Salem Media Group First Quarter Revenue Drops 8.3%
The company saw a net revenue of $58.6 million in the quarter, a drop of 8.3%. Broadcast revenue fell to $46 million, down 4.6%.
Audacy First Quarter Revenue Up 1%
While radio advertising revenue dropped 2%, digital revenue rose 10% to make up the difference.
Radio and Podcast Advertising for Road Trippers
3 out of 4 people listen to the car AM/FM radio each week, and 1/3 of adults listen to podcasts each week.
iHeartMedia Revenue Drops to Just Under $800 Million in First Quarter
While overall revenue was down, digital revenue was up 7% to $239 million. Specifically, podcast revenue was up 18% to $91 million during the quarter.
Saga Communications Sees 2.5% Revenue Drop In First Quarter
Operating losses were also up for the broadcaster, as it lost $2.4 million during the quarter.
Despite Revenue Drop, Townsquare Posts Profitable First Quarter
Overall, the company saw a revenue decline of 3.4%, down to $99.6 million from the $103.1 million it earned in the fourth quarter of 2023.
Radio Could See 35% Growth in Political Ads in 2024, New Projections Show
“Too many candidates and advocacy groups forget that radio is among the best media to engage with voters for numerous reasons.”
Beasley Media Reports Nearly 6% Revenue Decline Day After Layoffs
The company saw digital revenue grow by 10% compared to the first quarter of 2023.
Despite Slumping Ad Sales, FOX Corp. Sees Income Soar During Latest Quarter
Advertising slumped to $1.24 billion during the quarter compared to $1.88 billion in the prior year.
2024 Giants of Broadcasting Announced By Library of American Broadcasting
The 2024 Giants of Broadcasting honorees will be recognized during a luncheon and awards ceremony on Tuesday, November 12th at Gotham Hall in New York.
