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Magellan AI Promotes Jim Ballas to President of Measurement

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Magellan AI is making moves. The company has promoted Jim Ballas to President of Measurement

What We Know: Ballas joined Magellan AI in 2022 as GM of Measurement. Since then, he built the division into a core business driver. Most notably, he led the March 2026 launch of Broadcast Radio Attribution. That product lets brands evaluate radio campaigns alongside podcasts, streaming audio, and connected TV in one unified view. Additionally, Magellan AI just expanded its partnership with iHeartMedia. That deal leverages iHeartMedia’s simulcast data to connect broadcast radio exposure to measurable outcomes — including web visits, leads, and purchases. Furthermore, attribution reporting through that data is available exclusively to advertisers working with iHeartMedia. Going forward, Ballas oversees strategy, product development, and growth across the entire measurement operation.

What They Said: Cameron Hendrix, CEO and Co-Founder of Magellan AI: “Jim has been instrumental in building Magellan AI’s measurement business into what it is today. From expanding attribution into broadcast radio to scaling tools that help advertisers make smarter decisions across their media mix, Jim’s vision and leadership have been central to our growth. Promoting him to President, Measurement reflects the importance of this business and our confidence in Jim to lead it.”

What Remains Unclear: Magellan AI hasn’t detailed its product roadmap under Ballas’s expanded leadership yet. Furthermore, the company hasn’t outlined plans to grow its broadcast radio measurement footprint beyond the iHeartMedia partnership. The industry will watch closely for additional updates.

What It Means: Radio has consistently struggled to prove its value alongside digital. Consequently, these two developments together matter more than either one alone. Magellan AI isn’t just building analytics — it’s building an infrastructure that gives radio sellers a credible seat at the advertiser’s table. Moreover, the iHeartMedia partnership puts real scale behind that argument. For anyone buying or selling audio advertising, pay attention to what Magellan AI does next.

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Sony Music Pursues Multibillion-Dollar Recognition Music Takeover

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Sony Music Group is pursuing a landmark acquisition. The target is Recognition Music Group, and the stakes are enormous.

What We Know: As reported by The Hollywood Reporter, Sony is in active talks to acquire Recognition Music Group. The deal would primarily transfer publishing rights for iconic artists — including Justin Bieber, Neil Young, and the Red Hot Chili Peppers.

This follows major deals like Primary Wave’s acquisition of Kobalt and BMG’s purchase of Concord.

What The Numbers Show: Valuations vary widely, with Bloomberg citing $3.5–$4 billion and Billboard reporting a figure closer to $2 billion. Neither figure is confirmed.

What Remains Unclear: The deal has not been finalized. Final pricing remains a major unknown, with estimates ranging by nearly $2 billion. It’s also unclear which specific catalog assets are included beyond publishing rights. Additionally, a timeline for closing hasn’t emerged publicly.

What It Means: This acquisition would further consolidate Sony’s dominance in music publishing. Major catalog rights continue attracting institutional money at a rapid pace.

For the broader industry, the deal signals that premium music assets still command extraordinary valuations.

Whoever lands Recognition gains leverage over some of the most valuable songs in modern history.

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Warner Bros. Discovery Reports 1% Revenue Decline in 2026’s First Quarter

Warner Bros. Discovery has released its 2026 first-quarter financial results. Overall, the company saw a slight decrease.

What We Know: Total revenue for Warner Bros. Discovery reached $8.9 billion during the quarter. Distribution revenues were largely unchanged, while streaming subscribers helped offset any losses there. Additionally, losses were offset by Paramount Skydance paying Netflix the $2.9 billion due after the streaming giant was unable to complete the deal to purchase the company.

What the Numbers Show:

Segment 2026 2025 % Change
Distribution $4,906,000 $4,886,000 –%
Advertising $1,847,000 $1,980,000 ↓ 7%
Content $1,887,000 $1,866,000 ↑ 1%
Other $253,000 $247,000 ↑ 2%
Total Revenues $8,893,000 $8,979,000 ↓ 1%

Total Adjusted EBITDA was $2.2 billion, up 5% from the $2.1 billion it ended during the same quarter in 2025.

