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In November of last year, Dave Beasing launched his new company called Sound That Brands which focuses on creating great content. Today you are more likely to see Beasing at a podcasting conference than you are at a radio conference. That appears to be where a lot of the new and compelling content is coming from.

On Tuesday the company filed its financials with the SEC for the second quarter of 2018. The company reported revenue of $853.3 million for iHeartMedia, down 3.5% from 2017 ($884.4 million) and total revenue of $1.6 billion, down less than 1% from a year ago ($1.59 billion).

Pandora reported 71.4 million active users for the second quarter of 2018. That's down from 72.3 million in the first quarter of 2018 and down significantly from a year ago when active users were 76 million. Listener hours in Q2 of 2018 were 5 billion, flat when compared to Q1 of this year, and down from one year ago when listener hours were 5.22 billion.

And that's good news for the streaming pure-play. The company now has about six million paid subscribers after 351,000 were added over the past three months. And, more paid subscribers equals more subscription revenue.

It was a $7 million decline in ad revenue for Pandora in Q2. Advertising revenue in April, May, and June was $271 million compared to $278 million a year earlier. For the first six months of the year, advertising revenue is down $15 million, from $501.5 million in 2017 to $485.6 million this year.

(By Laurie Kahn) Ghosting is a term describing those job seekers who don’t show for appointments or for those who have accepted your position and then don’t show up the first day. Or, they resign via text or just quit showing up for work. 

If you like to plan ahead, here are the details for the 2019 and 2020 RAB/NAB Radio Shows to be held in Dallas and Nashville respectively.

Entercom has signed a new multi-year broadcast deal with Sacramento State University. ESPN 1320 (KIFM-AM/Sacramento) will broadcast all of the football and men’s basketball games. The partnership is effective at the start of the 2018-19 season and will run through the 2020-21 collegiate season.  

The traffic network pulled no punches in the filing stating that Entercom's scheme was so perverse and all-encompassing that even Vladimir Putin would be left blushing. USTN repeatedly refers to Entercom as a bully and is seeking more than $5 million from radio company.

Entercom has issued a statement after receiving word that United States Traffic Network filed a $5 million lawsuit against the company. The company said its reseller agreement with USTN has ended and the lawsuit is baseless, frivolous, and insulting