Townsquare Smashes Through 2019 Numbers
That was the benchmark for radio when things started to normalize from the pandemic. The goal for radio was to get back to revenue numbers when things appeared to be humming, right before COVID-19 hit.
Survey Says Radio Listening on The Decline
We just finished a round of quarterly radio earnings calls where most CEO's touted the power of radio and how it has held its ground when compared to how traditional TV viewership and newspaper readership are being shattered. But is that really the truth?
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.
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