Radio News

On the company's second quarter 2023 earnings conference call for investors, debtholders and financial analysts, Beasley Media Group CEO Caroline Beasley noted that the radio station owner invested in eSports enjoyed healthy non-GAAP Station Operating Income and EBITDA improvement. This was fueled by reduced expenses, a smaller payroll, and digital growth. Did the Q2 2023 results beat the street?

Across the Southeast, Norberto Sanchez's Norsan Media has carved a niche by serving Spanish-language media consumers with a mix of media choices not available otherwise, with markets including Jacksonville, Fla., among Norsan's locales. Now, Norsan is agreeing to acquire a Class A FM and an FM translator in a market where it already has a presence with its regional Mexican "La Raza" offering.

At 6:08am on Tuesday, August 2, 1983, WHTZ signed on the air. Today, "Z100" remains a force in the New York metropolitan area, and is perhaps one of the most important of the 800-odd radio stations owned by iHeartMedia. Editor-in-Chief Adam R Jacobson pays tribute to Z100 on its Big 4-0, as he believes its rise, near death, and continued success provides valuable learning lessons for Radio in 2023.

Longtime "bad boy" air personality Don Geronimo, who returned to Washington, D.C., from Sacramento to accept the morning show post at iHeartMedia's WBIG "Big 100," was fired on Friday after making on-air comments a day earlier about a Emmy Award-winning WUSA9 producer and reporter. Now, Geronimo has apologized for his disparaging remarks associated with "Barbie."

SiriusXM shares have seen much volatility over the last 30 days, with a short squeeze spiking prices before quickly receding to early July levels. Now, with shares hovering around $5 per share, a noted Wall Street media industry financial analyst has raised his target price. Guess what? That target price is where SIRI sat with 12 minutes remaining in Wednesday's trading. 

The FCC has moved forward with the adoption of a NPRM that seeks to give digital FM and Low Power FM stations "more flexibility" to increase digital power levels. This, the Commission argues, would encourage more FM broadcasters to adopt digital technology and make digital broadcasts available to a greater number of listeners.

To debunk that "tired myth that you need visual cues to impact consumer behavior," Audacy is touting the results of two new studies that show how Audio "holds more attention than other media and drives key brand metrics." Is it pro-industry malarkey, or empirical evidence that CMOs, brand managers and advertisers alike are biased against radio and podcasting?

With the release on Friday morning of Cumulus Media's second quarter 2023, the audio content creation and distribution company enjoyed a share surge that put CMLS, which trades on the Nasdaq, at $5.54. On Monday, shares saw further improvement, putting Cumulus in a strong position.

With cost-cutting across the entire ESPN arm of Disney and "Haunted Mansion" shaping up to be a box office bomb tied to former CEO Bob Chapek, another evolution for ESPN Audio has taken shape. And, it gives Craig Karmazin's Good Karma Brands — a key ESPN Radio affiliate owner — an even greater role in a sports radio operation integral to its entire business.

After yesterday’s news that the Senate Committee on Commerce, Science, and Transportation has moved the AM For Every Vehicle Act to the full Senate floor for a vote, there is reason for a certain amount of measured celebration, notes RBR+TVBR President/Publisher Deborah Parenti. But, she emphasizes the word "measured" in this column.

Has Black-owned media has benefited to the same extent as total market broadcast television and radio companies that may not be Black-owned, but actually capture the most significant portion of the multicultural advertising pie? That's just one of many questions RBR+TVBR's Editor-in-Chief asked AURN's Chief Revenue Officer in this new InFOCUS Podcast, presented by dot.FM. LISTEN HERE

For listeners in rural Lompoc, Calif., Classic Country tunes have been the appeal of KTNK. Now, this AM with an FM translator has been sold to a veteran Country PD. 

On April 20, a trust created to handle spinoffs tied to Urban One's purchase of Cox Media Group's Houston radio stations agreed to sell KROI to Spanish Broadcasting System for $7.5 million. Now, a buyer has emerged for KTHT, and it may not be a surprise for many industry observers.

A U.S. District Judge for the Eastern District of California has said no to a request from Bonneville International Corp. to dismiss a bias suit filed against the owner of KHTK-AM in Sacramento by longtime sports talk host Grant Napear, setting the stage for an August 1 hearing.

OpenAI LLC has responded to a lawsuit filed in a Georgia Superior Court on June 5 by the host of a Salem Radio Network Sunday night syndicated talk show and podcast focused on Second Amendment rights, asking the judge to dismiss the complaint in its entirety.