measure is useful in evaluating our performance because it reflects a measure of performance for our stations before considering costs and expenses related to our capital structure and dispositions.\u00a0 This measure is widely used in the broadcast industry to evaluate a company&#8217;s operating performance and is used by us for internal budgeting purposes and to evaluate the performance of our stations, segments, management and consolidated operations.\u00a0 However, this measure should not be considered in isolation or as a substitute for Operating Income, Net Income, Cash Flows from Operating Activities or any other measure used in determining our operating performance or liquidity that is calculated in accordance with GAAP.\u00a0 Adjusted OIBDA does not present station operating income as defined by our Indenture governing the Notes.\u00a0 In addition, because Adjusted OIBDA is not calculated in accordance with GAAP, it is not necessarily comparable to similarly titled measures used by other companies.\u00a0 <\/p>\n<p>Included below are unaudited tables, in thousands, that reconcile Adjusted net revenue excluding political to net revenues for each segment and consolidated net revenue, and both Adjusted OIBDA excluding political and Adjusted OIBDA to operating income (loss) for each segment and consolidated operating income (loss), which are the most directly comparable GAAP financial measures.\u00a0\u00a0<\/p>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prntblns\">\n<tr>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"10\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>For the Quarter Ended December\u00a031, 2019<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"2\" class=\"prngen24\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Consolidated<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\"><\/td>\n<td class=\"prngen25\"><\/td>\n<td colspan=\"2\" class=\"prngen26\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Radio<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\"><\/td>\n<td class=\"prngen25\"><\/td>\n<td colspan=\"2\" class=\"prngen26\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Television<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Net revenue excluding political<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>$<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen25\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>45,798<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen25\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>40,741<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen25\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>5,057<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnml10\"><span class=\"prnews_span\"><i>Addback<\/i>: Political net revenue<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen21\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen21\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">320<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen21\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen21\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">80<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen21\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen21\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">240<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Net revenue<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen21\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>$<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen21\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>46,118<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen21\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen21\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>40,821<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen21\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen21\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>5,297<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\"><\/td>\n<\/tr>\n<tr>\n<td colspan=\"13\" class=\"prngen6\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"10\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>For the Quarter Ended December\u00a031, 2018<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"2\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Consolidated<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen25\"><\/td>\n<td colspan=\"2\" class=\"prngen26\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Radio<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen25\"><\/td>\n<td colspan=\"2\" class=\"prngen26\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Television<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Net revenue excluding political<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>$<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>36,916<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>33,667<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>3,249<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnml10\"><span class=\"prnews_span\"><i>Addback<\/i>: Political net revenue<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen21\"><\/td>\n<td class=\"prngen21\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">2,729<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen21\"><\/td>\n<td class=\"prngen21\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,947<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen21\"><\/td>\n<td class=\"prngen21\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">782<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Net revenue<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen21\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>$<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen21\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>39,645<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen21\"><\/td>\n<td class=\"prngen21\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>35,614<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen21\"><\/td>\n<td class=\"prngen21\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>4,031<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<\/tr>\n<tr>\n<td colspan=\"13\" class=\"prngen6\"><\/td>\n<\/tr>\n<tr>\n<td colspan=\"13\" class=\"prngen6\"><\/td>\n<\/tr>\n<tr>\n<td colspan=\"13\" class=\"prngen6\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"10\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>For the Year Ended December\u00a031, 2019<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"2\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Consolidated<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen25\"><\/td>\n<td colspan=\"2\" class=\"prngen26\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Radio<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen25\"><\/td>\n<td colspan=\"2\" class=\"prngen26\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Television<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Net revenue excluding political<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>$<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen25\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>155,998<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen25\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>139,994<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen25\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>16,004<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnml10\"><span class=\"prnews_span\"><i>Addback<\/i>: Political net revenue<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen21\"><\/td>\n<td class=\"prngen21\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">667<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen21\"><\/td>\n<td class=\"prngen21\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">391<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen21\"><\/td>\n<td class=\"prngen21\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">276<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Net revenue<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen21\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>$<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen21\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>156,665<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen21\"><\/td>\n<td