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That's according to a new report released by the Radio Advertising Bureau and Borrell & Associates. The $700 Million figure is 13.4% higher than 2016. Radio's overall revenue has been hovering at about $17 Billion per year. The report shows that digital ad revenue now accounts for 7.5% of the average station’s ad revenues, up from 6.3% last year.

Beasley’s Philadelphia radio cluster honored its top account executives of 2017 during the company’s annual President’s Club Dinner. The company’s monthly Philadelphia President’s Club winners, many of whom were also annual budget achievers, were recognized by their Sales Managers.

Spanish Broadcasting System has announced the appointment of Geraldo Arriaga as VP, Digital Media Sales of SBS, LaMusica App. Geraldo will spearhead the company’s digital revenue efforts at the national scale

A new streaming study was released at the Country Radio Seminar, Wednesday. And, there was a lot of good news for radio. The survey involved a wide group of audio listeners in the United States (ages 18-54) and focused on those who listen to country music at least once per month and those that use either a free or paid streaming service.

That's according to Amplifi Media CEO Steve Goldstein who was part of a panel at the Country Radio Seminar, Wednesday. Goldstein would like to see radio produce more original content in the podcasting space, which has already grown to a $250 million business. Here's why Goldstein says radio has an advantage.

A request by two anti-consolidation entities for an emergency stay of the FCC’s media ownership order, which effectively ends the ban on cross-ownership rules such as broadcast/newspaper combinations and radio/TV combinations in the same market, has been denied.

Courtney Landrum has signed a new multi-year agreement to remain on Entercom’s Y98 (KYKY-FM). It was also announced that the St. Louis station’s highly rated morning show changed its name to Courtney and Company.

iHeartMedia veteran Thea Mitchem has signed a new long-term deal to continue in her role at iHeartMedia's National Programming Group as EVP/programming for the Northeast division. She'll also continue as PD of WWPR (Power 105.1)/New York.

Bontemps Media's 977 “The Cajun” (KAPB-FM/Marksville, LA) has recruited radio veteran Niles Laborde as morning air personality. Laborde brings over 40 years experience to the Cajun's ‘90s-based Classic Country format.

The comments started piling up immediately after Cumulus CEO Mary Berner said "Radio needs to grow a pair," in her first ever radio industry conference appearance Tuesday at CRS. The reality of her comment is that other Radio CEO's have been saying the same thing, perhaps using other words, for years. So why did Berner's comments tick so many people off?