Univision Communications reported fourth quarter net revenue increased 1% to $692.9 million from $688.5 million in 2018. Q4 revenue for the radio segment declined 8% to $66.1 million, compared to $71.9 million. Radio ad revenue fell 8% to $60.9 million from $66.2 million, while core radio advertising revenue More

Connoisseur Media Acqures Scorpio, Launches Ferocious Media

Ferocious Media

Connoisseur Media has expanded through an acquisition of digital marketing staff, a substantial portfolio of accounts and key management platforms from Scorpion. The combined digital operations under Connoisseur Media will be known as "Ferocious Media" going forward. The assets purchased are a portion of More

iHeartMedia Q4 Net Revenue Flat Over 2018, Earnings Down

iHeartMedia

iHeartMedia reported 2019 fourth quarter revenue was flat at $1.02 billion as compared the successor company in 2018. Broadcast radio fell 2.7% to $611.7 million from $628.8, while digital revenue increased 33.6% to $112.4 million from $84.1 million. Networks climbed 2.2% to $160 More

UCP, iHeartMedia Ink First Look Deal for TV Podcasts

iHeartMedia

UCP, a division of NBCUniversal Content Studios, inks a multi-year first-look deal with iHeartMedia to have a first right at adapting iHeartRadio Original podcasts for television. As part of the deal, the studio's new podcast platform, UCP Audio, will also have the option to develop and co-produce original More

Searchlight, ForgeLight to Acquire Univision Majority Stake

Univision

Spanish-language broadcaster Univision Communications has agreed to sell a majority stake to the private-equity firm Searchlight Capital Partners and a ForgeLight, a company founded by a former Viacom Inc. senior executive Wade Davis. Davis and Searchlight are acquiring up to a 64% of Univision for an More

Main Street, Madison Ave Primed to Zone Target FM Audiences

BIA Advisory Services

More than 90% of local retailers and two-thirds of national advertisers are poised to put more money into FM radio when geo-targeting, or ZoneCasting, becomes available, according to a joint study by BIA Advisory Services and Advertiser Perceptions. ZoneCasting is new tech that enables FM radio stations to More

Entercom Q4 Net Revenues Grew 1% to $414M, Loss Widens

Entercom

Entercom Communications reported fourth quarter net revenues rose one percent to $414.1 million as compared to $411.4 million in 2018. Operating loss for the quarter was $455.5 million up from $377.6 million, while Adjusted EBITDA grew 2% to $113 million from $111.1 million. The company posted a net loss of More

Rocky Mountain Radio Acquires KSNO-FM/Aspen for $225K

Kozacko Media Services

Cool Radio LLC has agreed to sell 6kW Alternative KSNO-FM (103.9)/Aspen, CO, to Rocky Mountain Radio Group LLC for $225,000. The seller's principal is Tom Dobrez, who operates www.coolradiostreaming.com, a service which provides low cost 24/7 streaming for radio stations across the More

Report: Smart Speaker Ownership Quadruples Since 2017

Westwood One's weekly blog highlights key takeaways from its 2020 Audioscape report that cover smart speakers, which have become a fixture in the media landscape. The just-updated report utilizes Edison Research's Q3 2019 "Share of Ear" data finding Smart speaker ownership continues to grow, rising to 28%, More

Cumulus Media Q4 Net Revenue Down 7.7%, Earnings Down

Cumulus Media

Cumulus Media reported fourth quarter net revenue fell 7.7% to $285.4 million from $309.1 million in 2018. Adjusted EBITDA decreased 22.8% to $50.6 million from $65.6 million. On a same station basis Q4 net revenue was down 4.4% to $285.4 million from $298.5 million, while Adjusted EBITDA declined 18.6% to More

Major Study on Country Radio Presented at CRS 2020

Futuri Media

The final day of CRS 2020 featured the presentation "Defending Your Audience Share: Exclusive Research Findings," the results of a major study conducted by Futuri Media and the University of Florida College of Journalism and Communications. The study was conducted in January, 2020 More

Alliance for Women in Media Foundation Announce 2020 Board

The Alliance for Women in Media

The Alliance for Women in Media and its Foundation (AWM/F) has announced its 2020 National Board of Directors. New to the AWM Board are ESPN Vice President/Corporate Communications Katina Arnold, TVB Executive Vice President/Chief Communications Officer Abby Auerbach, The Walter More

NAB Unveils Election Toolkit for Station Political Coverage

NAB

The National Association of Broadcasters (NAB) launches its 2020 Election Toolkit, an online and print resource to help local broadcast radio and television stations with their news coverage of the 2020 presidential, congressional and local elections. The toolkit provides broadcasters with resources to More

CMT, Coleman Conduct Study on Female Country Artists

CMT and Coleman Insights

CMT and Coleman Insights have released research unveiling insights into Country radio listeners habits and attitudes toward female artists. Debunking long-perpetuated myths claiming both female and male listeners don't want to hear female voices, CMT's Equal Play Radio Research demonstrated listeners want More

Report: Radio Remains the Centerpiece of the Audio Universe

Nielsen

Radio remains the centerpiece of the audio universe, reaching more U.S. adults each week, at 92%, than any other media platform, according to the Nielsen Total Audience Report for February 2020. Adults 18 and over spend average of almost 11 hours and 48 minutes per week More

Streaming Country Music Listeners Grew 36% Last Year

P1 Media Group

Streaming Country music grew 36% in the U.S. from 2018 to 2019 according to MRC Data/Nielsen Music. 54% of American Country Radio P1 listeners report streaming every day to a service like Pandora, Spotify or Apple Music. 85% of Country Radio P1s between the ages of 18-44 report streaming to an on-demand More