class=\"prngen21\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>140,385<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen21\"><\/td>\n<td class=\"prngen21\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>16,280<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<\/tr>\n<tr>\n<td colspan=\"13\" class=\"prngen6\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"10\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>For the Year Ended December\u00a031, 2018<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"2\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Consolidated<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen25\"><\/td>\n<td colspan=\"2\" class=\"prngen26\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Radio<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen25\"><\/td>\n<td colspan=\"2\" class=\"prngen26\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Television<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Net revenue excluding political<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>$<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>137,534<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>123,140<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>14,394<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnml10\"><span class=\"prnews_span\"><i>Addback<\/i>: Political net revenue<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen21\"><\/td>\n<td class=\"prngen21\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">4,835<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen21\"><\/td>\n<td class=\"prngen21\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">3,259<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen21\"><\/td>\n<td class=\"prngen21\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,576<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Net revenue<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen21\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>$<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen21\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>142,369<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen21\"><\/td>\n<td class=\"prngen21\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>126,399<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen21\"><\/td>\n<td class=\"prngen21\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>15,970<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<\/tr>\n<\/table>\n<\/div>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prntblns\">\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen14\"><\/td>\n<td class=\"prngen14\"><\/td>\n<td colspan=\"14\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>For the Quarter Ended December\u00a031, 2019<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen14\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen14\"><\/td>\n<td class=\"prngen14\"><\/td>\n<td colspan=\"2\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Consolidated<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen14\"><\/td>\n<td class=\"prngen16\"><\/td>\n<td colspan=\"2\" class=\"prngen26\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Radio<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen14\"><\/td>\n<td class=\"prngen16\"><\/td>\n<td colspan=\"2\" class=\"prngen26\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Television<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen14\"><\/td>\n<td class=\"prngen16\"><\/td>\n<td colspan=\"2\" class=\"prngen26\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Corporate<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen14\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Adjusted OIBDA excluding political<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>$<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen27\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>19,805<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen27\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>21,104<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen27\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>1,911<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen25\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>(3,210)<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml10\"><span class=\"prnews_span\"><i>Addback<\/i>: Political sales effect<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">295<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">74<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">221<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Adjusted OIBDA<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>$<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>20,100<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>21,178<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>2,132<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen21\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>(3,210)<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><i>Less expenses excluded from Adjusted OIBDA but included <br \/>in operating income (loss):<\/i><\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Stock-based compensation<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Depreciation and amortization<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">931<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">449<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">427<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">55<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Loss (gain) on the disposal of assets, net<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">273<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(16)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">289<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Recapitalization costs<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,556<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,556<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Other operating income<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Operating Income (Loss)<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>$<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>17,339<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>20,745<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>1,416<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen21\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>(4,822)<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td colspan=\"17\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen14\"><\/td>\n<td class=\"prngen14\"><\/td>\n<td colspan=\"14\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>For the Quarter Ended December\u00a031, 2018<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen14\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen14\"><\/td>\n<td class=\"prngen14\"><\/td>\n<td colspan=\"2\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Consolidated<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen14\"><\/td>\n<td class=\"prngen16\"><\/td>\n<td colspan=\"2\" class=\"prngen26\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Radio<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen14\"><\/td>\n<td class=\"prngen16\"><\/td>\n<td colspan=\"2\" class=\"prngen26\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Television<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen14\"><\/td>\n<td class=\"prngen16\"><\/td>\n<td colspan=\"2\" class=\"prngen26\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Corporate<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen14\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Adjusted OIBDA excluding political<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>$<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen27\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>14,870<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen27\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>16,381<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen27\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>849<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen25\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>(2,360)<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml10\"><span class=\"prnews_span\"><i>Addback<\/i>: Political sales effect<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen20\"><\/td>\n<td