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LMIV

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LMIVLocal Media Internet Venture LLC (Indianapolis, IN)


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During the quarter, LMIV, an internet service company in which the Company had an investment, announced that it would cease operations as of September 30, 2002.
0 million relating to the Company's share of the loss of its unconsolidated affiliate, LMIV, a radio industry internet services startup.
The increase in loss per share is primarily attributable to non-cash charges for an equity loss in its new startup internet affiliate, LMIV, non-cash expenses related to revaluation of derivative activities and a decrease in broadcast cash flow.
 
 
 
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