Tag: Media Business
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News Media Reacts to Facebook, Instagram Going Down
Many in the news media world took to X to share their displeasure with the development, while others joked they were worried their pages had been hacked.
Presidential Ad Spending Slowing Due to Uncompetitive Primary Season
“Looking ahead to future primaries, there appears to be a lull in Presidential spending.”
After Changes to Apple Podcasts Metrics, Some Shows Have Seen Audience Losses of 20%
This American Life previously featured 4.5 million listeners per week. The podcast now sees an audience of 3.5 million due to the changes.
Former ESPN President John Skipper After Paramount/WBD Talks Dissolve: ‘There Still Has to Be Consolidation’
"It's a game of musical chairs and they're not going to be enough chairs for all the companies that exist right now to make significant profits."
iHeartMedia Names Taylor Jukes Senior Vice President of Programming in San Diego
She moves to San Diego after serving as Program Director of Miami CHR station Y100.
AM/FM Radio Still Dominates Rural Areas, New Edison Report Shows
In rural areas, 43% of time spent with audio was with AM/FM radio, compared to 36% for suburban and 34% for urban dwellers.
iHeartMedia Revenue Dropped 4% in 2023, Podcast Revenue Up 14%
“We expect to see a significant year-over-year improvement in our 2024 financial performance, supported by our ongoing efficiency efforts and what is anticipated to be a record-setting political advertising year.”
NAB Plots ‘First of Its Kind’ Welcome Session for Upcoming NAB Show
"This year's NAB Show Welcome will be an unparalleled and exciting experience for the NAB Show community."
Report: Radio Revenue Dropped 1.5% to $15B in 2023
“The radio station business has been challenged to remain relevant and part of national ad budgets, although it is still relatively strong in the local ad markets.”
Warner Bros. Discovery Halts Merger Talks with Paramount Global
Skydance Media continues to perform "due diligence" on a potential purchase of the company.