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MediaCo Reports Significant Q1 2025 Revenue Growth

MediaCo

MediaCo Holding reported financial results for the first quarter ending March 31, 2025, showcasing a substantial year-over-year revenue increase, primarily driven by the full integration of Estrella Broadcasting's assets. The company posted revenues of $28.03 million, a significant rise from $6.71 million in More

Report: Marketers Shift Tactics Amid Budget Cuts

Nielsen

Marketers around the globe are recalibrating their strategies in 2025 as economic uncertainty, evolving technologies, and shifting consumer behavior reshape the advertising landscape, according to Nielsen's 2025 Annual Marketing Report. The survey of 1,400 senior marketing More

Zoellner Media Group to Acquire CMG Tulsa Radio Stations

Zoellner Media Group

Tulsa-based Zoellner Media Group has entered into a definitive agreement to purchase all of Cox Media Group's radio outlets in Tulsa, marking the company's first major foray into local broadcasting. Terms were not immediately disclosed. Upon completion of the transaction, Zoellner Media Group will acquire More

SBS Reports 71% Surge in Adjusted OIBDA for 2024

Spanish Broadcasting System (SBS)

Spanish Broadcasting System (SBS) has announced strong financial results for the fourth quarter and full year ended December 31, 2024, highlighted by a 71% increase in Adjusted Operating Income Before Depreciation and Amortization (OIBDA), which reached $40.4 million compared to More

Conservative Groups Urge FCC to Modernize Ownership Rules

Federal Communications Commission (FCC)

More than 20 conservative organizations and individuals, led by Heritage Action for America, have sent a joint letter to FCC Chairman Brendan Carr urging the Commission to overhaul long-standing broadcast ownership regulations. The coalition argues that current rules, which date back to the 1940s, are More

Report: Local Digital Ad Spending Tops $100 Billion

Borrell Associates

Local digital advertising surged past the $100 billion mark in 2024, now accounting for roughly 70% of all local ad spending, according to Borrell Associates' 2025 Annual Report. The landmark report underscores the dramatic shift from print and traditional broadcast media to digital formats, marking a More

AccuRadio Files for Chapter 11, Blames Royalty System

AccuRadio

AccuRadio, a pioneering human-curated streaming music service, has filed for Chapter 11 bankruptcy protection, citing unsustainable royalty obligations and a failed legal settlement with SoundExchange, the organization tasked with collecting and distributing digital music royalties. The Chicago-based More

Report: Audio Listening Remains Robust in Q1 2025

Nielsen

According to Nielsen's latest edition of The Record, U.S. consumers spent an average of 3 hours and 45 minutes per day listening to audio in the first quarter of 2025 across ad-supported and subscription-based platforms. The quarterly report, which tracks listening habits through More

SMG Reports $7.1M Net Loss in Q1 Amid Revs Decline

Salem Media Group

Salem Media Group reported a net loss of $7.1 million for the first quarter of 2025, a sharp increase from the $5.2 million loss posted in the same period last year. The higher loss comes as total revenue declined and restructuring expenses weighed on results. Total revenue fell More

FCC Reaches Settlement Over Illegal Pirate Radio Operation

Federal Communications Commission (FCC)

The Federal Communications Commission (FCC) has reached a settlement with Wilfrid Salomon of Lauderdale Lakes, Florida, over the unauthorized operation of a pirate radio station on 87.9 MHz. The Enforcement Bureau entered into a Consent Decree with Salomon to resolve its investigation into illegal broadcasts More

Urban One Reports $11.7M Q1 Loss Amid Segments Decline

Urban One

Urban One posted a net loss of $11.7 million for the first quarter ended March 31, 2025, as total revenue dropped 11.7% year-over-year to $92.2 million. The loss compares to net income of $7.5 million during the same quarter last year. Operating income fell sharply to $2.1 million More

iHM Reports Flat Q1 EBITDA Amid Digital & Podcast Growth

iHeartMedia

iHeartMedia reported first quarter 2025 results, highlighting year-over-year growth in digital revenue but continued softness in its traditional broadcast segment. For the quarter ended March 31, consolidated revenue rose 1% to $807 million. Excluding political advertising, revenue was up 1.8%. Operating More

Senators Urge FCC to Modernize Broadcast Ownership Rules

U.S. Senate

A group of 22 Republican U.S. Senators has called on the Federal Communications Commission (FCC) to overhaul long-standing broadcast ownership regulations, arguing that current rules are outdated and hinder local broadcasters from competing in today's digital media environment. The letter, sent May 6 to More

PodX Group to Acquire Majority Stake in Lemonada Media

PodX and Lemonada Media

International podcast company PodX Group has announced plans to acquire a majority stake in Lemonada Media, an independent podcast network in the U.S. The move represents PodX's first major step into the U.S. market and unites two influential forces in the global podcasting industry. Once completed, the More

Saga Communications Q1 2025 Net Revenue Down 4.3%

Saga Communications

Saga Communications reported a 4.3% decrease in net revenue for the first quarter of 2025, totaling $24.2 million, compared to $25.3 million in the same period last year. The company posted a net loss of $1.6 million for the quarter, matching its Q1 2024 loss, with a diluted loss per More

Entravision Reports 17% Revenue Growth in Q1 2025

Entravision

Entravision Communications Corporation reported a 17% year-over-year increase in consolidated net revenue for the first quarter of 2025, driven by strong gains in its Advertising Technology & Services segment. The company's Media segment, however, saw a 10% decline in revenue, contributing to an overall More

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