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Radio Business News

Audacy Begins Another Round of Layoffs Impacting Nearly 100
Audacy
Audacy
Audacy recently announced another round of layoffs, impacting nearly 100 employees across various stations including WBBM in Chicago, WTIC-AM in Hartford, and others. Notable departures include WBBM afternoon news anchor Keith Johnson, where five of the eight digital news staff positions were also More

RAB Launches New Pro Development Certification Course
Radio Advertising Bureau
Radio Advertising Bureau
RAB launches a unique training certification program tailored to content creators in broadcast radio and audio. The new course is built upon the fundamentals and hallmarks of RAB's certified Radio Marketing Consulting course. Developed and produced by RAB's Professional Development team, the course focuses More

FCC Hits Pirate Stations with Fines Exceeding $850,000
Federal Communications Commission
Federal Communications Commission
The FCC has taken a strong stance against illegal broadcasting by proposing hefty fines totaling over $850,000 against operators of six pirate radio stations. This action comes as part of a broader effort under the PIRATE Act to curb unauthorized radio transmissions that have been identified in the Boston More

Nielsen Releases 2024 Annual Marketing Report
Nielsen
Nielsen
As the world grapples with economic uncertainties and ongoing digital transformation, Nielsen's 2024 Annual Marketing Report provides crucial insights into the evolving landscape of media and advertising. Amidst fears of a recession and challenges like inflation and supply chain More

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NAB Radio Board Election Results Announced
National Association of Broadcasters
National Association of Broadcasters
The National Association of Broadcasters (NAB) has announced the results of the 2024 NAB Radio Board of Directors elections. The two-year terms of the elected board members will begin in June, 2024. New board members include Beasley Media Vice President and Market Manager Mary Menna for More

Report: Social Media Platforms Influence Music Discovery
Edison Research
Edison Research
In the digital age, social media platforms have become more than just places to connect -- as they are sources for cultural discovery. The latest findings from The Infinite Dial 2024, supported by Audacy, Cumulus Media and SiriusXM Media, unveil how platforms like Instagram, TikTok and Facebook are also More

FTC Votes to Bans Non-Compete Agreements & Clauses
Federal Trade Commission
Federal Trade Commission
The Federal Trade Commission (FTC) voted 3-2 to prohibit non-compete agreements on Tuesday. This decision, subject to ongoing legal challenges, will render existing non-compete clauses unenforceable for the vast majority of employees within 120 days. However, certain senior executives will still be covered More

Broadcast VOICES Act Introduced in U.S. House, Senate
U.S. Congress
U.S. Congress
Rep. Steven Horsford (D-NV) recently introduced H.R.8072, Broadcast VOICES Act, in the House and Sen. Gary Peters (D-MI) introduced the legislation in the Senate, S.4158. The bill would direct the FCC to take certain actions to increase diversity of ownership in the broadcasting industry, and for other More

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Marketers Understate Creative and Overestimate Targeting
Cumulus Media and Westwood One
Cumulus Media and Westwood One
Over the last five years, the Cumulus Media | Westwood One Audio Active Group has commissioned Advertiser Perceptions annually to survey brands and media agencies on the sales contribution of five advertising effectiveness factors: brand, creative, reach, recency, and targeting. This week's company blog More

Triton Digital Issues March 2024 U.S. Podcast Ranker
Triton Digital
Triton Digital
Triton Digital has released its March 2024 (February 26-March 31), U.S. Podcast Ranker. SiriusXM Podcast Network remained in the #1 spot on the Top Sales Networks Report for the month of March, with 42.5 million Average Weekly Downloads and 13.2 million Average Weekly Users. NPR came More

MediaCo Acquires Hispanic Broadcaster Estrella Media
Estrella Media
Estrella Media
MediaCo, which owns WQHT-FM (Hot 97) and WBLS-FM in New York, has agreed to acquire Hispanic broadcaster Estrella Media, encompassing all network, content, digital and commercial operations but excluding its local radio and television stations for now. The deal, which was finalized on April 17, includes More

AI, Creator Economy Take Center Stage at 2024 NAB Show
NAB Show
NAB Show
AI, Creator Economy Take Center Stage at 2024 NAB Show The 2024 NAB Show exhibitors debuted and showcased thousands of new products and next generation and pioneering technologies from brands that include Adobe, ARRI, AWS, Blackmagic Design, Canon, Fujifilm, JVC More

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Edison Insights: Radio & Car Continue to Ride Together
Edison Research
Edison Research
According to Share of Ear from Edison Research, 53% of today's 13- to 34-year-olds are reached by at least some radio every single day. This can be surprising to those who believe young listeners exclusively use streaming services or only listen to digital audio. But location of listening is key when it More

House Committee to Hold Legislative Hearing on AM Radio
U.S. Congress
U.S. Congress
U.S. House Energy and Commerce Committee Chairwoman Cathy McMorris Rodgers (WA) and Ranking Member Frank Pallone (NJ) will hold a legislative hearing April 30 entitled "Draft Legislation to Preserve Americans' Access to AM Radio." Chairwoman McMorris Rodgers and Ranking Member Pallone previously released More

FCC Fines KXOL-FM in Los Angeles $8000 Over Contest
Federal Communications Commission
Federal Communications Commission
The FCC has levied a proposed fine of $8000 against Spanish Broadcasting System's KXOL-FM in Los Angeles for failing to conduct a contest in accordance with its announced terms and to deliver a prize to the winner in the prescribed time under the contest's terms. Despite being required to deliver prizes to More

Report: AM/FM Radio and Digital Should Be the Base Buy
Cumulus Media and Westwood One
Cumulus Media and Westwood One
While local advertisers have a lot of different marketing options, a new analysis from Nielsen reveals that the most effective media plan consists of a base buy of AM/FM radio and digital solutions. This week's Cumulus Media | Westwood One Audio Active Group blog examines how advertising works and why AM/FM More

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Quick Snaps
KMJ-FM/Fresno: News Talk 580/105.9 KMJ in Fresno, CA, was honored at Fresno City Hall last week as Fresno Mayor Jerry Dyer officially declared today, April 18 as

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