Radio News

A dip in revenue, along with a significant decline in year-over-year net income, led the company to register a $1.1 billion net loss for the full year of 2023, widening a full-year net loss seen in 2022. Yet, it was a better-than-expected Q4 for iHeartMedia, and that's the key takeaway when looking closely at its performance.

"Our outlook for fiscal year 2024 indicates the progress we are making toward increased profitability, improved cash flow, and achieving our three-year targets for Xperi’s independent media platforms," company CEO Jon Kirchner said.

In this InFOCUS Podcast, presented by dot.FM, we chat with Zimmer Marketing of Joplin, Mo., OM Chris Hayes, who shares how its delivering results to its clients in this corner of Southwestern Missouri through the combined power of broadcast and digital media.

The attorney representing a talk show and podcast host has asked a federal appeals court to remand a case against OpenAI LLC to a Georgia Superior Court — a move that would give legal fees to the air personality who says he's the victim of a ChatGPT "hallucination."

A 12-year lease agreement between Disney and Emmis tied to WEPN-FM in New York, assumed by Good Karma Brands at the end of 2021, is nearing its end. Now, a National Football League team's shift to a new radio broadcast partner has renewed questions as to what's next for the station.

What's it like to be a broker today? "I think we are in the middle of a cycle," says Eddie Esserman, Managing Director of Media Services Group. "It's very cold but not frozen ... Deals are being done." Learn more in this fresh InFOCUS Podcast, presented by dot.FM.

A six-year-old company offering "a complete and robust radio management platform powered by advanced AI" has teamed up with the parent company of HD Radio and DTS AutoStage and station ownership group Cumulus Media for the launch of two new HD Radio digital multicast brands.

The final three months of 2023 were challenging for Cumulus Media, as net revenue declined by some $30 million. A $65 million-plus non-cash impairment charge on its station licenses was also seen. But, is there more to the story, even as Cumulus saw its net loss significantly widen?

Can AI advancements in audio effectively address the challenges that radio stations increasingly face in collecting listener audio from the public? Benztown, the company that's home to President and co-founder Dave "Chachi" Denes led by CEO Andreas Sannemann thinks so. 

One month ago, "People Of The State Of New York, By Letitia James v. Sirius XM Radio Inc." was removed from New York State Supreme Court and assigned to the U.S. District Court serving New York’s Southern District.  It is now known that the case won't proceed on the federal level.

Radio station owner Daniel Lerner, who gained notice for developing what is today the Adult Contemporary music format at an FM in Boston, has died. Lerner, who co-owned that station and later owned an FM in Philadelphia, was 91 years of age.

It's a rebranding process that began in January 2023, which included hiring local artist and composer Wendel Patrick to create a sonic identity. Now, under the branding of "Community Amplified," the back offices of WYPR and WTMD have united to create Baltimore Public Media.

On October 1, 2021, Randall "Randy" Lynn Davis died at the age of 74. Davis owned WLAQ-AM 1410 and FM translator W245DG in Rome, Ga., and his will has been probated. Now, with the FCC's blessing, Davis' heirs will receive a portion of stock in WLAQ's parent company.

Retirement has led the President of a privately owned Midwestern radio broadcasting company to sell his six stations. And, he's found two respective buyers for his holdings, located in small non-rated markets in Indiana and Illinois.

With the court-ordered sale of their remaining stations on track, Rocking M Media's owners have a new headache to contend with. This one comes courtesy of the FCC's Enforcement Bureau and centers on Equal Employment Opportunity (EEO) rule violations.