Headlines

(By Jeffrey Hedquist) What are the elements of your client’s business that you think are disadvantages? Can they be turned into advantages? Here are some questions to consider, with examples of turnarounds.

(By Loyd Ford) "With a large chunk of the world consumer spending under pressure, companies now need to be more creative about avenues to generate revenue growth." That was Ernst & Young Chief Economist Gregory Daco in the Wall Street Journal this week.

On August 9, Mentoring and Inspiring Women in Radio honored syndicated host Delilah with its 2024 MIW Airblazer Award. Now in its ninth year, this accolade celebrates a woman in broadcasting chosen by the previous year's honoree

With concerns about misinformation in mass media at all-time highs, boosted by a close and contentious election cycle, a new Katz Media Group study is showcasing AM/FM as a uniquely unifying medium when it comes to trust, bridging political divides.

(By Cameron Coats) I saw a quote on Instagram the other day that refuses to leave my mind: “I want AI to do my laundry and dishes so that I can do art and writing, not for AI to do my art and writing so that I can do my laundry and dishes.”

Happy Friday! This week’s Blast From The Past comes from Mark Wallengren's time at Boise's KBOI-AM in 1982. Send your Blast From The Past to our Online Editor Cameron Coats for your chance to be featured.

Kansas City is the latest city to lose an Alternative radio station, as Audacy flips ALT 96.5 to sports/talk starting August 15. The new 96.5 The Fan (KFNZ) will carry programming previously available on 610 Sports Radio (KCSP-AM), which will become a simulcast signal.

With Urban One returning to its usual earnings release schedule, broadcast radio is a stronger spot for the company as cable television prompts revenue woes. The bottom line? A net loss of $45.1 million for Q2 2024, a stark year-over-year reversal from $71.2 million.

The last pure-play radio broadcasting company in the U.S. to be publicly traded has chimed in with its second quarter results. And, like its peers, slightly lower net revenue, coupled with slightly higher station operating expenses, led to a profit decline during the period for Saga Communications.

It was another challenging month for the nation's leading audio content creation and distribution company, as iHeartMedia saw revenue growth during the second quarter of 2024 offset by an increase in operating expenses. This resulted in a wider net loss.