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Senators Urge FCC to Modernize Broadcast Ownership Rules

U.S. Senate

A bipartisan group of 22 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Commission (FCC) to overhaul long-standing broadcast ownership regulations, arguing that current rules are outdated and hinder local broadcasters from competing in today's digital media environment.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

Townsquare Media Tops First Quarter EBITDA Forecasts

Townsquare Media

Townsquare Media reported first quarter 2025 financial results that met or exceeded expectations, driven by strength in its digital operations. Despite a slight year-over-year dip in total revenue, the company posted increased profitability and reaffirmed its full-year guidance. More

Podcast Ad Spend Grows 21% Year-Over-Year in Q1 2025

Magellan AI

Podcast advertising continued its growth trajectory in the first quarter of 2025, with total ad spend rising 21% compared to the same period last year, according to Magellan AI's latest Podcast Advertising Benchmark Report. Magellan AI analyzed nearly 93,000 podcast episodes to produce the report, which More

Beasley Media Reports Q1 Loss Despite Digital Growth

Beasley Media Group

Beasley Media Group reported a net loss of $2.7 million for the first quarter of 2025, as macroeconomic headwinds and advertising market softness continued to weigh on results. The company's net revenue fell 10.1% year-over-year to $48.9 million, or 8.5% on a same-station basis, largely due to a decline in More

RAB Urges Marketers to Reconsider Radio's Role in Media Mix

Radio Advertising Bureau (RAB)

The Radio Advertising Bureau (RAB) is challenging long-held misconceptions about AM/FM radio's relevance and effectiveness in modern media strategies. In a new article for the Association of National Advertisers (ANA), RAB Senior Vice President of Business Development Tammy Greenberg lays out a data-driven More

Connoisseur Media Set to Acquire Alpha Media

Connoisseur Media

Connoisseur Media and Alpha Media have announced a definitive agreement under which Alpha Media will be acquired by Connoisseur. The combined entity will retain the Connoisseur name and be led by current Connoisseur CEO Jeff Warshaw. Once the deal is finalized, Connoisseur's expanded More

SBS Returns to 2024 Profitability Despite Concern Warning

Spanish Broadcasting System

Spanish Broadcasting System posted a net income of $1.66 million for the year ended December 31, 2024, rebounding from a net loss of $40.7 million in 2023. The improvement was largely driven by a $43.6 million drop in impairment charges compared to the prior year and a reduction in More

Cumulus Reports $32.4M Q1 Loss Amid Tariff Headwinds

Cumulus Media

Cumulus Media reported a net loss of $32.4 million for the first quarter of 2025, more than double the $14.2 million loss from the same period a year earlier, as ongoing economic pressure and new tariffs weighed on advertiser sentiment. "For the first quarter, we delivered revenue in line with pacing More

NABOB Urges FCC to Preserve Local Radio Ownership Limits

National Association of Black Owned Broadcasters (NABOB)

The National Association of Black Owned Broadcasters (NABOB) has filed reply comments with the Federal Communications Commission (FCC) strongly opposing any repeal or relaxation of the agency's Local Radio Ownership Rule, including its "subcaps" provision that limits the number of AM More

FCC Warns Property Owner Over Illegal Pirate Radio Station

Federal Communications Commission (FCC)

The FCC has issued a formal warning to Devaney Realty Holdings, the owner of a Worcester property where agents say an unlicensed FM radio station has been operating illegally. According to a "Notice of Illegal Pirate Radio Broadcasting" sent by the FCC's Enforcement Bureau, radio signals were detected on More

SiriusXM Reports First Quarter 2025 Revenue Falls 4%

SiriusXM

SiriusXM today reported first quarter 2025 earnings, posting revenue of $2.07 billion, a 4% decline compared to the same quarter last year. Net income totaled $204 million, down from $241 million in Q1 2024, while adjusted EBITDA came in at $629 million, a 3% year-over-year decrease. More

Study: Women Spend Nearly 3 Hours Daily Listening to Music

Edison Research

Women in the U.S. age 18 and older spend just under three hours per day listening to music, using it as a tool for emotional well-being, family bonding, and daily enjoyment, according to the new Women's Audio Report: Women & Music released by Edison Research and SiriusXM Media. Presented by Megan More

BIA: Tariffs Put Squeeze on Local Ad Revenues

BIA Advisory Services

BIA Advisory Services is warning that the ripple effects of new U.S. tariffs are beginning to pressure local advertising markets, with small and mid-sized businesses in key industries already reevaluating their marketing strategies. In two new blog posts -- "When Trade Wars Hit Home: Tariffs and Local Ad More

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