Beasley Pro-Forma Revenue Drops 3.3%

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Overall, Beasley reported Q2 revenue of $61 million, up from $27.8 million a year ago. However, that increase includes the addition of the Greater Media stations which Beasley did not have a year ago. On a pro-forma basis, net revenue was down 3.3%. CEO Caroline Beasley said the decline was due to less political spending, a decline in national revenue, and specific integration-related issues.

Why Callahan Disagrees With Radio Ink’s Chairman

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Thom Callahan is the President of the Southern California Broadcasters Association. Callahan did not agree with the recently published column by Radio Ink Chairman Eric Rhoads called "Radio Without Madison Avenue." In the piece, Rhoads stated that Madison Avenue advertisers are mostly not enamored of radio. Here's Callahan's response...

Pandora Q2 Ad Revenue Jumps 5%

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For the second quarter of 2017, Pandora's advertising revenue came in at $278.2 million with total revenue coming in at $376.8 million, a 10% increase over 2016. Total paid subscribers increased from 3.93 million in Q2 2016 to 4.86 million in Q2 2017, an increase of 24%. Listener hours were down in the quarter. Here are those details...

Pandora Still Losing Millions

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The company reported it lost $275.1 million compared to a net loss of $76.3 million in the same quarter last year. That number includes a goodwill impairment charge to reflect a one-time write-down related to the net assets of Ticketfly and other one-time expenses related to a financing transaction. Adjusted EBITDA was a loss of $54.3 million, compared to a loss of $25.1 million in the same quarter last year.
Home Depot

Guess Who’s Number One Again?

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Make that 14 weeks in a row as radio's number one advertiser according to Media Monitors. The Home Depot aired just over 49,000 commercials on radio stations all over the country last week. GEICO held on to the number two spot (43,145), followed by Lowe's (32,650), Discover Card (28,126) which was up to fourth from 19th, and JC Penney (27,086).

iHeartMedia Launches Sports Format In West Palm

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The new Sports Radio 1230 The Zone will include Sports Talk programming, NFL games, the Miami Marlins, Florida Gators basketball, the 2018 Winter Olympics, college sporting events including football, the NCAA Final Four, and March Madness. The previous format was News/Talk. Here's the lineup of sports talkers for the new station.

Skyview, ABC Radio Ink New Deal.

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ABC Radio and Skyview Networks have agreed to an early extension of their content, ad sales, affiliate sales, and audio distribution agreement. This renewal runs through 2026.

Moon Reunites With The Bull

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Travis Moon is the new PD for Country station KUBL-FM/K-Bull 93 in Salt Lake. It's a return to KUBL for Moon, who was afternoon host, APD, and Music Director for the station earlier in his career. Moon joins the Cumulus station from KAJA-FM (San Antonio), KASE-FM and KVET-FM (Austin), where he was Director of Country Operations/Afternoon Drive for iHeart.

Old Friend Returns To Partner Beth At 99.9 KEZ

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iHeartMedia Phoenix announced today that Vinnie Del Rosso has joined 99.9 KEZ’s Beth and Friends morning show as a new on-air talent and executive producer. Del Rosso will serve as an on-air counterpart to the longest-running morning show host in the Phoenix market, Beth McDonald. He will also be the show’s executive producer.

Futuri Adds Three To Innovation Team

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Futuri Media has announced three key additions to its team: Chris Huneke, Alison Stubbendieck, and James Hunziker. All three new hires are based in the company’s new Cleveland-area headquarters.

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