Industry News

WorldCast weighs long-term environmental objectives

The post Sustainability Is Not Just a Trend But a Necessity appeared first on Radio World.

After nearly five years, creditors owed funds by the former radio station licensee led by Doris and Monte Miller will be getting their dollars. It is thanks to successful litigation that involved one of the biggest law firms on the West Coast.

New market research from WARC and radio station owner Audacy explores the perceptual barriers that are driving the gap between audio advertising spend and audio consumption in the U.S. "This white paper challenges long-held assumptions and demonstrates audio's ability to drive multi-platform, full-funnel impact for advertisers."

An FM signal covering cities to the east of Phoenix including Mesa, Chandler and rapidly growing Queen Creek, Ariz. — linked to an all-important FM translator atop Shaw Butte in the heart of the Valley of the Sun — is now in the hands of a first-time husband-and-wife ownership team.

The Copyright Royalty Judges who sit on the U.S. Copyright Royalty Board have approved a cost of living adjustment to the royalty rate that certain noncommercial radio stations at secular educational institutions must pay next year. The rates are for stations not affiliated with NPR.

The Senior VP of Streaming Sales at Fox Television Stations is welcoming an individual who has joined the team by taking the Vice President of Streaming Sales role. He'll also be taking a key position designed to boost OTT platform ad revenue for the FOX unit.

The individual who serves as Area President for 10 iHeartMedia radio stations across the Constitution State is calling it quits, as the company has announced he will retire at the end of 2024, concluding a nearly 40-year career in broadcasting.

Townsquare Media CEO Bill Wilson participated on Tuesday morning at the BofA Securities’ Leveraged Finance Conference at the Boca Raton Resort and pulled no punches when it comes to broadcast radio's ongoing core revenue woes. As he shared with attendees, the broadcast business is in a slow, secular decline, with National never coming back. 

Applications are open for Exhibitors to participate in "Futures Park," a global showcase for research and development of broadcast, media and entertainment technology at the 2025 NAB Show, taking place April 6-9, 2025 in the West Hall of the Las Vegas Convention Center.

Until now, it has simulcast the programming of WYCR-FM in the York, Pa., market, for listeners in nearby Lancaster. Soon, that will end, with the word of God coming to this 250-watt FM facility in Amish Country.