News

If you watch the video, posted on TMZ, you might think the entire episode is a joke, or a stunt. However, it appears to be quite real, and Big Boy will certainly have something interesting to discuss on his show Wednesday morning.

The National Association of Black Owned Broadcasters Telecommunications Education and Management Foundation and Personal Selling Principles have announced the dates for the 4th annual Media Sales Institute.

iHeartMedia CEO Bob Pittman and Entercom CEO David Field will discuss data and analytics during a Radio Show session on September 25 in Orlando. The discussion will be moderated by MSNBC Anchor Stephanie Ruhle.

The NBA’s Oklahoma City Thunder have renewed their partnership in a multi-year agreement that will keep WWLS-FM (The Sports Animal) as the official radio broadcast home of the Thunder Radio Network.

Charese Fruge joins RadioNOW 100.9 (WNOW) Indianapolis and RadioNOW Houston (KROI) as the new CHR Format Captain and Program Director for both markets. Fruge has over 20 years of experience in the radio business and has worked in Nashville, New York, Los Angeles, and most recently as VP of Programming for the six-station Entercom cluster in Houston.

Those were the words of Cumulus CEO Mary Berner and CFO John Abbot, who reported the company’s quarterly earnings to investors and employees Monday — the first such call since Cumulus' emergence from bankruptcy on June 4. Berner said the Cumulus business model is solid.

That is quite a jump from the $100,000 the Cumulus CEO says the company took in before this year. There is no doubt Berner sees podcasting as a major source of new revenue for the company as it grows the Westwood One Podcast Network, which Cumulus says reaches a quarter of a billion people each week.

Fresh out of bankruptcy and back on the phone with investors, CEO Mary Berner reported on Monday that Q2 revenue was down from $290.5 million to $285.2 million, a decline of 1.8%. For the first six months of the year, revenue was off 1%, declining from $554.6 million to $549 million.

Cumulus executives told investors Monday that the USTN financial situation cost the company about $5 million in revenue in the second quarter, and it already has a long-term deal with a new provider. That provider is iHeart’s Total Traffic & Weather Network. Reports from TTWN will begin on Cumulus' 441 stations in September.

Radio Ink has learned from several sources that United States Traffic Network is winding down its radio operations. The last several months have been brutal for the traffic network, as Entercom has publicly berated the company about its financial problems. And Cumulus executives jumped on the bandwagon Monday when they announced they had to write off $5 million they were expecting from USTN. Here are all the details on USTN wind-down.