News

That's according the first-quarter edition of BIA/Kelsey’s Investing In Radio Market Report. That's slightly down from 2014, which BIA/Kelsey said was $14.9 billion. And it's way off from the number the RAB reported in early March ($17.3 billion).

As a result of our Tuesday commercial load story, with former CBS Radio President Dan Mason, Meredith College Professor of Mass Communication, Doug Spero reminded us of a piece he recently wrote for The Huffington Post called, We'll Be Right Back After These Messages." In it Spero quotes consultant Becky Brenner who said listeners are responding to all those ads. (pictured).

The leadership at PodcastOne is hopeful the roster of talented podcasters they've assembled will be worth paying for. Until now, running ads within podcasts was the primary way to make money at podcasting. PodcastOne is trying to add another revenue stream.

Yvonne Lacey is the new VP of Digital Sales Development for at AdLarge. Lacey will be the point person for the sales team on all things digital and report to Chief Revenue Officer, Don Wachsmith.

Louie Cruz is the new Senior VP of Programming for iHeart's Modesto/Stockton cluster which includes Hot AC KOSO-FM, Rhythmic AC KQOD-FM, Active Rock KMRQ-FM, AC KJSN-FM, and News/Talk KFIV-AM.

Broker Dick Kozacko tells Radio Ink that Murphy Communications has sold KMUR-FM in Bullhead City, Arizona, to the Christmas Brick Foundation. Murphy owns several other stations in Arizona, while the Christmas Brick Foundation, located in Park City, Utah, picks up their first station.

SiriusXM announced Tuesday that Kenny Chesney will bring his No Shoes Radio channel exclusively to SiriusXM. The channel, which is curated by artist, will feature music from Chesney, his favorite artists across multiple styles of music, rare live performances, and special coverage of backstage happenings at Chesney's concerts.

Kelli Hurley will now oversee all sales efforts for the company’s portfolio of digital products -- including streaming audio, on demand, and podcasting.

The Katz Media Group is arming radio managers and sellers with more data to back up how important a role radio can play in the 2016 election. On Monday, Katz released its third report as part of “The Local Vote 2016”– a single-source tool commissioned with Nielsen.

iHeart Media has named Tish Boden Senior VP of Sales for the Jacksonville/Brunswick market. Boden moves to Jacksonville from the iHeart New Orleans cluster where she was GSM. Boden has over 14 years in radio, having started out as an AE and on-air personality.