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According to an 8K filed Friday the iHeartMedia Board of Directors approved retention bonuses for CEO Bob Pittman for $1.75 million, CFO Richard Bressler for $1.75 million and VP of Corporate Finance Steven Macri for $750,000.

Those are the words of Beasley Media CEO Caroline Beasley in our cover story interview that comes out today. Beasley is our 2017 Radio Executive of The Year and she is featured on the cover of Radio Ink magazine. In another excerpt from that interview, Beasley told us she'd like to see the radio industry work together a little more. She also discusses the importance of having a mentor and how she believes radio will succeed given all the choices consumers now have for entertainment.

Also in an 8K filed on Friday, it was made public that the Cumulus compensation committee awarded CEO Mary Berner a one-time discretionary cash incentive compensation award of $1,087,500 "in recognition of, among other things, her exceptional efforts and contributions during 2016, both individually and as a member of the management leadership team, in the initial phase of the Company’s operational turnaround plan and ongoing operational and financial restructuring."

After calling it “a privilege” to chair the FCC for the last three years, outgoing FCC Chairman Tom Wheeler focused on digital issues in his farewell speech Friday at the Aspen Institute in Washington, DC.

(By Bob McCurdy) Trust. Success in marketing and advertising depends on it, so it would follow that the more trustworthy the media channel, the more impactful the commercial message. Trust is the foundation upon which much consumer action depends. It facilitates belief, and in advertising belief is usually required for the consumer to act on the commercial messaging.

(By Laurie Kahn) Radio has always been known to pay extremely high compensation to corporate officers and managers, but has not been known to pay well to other positions, especially in sales and on air. Don’t misunderstand here; once a seller is established, they can earn a nice income, but often it can take years to get there. And that can create a major challenge in recruiting.

(By Barry Cohen) The radio industry does a great job of teaching people how to sell, and how to sell our medium. We don’t always do as good a job teaching them how to make it work. Let’s start with the answer to the burning question posed above.

Triton Digital’s November 2016 Ranker reports that Sports showed the biggest listening gains over the previous month, with a 10.71 percent increase in Average Active Sessions (AAS), Monday to Friday, 6 a.m. to 8 p.m. Read on and get all the results...

On Monday, our 2017 Radio Executive of The Year issue will be released. By now you know, on the heels of the year's biggest deal, Beasley Media CEO Caroline Beasley is on that cover. In our interview with Caroline she talks to us about how her family would stop at every radio station while on vacation, what it will take to get radio revenue growing again, and of course, the integration of Greater Media. In this excerpt from that interview we asked Caroline to give us an idea if more growth was in the cards for Beasley Media.

The streaming pure play blasted out several press releases late Thursday hoping to convince investors the company is strong and has an eye toward making a profit. The company expects to exceed its previously announced Q4 revenue numbers due to a strong advertising quarter.