class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">2,510<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen20\"><\/td>\n<td class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,791<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen20\"><\/td>\n<td class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">719<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen20\"><\/td>\n<td class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Adjusted OIBDA<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>$<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>17,380<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen20\"><\/td>\n<td class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>18,172<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen20\"><\/td>\n<td class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>1,568<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen20\"><\/td>\n<td class=\"prngen21\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>(2,360)<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><i>Less expenses excluded from Adjusted OIBDA but included <br \/>in operating income (loss):<\/i><\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Stock-based compensation<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">5<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">5<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Depreciation and amortization<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">895<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">403<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">434<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">58<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Loss (gain) on the disposal of assets, net<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">171<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">168<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">3<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Recapitalization costs<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,986<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,986<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Other operating income<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen20\"><\/td>\n<td class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen20\"><\/td>\n<td class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen20\"><\/td>\n<td class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen20\"><\/td>\n<td class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Operating Income (Loss)<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>$<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>14,323<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen20\"><\/td>\n<td class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>17,601<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen20\"><\/td>\n<td class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>1,131<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen20\"><\/td>\n<td class=\"prngen21\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>(4,409)<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td colspan=\"17\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td colspan=\"17\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen14\"><\/td>\n<td class=\"prngen14\"><\/td>\n<td colspan=\"14\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>For the Year Ended December\u00a031, 2019<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen14\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen14\"><\/td>\n<td class=\"prngen14\"><\/td>\n<td colspan=\"2\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Consolidated<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen14\"><\/td>\n<td class=\"prngen16\"><\/td>\n<td colspan=\"2\" class=\"prngen26\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Radio<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen14\"><\/td>\n<td class=\"prngen16\"><\/td>\n<td colspan=\"2\" class=\"prngen26\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Television<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen14\"><\/td>\n<td class=\"prngen16\"><\/td>\n<td colspan=\"2\" class=\"prngen26\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Corporate<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen14\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Adjusted OIBDA excluding political<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>$<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen27\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>50,667<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen27\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>59,391<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen27\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>2,987<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen25\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>(11,711)<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml10\"><span class=\"prnews_span\"><i>Addback<\/i>: Political sales effect<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen20\"><\/td>\n<td class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">614<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen20\"><\/td>\n<td class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">360<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen20\"><\/td>\n<td class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">254<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen20\"><\/td>\n<td class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Adjusted OIBDA<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>$<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>51,281<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen20\"><\/td>\n<td class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>59,751<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen20\"><\/td>\n<td class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>3,241<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen20\"><\/td>\n<td class=\"prngen21\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>(11,711)<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><i>Less expenses excluded from Adjusted OIBDA but included <br \/>in operating income (loss):<\/i><\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Stock-based compensation<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">10<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">10<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Depreciation and amortization<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">3,602<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,623<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,768<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">211<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Loss (gain) on the disposal of assets, net<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">365<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(62)<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">427<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Recapitalization costs<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">6,845<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">6,845<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Executive severance expenses<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,844<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,844<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Other operating income<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen20\"><\/td>\n<td class=\"prngen21\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(16)<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen20\"><\/td>\n<td class=\"prngen21\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(16)<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen20\"><\/td>\n<td class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen20\"><\/td>\n<td class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Operating Income (Loss)<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>$<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>38,631<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen20\"><\/td>\n<td class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>58,206<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen20\"><\/td>\n<td