Urban One Posts Reduced Profit For 2023, On Track To Rebound
Urban One posted its complete 2023 financials along with its Q1 2024 earnings on June 7, just under the compliance deadline set by the Nasdaq stock exchange. The long-awaited results showed promise for 2024 after a year of reduced performance.
Rosenworcel Counters FEC AI ‘Chaos’ Claim With Call For Unity
As partisan tempers flare in Washington, FCC Chairwoman Jessica Rosenworcel took an opportunity to urge unity in response to a barbed letter from Federal Election Commission head Sean Cooksey over potential political AI ad disclosure rules.
NAB Challenges Constitutionality Of FCC’s Diversity Data Restart
The National Association of Broadcasters has filed a Petition for Partial Reconsideration with the FCC around the reinstatement of staff diversity data collection, calling into question whether some aspects infringe on broadcasters' First and Fifth Amendment rights.
Corporate Generative AI Adoption Soars In 2024 As Media Buys In
Love it or hate it, generative AI is making powerful inroads into corporate organizations, particularly in media. The latest McKinsey Global Survey on AI shows the technology is rapidly becoming integral to business operations, with usage nearly doubling in 2024.
FEC Chair: FCC’s Political AI Disclosure Rule Will ‘Sow Chaos’
The FCC is facing pushback from the Federal Election Commission regarding its proposal to introduce new regulations on artificial intelligence in political radio ads. FEC Chairman Sean Cooksey says the FCC is directly interfering with the FEC's exclusive jurisdiction.
Americans Say We’re Living In The Worst Decade Of Radio Ever
Which era of radio is the best? It's a question wrestled over between fans of Howard Stern to Wolfman Jack. Nostalgia aside, a new poll shows a majority of Americans believe the current era of radio is the worst.
Biden Targets Black Voters With New Multimillion Radio Campaign
As President Joe Biden's polling numbers with Black Americans slide ahead of November's presidential election, his campaign is again throwing millions into radio to reach key demographics with a new 60-second ad called "Knock Knock."
Nasdaq Says Time Is Ticking On Late Urban One Filings
Earlier in May, Urban One announced continued delays in its financial reporting, revealing to the SEC that it needed more time to complete its 2023 year-end financials. Now it appears the company will take longer than initially stated to meet Nasdaq compliance.
AM Radio Act Advances To Full House Commerce Committee
With no amendments offered and no opposition, H.R. 8449 - the new face of the AM Radio For Every Vehicle Act - was moved for review to the full House Energy and Commerce Committee on Thursday.
Marketer Commute Trends Show Promise For AM/FM Perception
For the first time post-pandemic, the commuting patterns of marketers and media agencies align closely with those of average Americans. With the shift comes a wind of change that could blow much-needed national ad revenue to AM/FM radio.
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