The study shows that among U.S. drivers, 59% of all audio time spent in cars is with AM/FM Radio, while 85% of ad-supported listening happens on terrestrial radio.
The bill would offer a payroll tax credit to news organizations of $25,000 per employee for the first year and $15,000 for each year following to retain or hire local news reporters.
“We shouldn’t have to sacrifice safety, news, and a way of life simply because some car manufacturers want to make more profits. Let’s get this passed.”
In an internal memo, company founder Michael Bloomberg assured staffers that the elevation of Kliatchko does not affect his standing with the organization...