Radio News

As iHeartMedia's Multiplatform Group heads into the final months of 2022 and is starting to plan for 2023, its Chief Revenue Officer has shared what he's calling "an exciting announcement about the continuing evolution of our multiplatform sales team structure."

For the three Wall Street analysts that cover conservative Talk and Christian-themed programming specialist Salem Media Group, 6.3% sales growth had been expected for the third quarter. The average estimate for revenue in Q3 is $70.16 million. Now, Salem has revised its Q3 forecast, and expects revenue to fall below the lowest of the three estimates provided by analysts.

An unscheduled appearance by podcaster and Westwood One-distributed radio show host Ben Shapiro at a Podcast Movement conference booth proved to be so uncomfortable to at least one paid attendee that the show's organizers apologized for his attendance. The apology set off a firestorm of its own. Now, Westwood One's parent has chimed in by separating itself from any Podcast Movement activities in 2023 ... and perhaps beyond.

The audio streams for Cumulus Media's broadcast radio stations are available to all who select the TuneIn app as their preferred connection point for bringing live AM and FM stations to their digital devices. That's not going to change anytime soon, thanks to a new agreement between the two companies. In fact, more Cumulus content is on the way to TuneIn users.

First, it had to refute a false report that its CEO, David Field, confirmed that it would commence a Chapter 11 reorganization plan. On Friday, with a NYSE delisting all but inevitable, Audacy Corp.'s stock price has ventured below 50 cents per share. Tuesday saw AUD lose another 8% of its share value, falling to a fresh all-time low.

What was the Spot Radio activity like for the AM and FM stations tracked by iHeartMedia-owned service Media Monitors going in to the Labor Day holiday weekend? Activity was quiet, with respect to much movement from the previous week, although there were two new entrants to the latest report for the week ending Sept. 4, 2022.

An Indianapolis woman has been charged by the U.S. Attorney’s Office for the Southern District of Indiana with conspiracy to commit wire fraud, a move the Justice Department made after it learned the WFYI employee falsified invoices to pay for goods and services used for personal use.

Townsquare Media has taken a step to help fill what it perceives to be a local news and information void, with the launch of a local, regional, and statewide service for those within the State of Washington.

Audacy Corp. shares are currently trading at roughly $0.52 and face a NYSE delisting. The poor Wall Street performance prompted a veteran radio industry blogger and former Inside Radio publisher to falsely report on Wednesday that Audacy will be declaring bankruptcy. The incorrect report was picked up by Boston media, leading President/CEO David Field to respond.

As of today, "Catholic Radio Indy" can be heard on a Class B FM serving Cloverdale, to the west of Indianapolis; on a Noblesville, Ind., Class A FM due north of Indianapolis; and on a FM translator in Anderson, Ind., due northeast of Indianapolis. Now, "Catholic Radio Indy" is fully encircling The Circle City by adding a signal due south of Indianapolis.

From Denver to Milwaukee, noncommercial "Urban Alternative" radio formats have emerged in recent months, and much of that was made possible by the Corporation for Public Broadcasting (CPB). Now, the President/CEO of CPB has released a request for proposals from public radio stations that harbor an interest in launching the format.

In German, a burgermeister has little to do with hamburgers. Rather, it is a chief magistrate or mayor. Thus, it is a bit fitting that Michael Burger has been given the top leadership position for a group of radio stations owned by iHeartMedia.

With the help of WSDG — Walters-Storyk Design Group, that is — "Radio Kingston" began its broadcasting operations from the historic structure, which now houses state-of-the-art broadcast facilities. One year later, the reinvented AM with an FM booster, WKNY in Kingston, N.Y., has not only reimagined its broadcast programming but also its studios and offices. 

In late May, it was revealed that Paul E. Davis would serve as CEO of Adeia, a standalone operation that would house the intellectual property business of HD Radio and DTS parent Xperi Holding Corporation. The separation of that business from Xperi's product business is now complete. Two independent publicly traded companies now exist.

Who knew that "Flo," with a little help from actor Jon Hamm, would help fuel a flood of radio spots that would make Progressive the big leader in its ad category at spot radio?