Bob Pittman: iHeartMedia ‘Will Be Back in Growth Mode in 2024’
Pittman added that he "remains confident that both the advertising marketplace and our company will be back in growth mode in 2024."
Townsquare Sees 5% Revenue Decline in 3rd Quarter
Broadcast radio was the largest revenue driver, but also saw a decrease, dropping 8.6% to $54,2 million.
NAB Pushes Back on Automaker Estimates on Cost to Keep AM Radio
The NAB pointed to data from the Congressional Budget Office that estimates the cost closer to $198 million in 2023.
Radio Sees 8-Year High in Time Spent Listening According to New Data
That 45% number is tied for the fourth quarter of 2019 as the highest percentage in recent years.
Futuri Launches Expanded AudioAI Tool
“AI is evolving at warp speed, as are Futuri’s capabilities.”
Broadcasters Foundation of America Launches Annual Giving Campaign
The foundation has given more than $15 million to eligible broadcasters in the past 20 years, including $1.8 million in this year alone.
Elon Musk: I Bought Twitter Because It Was ‘Having a Corrosive Effect on Civilization’
" I was worried that it was having a corrosive effect on civilization."
USA Today Reporters Suspicious of Company Websites Using AI
The articles had names of reporters that other staff did not recognize, and their content and writing style appeared similar and somewhat “robotic.”
Cumulus Reports 11% Revenue Decline in 3rd Quarter
"Despite the challenging environment, we maximized performance by continuing to focus on areas we can control."
NAB Show New York Sees 12,000 Attendees
That figure represents a 28% increase compared to the 2022 show.
