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While quarterly financials for radio's biggest operators have yet to drop, there's certainly a lot for the industry to celebrate in the quarter's listening data. In Q3, radio captured 67% of all ad-supported audio listening time, with Millennial and Gen Z radio consumption rising.

As the radio industry feels the continued economic strain and election uncertainty, global revenue projections suggest encouraging growth in the long run. A new Research and Markets study forecasts steady expansion for the next decade of global radio advertising. 

Urban One has announced Eddie Harrell, Jr. and Deon Levingston as the successors to Radio One and Reach Media CEO David Kantor, starting January 5, 2025. Harrell and Levingston will step into roles as co-presidents of Urban One’s Audio Division.

The Democratic National Committee has launched a seven-figure “I Will Vote” ad campaign targeting Black voters through nearly 50 Black radio stations. The campaign enlists pop culture heavy-hitters like John Legend, Stevie Wonder, and Kerry Washington.

In an era where sports fans can access content across countless digital and social platforms, the 2024 State of Sports Media report by Harker Bos Group's Crowd React Media underscores the enduring appeal and relevance of radio in the competitive landscape.

The Western Alliance of State Broadcast Associations is wrapping up its annual meeting in Santa Fe, NM, where industry leaders gathered to discuss key issues facing broadcasters and celebrate the retirements of two prolific SBA leaders.

The Federal Trade Commission announced it will appeal a Texas federal court's decision blocking its non-compete ban from being implemented nationwide. In August, US District Judge Ada Brown ruled that the FTC lacked the authority for such a sweeping ban.

Congress has just over two months to pass the AM Radio For Every Vehicle Act and automakers haven't given up their lobbying on Capitol Hill to make sure they can remove access to free entertainment and life-saving information, according to Q3 disclosures.

The US broadcast station industry is projected to see a 9.3% increase in total advertising revenue, reaching $36.19 billion in 2024. While TV outperformed radio in the total results, AM/FM has a significant leg up that will likely become even more pronounced in 2025.

The NAB continues to push a software-based solution for Emergency Alert System equipment, allowing broadcasters to replace physical encoder/decoder hardware with digital options. The suggestions build off the NAB's EAS stance submitted in late 2022.