What They Said: “We’ve said consistently that we’re living through a period of historic disruption in media and entertainment … Each segment of our business is demonstrably more nimble and better positioned for future success than when Warner Bros. Discovery was formed. That’s a testament to the hard work and dedication of our talented team of 30,000 plus colleagues who have remained focused and relentless in pushing Warner Bros. Discovery forward.” -CEO David Zaslav

What It Means: The company still puts a large value on HBO Max and will continue to do so. Warner Bros. Discovery CEO David Zaslav says that he believes HBO Max will surpass 150 million global subscribers by the end of 2026. Zaslav said that the company sees “nothing but strong growth ahead for HBO Max.” It’s also positive news for Paramount Skydance, who still hopes to acquire WBD later this year, pending regulatory approval.

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Elle Duncan to Craig Carton: Russini-Vrabel Story Doesn’t Define Women Broadcasters

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Elle Duncan is pushing back hard on the idea that Dianna Russini’s situation makes it tougher for women in sports media. Instead, she says the real problem is the men who were never going to respect women’s work in the first place.

What We Know: Craig Carton spoke with Duncan about the reported relationship between Mike Vrabel and Dianna Russini and its potential effect on younger women trying to advance in sports broadcasting. The question suggested that old stereotypes about how women get jobs in the industry could increase. Duncan immediately rejected the premise. She believes tying one situation to the broader female workforce is not only wrong, it is dangerous. In addition, Duncan says accusations about women earning roles through looks, diversity initiatives, or “nefarious things” long predate this specific story. In her view, critics simply use each new controversy as fresh ammunition. They are not reassessing women’s credibility, just confirming beliefs they already held.

What They Said: Elle Duncan, Netflix: “If you are chauvinistic enough to associate the actions of one and apply them to all women, and you were never going to take a woman seriously anyway on her job, you were always going to minimize why she got that role.”

What Remains Unclear: Duncan’s stance raises important questions for the industry. Will executives and decision makers quietly let incidents like this shape hiring or promotion choices? Are there male and female voices in newsrooms who still believe one woman’s actions stain the entire gender? Additionally, how do young women process the online backlash around stories like this, even if they agree with Duncan’s logic? The tension between public perception and private confidence remains unresolved. So does the role social media plays in amplifying bad-faith narratives.

What It Means: Duncan’s core message to sports media professionals is blunt. Don’t treat one controversy as a referendum on every woman in the business. Carton deserves credit for raising the question. He also gave Duncan room to explain why gossip or groupthink shouldn’t overshadow performance. Moreover, Duncan is urging women on-air and behind the scenes to demand merit-based judgment and reject collective blame.

Elle Duncan shared her thoughts on The Craig Carton Show. The full conversation can be seen below.

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Amy Howe Departs As FanDuel CEO

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FanDuel has parted ways with CEO Amy Howe after five years. President Christian Genetski will now lead the nation’s top sportsbook.

What We Know: Howe took the helm in 2021, steering FanDuel through a dramatic expansion in sports betting. She became one of few women executives in the gambling industry. Notably, she championed responsible gaming, refusing stadium ads and NIL deals with college athletes. Following the news, shares of FanDuel parent company Flutter dropped Wednesday afternoon — continuing a troubling slide of nearly 60% over the past year.

What They Said: Amy Howe in a company email announcing her departure: “As I sit down to write this, I’m filled with a combination of gratitude and tremendous pride for what we’ve accomplished together as the industry leader in online gaming. After more than five unforgettable years, the time has come for me to step away from FanDuel and begin a new chapter.”

Flutter CEO Peter Jackson: “I would like to thank Amy for her contribution to Flutter and FanDuel, and recognize the impact she has had on the business since joining in 2021. We wish her every success for the future. Within the US business we have also narrowed ownership of the drivers of sportsbook performance. These changes will sharpen focus on US sportsbook, strengthen the connection between our US and International operations, and fully leverage the Group’s expertise and strategic ambition.”

What Remains Unclear: The exact circumstances behind Howe’s departure remain unknown. Furthermore, Flutter’s February 2026 guidance missed Wall Street expectations, adding pressure to an already struggling stock. As its predictions market grows, the company faces pressure to prioritize that business over expanding sports betting operations.

What It Means: Howe was the right choice for the time. With states continuing to legalize sports gambling, FanDuel needed a focused leader of balancing growth with responsibility. Howe helped provide that growth. However, new challenges now face the company as prediction markets attract customers in states without legalized sportsbooks. New CEO Christian Genetski brings more than a decade of company experience. Plus a fresh vision for capturing both sportsbook and prediction market users.

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97.1 The Fan Los Angeles Announces Daytime Lineup Launching May 18

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Audacy has announced the lineup for its new Los Angeles based FM sports outlet. The 97.1 The Fan lineup consists of names that are recognizable with followings based in the Los Angeles area.