class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>1,046<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen20\"><\/td>\n<td class=\"prngen21\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>(20,621)<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td colspan=\"17\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen14\"><\/td>\n<td class=\"prngen14\"><\/td>\n<td colspan=\"14\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>For the Year Ended December\u00a031, 2018<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen14\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen14\"><\/td>\n<td class=\"prngen14\"><\/td>\n<td colspan=\"2\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Consolidated<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen14\"><\/td>\n<td class=\"prngen16\"><\/td>\n<td colspan=\"2\" class=\"prngen26\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Radio<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen14\"><\/td>\n<td class=\"prngen16\"><\/td>\n<td colspan=\"2\" class=\"prngen26\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Television<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen14\"><\/td>\n<td class=\"prngen16\"><\/td>\n<td colspan=\"2\" class=\"prngen26\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Corporate<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen14\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Adjusted OIBDA excluding political<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>$<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>45,637<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>52,715<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>3,418<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>(10,496)<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml10\"><span class=\"prnews_span\"><i>Addback<\/i>: Political sales effect<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen20\"><\/td>\n<td class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">4,448<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen20\"><\/td>\n<td class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">2,998<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen20\"><\/td>\n<td class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,450<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen20\"><\/td>\n<td class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Adjusted OIBDA<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>$<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>50,085<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen20\"><\/td>\n<td class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>55,713<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen20\"><\/td>\n<td class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>4,868<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen20\"><\/td>\n<td class=\"prngen21\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>(10,496)<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><i>Less expenses excluded from Adjusted OIBDA but included <br \/>in operating income (loss):<\/i><\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Stock-based compensation<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">44<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">44<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Depreciation and amortization<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">3,801<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,659<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,907<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">235<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Loss (gain) on the disposal of assets, net<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(12,550)<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(3)<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(6)<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(12,541)<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Recapitalization costs<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">6,713<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">6,713<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Impairment charges<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">483<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">483<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Other operating income<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen20\"><\/td>\n<td class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen20\"><\/td>\n<td class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen20\"><\/td>\n<td class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen20\"><\/td>\n<td class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Operating Income (Loss)<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>$<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>51,594<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen20\"><\/td>\n<td class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>54,057<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen20\"><\/td>\n<td class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>2,484<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen20\"><\/td>\n<td class=\"prngen21\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>(4,947)<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<\/tr>\n<\/table>\n<\/div>\n<p>\u00a0<\/p>\n<p><b>Non-GAAP Reporting Requirement under our Senior Secured Notes Indenture <\/b><\/p>\n<p>Under the Indenture, we are to provide our Noteholders a statement of our &#8220;Station Operating Income for the Television Segment,&#8221; as defined by the Indenture, for the twelve-month period ended <span class=\"xn-chron\">December 31, 2019<\/span> and 2018, and a reconciliation of &#8220;Station Operating Income for the Television Segment&#8221; to the most directly comparable financial measure calculated in accordance with GAAP.\u00a0 In addition, we are to provide our &#8220;Secured Leverage Ratio,&#8221; as defined by the Indenture, as of <span class=\"xn-chron\">December 31, 2019<\/span>.<\/p>\n<p>Included below is the table that reconciles &#8220;Station Operating Income for the Television Segment&#8221; to the most directly comparable GAAP financial measure. Also included is our &#8220;Secured Leverage Ratio&#8221; as of <span class=\"xn-chron\">December 31, 2019<\/span>.<\/p>\n<p>\u00a0<\/p>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prntblns\">\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen14\"><\/td>\n<td class=\"prngen14\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Twelve Months <br \/>Ended<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen14\"><\/td>\n<td class=\"prngen14\"><\/td>\n<td colspan=\"14\" nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Quarters Ended<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen14\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen14\"><\/td>\n<td class=\"prngen14\"><\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>December\u00a031,<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen14\"><\/td>\n<td class=\"prngen14\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Dec. 31,<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen14\"><\/td>\n<td class=\"prngen16\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen28\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Sept. 30,<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen14\"><\/td>\n<td class=\"prngen16\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen28\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>June 30,<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen14\"><\/td>\n<td class=\"prngen16\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen28\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>March 31,<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen14\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen4\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(Unaudited and in thousands)<\/span><\/p>\n<\/td>\n<td class=\"prngen14\"><\/td>\n<td colspan=\"2\" class=\"prngen15\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>2019<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen14\"><\/td>\n<td class=\"prngen14\"><\/td>\n<td colspan=\"2\" class=\"prngen15\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>2019<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen14\"><\/td>\n<td class=\"prngen14\"><\/td>\n<td