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.
K-LOVE Acquires Properties In Eastern Washington Push
Read this: a Christian Talk and Teaching FM serving the Spokane market and its simulcast partner serving the Tri-Cities, Wash., market, comprised of Richland, Kennewick and Pasco, are being sold by Thomas Read. Who's the buyer? Look no further than the nation's largest Christian Contemporary noncomm network.
A Broadcasters Caucus Returns To Capitol Hill
Before he successfully won a House seat, Mike Flood was largely known as the man behind Flood Communications, owner of radio and TV stations across Nebraska. Now, he's taking that experience as a broadcaster to the halls of Congress by teaming up with three other House Members to bring back a "Broadcasters Caucus."
New York Festivals Radio Awards Unveils 2025 Shortlist
This year’s shortlist features entries across a range of categories, including audiobooks, podcasts, dramas, documentaries, breaking news coverage, entertainment, and music specials. Work was submitted by radio stations, networks, production companies, and independent producers worldwide.
Stephens Media Group Sells A Louisiana Cluster
It's a Tulsa-headquartered owner of broadcast media stations operating in such markets as Merced and Monterey-Salinas, Calif. Until now, it included a mid-sized Louisiana city in its roster of markets. That's about to change for Stephens Media Group.
Radio, Minus Spots And Jocks: A New faidr Subscriber Option
Auddia is moving forward with its plans to bring new nontraditional revenue to AM and FM broadcasters through a subscription-based ad-free streaming environment. This, Auddia says, is designed to give users more control over their radio-listening experience.
Trexler Rises To Top Slot For Urban One In Richmond
The woman who joined Urban One's stations in Richmond in February 2019 as Director of Sales has been elevated some six years later to the top spot, reporting to Audio Division co-President Eddie Harrell Jr.
Peter Remington Analyzes The New Era of Radio Advertising
At this year’s Hispanic Radio Conference, best-selling author, business consultant, and media strategist Peter Remington is set to challenge industry professionals to break free from outdated sales strategies and embrace the evolving definition of radio as "new media."
Troubled KDHX Ready To Give K-Love The Keys
It's a loan that could lead to an eventual sale of an embattled noncommercial community-focused radio station that has served St. Louis for 38 years. For many, the checkerboard cultural programming they've come to enjoy could soon be replaced with Christian Contemporary music.
Digital Programmatic: Townsquare’s Future Revenue Driver
What business segment is Townsquare Media most excited about in the coming years? The Digital Programmatic business, which CEO Bill Wilson said "has been and will continue to be the largest growth driver of our business for the foreseeable future." Meanwhile, deregulation makes Townsquare a buyer.
Lotus Grabs An FM Translator In Las Vegas For ‘Hank’
Tune to 101.5 MHz in Seattle, and you'll hear classic country music on KPLZ, branded as "HANK FM." Now, Lotus Communications has expanded the brand to the Las Vegas market, and is using a just-acquired FM translator to bring it to Southern Nevada.
Cumulus Silences A Space Coast Sports Radio Operation
A Sports Talker has left its listeners across Brevard County seeking a new home for local host Mark Moses and its syndicated fare. Cumulus Media silenced the daytime-only AM radio station and its FM translator companion on Friday.