Upstate NY Morning Man Arrested On Drug Charges

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The name of his show per the radio station's website is called The Extravaganza. Over the weekend, the morning man, and one-time town supervisor of Massena, New York, was arrested and charged with cocaine possession.

Charlotte, Vegas Underperform For Beasley

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Beasley Media CFO Caroline Beasley told investors Friday that of the seven markets Beasley reports to Miller Kaplan, Charlotte and Las Vegas were the biggest underperformers.
Sold

New York AM Sells For $7 Million

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Back on February 1, we reported that NJ Broadcasting, owned by Dr. Shukla, a pediatric physician who owns 7 Days Pediatrics, located in Edison, New Jersey, was buying WWRL from Access1 Communications. We now know the price of that sale -- $7 milion.

Entercom Colorado Raises $1.3 Million For Kids

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The Alice 105.9 Cares for Kids radiothon raised $1.3 million for the Children’s Miracle Network Hospitals which benefit Children’s Hospital Colorado.

Entercom Same Station Q4 2015 Revenue Up 2%

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CEO David Field says when you back out political in Q4, revenue was up 5% and he was very upbeat about his company's performance, both in the back half of 2015 as well as pacing for the first half of 2016.

CBS Radio Revenue Declines 5%

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CBS Corporation reported strong revenue growth in Q4 of 2015. Profits fell by 37% because the company took a big charge to write down the value of some of its radio stations, "to reduce the carrying value of radio FCC licenses to their fair value." Revenue at CBS' radio stations was down 5% in Q4, blamed on "continued softness in the radio advertising marketplace and lower political advertising."

Is Pandora For Sale?

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Fortune Magazine and The New York Times say yes. And Fortune goes so far as to say, "The money-losing music service has put itself on the block," and calls it nothing more than a fire sale. The Times reports Pandora has taken the step to hire Morgan Stanley to shop the company around. Fortune says that with Pandora losing about $10 million every month, "it’s difficult to see who would see such a deal as attractive."

Pandora Will Be A $4 Billion Business

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CEO Brian McAndrews says Pandora will achieve that goal within five years. In 2015, Pandora took in $1.164 billion in revenue. Here's the plan McAndrews laid out which gives him the confidence his company can hit that $4 billion number by 2021.

Pandora Rev. Up 22%. 154 Sellers Now On The Street

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The streaming pure-play ended the fourth quarter of 2015 with revenue of $336.2 million. Excluding revenue from ticketing services, revenue was $326.0 million, an increase of 22% compared to $268 million in total revenue for the same quarter last year. Advertising revenue increased 22% in the fourth quarter of 2015 to $269.0 million, compared to $220.1 million in 2014.

We Now Have 10% Of All Radio Listening

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It's a number they've never really been able to prove, or that any analyst covering the company has ever challenged them on, but Pandora now claims to be "at an all-time high of more than 10% share of U.S. radio listening."

Our Print Magazine: Radio Ink

November 10, 2025

On the Cover: ABC News' Steven Portnoy
The Unconfinable Stephen A. Smith
Top Lawyers and Brokers Speak

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