What We Know: Los Angeles is getting its first-ever FM all-sports radio station. Audacy updated the official launch date of 97.1 The Fan to May 18 at 6:00 a.m. PT with a full weekday lineup. Three live and local shows will anchor the schedule. Derek Fisher, Cody Decker, Brock Vereen, Alex Curry, Doug McKain, and Bill Reiter lead the on-air talent.

What They Said: Brand Manager Andrew Williams “Los Angeles is a sports powerhouse with a deep connection between teams, fans, and culture, and this new lineup brings together championship-level personalities, veteran player perspective, and sharp analytical expertise. We’re building a full-scale, live and local LA sports network that brings sports to the FM dial and across multiple platforms to meet our audiences where they are. We’re excited to give fans an unparalleled listening and viewing experience that’s as entertaining and authentic as it is insightful.” 

What Remains Unclear: Weekend programming and additional daypart plans have not yet been announced. Additionally, the station has yet to announce any rights partnerships with local teams. It’s also unclear whether any simulcast television components will accompany the launch. However, the station will be live streamed on YouTube and Twitch video platforms.

What It Means: In speaking with sources, there is still a lot to uncover about the full makeup of what 97.1 The Fan will bring. For instance, could Audacy shift the broadcasting rights to the FM play by play events to the brand from it’s sister station 93.1 Jack FM. Also, there’s no evening programming listed on the release from the company. By shifting the launch date to May 18, that will allow station management to arrange their plans for the evenings so they can encompass a full 6am-10pm live and local feel. Overall, the roster is a blended mix of sports talk talent with personalities that fit an LA vibe. Will be interested to see what this means for Cody Decker’s podcast with Michelle Beadle as well.

Weekday Daytime Lineup:

  • 6:00 a.m. – 10:00 a.m. PT: “Derek & Decker” with Derek Fisher and Cody Decker 
  • 10:00 a.m. – 2:00 p.m. PT: “Brock & Alex” with Brock Vereen and Alex Curry
  • 2:00 p.m. – 6:00 p.m. PT: “D-Mac & Reiter” with Doug McKain and Bill Reiter

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Casey Kasem’s American Top 40 Surpasses 600 Affiliates

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Casey Kasem’s American Top 40 has hit 600 affiliates. The Countdown keeps on climbing.

What We Know: Premiere Networks confirmed this week that Casey Kasem‘s American Top 40 has crossed the 600-affiliate threshold. Specifically, iHeartMedia’s 93.7 The River in Sacramento marks the landmark addition. Starting May 10, the station will air American Top 40 – The 80’s on Sundays from 8 a.m. to noon PT. Furthermore, the show carries deep historical roots — Kasem created it originally in 1970. Additionally, listeners can still access its original broadcast form spanning 1970 through 1988.

What They Said: Peter Tripi, Executive Vice President of Affiliate Sales for Premiere Networks, credited the show’s staying power. “This milestone is a testament to the enduring legacy of Casey Kasem and the timeless appeal of American Top 40,” he said.

Tripi added: “These classic shows continue to resonate with audiences of all ages, and we’re thrilled to welcome 93.7 The River as the latest station to bring this iconic countdown experience to its listeners.”

What Remains Unclear: How much larger can the show reasonably expand? 600 stations is a big number. There are no new details yet about potential expansion into new markets.

What It Means: 600 affiliates is a meaningful number for any syndicated property. It shows that classic-format radio programming still holds commercial value in today’s fragmented audio landscape. This milestone reinforces the franchise’s position as one of syndication’s most durable brands.

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Ramsey Network EVP Blake Thompson to Retire

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After 30 years working for Ramsey Solutions, Ramsey Network Executive Vice President Blake Thompson is set to retire later this year.

What We Know: Thompson was hired as the original producer of Dave Ramsey’s radio show in 1996. Since then, he has overseen the show’s growth and ascended to the role of Executive Vice President of The Ramsey Network. The Ramsey Network has grown from The Ramey Show to now feature 10 podcasts and more than 1,000 employees. Ramsey Network Vice President Hank Fuerst will succeed Thompson as the lead for the network.

What They Said: “I chose years ago to prepare for this transition. That decision allowed me to invest in (Hank Fuerst), ensure the team is where it needs to be, and gradually hand over more responsibility. I learned from Dave that if you give someone too much responsibility too quickly, it can backfire. I’m fully supportive of the next generation getting their opportunity and building on the work they’ve done. This is a win-win for me to step aside and pursue my next chapter while they continue to grow and succeed with the network.” -Blake Thompson

What It Means: It’s the end of an era at Ramsey Solutions. Thompson tells a famous story of when Dave Ramsey informed 99.7 WTN that he planned to syndicate his show. Engineers asked who would handle the technical operations. Ramsey pointed at Thompson and said, “He will.” From there on, Thompson has been a pivotal figure in helping create Ramsey’s empire.

