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Gray Media shares, which trade on the NYSE, torpedoed ahead by more than 20% in value in midday trading as investors celebrated total Q1 2025 revenue finishing above the high end of its guidance. Debt reduction and a decline in broadcast operating expenses were also highlights singled out by the broadcast TV group.

Global consumer spending on overall media content and technology grew at a 4.4% rate in 2024 to $2.371 trillion. This, says PQ Media, marks the third consecutive year of decelerating growth after a 4.5% increase in 2023, and that followed the strongest growth in consumer media spend in a decade the prior year.

Net operating revenue was down slightly, as Saga Communications once again logged a net loss in the first three months of the year. In fact, the results offer a near mirror image of what the company led by CEO Chris Forgy, with significant equity interest held by Towerview LLC, logged in Q1 2024.

An entertainment industry attorney with unscripted programming and film experience across international platforms, has joined Hearst Media Production Group (HMPG) as Vice President of Business Affairs.

She served as the "NCSA/PEP Coordinator" for the Wisconsin Broadcasters Association and had been with the organization led by Michelle Vetterkind for two decades. Now, radio and TV professionals across the state are remembering the life of Liz Boyd, who has died at the age of 71.

A new WARC report led its research and analytics head to state, "While AI tools, in particular, bring new speed and scale to measurement, advertisers still lack a complete framework for understanding advertising return on investment."

Capus said staff and programming will be cut further

The post Latest Court Action Blocks RFE/RL April Funding appeared first on Radio World.

It's a story you've heard before, but it bears repeating: Townsquare Media, the "local first" company with subscription digital marketing solutions and a vibrant digital advertising division has released first quarter 2025 earnings results that show Digital comprising 57% of quarterly revenue. 

“Nexstar delivered solid first quarter Net Revenue, Adjusted EBITDA, and Adjusted Free Cash Flow, driven by record first quarter distribution revenue and disciplined expense management." That's the official assessment from Nexstar Media Group leader Perry Sook, who calls deregulation his top priority.

Group is helping a new batch of LPFM stations onboard

The post Common Frequency Is a Fierce Radio Activist appeared first on Radio World.

With the NAB Show in the rearview mirror and growth anticipated for its TiVo, HD Radio and DTS AutoStage branded products benefiting broadcast media, Xperi Corp. beat earnings per share estimates for the first quarter by 3 cents per share, shifting from a loss in Q1 2024.  Investors appear pleased too.

Gary Shapiro is rapidly becoming Enemy No. 1 of the broadcast TV industry. He and the Consumer Technology Association are dead-set against forcing manufacturers to bring ATSC 3.0-powered "NEXTGEN TV" to all sets sold in the U.S.

In October 2024, she was named SVP of Content and Development for Telemundo Studios. Now, she's adding the role of advisory board member for the New York Festivals Television and Film Awards.

New York AM station enters consent decree, agrees to implement compliance plan

The post WRCK(AM) License Renewed After FCC Public File Violations appeared first on Radio World.

The provider has secured partnerships with the country's performance rights organizations

The post Live365 Now Offers Streaming and Licensing in Mexico appeared first on Radio World.

A key Senate Democrat is sounding the alarm over a series of recent actions by the Trump Administration targeting public broadcasting, including cutting NPR and PBS funding and proposing a budget that would eliminate the Corporation for Public Broadcasting.

"Sinclair delivered solid financial results in a challenging first quarter environment." That's the overall assessment of the first three months of 2025 from a fiscal standpoint from Chris Ripley, President/CEO of broadcast TV station ownership group and Dielectric parent Sinclair Inc.

A daytime-only Class D AM radio station in Remsen, N.Y., with an FM translator serving the Utica-Rome, N.Y., market can proceed with its license renewal. To accomplish this, it has entered into a Consent Decree with the FCC, which dismissed an informal objection seeking a stop to the renewal.

What if cars used their screens to display "check engine" statuses or info on necessary repairs?

The post Letter: In-Car Displays Should Come With More Practical Features appeared first on Radio World.

Service helped broadcaster maintain regional business continuity

The post InrushVoice Assists CMG in Wake of Helene appeared first on Radio World.