Entercom Communications Corp. is a radio broadcasting companies in the United States. The Company operates with a nationwide portfolio in excess of 100 stations in 23 markets, including San Francisco, Boston, Seattle, Denver, Portland, Sacramento and Kansas City, Indianapolis, Milwaukee, Austin, Norfolk, Buffalo, New Orleans, Memphis, Providence, Greensboro, Greenville/Spartanburg, Rochester, Madison, Wichita, Wilkes-Barre/Scranton, Springfield (MA) and Gainesville/Ocala. During the year ended December 31, 2010, it generated approximately 50% of its net revenues in six of its 23 markets (Boston, Denver, Kansas City, Sacramento, San Francisco and Seattle). During 2010, it generated 71% of its net revenues from local advertising, which is sold primarily by each individual local radio station’s sales staff, and 25% from national advertising, which is sold by an independent advertising sales representative.
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