Question-and-Answer Session
Operator
(Operator Instructions) Your first question comes from Ed Atorino - Benchmark Capital.
Ed Atorino - Benchmark Capital
If you look at the costs in the second quarter sort of by group, will there be much change quarter-to-quarter or is that sort of a good run rate number going forward? That is the first question.
Marshall Morton
I think it is a pretty reasonable expectation going forward. The cuts that we have been talking about, operating cuts, took place most recently in the early part of the second quarter.
Ed Atorino - Benchmark Capital
Were there any restructuring charges in the quarter by division?
Marshall Morton
No
Ed Atorino - Benchmark Capital
Thirdly, looking at 2010, what was your political from the current station base in the last off year election, what would it have been?
Marshall Morton
John is looking that, up Ed, just a second, 2006 was a very strong off year for us.
John Schauss
Ed, we had in 2006 $52 million of revenue
Ed Atorino - Benchmark Capital
That's from the current station line up?
John Schauss
No, it would not be.
Marshall Morton
There was a mix there because we have sold five stations that were part of the mix in 2006 and we had just picked up the four NBC stations that we bought from NBC. We can sort that out for you on a phone call later if you would like.
Ed Atorino - Benchmark Capital
No, that is no big deal. Lastly going forward, if you had to look at 2010, who knows, do you sense that this is a bottom that is going to continue to diminish, that is the rate of decline, continue to diminish any sense on bookings, whatever you call it going forward, both in newspapers and TV?
Marshall Morton
We see increasing evidence, some of it anecdotal, some coming from the Fed and Treasury department that would indicate that we're getting down there. But on a market-by-market basis, we are seeing some signs here as well. Our determination is to push new products into our markets to expand our scope so that even if there is continued softness that we're generating new revenue streams from new customers. And Ray talked about that a bit in some of our online offerings which are picking up new customers.
Ed Atorino - Benchmark Capital
Last question, did you say your interest expense is going to be down in the third quarter?
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