Tag: Radio Business
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Beasley Media Group Sees Total Revenue Decline Despite Digital Growth in Second Quarter
The company added that revenue declines were mitigated by that digital performance and also an influx of political advertising.
Audacy Shrinks Operating Losses in Second Quarter Financial Results
Audacy also says it is preparing to exit the pre-packaged bankruptcy proceedings it initiated earlier this year.
Saga Communications Sees Slight Dip in 2nd Quarter Revenue
The company saw a net income of $2.5 million, down from $3.55 million during the same window in the previous year.
iHeartMedia Reports First Revenue Uptick Since 2022 During Second Quarter
Digital audio revenue represented 31% of the company's total for the quarter.
Salem Media Group Sees Net Profit Despite Dip in Total Revenue During 2nd Quarter
The profit the company made is in sharp contrast to its finish from the same quarter in 2023. During the second quarter of last year, Salem lost $7.09 million.
Townsquare Media Sees Slight Revenue Decline During 2nd Quarter
Digital revenue rose by 1%.
Local Advertising Forecasted to Eclipse $170 Billion in 2025, New BIA Projections Show
The company also projects that digital media revenue will eclipse traditional media next year.
Beasley Media Group Announces Promotions for Mary Menna, Mac Edwards, Ron deCastro
“These changes reflect the company’s continuous commitment to streamline our sales efforts and drive revenue in an efficient manner..."
Gordon Borrell Believes in the Bevy of Options Available to Local Advertisers in 2024
"Advertisers are willing to experiment. They've got twice as many choices out there today."
Cumulus Media Reports 2.5% Revenue Drop During 2nd Quarter
"While the advertising outlook remains uncertain, our advertisers continue to be focused on when – not if – they’re going to return to more typical spending levels."