Tag: Radio Revenue
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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%.
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.