Led By Digital, Audacy Posts Profit in Q2 After Last Year’s Loss
Audacy has released its financial results for Q2 2024, revealing a mix of increased digital and sports revenue with lower spot advertising. The report was quietly dropped on Friday, marking a full year since the last formal earnings call for the company led by David Field.
Facing Enrollment Declines, Universities Find Success in Radio
From 2010 to 2023, college enrollment in the US dropped from 18.1 million to 15.8 million students. As colleges and universities struggle to make up the difference and stay afloat, radio provides an excellent opportunity to boost enrollment, per a new report.
‘Deceptive Broadcast Contests’ Earn Audacy An FCC Penalty
A nationwide cash contest has the country's second-largest radio station owner in hot water with the FCC's Enforcement Bureau, as Audacy faces a $14,000 penalty for violating the Commission's rules, according to a recent enforcement action.
Entravision Reports 12% Q2 Revenue Jump Despite Digital Spinoff
Entravision Communications may have had to spin its digital advertising representation business due to the end of Meta’s Authorized Sales Partner program, but that didn't stop the Hispanic broadcaster from reporting a 12% increase in net revenue in Q2 2024.
We All Play A Part In Great Service
(By Pat Bryson) I was recently at a board retreat for a non-profit organization that I serve when the topic of stewardship came up. The discussion centered on how we show appropriate appreciation to those who give us money.
‘Disadvantages’ Into Advantages
(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.
The Problem Is Everything
(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.
MIW Recognizes Delilah with Airblazer Award In San Diego
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
Across Party Lines, Radio Is The Most-Trusted Reach Medium
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.
Creative Tightrope: Radio’s AI Balancing Act
(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.”
Our Print Magazine: Radio Ink
The Best Managers In Radio
The Memo: Setting the Record Straight, 25 Years Later
