Urban One Took Hard Hit In Q3, But Radio Continues Climb
Urban One has officially caught up on its earnings reports, though the company likely isn't keen on the results it released after the markets closed on the Friday before Christmas. Q3 saw a substantial net loss for Urban One, even as radio held growth locally and nationally.
As Salem Lightens Its Load, It Also Finds A New Credit Agreement
Salem Media Group has initiated a new financial maneuver by securing a $26.0 million asset-based revolving credit facility. This new 3-year agreement with Siena Lending Group replaces the previous arrangement with Wells Fargo Bank.
NABLF To Open Celebration of Service Awards Entries For 2024
The National Association of Broadcasters Leadership Foundation has announced the opening date for nominations and entries for the 2023 Celebration of Service to America Awards. This event highlights the outstanding contributions in community service.
Sherman and Tingle Drive Donations For Chicagoland Animals
Sherman and Tingle on Hubbard Broadcasting Chicago's 97.1 The Drive (WDRV) raised more than $19,000 through their annual Operation: Santa Paws initiative. Benefiting The Anti-Cruelty Society of Chicago, this marked the station's seventh year of support.
$3 Million More For St. Jude, Courtesy Of Audacy
Seven Audacy stations recently united to support St. Jude Children’s Research Hospital through the annual Country Cares for St. Jude Kids Radiothon, raising $3 million between them. Markets included Chattanooga, Chicago, Detroit, Phoenix, Pittsburgh, San Diego, and Wilkes-Barre.
No Surprises For Radio As FCC Caps 2018 Quadrennial Review
The Federal Communications Commission finally completed its 2018 Quadrennial Review under the 90-day deadline laid out by the DC Circuit of the US Court of Appeals, but the regulatory assessment ended disappointingly, if not predictably, for many broadcasters.
Radio Raises Generosity Past 2021 In The Season Of Giving Tally
From frosty showers to tons of St. Jude Radiothons, it was a holly, jolly Christmas for communities across America, all thanks to radio. Radio Ink's Season of Giving Tally rose in the holiday week to $24.72 million, beating 2021's $23.7 million after a year off.
Radio Was A Prime Holiday Destination For National Advertisers
Advertisers gave radio a great Christmas present - the biggest national spot play week of the year, per Media Monitors. In the week leading up to Christmas Day, Pfizer surged to the top of the chart, reflecting a robust end-of-year market.
Paige Nienaber’s Weekly Idea Dump: A Sultry Valentine’s Dump
(By Paige Nienaber) I was in a station meeting regarding a Father's Day promotion. The OM said, “I want to K.I.S.S. it,” and because he thought we were idiots and unfamiliar with cliches, added, “Keep It Simple, Stupid.”
Do Your Sales Meetings Create Opportunities?
(By Loyd Ford) In the real world, people don’t like meetings. You know it. I know it. People make memes and jokes about it. Still, sales meetings are generally the way companies funnel directives and try to motivate sellers.
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