News

Urban One reported Q1 2022 revenue of $112.3 million, an increase of 22.9% from Q1 2021. CEO Alfred Liggins was happy with the performance of every Urban One division.

Saga Communications, which owns 113 radio stations and 80 translators, reported Q1 earnings of $25 million Thursday, an increase over Q1 of 2021 of 12%. Local radio revenue was $12.4 million, making up 50% of the total revenue for the company.

Danielle Desir will be part of our July virtual conference called How to Make REAL Money Podcasting. And Danielle has come up with a very cool way for you to make money podcasting.

Guaranty Media CEO Flynn Foster and former Triton Digital/Katz Executive Mike Agovino are launching Drop Biscuit Studios. Drop Biscuit currently has three series in production and plans to release at least five original series during 2022.

Westwood One is planning to mark Memorial Day Weekend with three specials. It will celebrate the start of summertime with programming specials in three different formats – Country, Classic Rock, and Hit Radio/ Hot Adult Contemporary.

Cumulus Media has announced a "modified Dutch auction" tender offer to purchase up to $25 Million of shares of its Class A common stock. The offer is at a price not greater than $16.50 and not less than $14.50 per share of Class A common stock, to the tendering shareholder in cash.

SoundExchange and VEVA Sound have created a partnership designed to increase the accuracy and efficiency of royalty payments. Using cloud-based technology the partnership will make it easier for creators registered with SoundExchange to receive the royalties to which they are entitled.

“Wheel Woman,” tells the true story of Georgia Durante, and her transformation from a mob family getaway driver to the Hollywood's first female stunt driver. The new iHeartRadio original podcast drops on Thursdays.

Jon Zaghloul is the new sports director for AM 1530 WCKG Chicago. Zaghloul will continue to host his weekend program, “Sports Talk Chicago”.

Jason Ginty is the new PD for Cumulus owned WZRH-FM/Alt 92.3 and WRKN-FM/NASH Icon Country 106.1 in New Orleans, and WRQQ-FM/Classic Hits 103.3 in Baton Rouge.