News

Both for the fourth quarter of 2015 and for the full year of 2015. Revenue in Q4 was $1.2 billion (up 10%), and for the year $4.6 billion (up 9%). Net income was $135 million and $510 million in the fourth quarter and full-year 2015, respectively, compared to $143 million and $493 million in the fourth quarter and full-year 2014.

SiriusXM CEO Jim Meyer told investors and analysts on Tuesday that early in 2015 the company projected 1.2 million net new subscribers and delivered 2.3 million, bringing paid subs to an all-time high of 29.6 million. The company also projected revenue of $4.4 billion and it delivered nearly $4.6 billion.

The assault on radio's home base continues as SiriusXM is now connected to about 1/3 of all vehicles on the road today. The SiriusXM penetration rate into new vehicles in 2015 was 74.5%. In Q4 that penetration rate was even higher at 78%.

In what's become an annual highlight of the annual Country Radio Seminar in Nashville, Edison Research will present new listener data at CRS, which begins next week. This year, Edison's presentation is called "Fear of Missing Out."

Finally, your client is ready to target the Latino market! How do you help them develop a winning game plan that unlocks the power of Latino consumers? Jose Gónzalez, GM and strategic director at Pólvora Advertising, has helped brands including Ace Hardware, Century 21, Disney Baby, and many others to increase Latino cash-register rings and he'll be at Radio Ink's Hispanic Radio Conference, March 22-23 in Fort Lauderdale.

In 2015 Cumulus' Dallas cluster of radio stations raised a total of $1,212,089 for local and national charities. The stations raised funds, supplies, and awareness for many charitable organizations through events and on-air and online promotions.

Alternative Rock station, WEDG-FM/103.3 The Edge has named Tiffany Bentley (“Bentley”) as Music Director and Afternoon Drive On-Air Personality (3:00-7:00 p.m.) Bentley comes to The Edge from Alternative Rock station WLKK-FM in Buffalo, where she was Morning Host.

Cumulus' Indianapolis stations WRWM-FM and WJJK-FM, in partnership with the Midwest Food Banks, Metro PCS, and two local TV stations, collected bottled water for the citizens of Flint, MI. 205,000 bottles of water and 200,000 gallons of water were collected.

Westwood One is sponsoring its third annual Super Bowl Sound Awards for Excellence in Audio Creativity. The contest will feature the national commercials airing on all stations carrying Westwood's Super Bowl broadcast.

This April the team at Hubbard Radio's WTMX in Chicago will be rewarded for all the hard work it does for the community of Chicago. The station will be honored with the NAB Crystal Heritage Award for winning five Crystals. The award is given for exceptional year-round community service, which is exactly what WTMX excels at.