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Radio Business News

Civic Media Expands into Michigan's Upper Peninsula

Civic Media

Civic Media has announced a major expansion into Michigan's Upper Peninsula through an asset purchase agreement filed with the Federal Communications Commission (FCC) to acquire five radio stations from J&J Broadcasting, based in Iron River, WI. The acquisition will be completed More

Podcast Ad Spending Hits 11-Year High Among Brands

Cumulus Media and Westwood One

Marketer and agency interest in podcast advertising has surged to its highest level in more than a decade, according to the latest annual study from Advertiser Perceptions commissioned by Cumulus Media | Westwood One's Audio Active Group. Conducted in June 2025 among 302 marketers and media buyers, the More

Louisville Icon WAKY-AM & FM Sold to WAKAYANA LLC

WAKY-FM and AM in Louisville

WAKY-FM and AM in Louisville, along with their associated translators, are being sold by W&B Broadcasting Inc. to WAKAYANA LLC in a deal announced today and pending FCC approval. The transaction marks the end of an era for W&B Broadcasting, headed by Bill Walters, and the More

Beasley Media Sells 98.7 The Shark in Tampa to EMF

Educational Media Foundation

Beasley Media Group has agreed to sell WPBB-FM (98.7 The Shark) to Educational Media Foundation (EMF), marking EMF's first entry into the Tampa Bay radio market. The sale will bring an end to Beasley's ownership of the station, which began in 2014 when it acquired More

Auddia Secures $750K in Preferred Stock and Warrants

Auddia

Auddia Inc. has announced that it has entered into a securities purchase agreement with accredited investors to raise $750,000 through the issuance of convertible preferred stock and warrants. Under the terms of the agreement, Auddia issued 750 shares of Series C Convertible More

CSS's Media Sales Report Offers Detailed 2025 Snapshot

Center for Sales Strategy

The Center for Sales Strategy's 2025 Media Sales Report offers a detailed snapshot of the challenges, culture, and shifting dynamics within the media sales industry, with insights from both sales managers and frontline sellers. While recruitment continues to top the list of challenges for sales managers, its More

WVFT Remains Locally Owned as Jopling Takes Ownership

WVFT-FM (Real Talk 93.3) in Tallahassee

WVFT-FM (Real Talk 93.3) will continue its legacy as Tallahassee's only locally owned radio station following its sale from Magic Broadcasting II, LLC to 923 Ventures, LLC, owned by longtime local broadcaster Jon Jopling. Jopling, who has led Magic Broadcasting's Panama City and More

Report: Florida Local Ad Revenue to Hit $12.4B in 2025

BIA Advisory Services

Florida's local advertising market is poised for significant growth in 2025, according to new insights shared by BIA Advisory Services at the Florida Association of Broadcasters' Annual Convention in Palm Beach. Christina Hurley of BIA presented a detailed forecast projecting that local ad revenues across More

JVC Broadcasting Expands into Panama City with Magic Buy

JVC Broadcasting

JVC Broadcasting has greed to acquire four stations in Panama City, FL, from Magic Broadcasting, marking a significant expansion of the company's footprint along the Florida Panhandle. The deal includes CHR WILN-FM (105.9), Classic Country WWLY-FM (100.1), Talk WYOO-FM (101.1), and Rock WYYX-FM (97.7), which More

Hope Media Group and Worship 24/7 to Unite in Merger

Hope Media Group and Worship 24/7

Hope Media Group (HMG) and Worship 24/7 have announced plans to formally unite in a strategic merger expected to be finalized in early Fall 2025, pending FCC approval. The move will deepen an existing partnership between the two Christian organizations and significantly More

Urban One Shareholders Approve Reverse Stock Split

Urban One

Urban One, Inc. held its 2025 Annual Meeting of Stockholders on June 18, during which shareholders voted to approve key proposals, including a potential reverse stock split and the election of directors to the company's board. Shareholders approved an amendment to Urban One's More

Study: 36% of Americans Can't Name an Auto Dealer

Cumulus Media and Westwood One

A new analysis from Nielsen's Michael Katz reveals a surprising brand awareness gap in the auto retail sector: over one-third of Americans, and one in five consumers planning to buy or lease a vehicle, cannot name a single auto dealership. The findings, featured in this week's Cumulus Media | Westwood One More

SBS Q1 Revenue Drops 18% Amid Strategic Expansion

Spanish Broadcasting System (SBS)

Spanish Broadcasting System reported an 18% decline in net revenue for the first quarter of 2025, totaling $27.6 million compared to $33.7 million during the same period in 2024. The results were impacted by softening advertising demand and wildfires in the Los Angeles area, though More

Auddia Seeks New Funding with $150M Shelf Registration

Auddia Inc.

Auddia Inc. has filed a shelf registration statement with the Securities and Exchange Commission (SEC), indicating its intention to raise up to $150 million through the potential sale of a variety of securities, including common stock, preferred stock, warrants, subscription rights, More

Nielsen: Don't Abandon High-ROI Channels Like Radio

Nielsen

As marketers brace for tighter budgets in 2025, a new insights report from Nielsen urges advertisers to look past media myths and make data-driven decisions that prioritize actual return on investment -- especially when it comes to traditional platforms like radio. According to More

Journalists Cite Disinfo, AI, and Platform Shifts in 2025

State of Journalism

A new survey of more than 1,500 journalists reveals a profession at a crossroads, where misinformation, evolving technology, and changing audience habits are reshaping how news is reported, promoted, and sustained. The 2025 State of Journalism study, released by Muck Rack, highlights More

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