Massive Layoff Hits Spotify As An Estimated 1,500 Lose Jobs
Spotify's CEO Daniel Ek announced an "organizational change" in a company memo on December 4, which revealed the company's third round of layoffs for the year. The audio streamer is reducing its workforce by approximately 17%.
D.C.’s WMAL Salutes Wounded Troops With Annual Radiothon
Cumulus Media D.C.'s WMAL held its 21st annual Operation Fisher House Radiothon on November 30 and December 1. The event raised more than $413,000 to provide essential housing for families of military members and veterans receiving medical treatment.
Chicago Public Media To Begin CEO Search As Moog Eyes End
Chicago Public Media CEO Matt Moog announced he is leaving his post as soon as the organization can find his replacement. A search for the new CEO is set to begin in early 2024. Moog has led CPM since 2020, with ten years' previous experience on the board.
Lowe’s and Cell Carriers Improve National Radio To 2023 Highs
The holiday boom continues bringing Q4 cash to radio, with Lowe's building the biggest national advertising week of the year. The home improvement giant ran a year-record 96,943 spots from November 27 to December 3, according to Media Monitors.
NAB Adds Quiñones To Government Relations Team
The National Association of Broadcasters is welcoming Ray Quiñones as its new Director of Government Relations. Quiñones' background includes serving as policy advisor for House Energy and Commerce Committee member Rep. Darren Soto.
AM Radio-Less Rivian Adding SiriusXM To Native Dashboard
As SiriusXM rolls out its 2024 brand overhaul, it will be adding electric vehicle manufacturer Rivian to its list of carriers. This integration, which will go to all Rivians via an over-the-air update, is the latest audio addition from the brand which cut AM years ago.
AdvertiseCast CRO Makes 5 Podcast Predictions For 2024
With IAB research showing US podcast ad revenue is expected to hit $2.28 billion in 2023 and is projected to reach $4 billion by 2025, Libsyn AdvertiseCast CRO Dave Hanley has shared his five key predictions for podcast advertising in 2024.
WorldStar and Kia Shine Launch Show With Podbean
Podbean has introduced Immediately Kinfolk, an original podcast through digital collective WorldStarHipHop. Created and hosted by writer, producer, rapper, and actor Kia Shine with co-host DeRone Payne, the series offers interviews combined with music and culture content.
Cumulus Cincinatti’s Bridget England Gets PD Promotion
Cumulus Media Cincinnati has announced the rise of Bridget England to the role of Program Director at 96 Rock (WFTK). England, a WFTK morning co-host for the past 12 years, will continue hosting the show alongside her new responsibilities as Program Director.
Meet The RAB’s Next Leader: One-On-One With Mike Hulvey
As Erica Farber hands the role of RAB President to Mike Hulvey, Radio Ink sat down with the Neuhoff Communications CEO to get to know the man taking on one of the industry's most vocal and powerful mantles.
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