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Radio stations’ annual revenue growth will average 3.2%, reaching $28.7 billion by 2016, according to SNL Kagan. Radio stations will finish 2007 with a 1.5% drop in revenue excluding nonspot sales. Radio sales will drop to less than $20 bln in 2007, compared with $20.1 bln in 2006, again excluding nonspot sales. A revenue total including nonspot slightly mitigates the decline to a projected 0.8% for 2007.
* Does money make us happy after all?
* McGraw-Hill axed from iPad launch after CEO leaks on TV
* Twitter looks to evade censors
* Yelp snags $25M from Elevation Partners
* As Devices Pull More Data, Patience May Be Required
* French Tax on Telecoms Services Deemed Illegal by European Commission
* House.gov Gets Hacked
Today's Featured Company / Person - Traineo - Traineo is a web-based fitness tracker that not only covers the basics like letting you log your weight and activity, but graphs the results and projects future outcomes. One of the frustrations many people trying to lose weight experience is an uncertainty about whether or not what they are doing is actually working and how long it will take. Traineo helps by letting you not only track what is going on in the present—current weight, food intake, exercise routine, etc.—but it takes that information and offers projections for what your currently level of activity and food intake will yield in the future.
On Thursday's KenRadio Show, Ken & Andy talked about the twitter power around the iPad, Does money make one happier, Apple deciding who is the next generation publishers, keeping the twittershere free, Yelp gets more investments, can the carriers satisfy the data thrust, French get slapped my the EU and the US Government shows it tech weakness.
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