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Beasley reported revenue of $27.8 million for the quarter, compared to $27 million in 2015. The Tampa market was highlighted as the reason for the increase. Interim CEO Caroline Beasley said, "Beasley’s clusters again outperformed the markets that report to Miller Kaplan on a combined revenue basis and we expect this trend to continue in 2016."

(By Wayne Ens) Radio advocate and Radio Ink Chairman Eric Rhoads once posed the question “What’s the one big thing radio needs to succeed?” Examining the success of other long-term sustainable business models, the answer becomes simple.

(By Kevin Neathery) There are two kinds of ad agencies: real agencies and local agencies. Real agencies can serve local, regional, national, even global clients. They don’t need a ranker, because they subscribe. They send an avail and negotiate rates based on audience. Then, when in agreement, they send an order and a fully produced MP3 featuring out-of-market voice talent. Covet real agencies.

The San Antonio Express-News broke the story that the new lawsuit was filed Tuesday. iHeartMedia is asking for hundreds of millions of dollars in damages over the previous dispute it had with bondholders because that case delayed plans to refinance debt and cost the company money.

We didn't get much color about radio in the CBS earnings call, we never really do. However, that might be changing as the company gets ready to spin off its radio division. And, even though the paperwork has been filed with the SEC for an IPO, all options to spin-off the radio division are still on the table.

Wells Fargo analyst Marci Ryvicker has been a big fan of Entercom for quite some time. The company's 5% second-quarter revenue growth did not change that. In fact, it only solidified her feelings about the company.

(By Walter Sabo) You and the RAB have actually done an excellent job of maintaining the desirability of radio as an ad medium. The challenge, at street level, is making radio easy to buy. Let me share a unique perspective.

NextRadio has launched a new blog series, and in that first blog, NextRadio unveils new data with the help of Edison Research. It was an online survey of 2,094 adult smartphone users who were asked specifically about radio.

...there's still a lot of room to grow. According to a Strata survey reported on eMarketer, TV or spot cable is where over 50% of agencies prefer to advertise.