U.S. Local Radio Revenue’s 2025 Projections Revealed
RAB and BIA Advisory Services find that local radio ranks as the fifth-largest advertising medium within the $171 billion local advertising marketplace, based on 2025 data it reviewed. The total dollars for 2025 reflect a "slight adjustment" compared to 2024.
NAB Show Preview: ENCO Adds Dynamic Speaker ID to Captioning Systems
It has been turning heads since last year's NAB Show with its machine translation and AI-fueled products for audio content creation and distribution companies. Now, ENCO is heading into the 2025 NAB Show with new offerings tied to its enCaption automated captioning and translation product line.
Cerullo Secures Another Signal in NEPA
A radio station licensee based in Allentown, Pa., and led by Pat Cerullo gained attention in 2021 for purchasing four AM radio stations from Cumulus Media. Now, Cerullo and his Major Keystone operation are in the news again, as he's purchasing an FM translator poised to serve Stroudsburg, Pa.
Beasley’s ‘Maxima’ Move Brings New Hispanic Choice To Las Vegas
Beasley Media Group has changed the programming of one of its Las Vegas radio stations to a blend of English-language and Spanish-language Adult Contemporary music — with a fully Spanish-language presentation. The branding borrows from a co-owned radio property in Tampa-St. Petersburg.
Quu Unveils Its Second ‘In-Vehicle Visuals Report’
It first arrived just before the 2024 NAB Show. Now, the Steve Newberry-led and Joe Harb-founded Quu Inc. has released its 2025 report that offers an updated view of AM/FM radio's place in the top 100 best-selling vehicles in the U.S.
Dozens of U.S. House Reps Want FCC Media Rule ‘Modernization’
The NAB wants it, as do most of the nation's broadcast radio and television broadcasting companies. The FCC's Chairman, Brendan Carr, has stated his desire for it, too. Now, no less than 73 Members of Congress have called on the Commission to modernize the nation's broadcast ownership rules.
For Urban One, Casino Ambitions Shift To Online Gaming
It was roughly 1 1/2 years ago when Urban One investors last heard from the company's executive leadership regarding its casino gaming ambitions. Now, CEO Alfred Liggins III has confirmed that the media and entertainment company superserving Black consumers is abandoning its plans to build a brick-and-mortar casino resort.
Iconic Three Rivers Radio Voice Jim Quinn Dies
For some, he's a memorable conservative talk host paired for nearly a decade with Rose Tennent. For older Steel City radio listeners, he's remembered as a Top 40 host paired with "Banana" across the 1980s at B94. Now, all are paying tribute to Jim Quinn, who has died.
Unpaid Regulatory Fees Leads FCC To Strip A Licensee
It is the owner of an AM radio station serving the seat of Parmer County, Tex., with a population of under 1,500 people. And, it has failed to pay its regulatory fees since 2012. Now, this delinquency has cost this station is license.
A Reverse Stock Split Coming For Commercial-Free Radio-Focused Auddia
On March 18, Auddia, the company behind the faidr app. closed on $3.5 million of new financing by selling 1.3M common shares from its previously announced equity line. It is now known that it will engage in a significant reverse stock split, effective with the start of Nasdaq's trading session on Monday.
Gate City Yanks Its Saga Board Nominees
The second-largest institutional investor in Saga Communications has formally withdrawn its nominees for election as directors to the company's board. "The continued pursuit of our nominees would not be in the best interest of Gate City or the company’s shareholders at this time," Gate City says.
A Downbeat End To 2024 For Urban One
Despite strong political advertising revenues in the radio division of the publicly traded company, African American consumer-focused Urban One experienced a decline in net revenue as its total operating expenses rose. The result: the company led by Alfred Liggins III swung to a net operating loss in Q4 2024, widening the net loss attributable to common stockholders during the quarter.
It’s Official: Abernethy Is Exiting Audacy
His fate at Audacy Inc. has been the subject of chatter and speculation for weeks. Now, it is official: Doug Abernethy is leaving the audio content creation and distribution company with majority ownership held today by Soros Fund Management.
Broadcast Station Rule Amendment Comment Dates Affirmed
On December 11, 2024, the FCC adopted a Notice of Proposed Rulemaking to update Parts 1, 73, 74, and 76 of its rules for radio and television broadcast stations. Now, the Comment Date and Reply Comment Date have been established.
Nautel, Quu Come Together For Visual Radio Technology
Canadian broadcast transmission technology company Nautel is partnering up with the Steve Newberry-helmed Quu Inc., to help further the latter's efforts to deploy rich visual content for radio. And, the simplification of bringing this technology to fruition will be at the crux of its 2025 NAB Show presentations.