colspan=\"2\" class=\"prngen15\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>2019<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen14\"><\/td>\n<td class=\"prngen14\"><\/td>\n<td colspan=\"2\" class=\"prngen15\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>2019<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen14\"><\/td>\n<td class=\"prngen14\"><\/td>\n<td colspan=\"2\" class=\"prngen15\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>2019<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen14\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Station Operating Income for the Television<\/b><\/span><\/p>\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>\u00a0\u00a0 Segment, as defined by the Indenture<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>$<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen27\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>3,898<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen27\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">2,301<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen27\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">782<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen27\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">533<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen27\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">282<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><i>Less expenses excluded from Station Operating Income<\/i><\/span><\/p>\n<p class=\"prnews_p\"><span class=\"prnews_span\"><i>\u00a0\u00a0 for the Television Segment, as defined by the Indenture,<\/i><\/span><\/p>\n<p class=\"prnews_p\"><span class=\"prnews_span\"><i>\u00a0\u00a0 but included in operating income (loss):<\/i><\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Depreciation and amortization<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,768<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">427<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">447<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">450<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">444<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Loss on the disposal of assets, net<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">427<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">289<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">138<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Impairment charges<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Non-cash barter expense<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">657<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">169<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">162<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">182<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">144<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>GAAP Operating Income (Loss) for the Television <br \/>Segment<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen29\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>$<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen29\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>1,046<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen29\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen29\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,416<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen29\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen29\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">35<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen29\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen30\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(99)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen29\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen30\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(306)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td colspan=\"21\" class=\"prngen18\"><\/td>\n<\/tr>\n<tr>\n<td colspan=\"21\" class=\"prngen18\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen14\"><\/td>\n<td class=\"prngen14\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Twelve Months <br \/>Ended<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen14\"><\/td>\n<td class=\"prngen14\"><\/td>\n<td colspan=\"14\" nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Quarters Ended<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen14\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen14\"><\/td>\n<td class=\"prngen14\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>December\u00a031,<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen14\"><\/td>\n<td class=\"prngen14\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Dec. 31,<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen14\"><\/td>\n<td class=\"prngen16\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen28\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Sept. 30,<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen14\"><\/td>\n<td class=\"prngen16\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen28\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>June 30,<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen14\"><\/td>\n<td class=\"prngen16\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen28\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>March 31,<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen14\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen14\"><\/td>\n<td class=\"prngen14\"><\/td>\n<td colspan=\"2\" class=\"prngen15\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>2018<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen14\"><\/td>\n<td class=\"prngen14\"><\/td>\n<td colspan=\"2\" class=\"prngen15\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>2018<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen14\"><\/td>\n<td class=\"prngen14\"><\/td>\n<td colspan=\"2\" class=\"prngen15\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>2018<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen14\"><\/td>\n<td class=\"prngen14\"><\/td>\n<td colspan=\"2\" class=\"prngen15\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>2018<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen14\"><\/td>\n<td class=\"prngen14\"><\/td>\n<td colspan=\"2\" class=\"prngen15\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>2018<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen14\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Station Operating Income for the Television<\/b><\/span><\/p>\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>\u00a0\u00a0 Segment, as defined by the Indenture<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>$<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen27\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>4,925<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen27\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,647<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen27\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,471<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen27\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,064<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen27\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">743<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><i>Less expenses excluded from Station Operating Income<\/i><\/span><\/p>\n<p class=\"prnews_p\"><span class=\"prnews_span\"><i>\u00a0\u00a0 for the Television Segment, as defined by the Indenture,<\/i><\/span><\/p>\n<p class=\"prnews_p\"><span class=\"prnews_span\"><i>\u00a0\u00a0 but included in operating income (loss):<\/i><\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Depreciation and amortization<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,907<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">434<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">432<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">504<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">537<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Loss (gain) on the disposal of assets, net<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(6)<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">3<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">29<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(38)<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Impairment