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FCC Proposes Fines Against Pirate Radio Operations

Federal Communications Commission (FCC)

The FCC has proposed nearly $400,000 in fines under the Preventing Illegal Radio Abuse Through Enforcement Act (PIRATE Act) against unauthorized radio broadcasters in the Miami area. The enforcement actions target pirate radio operators whose illegal broadcasts can interfere with licensed stations, More

Cumulus Q4 Net Revs Down 1.2% to $218.6 Million

Cumulus Media

Cumulus Media reported its fourth-quarter and full-year 2024 financial results, reflecting continued pressure on traditional broadcast revenue but growth in digital operations and cost-cutting measures. For the fourth quarter of 2024, Cumulus reported $218.6 million in net revenue, a 1.2% decline compared to More

iHeartMedia Reports Q4 and Full-Year 2024 Results

iHeartMedia

iHeartMedia reported an 18.2% year-over-year increase in Adjusted EBITDA for the fourth quarter of 2024, reaching $246 million, marking the highest percentage growth in nearly three years. Consolidated revenue for the quarter rose 4.8% to $1.12 billion, primarily driven by increases in political and digital More

FCC Investigates iHeartMedia Over Potential Payola Violations

Federal Communications Commission

The FCC has issued a formal inquiry into iHeartMedia regarding potential payola violations tied to the upcoming iHeartCountry Festival 2025, scheduled for May 3 in Austin, TX. The agency's Enforcement Bureau is investigating concerns that musicians may be compelled to perform at the festival for little or no More

Townsquare Media Secures $490 Million Credit Agreement

Townsquare Media

Townsquare Media has entered into a $490 million credit agreement with Bank of America, N.A., the company announced in an 8-K regulatory filing. The new financing arrangement includes a five-year, $470 million senior secured term loan facility and a $20 million senior secured revolving credit More

OPS Purchases of KEWU (89.5) in Spokane from EWU

Oldies Preservation Society (OPS)

The Oldies Preservation Society (OPS) has reached an agreement with Eastern Washington University (EWU) to acquire its non-commercial FM station KEWU-FM (89.5) for $510,000. The deal will displace its current Jazz format. OPS, known for its dedication to preserving classic rock More

RAB Presents Live Presentation ''The Ad Perspective''

Radio Advertising Bureau (RAB)

Radio Advertising Bureau's (RAB) upcoming One Voice for Radio presentation, entitled "The Ad Perspective," will explore the evolving role of audio and radio in agency media strategies, with a focus on the impact of Nielsen Audio Measurement Modernization on advertisers. The event will be hosted by RAB More

KRG Analysis Finds Radio Delivers Affluent Consumers

Katz Radio Group

A new analysis by Katz Radio Group of MRI-Simmons data reveals that affluent consumers -- traditionally targeted through print and television -- are heavily engaged with radio, presenting a significant opportunity for advertisers. Despite a long-standing focus on luxury magazines, More

Iliad Media Group Acquires Montana Radio Company

Iliad Media Group

Iliad Media Group Holdings Inc. has acquired The Montana Radio Company, integrating its nine stations in Helena, MT into Iliad's employee-owned network. The move expands Iliad's presence in the industry and strengthens its commitment to employee empowerment through its 100% Employee Stock Ownership Plan More

CBO Rebuts Cost Concerns Over AM Radio Mandate

Congressional Budget Office (CBO)

In a definitive response to automaker concerns, the Congressional Budget Office (CBO) has released a new cost estimate regarding the "AM Radio for Every Vehicle Act of 2025," signaling minimal financial impact from the proposed mandate. The legislation, which aims to ensure AM radio's availability in More

Womack, Castor Reintroduce Local Radio Freedom Act

U.S. Congress

In a significant show of bipartisan support, Representatives Steve Womack (R-AR-3) and Kathy Castor (D-FL-14) led the reintroduction of the Local Radio Freedom Act (LRFA) on Thursday, which aims to shield local radio stations from potentially burdensome performance fees. This resolution, which has garnered More

Katz Profiles Economic Power of Black American Consumer

Katz Media Group

In a new presentation, Katz Radio Insights & Analytics demonstrate how Black American consumers are not only a vital part of the population but also hold impressive economic influence, and why radio is the perfect way to connect with them. Black Americans have emerged not only as a More

Report: Digital Advertisers Find Success in Radio

Audacy

In a demonstration of radio's potent role in modern advertising strategies, a notable e-commerce brand recently partnered with Audacy to harness the traditional platform's strength in driving sales and enhancing lower-funnel conversions. This collaboration, bolstered by Claritas' AI-powered attribution More

Radio's Digital Revenue Surges Past $2 Billion

Radio Advertising Bureau

In a landmark year for the radio industry, digital advertising revenues reached $2.1 billion in 2024, making up nearly a quarter of the average radio station's total income. This figure comes from the 13th annual digital benchmarking report by RAB and Borrell Associates Inc, sponsored by Marketron. RAB More

Studies Show Sports PBP Listeners More Engaged Than TV

Cumulus Media and Westwood One

As the NFL season concludes, marketers are shifting focus to March Madness, an event that captivates millions of sports fans each spring. A series of studies comparing TV and AM/FM radio audiences during the NCAA basketball tournament reveal significant differences in listener engagement and demographic More

MediaCo Exercises Option to Acquire Estrella Assets

MediaCo

MediaCo Holding has taken significant steps in its expansion efforts by finalizing the acquisition of Estrella Media's network, content, digital and commercial operations. This move follows an initial $120 million transaction earlier in April 2024, granting MediaCo operational control. As part of their More

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Copyright © 1989-2025 RADIO ONLINE ®

Copyright © 1989-2025 RADIO ONLINE ^®