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Audacy Q1 Net Revs Rose 1% to $261.8M


Audacy reported first quarter net revenues rose 1% to $261.8 million from $259.6 million in 2023. Total Radio revenues decreased 2% while Digital revenues increased 10%. Operating loss was $0.4 million down from an operating loss of $12.2 million. Adjusted EBITDA grew 73% to $9.6 million from $3.5 million. The company posted a net loss of $1.85 million More

Updated: May 13, 2024 RSS Facebook Newsletters News

Salem Media Q1 Total Revenue Down 7.5% to $58.6 Million
Salem Media Group
Salem Media Group
Salem Media Group reported first quarter total revenue fell 7.5% to $58.6 million from $63.4 million in 2023. Broadcast revenue was down 4.7% to $46 million and digital revenue was essentially flat at $10.7 million. Operating income fell to loss of $2 million from a loss of $4.1 More

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Buffalo Bills PBP Radio Announcer John Murphy Steps Away
John Murphy
John Murphy
Longtime Buffalo Bills play-by-play radio announcer John Murphy will not return to the team's broadcast booth after a 35-year career, marked by his induction into the Buffalo Broadcasters Association's Hall of Fame. Murphy, who started as a color analyst in 1984, has been the voice behind many of the team's More

Report: Giuliani Out at WABC-AM/New York, Show Cancelled
WABC-AM/New York
WABC-AM/New York
Rudy Giuliani has been removed from his role at WABC-AM/New York, leading to the cancellation of his show, as confirmed by station owner John Catsimatidis and reported by NBC News. Catsimatidis told NBC News that Giuliani had been previously cautioned twice by station management More

Wondery Launches Wondery Ad Analytics Ad Measurement Suite
Wondery
Wondery
Wondery releases Wondery Ad Analytics, a new ad measurement suite to increase transparency, performance and measurement for podcast advertisers. This new product directly addresses requests from advertisers for the types of products and services they want. The More

ESPN 30 for 30 Podcasts Announces Searching for Hobey Baker
Searching for Hobey Baker
Searching for Hobey Baker
ESPN 30 for 30 Podcasts has announced the upcoming debut of its new three-episode podcast series "Searching for Hobey Baker," which chronicles the life of collegiate athlete Hobey Baker, who many consider the first ice hockey star in America. Premiering June 12, the podcast is narrated by actor, writer, More

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Salem Media Sells its Principal Office in Camarillo CA
Salem Media Group
Salem Media Group
Christian radio broadcaster and podcaster Salem Media Group has announced the sale of its principal office in Camarillo, California to Eclipse RE Holdings, for $5.5 million. The deal closes on May 1. Salem will leaseback the building for five years, an approximate 41,546 square foot building situated on More

iHeartMedia Q1 Revenue Down 1.5% to $799 Million
iHeartMedia
iHeartMedia
iHeartMedia reported first quarter revenue declined 1.5% to $799 million from $811.2 million in 2023. Excluding political revenue, revenue was down 2.5%. Operating loss fell to $35 million from $49 million. Consolidated Adjusted EBITDA climbed to $105 million from $93 million, while Free Cash Flow was down More

Townsquare Q1 Net Revenue Down 3.4% to $99.6 Million
Townsquare Media
Townsquare Media
Townsquare Media reported Q1 net revenue decreased 3.4% to $99.6 million from to $103.1 million in 2023. Subscription Digital Marketing Solutions net revenue decreased 15.3%, while Broadcast Advertising net revenue declined 1% and Other net revenue fell 7.8%. Adjusted EBITDA More

Saga Q1 Net Revenue Down 2.5% to $24.7 Million
Saga Communications
Saga Communications
Saga Communications reported first quarter net revenue decreased 2.5% to $24.7 million from $25.3 million in 2023. Station operating expense grew 5.9% to $23 million from $21.7 million. Operating loss was $2.4 million down from an operating income of $905,000, while station operating More

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Apple Now Charting Broadcast Radio with Shazam
Apple Radio Charts
Apple Radio Charts
Apple Music, leveraging Shazam's music recognition technology, has introduced a new feature called Radio Spins charts that tracks the most played songs on broadcast radio worldwide. This integration now allows Apple Music subscribers to access a daily updated global top 200 Radio Chart, along with More

Urban One Signs Ryan Cameron to Multi-Year Agreement
Ryan Cameron
Ryan Cameron
Veteran radio personality, actor, comedian and community advocate Ryan Cameron signs a multi-year agreement with Urban One and Reach Media for the "Ryan Cameron Uncensored Show" (RCUS). His afternoon show currently airs on WAMJ-FM (Majic 107.5/97.5) in Atlanta and syndicated with Reach Media across the More

