Tag: Media Business

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Tom Corson Elevated to WMG Chief Operating Officer

"One of the most dynamic, respected, and effective executives in the music business."

Audacy to Shut Down 840 KXNT in September

"This wasn’t an easy decision.”

Chris Carlin: CBS Sports Possibly Attempting To Get Out Of Contract With Tony Romo

"Is Tony Romo ever going to call its game again for CBS? I think if you asked them today, their preference is no, and they would like to get out."

Spotify Campaign Lift AI Tool Justifies Discovery Mode Royalties

"Discovery Mode has drawn criticism as streaming payola since launch."

Nielsen Canceling Radio Ratings In Seven Small Markets

The decision marks the first time the company has cancelled ratings reports for a market since ending collection of data for nine markets in 2020.

Audacy Promotes Jenna Weiss-Berman to Executive Vice President of Podcasts

“We have a real opportunity to build a cohesive podcast brand that is greater than the sum of its parts, and I look forward to all that's ahead.”

Audacy Plans Reverse Stock Split to Remain on NYSE

“While price of our common stock might meet the continued listing requirements for the NYSE initially, it cannot be assured that it will continue to do so.”

Red McCombs, Clear Channel Co-Founder, Dies

“Red was a visionary entrepreneur who touched many lives and impacted our community in immeasurable ways.”

News Corp. Eliminating 5% of Workforce

"A ... reduction around 1,250 positions this calendar year will create a robust platform for future growth.”

Bob Iger Open to Selling Disney’s Stake in Hulu

“Everything is on the table right now, so I am not going to speculate whether we are a buyer or a seller of it."

Disney Planning Mass Layoffs

Bob Iger has stated that the job cuts are part of a broader plan to make Disney's streaming business profitable and save $5.5 billion in costs.

Soledad O’Brien to Host 2023 Golden Mike Ceremonies

"Combined with her philanthropic endeavors, she is the perfect person to host our special evening.”

YouTube, Libsyn Partner for Real-Time Podcast Metrics

"Libsyn was the first hosting company to support publishing podcasts to YouTube and this data integration furthers our commitment to the multi- channel approach."

Programmatic Podcast Ads To Triple By 2027

“Programmatic is vastly different today, and we're much more smart with it.”

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Audacy to Shut Down 840 KXNT in September

"This wasn’t an easy decision.”

Chris Carlin: CBS Sports Possibly Attempting To Get Out Of Contract With Tony Romo

"Is Tony Romo ever going to call its game again for CBS? I think if you asked them today, their preference is no, and they would like to get out."

Spotify Campaign Lift AI Tool Justifies Discovery Mode Royalties

"Discovery Mode has drawn criticism as streaming payola since launch."

Bill Handel: It’s Clear FCC Attacking ABC on Trump’s Behalf

"As I've said many, many times before, we are in a whole new world, to say the least."