Tag: Radio Revenue
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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."
With Radio Industry Revenue Not Growing, Other Opportunities Must Be Explored
“Radio is a good business, but unlocking your full revenue potential requires exploring and mastering new spaces..”
iHeartMedia, Audacy, Cumulus Top Radio Earners in 2023, BIA Report Shows
iHeartMedia had four of the top 10 billing stations in the BIA report released earlier this month.
Salem Media Group First Quarter Revenue Drops 8.3%
The company saw a net revenue of $58.6 million in the quarter, a drop of 8.3%. Broadcast revenue fell to $46 million, down 4.6%.
Audacy First Quarter Revenue Up 1%
While radio advertising revenue dropped 2%, digital revenue rose 10% to make up the difference.
iHeartMedia Revenue Drops to Just Under $800 Million in First Quarter
While overall revenue was down, digital revenue was up 7% to $239 million. Specifically, podcast revenue was up 18% to $91 million during the quarter.
Saga Communications Sees 2.5% Revenue Drop In First Quarter
Operating losses were also up for the broadcaster, as it lost $2.4 million during the quarter.
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.