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Share of the Ear Data Details Pride and Podcasts
Edison Research
Edison Research
In celebration of Pride month, this week's Edison Research insight features Share of Ear data to illustrate how the LGBT community spends its day with audio. It's no surprise that the audio choices of LGBT listeners include a medium that allows for individualism, creativity and expression: podcasts. More

FCC R&O Amends Foreign Sponsorship ID Requirements
Federal Communications Commission
Federal Communications Commission
The FCC has issued an updated order aimed at tightening regulations on foreign sponsorship identification in broadcast programming. The decision, outlined in a detailed report released on Monday, June 10 addresses a previous court ruling which had vacated one of the FCC's foreign sponsorship identification More

FCC Reinstates Radio Duplication Rule for Broadcasters
FCC Chair Jessica Rosenworcel
FCC Chair Jessica Rosenworcel
The FCC has decided to reinstate the radio duplication rule for FM broadcasters, reversing a decision from 2020 that had eliminated these restrictions. The rule, detailed in an order issued on June 5 and effective thirty days after publication, limits FM broadcasters from duplicating more than 25% of their More

Urban One Q1 Net Revenues Fall 5% to $104.4 Million
Urban One
Urban One
Urban One reported first quarter net revenue fell 5% to $104.4 million from $108.8 million in 2023. Operating income grew to $12.9 million from $8.1 million, while adjusted EBITDA was down to $21.5 million from $30.3 million. Broadcast and digital operating income was decreased 18.5% More

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Report: How To Evaluate An Advertiser's Position
Cumulus Media and Westwood One
Cumulus Media and Westwood One
This week's Cumulus Media | Westwood One Audio Active Group blog features a guest post written by John Fix. Since his recent retirement from P&G, Fix has opened his consultancy and Westwood One is one of his early clients. In the blog, Fix outlines a five-question framework that he applied to audio over More

SBS Q1 Net Revenues Decline 6% to $32.3 Million
Spanish Broadcasting System (SBS)
Spanish Broadcasting System (SBS)
Spanish Broadcasting System (SBS) reported first quarter net revenue from continuing operations declined 6% to $32.3 million from $34.5 million in 2023. Station operating income (SOI) rose 9% to $7.4 million from $6.8 million. Adjusted OIDBA grew 46% to $4.9 million from $3.39 More

NAB Challeges FCC's Form 395-B as Unconstitutional
Federal Communications Commission
Federal Communications Commission
The National Association of Broadcasters (NAB) has submitted a Petition for Partial Reconsideration to the FCC, objecting to the recent decision to resume and publicize the collection of staff diversity data via Form 395-B. This form, which had been dormant for two decades, records broadcasters' employee More

Survey: Broadcast Media Remains Significant News Source
Free Press
Free Press
According to a recent survey conducted by Free Press, broadcast media remains a significant source of news and information for the public. The survey indicates that 77% of Americans tune into radio and television several times a week, while 43% do so multiple times daily to keep up with news. This makes More

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Cumulus, Signal Hill Podcast Download Spring 2024 Report
Cumulus Media and Signal Hill Insights
Cumulus Media and Signal Hill Insights
Cumulus Media, in partnership with Signal Hill Insights, has released its Podcast Download - Spring 2024 Report, an evaluation of the latest podcast audience trends. This twelfth edition of the study examining the habits of weekly podcast consumers uncovered that podcast consumption is undercounted due to More

Neuhoff Closes on Sale of Lafayette IN Cluster to Saga
Neuhoff Media
Neuhoff Media
Neuhoff Family LP, the parent company of Neuhoff Media-Lafayette LLC, has closed on its sale of the assets of its Lafayette, IN stations, including WKOA-FM, WKHY-FM, WASK-FM, WXXB-FM, WASK-AM, translator W269DJ and associated digital assets to Saga Communications of Indiana LLC. The company announced in More

SBS Releases Long Delayed Q4 and FY 2023 Results
Spanish Broadcasting System
Spanish Broadcasting System
Spanish Broadcasting System reported its long delayed fourth quarter and full year 2023 financial results. Net revenue from continuing operations fell 7% in Q4 to $42.3 million from $45.3 million in 2022. Operating expenses were down 9% to $27.1 million from $29.7 million. Station More

Fifty SBAs Urge Congress to Pass Broadcast VOICES Act
U.S. Congress
U.S. Congress
Fifty state broadcasters associations, including the District of Columbia and the Commonwealth of Puerto Rico, sent a letter to Speaker Johnson and Leaders Schumer, McConnell and Jeffries in support of H.R. 8072 and S. 4158, the Broadcast VOICES Act. Introduced by Rep. Steven Horsford (D-NV) and Sen. Gary More

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iHeartMedia Tops BIA Radio Revenue Rankings with $2.14B
BIA Advisory Services
BIA Advisory Services
BIA Advisory Services posted its Top Ten Radio Owners by revenue rankings for 2023 in a recent blog post. Revenue totals were down last year when compared to 2022. iHeartMedia and its 870 stations in 151 markets was again number one in 2023 with $2.147 billion as compared to $2.258 billion in 2022 from 866 More

Report: Where Audio Ads Can Reach Potential Voters
Edison Research
Edison Research
It's an election year and campaigns are once again tasked with refining their messages and connecting with their voter targets. This week Edison Research's Insight looks at its Share of Ear dataset to see how to efficiently reach members of different voting groups with audio ads. The firm says it's important More

Eight New Findings About The Podcast Audience
Cumulus Media and Westwood One
Cumulus Media and Westwood One
While AM/FM radio dominates the audio landscape with mass reach and significant time spent, podcasts are a fast-growing platform representing an engaging environment for brands. Cumulus Media's 2024 Audioscape report examines the latest podcast consumer trends from Edison Research's Q4 2023 "Share of Ear" More

Gainesville FL Radio Group Purchases TV Station
Media Services Group
Media Services Group
Hometown TV Network, an affiliate of MARC Radio Group LLC, has agreed to purchase low power television broadcast station WGVT-LD in Gainesville, FL from Budd Broadcasting Co. for $500,000. MARC Radio Group owns WHHZ-FM, WTMN-AM, WPLL-FM, WXJZ-FM, WTMG-FM, WDVH-AM, WRZN-AM, W231DH and W242CS in the More

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