A drop in revenue from Southern Cross Media's metropolitan radio business has contributed to a seven per fall in the company's quarterly revenue.
Chief executive Grant Blackley said revenue from the Triple M and Hit radio networks in metro areas in the three months to September was down six per cent on the same period a year ago, offsetting revenue growth in the company's regional radio and regional television businesses.
The sale of Southern Cross Media's northern NSW TV operations in the past year was also a factor in the seven per cent fall in the company's total quarterly revenue, he told the company's annual general meeting.
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