charges<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">483<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">483<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Non-cash barter expense\u00a0(income)<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">57<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">79<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">6<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(21)<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(7)<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>GAAP Operating Income (Loss) for the Television <br \/>Segment<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>$<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>2,484<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen20\"><\/td>\n<td class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,131<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen20\"><\/td>\n<td class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,004<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen20\"><\/td>\n<td class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">136<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen20\"><\/td>\n<td class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">213<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen18\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen18\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen24\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>As of December\u00a031, 2019<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Secured Leverage Ratio, <i>as defined by the Indenture<\/i><\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>5.4<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<\/tr>\n<\/table>\n<\/div>\n<p>\u00a0<\/p>\n<p><b>Unaudited Segment Data<\/b><\/p>\n<p>We have two reportable segments: radio and television.\u00a0 The following summary table presents separate financial data for each of our operating segments:<\/p>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prntblns\">\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen18\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td colspan=\"6\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Quarter Ended<\/b><\/span><\/p>\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>December 31,<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td colspan=\"6\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Year Ended<\/b><\/span><\/p>\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>December 31,<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><i>Amounts in thousands<\/i><\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td colspan=\"2\" class=\"prngen15\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>2019<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen27\"><\/td>\n<td colspan=\"2\" class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>2018<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td colspan=\"2\" class=\"prngen15\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>2019<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen27\"><\/td>\n<td colspan=\"2\" class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>2018<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen18\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td colspan=\"6\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td colspan=\"6\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Net revenue:<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Radio<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">40,821<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">35,614<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">140,385<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">126,399<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Television<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">5,297<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">4,031<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">16,280<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">15,970<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml30\"><span class=\"prnews_span\">Consolidated<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">46,118<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">39,645<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">156,665<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">142,369<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Engineering and programming expenses:<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Radio<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">5,913<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">5,085<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">22,283<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">21,101<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Television<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,611<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,306<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">6,598<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">4,715<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml30\"><span class=\"prnews_span\">Consolidated<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">7,524<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">6,391<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">28,881<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">25,816<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Selling, general and administrative expenses:<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Radio<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">13,730<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">12,357<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">58,351<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">49,585<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Television<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,554<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,157<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">6,441<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">6,387<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml30\"><span class=\"prnews_span\">Consolidated<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">15,284<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">13,514<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">64,792<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">55,972<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Corporate expenses:<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">3,211<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">2,365<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">11,721<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">10,540<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Depreciation and amortization:<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Radio<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">449<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">403<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,623<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,659<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Television<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">427<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">434<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,768<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,907<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Corporate<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">55<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">58<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">211<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">235<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml30\"><span class=\"prnews_span\">Consolidated<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">931<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">895<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">3,602<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">3,801<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Loss (gain) on the disposal of