AOL Time Warner will be valued like a traditional media company with superior growth prospects,

Nextel is focused on the emerging market where wireless penetration is minute and growth potential is still ahead,

Nextel is focused on the emerging market where wireless penetration is minute and growth potential is still ahead.

Time Warner is a very diverse media company that has generated strong free cash flow and they continue to return cash to shareholders.

Ad inventory cuts are a necessary evil. I don't think it will stimulate accelerated growth. It will just allow the radio industry to remain competitive and maintain market share longer in an increasingly fragmented media environment.

To have achieved core profitability and steady growth within such a short window of time is a testament to the remarkable dedication of our staff and board, as well as the community's overwhelming support of a truly local institution.