Cumulus Gets Important Analyst Upgrade

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Noble Financial Director of Research Michael Kupinski has upgraded the company from market perform to outperform. He believes the stock could go as high as $14.00. Cumulus closed at $10.71 Tuesday. In a note to investors this week Kupinski highlighted Cumulus' restructured debt, and advertiser guarantees as reasons for his upgrade.
Edison Research Logo

Edison: Radio Again Gave Ground To Streaming Services In Q4

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As its Share of Ear study enters its tenth year, Edison Research is giving a first look at its Q4 survey results. Each quarter, Edison asks participants how much time they spend on different audio platforms - at the end of 2023, radio was still in charge, but it lost ground.

A Great Programmer With An Advertising Background

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Cumulus/Westwood One Senior VP of Content & Programming Mike McVay says KRBE Houston Program Director Leslie Whittle is a role model and a model programmer. "Leslie has been able to accomplish with one radio station what takes most operators a large cluster. She manages a highly talented morning team, is blessed with great talent all day, connects to the market, and is intuitive as to what music to play." Whittle will appear on Radio Ink's 2016 Best Program Directors in America list, which comes out on May 9.

GMR Unimpressed By NAB Court Filing

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Irving Azoff's Performance Rights Organization GMR has responded to a January 14 filing the NAB made to the United States District Court in California in the battle between GMR and The RMLC, which represents radio. The PRO was unimpressed.
AI

What A Difference A Year Makes: Are Radio’s AI Fears Thawing?

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Last March, an "emergency" last-minute early-morning session was convened at CRS 2023. The prognosis and mood of the packed room was bleak. One year later, a follow-up town hall at CRS 2024 is showing a vastly different atmosphere - how much fear is still there?

Despite Being Off 40% All Employees Are Working

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On episode #28 of our daily podcast, Bryan Broadcasting VP Ben Downs tells us how he's keeping his employees off the unemployment line. Downs also explains how local advertisers are being impacted by the coronavirus and his plan to slowly get them back into a groove of advertising. LISTEN.
Supreme Court

Supreme Court Hears Media Ownership Arguments

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And now we wait. It took 17 years for the issue of media ownership to make its way to The Supreme Court, and, according to attorney Helgi Walker, representing the NAB, it was 17 years of litigation where the Third Circuit was distorting the statute the entire time and a course correction is badly needed.
Connected Car Dashboard

Edison: Gen Z and Millennials Prefer The ‘Radio With Wheels’

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Do Gen Z and Millennials listen to AM/FM? Do they stay away from radio altogether? New data from Edison Research's Share of Ear may have the answer for listeners aged 13-34. While numbers not a strong as some would hope for, it's certainly not bad news.

Eleven More Reps Sign LRFA

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On the heels of the proposed American Music Freedom Act by Representatives Ted Deutch and Darrell Issa, the NAB announced Monday that 11 more members of the House of Representatives have signed on to the Local Radio Freedom Act. Radio needs 100 more signatures.
Forrester

Forrester’s 2024 Marketing Forecast: AI, Privacy, and Less Risk

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In the wake of brands seeing financial backlash from taking a stance on politicized social issues on both sides of the aisle, Forrester’s 2024 consumer marketing predictions suggest a significant shift in CMO strategies to an environment of practicality over purpose.

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