assets, net:<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Radio<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(16)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">168<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(62)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(3)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Television<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">289<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">3<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">427<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(6)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Corporate<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen21\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(12,541)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml30\"><span class=\"prnews_span\">Consolidated<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">273<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">171<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">365<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen23\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(12,550)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Recapitalization costs:<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Radio<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Television<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Corporate<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,556<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,986<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">6,845<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">6,713<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml30\"><span class=\"prnews_span\">Consolidated<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,556<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,986<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">6,845<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">6,713<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Executive severance expenses:<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Radio<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Television<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Corporate<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,844<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml30\"><span class=\"prnews_span\">Consolidated<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,844<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Impairment charges:<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Radio<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Television<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">483<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Corporate<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml30\"><span class=\"prnews_span\">Consolidated<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">483<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Other operating income:<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Radio<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(16)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Television<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Corporate<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml30\"><span class=\"prnews_span\">Consolidated<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen23\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(16)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Operating income (loss):<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Radio<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">20,745<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">17,601<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">58,206<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">54,057<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Television<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,416<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,131<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,046<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">2,484<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Corporate<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen21\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(4,822)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen21\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(4,409)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen21\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(20,621)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen21\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(4,947)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnml30\"><span class=\"prnews_span\">Consolidated<\/span><\/p>\n<\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">17,339<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">14,323<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">38,631<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">51,594<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<\/tr>\n<\/table>\n<\/div>\n<p>\u00a0<\/p>\n<p>SOURCE  Spanish Broadcasting System, Inc.<\/p>\n<\/div>\n<p> <\/p>","protected":false},"excerpt":{"rendered":"<div class=\"xn-content\">\n<p \/>\n<p \/>\n<p \/>\n<p><span class=\"xn-location\">MIAMI<\/span>, <span class=\"xn-chron\">March 30, 2020<\/span> \/PRNewswire-HISPANIC PR WIRE\/ &#8212; Spanish Broadcasting System, Inc. (the &#8220;Company&#8221; or &#8220;SBS&#8221;) (OTCQB: SBSAA) today reported financial results for the quarter- and year- ended <span class=\"xn-chron\">December 31, 2019<\/span>. <\/p>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prntblns\">\n<tr>\n<td colspan=\"27\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Financial Highlights <\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>&lt;td colspan=&quot;27&quot;&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[3],"tags":[],"class_list":["post-1335","post","type-post","status-publish","format-standard","hentry","category-aaron-sanchez"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Spanish Broadcasting System, Inc. Reports Results for the Fourth Quarter 2019 - Multisitio 2<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wordpress2.hdnweb.com\/en\/2020\/03\/30\/spanish-broadcasting-system-inc-reports-results-for-the-fourth-quarter-2019\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Spanish Broadcasting System, Inc. Reports Results for the Fourth Quarter 2019 - Multisitio 2\" \/>\n<meta property=\"og:description\" content=\"MIAMI, March 30, 2020 \/PRNewswire-HISPANIC PR WIRE\/ -- Spanish Broadcasting System, Inc. (the &quot;Company&quot; or &quot;SBS&quot;) (OTCQB: SBSAA) today reported financial results for the quarter- and year- ended December 31, 2019. Financial Highlights &lt;td colspan=&quot;27&quot;...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wordpress2.hdnweb.com\/en\/2020\/03\/30\/spanish-broadcasting-system-inc-reports-results-for-the-fourth-quarter-2019\/\" \/>\n<meta property=\"og:site_name\" content=\"Multisitio 2\" \/>\n<meta property=\"article:published_time\" content=\"2020-03-30T19:25:00+00:00\" \/>\n<meta name=\"author\" content=\"venred\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"venred\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"16 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/wordpress2.hdnweb.com\\\/2020\\\/03\\\/30\\\/spanish-broadcasting-system-inc-reports-results-for-the-fourth-quarter-2019\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/wordpress2.hdnweb.com\\\/2020\\\/03\\\/30\\\/spanish-broadcasting-system-inc-reports-results-for-the-fourth-quarter-2019\\\/\"},\"author\":{\"name\":\"venred\",\"@id\":\"https:\\\/\\\/wordpress2.hdnweb.com\\\/#\\\/schema\\\/person\\\/c112e8e970f2cfc8553cdb5392b493ad\"},\"headline\":\"Spanish Broadcasting System, Inc. Reports Results for the Fourth Quarter 2019\",\"datePublished\":\"2020-03-30T19:25:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/wordpress2.hdnweb.com\\\/2020\\\/03\\\/30\\\/spanish-broadcasting-system-inc-reports-results-for-the-fourth-quarter-2019\\\/\"},\"wordCount\":3308,\"commentCount\":0,\"articleSection\":[\"Aaron Sanchez\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/wordpress2.hdnweb.com\\\/en\\\/2020\\\/03\\\/30\\\/spanish-broadcasting-system-inc-reports-results-for-the-fourth-quarter-2019\\\/\",\"url\":\"https:\\\/\\\/wordpress2.hdnweb.com\\\/en\\\/2020\\\/03\\\/30\\\/spanish-broadcasting-system-inc-reports-results-for-the-fourth-quarter-2019\\\/\",\"name\":\"Spanish Broadcasting System, Inc. 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