AGC Kevin Krueger Joins Radio Research Consortium Board
Kevin Krueger
Kevin Krueger
Radio Research Consortium (RRC) recently selected Atlantic Gateway Communications (AGC) President and CEO Kevin Krueger to join their board of directors. A graduate of Walla Walla University (where he was on-air and Program Director at the university station), Krueger played a pivotal role in the development More

Champaign Multimedia Group Closes on Ten in Illinois
Champaign Multimedia Group
Champaign Multimedia Group
Champaign Multimedia Group has closed on its acquisition of ten radio outlets in Illinois from Neuhoff Media. Included in the deal were WDAN-AM, WDNL-FM, WRHK-FM and W284DD licensed to Danville; WDZQ-FM, WSOY-AM, WSOY-FM, WDZ-AM and W277DB licensed to Decatur; and WCZQ-FM licensed to Monticello. The More

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Pancake Exits WMMR-FM/Philadelphia in Ongoing Layoffs
Pancake
Pancake
WMMR-FM/Philadelphia producer and air personality Pancake (aka Chris Ashcraft) is out after getting caught up in Beasley's layoffs. Pancake started at WMMR in the late 2000s, when he was an intern for Pierre Robert. Most recently, he was heard with Pierre Robert, in addition to calling in reports to the More

KERA/Dallas Taps Andrew Garcia as Morning Edition Host
Andrew Garcia
Andrew Garcia
KERA-FM/Dallas taps Andrew Garcia to join the Public Radio outlet as Morning Edition Host from 5:30-10am, beginning May 13. In this role, he'll help North Texans start their day by highlighting the most important stories from NPR and KERA News. Garcia grew up in California's Central Valley and went on to More

NABLF, For A Bright Future Foundation Strike Partnership
National Association of Broadcasters Leadership Foundation (NABLF)
National Association of Broadcasters Leadership Foundation (NABLF)
The National Association of Broadcasters Leadership Foundation (NABLF) announces a partnership with the Foundation For A Bright Future (FABF), a nonprofit organization dedicated to supporting underprivileged and underrepresented children. This collaboration, rooted in shared values More

Nick Cannon, Courtney Bee and Annie Agar to Join Wondery
Wondery
Wondery
Wondery announced its latest lineup of podcast hosts for original programming, during the 2024 IAB Podcast Upfront in New York. Actor, comedian and television host Nick Cannon, alongside comedian and actress Courtney Bee, will co-host season 2 of the original podcast video series, More

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Audacy Podcasts Partners with AEW Superstar Chris Jericho
Chris Jericho
Chris Jericho
Audacy Podcasts partners with AEW superstar and multiple world champion professional wrestler, rock singer, actor and author Chris Jericho for sales and distribution of his weekly podcast "Talk Is Jericho" as of May 1. The show was formerly with SiriusXM. New episodes are available Wednesdays and Fridays on More

Beasley Q1 Net Revenue Down 5.9% to $54.4 Million
Beasley Media Group
Beasley Media Group
Beasley Broadcast Group reported first quarter net revenue decreased 5.9% to $54.4 million from $57.8 million in 2023, primarily reflecting a year-over-year decline in audio advertising. Operating loss was $1.1 million, down from an operating income of $0.4 million, largely due to More

Westwood One Sports Ups Mike Eaby to VP/Executive Producer
Mike Eaby
Mike Eaby
Cumulus Media promotes Mike Eaby to Vice President and Executive Producer of Westwood One Sports. In his new role, he'll manage and oversee all Westwood One Sports multi-platform content and live event production. Eaby will assume his new responsibilities on May 15. He succeeds Howard Deneroff, who departs More

2024 Radio Mercury Awards Finalists Announced
Radio Mercury Awards
Radio Mercury Awards
One hundred and eighteen radio/audio spots and campaigns made it to the finals of the 2024 Radio Mercury Awards. The submissions were created by advertising agencies, brands, production companies, radio stations and students. The 2024 finalists range from regional to large More

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Industry News by Company

Alpha Media
Beasley Broadcast
Cox Media Group
Cumulus Media
Emmis Radio
Entercom Communications
Entravision
iHeartMedia
Nielsen Audio
Radio One
Saga Communications
Salem Communications
Spanish Broadcasting
Townsquare Media
Univision Radio

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Changes & Moves
Pancake
Pancake
WMMR-FM/Philadelphia producer and air personality Pancake (aka Chris Ashcraft) is out after getting caught up in Beasley's layoffs. Pancake started More

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