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Posted AT 8:59 AM EST on 25/08/08

Private radio still prospering: Statscan

The Canadian Press

OTTAWA — A new report says traditional radio is prospering in spite of new technologies such as satellite radio, online radio and portable digital players. Statistics Canada says advertising revenue among private radio broadcasters advanced 6 per cent to $1.5-billion in 2007. That's the third time in five years radio advertising growth has outpaced advertising market growth as a whole. And private radio reported 19.

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