Political Revenue Kept iHeart Broadcast Revenue Afloat In Q4
iHeartMedia closed its 2024 earnings reports with a mixed financial picture, reporting higher net income and growth in digital and political ad revenue, but also declines in some core revenue segments that caused the company to fall short of analyst expectations.
WSUL Heart-A-Thon Raises Over $80K for NY Heart Health
The 47th Annual 98.3 WSUL Heart-A-Thon raised over $80,000 to support heart health initiatives in New York's Sullivan County. The event, which aired live on the Bold Gold Media station on February 21, featured a full day of fundraising, education, and awareness.
Rochester’s WXXI News Director Randy Gorbman To Retire
Rochester NPR member WXXI News Director Randy Gorbman has announced his retirement, marking the end of a 47-year career in journalism. Gorbman, one of the longest-serving news directors in New York, will officially step down on March 28.
NAB Targets Big Tech In Campaign to Modernize Ownership Rules
On the heels of NAB CEO Curtis LeGeyt's address at The Media Institute’s 2025 Communications Forum, the NAB has launched a multi-platform campaign urging the FCC to modernize its long-standing local radio ownership regulations.
WHUR Listeners Support Howard University’s Student Volunteers
Howard University’s Alternative Spring Break program received a major financial boost from WHUR listeners, who donated more than $45,000 during the station’s Annual Helping Hands Radiothon over twelve hours on February 23.
Digital Growth, Cost Cuts Driving Strategy In Cumulus Earnings
"The pandemic, unfavorable secular trends, and a significant downdraft in national advertising," were all heavy factors in Cumulus Media CEO Mary Berner's address of the company's Q4 and full-year 2024 earnings report, which saw a $283.3 million net loss.
YouTube Hit 1 Billion Monthly Global Podcast Viewers In January
As YouTube continues its reign as the top podcast platform in the US, the company has announced it crossed the 1 billion monthly active podcast viewers mark in January. However, industry experts caution that these figures require additional context.
iHeartMedia Responds to FCC Probe Over Potential Payola
As FCC Chairman Brendan Carr seeks answers from iHeartMedia about potential payola violations stemming from artist payments and airplay policies for the iHeartCountry Festival 2025, the largest radio operator in the US has issued an initial response.
NRB Resolves To Protect AM Radio For Communities Of Faith
To begin the NRB 2025 Convention, the NRB Board of Directors passed nine resolutions addressing critical issues for Christian broadcasters and faith-based media. One resolution reaffirmed support for AM radio, emphasizing its role in serving the religious community.
Cumulus Drops ‘Poison Pill’ Plan as Takeover Concerns Fade
One year ago, Cumulus Media initiated a "poison pill" defense to stave off the looming threat of a hostile takeover from billionaire Manoj Bhargava. Now Cumulus is quietly putting that shareholder rights plan to bed as the danger fades, per an SEC filing.
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