Tag: Media Business
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Despite Revenue Drop, Townsquare Posts Profitable First Quarter
Overall, the company saw a revenue decline of 3.4%, down to $99.6 million from the $103.1 million it earned in the fourth quarter of 2023.
Radio Could See 35% Growth in Political Ads in 2024, New Projections Show
“Too many candidates and advocacy groups forget that radio is among the best media to engage with voters for numerous reasons.”
Beasley Media Reports Nearly 6% Revenue Decline Day After Layoffs
The company saw digital revenue grow by 10% compared to the first quarter of 2023.
Despite Slumping Ad Sales, FOX Corp. Sees Income Soar During Latest Quarter
Advertising slumped to $1.24 billion during the quarter compared to $1.88 billion in the prior year.
2024 Giants of Broadcasting Announced By Library of American Broadcasting
The 2024 Giants of Broadcasting honorees will be recognized during a luncheon and awards ceremony on Tuesday, November 12th at Gotham Hall in New York.
Google Podcasts to Close in June
The company will allow publishers just over a month to move their current podcast libraries over to another platform before completely ending the service.
Steve Passwaiter: U.S. Senate Races Will Drive Hundreds of Millions in Political Spending
In three states -- Ohio, Pennsylvania, and Nevada -- a group backing Democrat candidates will spend more than $140 million alone.
Cumulus Sees 7.3% Increase in Digital Revenue as Broadcast Radio Slides
"While our Q1 revenue was in line with guidance and a marked improvement from 2023 trends, it is also reflective of the uncertainty that continues to weigh on advertisers."
Townsquare CEO Bill Wilson: We Used ‘Radio as a Trojan Horse to Build a Digital-First Company’
"We're very proud of the radio business, and to me, we would never have had the success over the last 14 years in transforming into a digital-first company without the DNA of radio."
NAB Opens 2024 Marconi Radio Awards Nominations
Nominations will be accepted until Friday, May 31st.