seems to be saying: - ad spend all doom and gloom - revenue will...

seems to be saying:
- ad spend all doom and gloom
- revenue will be way, way lower (maybe some fillip from Comm Games)
- long term outlook grim
- dividend will be cut
- looking at mergers, but s/h need to be aware that their price expectations will not be met.
- regional market and viewers now following trend of bigger mkts and moving away from traditional media.