iHeartMedia Podcast Revenue Up 18%, Leading Q1 2024 Earnings
iHeartMedia CEO Bob Pittman is again praising podcasts as the US' largest radio broadcaster released its 2024 Q1 earnings. Digital audio growth was the strongest segment among mixed divisional results as iHeart looks for a more robust economic landscape.
Salem Media Closes $5.5m Sale On Its California Headquarters
Salem Media Group has completed the sale of its Camarillo, CA headquarters in a transaction finalized on May 1, but that doesn't mean the Christian broadcast company will be leaving Ventura County any time soon.
NABLF, Foundation For A Bright Future Pair To Empower Students
The NAB Leadership Foundation has entered into an innovative partnership with the Foundation For A Bright Future, a nonprofit focused on aiding underprivileged and underrepresented children, to provide sustainable career paths in media for students.
John Tretbar’s ‘Well Headlines’ Brings Oil Industry News To Radio
Journalist and broadcaster John P. Tretbar has introduced Well Headlines, a new 90-second daily syndicated radio segment focused on the oil energy sector. The report delivers updates on events that influence financial markets and impact the oil industry.
Los Angeles’ LAist Is Public Radio’s Latest Seeking Staff Buyouts
A second Los Angeles area NPR affiliate is navigating financial challenges by introducing a voluntary buyout program aimed at reducing its workforce while attempting to avoid layoffs. LAist (KPCC) is trying to reduce the effects of a multi-million dollar budget shortfall.
Neuhoff Closes $2 Million Illinois Sale To Champaign Multimedia
Neuhoff Media has closed on the sale of its eight radio stations in Decatur and Danville, IL, along with their digital news platforms, to Champaign Multimedia Group for $2 million. First announced in February, the sale comes as Neuhoff divests its entire radio portfolio.
Forgy Focuses On Resilience As Saga Reports Q1 2024 Loss
"Radio isn't broken, it's just slowing down - maybe a little misunderstood." Saga Communications CEO Chris Forgy delivered another memorable, if more muted, earnings call on Thursday as the company's candid leader discussed a "subpar Q1 performance."
OUT TODAY: ABC Audio’s Liz Alesse On Radio’s ‘Urgency Factor’
Women have always played a pivotal role in shaping the radio industry, bringing power, perspective, and innovation at every level. The May issue of Radio Ink recognizes and celebrates their contributions with our 25th annual Most Influential Women in Radio issue.
Rolling With The RIFs: Would You Be Prepared?
(By Gary Berkowitz) Losing your job is right up there with major life losses. With so many people losing their positions this week, please allow me to share some ideas to help you get through this.
Townsquare Media Swings To Net Income In Q1 2024 Earnings
Townsquare Media continues to become more "digital first" by the quarter. In Q1 2024, digital revenue came to represent 53% of the company's total net revenue in what leadership described as a challenging yet strategically promising first quarter.
From Sacramento to Dallas: Andrew Garcia Joins KERA As Host
After a stint at Sacramento's Capital Public Radio, Andrew Garcia is joining Dallas, Texas' KERA News 90.1 as Morning Edition Host. Garcia previously volunteered and advised at KSSU, California State University-Sacramento’s student-run station.
Rudy Giuliani Pulled From NYC’s WABC For 2020 Election Claims
Red Apple Media's 77WABC has suspended former NYC Mayor Rudy Giuliani and canceled his daily talk show following his repeated attempts to discuss discredited claims about the 2020 presidential election, despite warnings against doing so.
Mark Boelke Named Entravision CFO Amid Executive Streamlining
As Entravision Communications maneuvers around the impending closure of Meta's Authorized Sales Partner program, the global digital advertising leader and Hispanic radio broadcaster is streamlining its executive management team.
Buzz Knight’s ‘Takin A Walk’ Hikes Into Rock & Roll Hall of Fame
Buzz Knight's Takin A Walk music history interview podcast has announced the donation of select episodes to the Rock & Roll Hall of Fame Library & Archives. The podcast features thorough discussions with prominent figures in the music industry, past and present.
IAB: Podcasting Will Break $2 Billion Ad Revenue Barrier In 2024
The increase in podcast ad revenue may have been more modest in 2023, but the Interactive Advertising Bureau forecasts the medium will bring in more than $2 billion for the first time in 2024 after cresting the $1b mark only three years ago.
SiriusXM PGA Championship Coverage To Go Live from Louisville
SiriusXM has unveiled its live coverage plans for the 2024 PGA Championship from Valhalla Golf Club in Louisville running May 16-19. In partnership with Westwood One, SiriusXM will broadcast live play-by-play coverage daily throughout the tournament.