Tag: Media Business
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Cumulus Media Reports 10% Revenue Decline During 2025
"Looking ahead, we remain focused on building on the core strengths of the Company to maximize value."
Is the Podcast Boom Already Over?
I know that the days of having a successful audio-only version of a podcast are over. But are we already at the end of new shows being launched?
MeidasTouch Network Completes Round of Funding Led by Soros Management Fund
"This investment allows us to think bigger."
Wright Media Group Adds Four to Growing Team
“We all believe local radio has its greatest opportunity ever, starting right now. While others debate the challenges, WMG is conquering them."
BIA Advisory Services Ups 2026 Local Advertising Forecast to $185 Billion
“Stronger spending from higher-income households is supporting discretionary categories like travel, leisure, and automotive, while value-oriented spending is shaping demand in retail, restaurants, and essential services.”
iHeartMedia Begins Round of Layoffs Affecting Management, Sales Staffs
iHeartMedia has begun a round of layoffs that includes management and sales departments throughout the company.
If you or someone you know is affected,...
Beasley Media Group Sees 14% Decrease in Overall Revenue in 2025
Digital revenue accounted for 24% of the company's net revenue during 2025, with the sector seeing a 5.9% increase compared to 2024.
Paramount Skydance President Jeff Shell Exits
Shell has been on the job for less than a year. He joined the company in August 2025.
Cumulus Media Reaches Agreement to Keep Mary Berner as CEO Post-Bankruptcy
Berner's base salary is set at $1.25 million annually, with a target bonus equal to 100% of her salary and a maximum payout of up to 200% depending on performance.
The Three People Every Radio Station Needs — And Why Most Are Missing One
If you have all three, you can build something people remember. If you are missing one, your station can still function, but it will underperform.