Industry News

Broadcast revenue fell 5.1% but digital again was a bright spot

The post Cumulus Posts Loss, Revenue Drop for 2024 appeared first on Radio World.

The owner of such broadcast television stations as KGW-8 in Portland, Ore.; WTSP-10 in Tampa-St. Petersburg; and flagship WUSA-9 in Washington, D.C., enjoyed a 20% gain in revenue in the fourth quarter of 2024, helping it achieve full-year revenue growth of 7%. The big reason TEGNA saw the improvement is tied to political advertising.

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.

The year-over-year results mark an improvement. But, in the eyes of analysts, the revenue growth seen in Q4 2024 for Sinclair Inc. may not be good enough. That's what the company led by Chris Ripley  has to contend with.

Through a Notice of Proposed Rulemaking, the Commission will consider additional actions it could take today to make sure TV viewers aren’t inundated by exceedingly loud commercials in the future.

Gray Media has inked an agreement that will allow it to simulcast five Memphis Grizzlies NBA games, in partnership with FanDuel Sports Network. The games will appear in Memphis, Nashville and Knoxville, starting March 12.

Audacy's Podcasts division has expanded its exclusive, multi-year sales and distribution partnership with CBS.  The agreement now includes CBS Entertainment, CBS Media Ventures, CBS News, and CBS Studios podcast slates.

The partnership looks to enhance listeners' in-car experience

The post Cumulus Stations Adopt Quu’s Visual Display Offerings appeared first on Radio World.

In Contra Costa County, there are four GBS SFN deployments

The post KQED Uses MaxxCasting Nodes for an East Bay Boost appeared first on Radio World.

Keep colleagues in the loop (and keep yourself visible)

The post Create a Weekly Report for Your Stakeholders appeared first on Radio World.