“On the positive side, the overall trend is growth. Radio revenues are up 18 percent to $1.03 billion, according to Moustapha Abdul, CPB’s director of station analysis. TV revenues grew 10 percent to $1.27 billion. But a closer look reveals that revenues actually dipped 4 percent among 194 radio grantees with annual budgets of less than $1 million and 5 percent among 75 TV grantees with budgets under $5 million.”