Report Claims AM Radio Will Cost EV Makers $3.8B By 2030
"Not required for public safety. Not popular with consumers. And now we know: not cheap." That is the description of the AM band given as the automotive industry brings its heavy guns to bear on radio via campaigns and lobbying.
AM/FM Radio’s Share Of Listening In Cars Hits Eight-Year High
As radio fights for its place in the automobile dashboard, the latest Edison Research Share of Ear data from Q3 2023 shows radio's percentage of time spent listening in the car is at its highest point in eight years.
Forgy Lights Up Competitors After Saga’s Strong Q3 Results
"We at Saga, I believe, get punished for the sins of our radio brethren," said Saga Communications CEO Chris Forgy in the company's Thursday earnings call which saw a robust performance for Q3, despite a year-over-year loss.
Amid Delisting Warning Stress, Beasley Posts Decline For Q3
Wednesday marked Beasley Media Group's turn to reveal its third-quarter financial results for 2023. The unveiling showed a disappointing return, coming in under analyst projections and sinking 5.79% year over year, as share prices continue to elude Nasdaq’s baseline.
SiriusXM Seeks Younger Audience As Q3 Revenue Plateaus
SiriusXM disclosed a drop in paid subscribers for the third quarter in a row during its Tuesday morning earnings call as revenue for the satellite radio giant held flat in Q3 2023. The news comes as no surprise after CEO Jennifer Witz's previous forecast.
As Biden Grabs Reins On AI, Here’s How It Affects Radio
In a landmark move, President Biden issued an executive order based on the use of artificial intelligence. As this is the first step toward government regulation of AI, Radio Ink reached out to two experts in AI's broadcast sector for their thoughts.
Cumulus Takes Double-Digit Dip In Q3, With Optimism For 2024
Radio's 2023 Q3 earnings call season began on Friday morning with Cumulus Media. According to Cumulus Media President and CEO Mary Berner, the company's Q3 figures are in line with internal projections, despite a disparity between local and national revenue streams.
Radio Puts All Eyes On AM For Final Day Of NAB Show NY
Possibly radio's defining issue of 2023, AM radio was at the forefront of the final day of NAB Show New York with two panels covering the band, the continued fight for its place in the car, strategies for successful AM programming, and its technological future.
AM/FM Radio Beat Streaming and YouTube Combined In Q3
Edison Research is giving a first look at the latest data in its ongoing Share of Ear report and the audio consumption habits of Americans aged 13 and above. 2023 Q3 was another solid showing for OTA radio, even as streaming audio TSL climbs.
Coleman Study Shows Podcast Radio Could Swing OTA Audience
As Podcast Radio begins a format rollout in four Beasley Media across the US, a study by Coleman Insights has discovered that 81% of podcast consumers in the US are keen on tuning into an AM/FM that broadcasts handpicked podcast content.
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