Regulation FD Disclosure
David J. Field, Chief Executive Officer of Entercom Communications Corp. (the
) and Richard J. Schmaeling, Chief
Financial Officer of the Company, intend to disclose, on and as of April 8, 2019, that (while it is still early in the quarter) the Companys pacings for the second quarter of 2019 are up by more than 4% compared to the second quarter of
2018. This disclosure will be made during meetings with Company investors at the National Association of Broadcasters Show in Las Vegas.
Regarding Pacing Data
Pacing data reflects revenues booked at a specific date versus the comparable date in the prior period and may
or may not reflect the actual revenue growth at the end of the period. Company pacing data includes an adjustment to prior periods to include all acquisitions and exclude all divestitures in both periods presented for comparative purposes.
The pacing data to be disclosed is derived from internal financial reports and is subject to the completion of the quarter and revision based
on the completion of the
accounting and financial reporting process. Accordingly, actual results may differ materially from any preliminary information. The pacing data has been prepared by, and is
the responsibility of, Company management. The Companys independent auditors have not compiled, reviewed, audited or performed any procedures on such data.
Note Regarding Forward-Looking Statements
contains statements with regard to the Companys expectations as to financial results and other aspects of the Companys business that involve risks and uncertainties and may constitute forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933, as amended (the
), and Section 21E of the Exchange Act (the
Forward-looking statements reflect the Companys current expectations concerning future results and events. All statements other than statements of
historical fact are forward-looking statements for purposes of federal and state securities laws, including pacing data.
statements can be identified by the use of words such as anticipates, believes, continues, expects, intends, likely, may, opportunity, plans,
potential, project, will, could, would, should, seeks, estimates, predicts and similar expressions which identify forward-looking statements,
whether in the negative or the affirmative. The Company cannot guarantee that it actually will achieve these plans, intentions or expectations. These forward-looking statements are subject to risks, uncertainties and other factors, some of which are
beyond the Companys control, which could cause actual results to differ materially from those forecasted or anticipated in such forward-looking statements. These risks, uncertainties and factors include, but are not limited to, the factors
described in Part I, Item 1A, Risk Factors of the Companys Annual Report on Form
and its other filings under the Exchange Act.