Tag: Radio Revenue
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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.
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."
Entravision, Townsquare, Salem Media, iHeartMedia Top Digital Earners in Radio, Borrell Report Reveals
According to the Borrell Associates report, 20.9% of radio revenue was from digital aspects, on average.
Cumulus Suggests Slight Revenue Drop in 2024 Q1 Preliminary Results
Cumulus will unveil its full first-quarter earnings on Friday, May 3rd.
Radio to See Nearly $120 Million in Congressional Campaign Spending, New Projections Show
Chicago ($7.6 million), Cleveland ($6 million), and Washington D.C. ($5.8 million) have seen the biggest spends in the political advertising sphere in recent weeks.
Townsquare Media Reports 1.9% Revenue Drop in 2023
“Despite the lack of tailwinds at our back in 2023, I am very pleased with how the Townsquare team navigated the progressively challenging economic landscape."
Audacy Reports Uptick in January Revenue
While Audacy has yet to release its fourth quarter and year-end earnings for 2023 due to the bankruptcy proceedings, it reported that revenue for the company was "in line with expectations" during the calendar year.
What the Savannah Bananas Can Teach Sports Radio About Relevance, Ratings, and Revenue
The Savannah Bananas have used one guiding principle to create millions of followers and millions in revenue. It's an easy business for sports radio to emulate.