Goldstein Will Be Part of Our July Podcasting Conference
Steve Goldstein was a successful broadcaster for decades. If he wanted to, he could still be in the radio business today, making good money with a successful company. However, Steve saw the change coming in audio and specifically podcasting.
Salem Broadcast Revenue Up 10%
With $48.4 million of net revenue from its broadcast division, Salem Media's total net revenue in the second quarter came in at $62.6 million for an increase of 5.5%, up from $59.4 million in the first quarter of 2021.
IBA Members Put Forth Plan to Share Talent
The Independent Broadcasters Association will now provide a way for its members to share local talent. Here's how members can get involved in that process.
$322K Raised In Asheville NC
WMIT-FM listeners, in a single day campaign, donated enough money to provide more than 1,800 pregnant women with ultrasounds and faith-based support. The listener-supported radio ministry partnered with seven pregnancy centers for "Heartbeat of Hope".
Brooke & Jeffrey Raise $18K
The Brooke & Jeffrey program closed out their first-ever Merch for a Cause promotion. $18,000 was raised for Heart to Heart International's humanitarian efforts in Ukraine.
VirtualJock Signs WLS-FM
94.7 WLS-FM in Chicago is the latest affiliate to sign with VirtualJock.com. The service provides radio stations of all formats and market sizes with the opportunity to access major market on-air talent and programming services.
Audacy Revenue Jumps 14%
CEO David Field called it a great first quarter with overall revenue up 14% to $175 million. Digital was up 16%, spot radio increased 14% and local radio ad revenue climbed 18%. Field also said podcasting revenue was up 37%.
Beasley Revenue Up 15.6%
That increase included a 35.5% increase in digital revenue, which now makes up 14% of Beasley's total revenue. Comparing Q1 revenue to the pre-pandemic year of 2019, revenue was down $2 million, or 3.4%. Total revenue in the quarter was $55.7 million.
Study: Radio Grew Advertiser’s Business by 11%
In his latest blog post, Cumulus' Pierre Bouvard details a new study conducted by Cumulus and Nielsen for a national office supply chain. The study showed how effective radio was for the advertiser, increasing sales by 11% and share of category by 15%. Read the Bouvard blog HERE.
Don’t Miss The Chance To Save Money!
The Deadline for Early Bird Registration for the Radio Ink Hispanic Radio Conference is Friday, May 13. Save $300 by signing up now for the Hispanic Radio's Premier Event.
Our Print Magazine: Radio Ink
Lifetime Leadership Award Honoree Harvey Nagler
The $250 Question: Inflation and Contesting
