Business

Sports accounted for the largest share of top genres, with seven advertisers spending the most in the category. Five advertisers made comedy their largest category, while news accounted for the remaining three.

The full settlement terms haven't been publicly detailed.

"The industry is rebuilding its playbook mid-flight."

"I’m grateful for this team, energized by what’s ahead, and excited for our next chapter.”

"The AI slop that's going to be out there, including in the podcast space, is going to be extreme in the next five years. It's going to take the value of podcast impressions down to almost zero."

"We look forward to serving our communities with hometown ideas, local broadcasting and a commitment to being an active part of the communities we serve."

“Our strategy is simple: make the world’s best creators and content available wherever consumers choose to listen, watch, and engage."

The company already controls significant assets in Melbourne, Vero Beach, and Lakeland.

"We are especially thankful to Bob for giving us his time and providing this rare opportunity for junior professionals to meet and interact with him.”

"We look forward to working with the Senate Leadership and lead sponsors Senators Markey and Cruz, to finish the job, send this legislation to the President’s desk, and ensure AM radio remains available to listeners and communities across America."