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Radio Daily for Tuesday, March 19, 2024
Radio Tops WSAB Statewide Media Landscape Study
The Washington State Association of Broadcasters is sharing results of its recent statewide media landscape study -- performed by Smith Geiger -- to address media trends in the state of Washington. The study found local AM/FM Radio continues to lead as Washington state's preferred More
SBS Receives Multi-Million Dollar Settlement from VOZ
Spanish radio broadcaster Spanish Broadcasting System has reached a multi-million dollar out-of-court settlement with VOZ Media regarding VOZ's default of its $64 million acquisition of the SBS Mega TV division. The amount of the settlement was not disclosed. The settlement is in More
Audacy Restructuring Could Force Station Divestment
Audacy is seeking approval from the FCC to emerge from Chapter 11 bankruptcy. In a move prompted by restructuring, Audacy is set to divest one of its stations in South Carolina. Since it is essentially becoming a new company, the transition means its forfeit its legacy status at its Greenville-Spartanburg More
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FNN's Heckman Named 2024 Jesse H. Neal Awards Finalist
Federal News Network reporter Jory Heckman has been honored as a finalist for one of the industry's most prestigious awards programs, the SIIA 2024 Jesse H. Neal Awards. Jory has been nominated for the Neal awards as a result of his reporting on the U.S. Postal Service. The network airs on Hubbard Radio's More
Auddia Inc. Closes on $3.5 Million in New Financing
Auddia Inc. has closed on $3.5 million of new financing by selling 1.3 million common shares from its previously announced equity line. Management believes that by strengthening the balance sheet and improving the premium listening experience available on faidr, which includes More
Veritonic Integrates with Adjust for Mobile Devices Attribution
Veritonic has announced an integration with measurement and analytics company Adjust. Through this integration, Veritonic's audio attribution solution will receive automated data about in-app conversion actions on mobile devices including installs, purchases, subscriptions and more. More
Townsquare Q4 Net Revs Down 4.6% to $114.7 Million
Townsquare Media reported fourth quarter net revenue decreased 4.6% to $114.7 million from $120.2 million in 2022. Excluding political, net revenue declined 2.7%. Broadcast Advertising net revenue was down 2.5% to $57.9 million from $59.3 million. Digital Advertising net revenue fell 1.5% More
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Audacy Digital SVP Tim Clarke to Exit at the End of March
Audacy Senior Vice President of Digital Audio Content Tim Clarke exit at the end of March, as part of the company's realignment plan coming out of bankruptcy. According to an internal memo obtained by RADIO ONLINE, the company will not be replacing Clarke's role. His teams will instead move into various More
Navaquest Set to Join the Radio Vendor Alliance
Navaquest, a digital sales trainer for small and medium size radio markets, is joining the Radio Vendor Alliance. The company joins the eight charter members of the RVA including RadioFX, Envisionwise, Big Deals Media, Cool Radio Streaming, Rumple, Silverback Advertising, Radio More
WPEN/Philadelphia Unveils Kincade & Salciunas in Mornings
WPEN (97.5 The Fanatic) in Philadelphia unveils Kincade and Salciunas as the new morning show from 6-10am. The duo will officially debut on the Beasley Media Sports outlet on Monday, March 18. The program features John Kincade and Andrew Salciunas. Kincade has served as the morning host since January, 2021. More
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Promotions Spotlight
Quick Snaps
Jack-FM/Benztown AI Strategic Summit: Jack-FM/Benztown AI Strategic Summit was held on Tuesday, February 27 in Nashville. Front L-R: Grant Gelt, Masscult; Jake Urbanek, Benztown; Dave
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