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Luke Bryan, Kane Brown Headline iHeartCountry Festival 2026 in Austin

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Country music’s biggest names took over Austin. The iHeartCountry Festival returned to The Moody Center on May 2, drawing a massive crowd.

What We Know: Luke Bryan, Kane Brown, Shaboozey, Parker McCollum, Riley Green and Carly Pearce headlined the annual event. Bobby Bones returned as host for the nationally syndicated iHeartMedia production. Meanwhile, Disney+ and Hulu livestreamed every performance. The show also broadcast across iHeartCountry stations and the iHeartRadio app nationwide.

What They Said: Carly Pearce delivered one of the night’s most memorable moments. She surprised fans by bringing Riley Green onstage. Together, they performed their collaboration “If I Don’t Leave I’m Gonna Stay.” As Green told the crowd, “There’s nowhere else I’d rather be than right here in Austin with y’all.”

What Remains Unclear: Future festival dates and locations have not yet been announced. Whether the Disney+ and Hulu livestream will remain available for on-demand viewing is still unknown. iHeartMedia has not confirmed returning headliners for 2027.

What It Means: The iHeartCountry Festival continues to grow into a major pillar of the live event strategy at iHeartMedia, and that strategy now stretches far beyond the iHeartRadio Music Festival in Las Vegas. The company is building large-scale events around formats and fan passion points, with country leading the charge. Add in the multi-platform reach across radio, streaming, and digital, and Austin once again becomes the center of the country music world for a weekend.

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ESPN Studio Programming April Viewership Up 21% Year Over Year

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ESPN’s studio show lineup posted its strongest April performance in years. Consequently, overall viewership jumped 21% compared to April 2025 building upon the momentum from Q1 viewership.

What We Know: April’s gains built directly on a strong Q1, where studio shows combined to average 14% more viewers than the prior year. As a result, major sporting events fueled the surge, including the men’s and women’s college basketball championships, the Masters, and the NFL and WNBA Drafts. Additionally, NBA and NHL playoff coverage drove significant traffic across multiple platforms. Meanwhile, viewership spikes surrounding marquee events continue to outpace recent years, ultimately signaling a broader audience rebound for linear sports television.

What The Numbers Show (March 30-April 26 – via Nielsen Big Data + Panel and YouTube Analytics)

Show / Program TitleAverage ViewershipLift Year Over Year
SportsCenter (Overall)643K+21%
SportsCenter (7 a.m.)288K+23%
SportsCenter (2 p.m.)394K+64%
SportsCenter (5 p.m.)446K+23%
SportsCenter (6 p.m.)529K+28%
SportsCenter (Midnight)444K+39%
SportsCenter (1 a.m.)344K+10%
SC AM (Saturday)541K+29%
SC AM (Sunday)474K+12%
Get Up447K+24%
Pardon the Interruption (PTI)719KN/A
The Pat McAfee Show (Linear + Digital)430KN/A
The Pat McAfee Show (Linear Only)N/A+29%
First Take491K+6%
SportsCenter with Scott Van Pelt580KN/A
NBA Today364K+36%
NFL Live470K+34%

Additionally, the Pat McAfee’s NFL Draft Spectacular special on April 23 drew 54 million minutes across platforms. SportsCenter with Scott Van Pelt averaged 580K for the month and attracted 1.6M viewers after the first night of the NFL Draft.

What Remains Unclear: Whether April’s momentum is sustainable beyond the heavy spring event calendar remains an open question. The 2 p.m. SportsCenter led all shows with a 64% YOY increase — which is fascinating to see audience attract to that timeslot. Furthermore, could that be potentially why a report earlier stated that the network is considering adding a Peter Schrager-led studio program in the daypart?

What It Means: Compared to the Q1 viewership results released last month, The Pat McAfee Show (Linear + Digital) finished 90K below the average viewership for the quarter. Meanwhile, First Take also finished below its quarterly average. However, NBA Today and NFL Live remained relatively flat compared to the Q1 results, even during a particularly busy stretch for both sports. With the NFL off season coming to a close with NBA and NHL postseason dominating the conversation. May’s figures could prove interesting for programming very geared for NFL fans and viewers alike.

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