Business

“They lecture the Commission about competition and the importance of local journalism despite their complete lack of involvement in promoting, preserving, or expanding local news."

Overall, 13 of the top 15 advertisers increased their podcast spending month over month.

"The collaboration represents a strategic step for Cumulus as it seeks to modernize how listeners interact with its content while creating new revenue opportunities for advertisers and stakeholders."

Christmas Day saw a huge increase in viewership for Netflix, as the streaming platform showed an NFL doubleheader and the highly anticipated series finale of Stranger Things.

"By coming together with Netflix, we will combine the stories Warner Bros. has told that have captured the world’s attention for more than a century and ensure audiences continue to enjoy them for generations to come."

"Such consolidation risks undermining localism, diminishing viewpoint diversity, and weakening the ability of independently owned and mission-driven stations to serve their communities with responsive, community-focused programming."

"It would be one thing if they were citing these studies to diligently identify how local TV station combinations can diminish the provision of news. But unfortunately, there is something more perilous in their position."

The company said it will remain open to feedback and that its long-term focus "remains on building products that millions of people and businesses find valuable enough to pay for."

“This industry stands alone in its mission to inform, protect and uplift every community in America, regardless of ZIP code or income level.”

Digital advertising has received the largest share of any medium thus far.