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Podcasts Are iHeart’s ‘Growth Engine’ As Q3 Revenue Dips, As Expected, Townsquare’s Digital Arm Carries The Day In Q3
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Radio Headlines For Friday 11-10-23

Laura Schnitker HeadshotThe Library of American Broadcasting Foundation seeks to preserve radio's place in history through its mission of preservation and dissemination. To discuss this monumental undertaking, Radio Ink had a conversation with Laura Schnitker, Ph.D, at the University of Maryland. [read more]

iHeartMedia Logo 2023 PNGRevealing its Q3 2023 earnings on Thursday morning, iHeartMedia, the largest owner of AM/FM stations in the US leaned into digital audio revenue, particularly in podcasting. The company reported a revenue of $952.99 million, a decrease of 3.6% from Q3 2022. [read more]



TownsquareTownsquare Media's digital-first mentality continues to pay off in its "reset year," according to CEO Bill Wilson, as the company reports its Q3 earnings. The company's total revenue for the third quarter decreased by 4.6% year-over-year to $115.1 million. [read more]



Audacy LogoOn a day filled with major radio earnings calls, Audacy silently added its Q3 2023 financials to the pile with no advance notice. The result? A 5.6% decline in net revenues from the previous year, with decreases across local, national, and network revenues as digital grows. [read more]

Best Digital ManagersRadio Ink aims to recognize those individuals who are not just adapting to the changing landscape but are also leading the way in digital innovation with our first-ever Best Digital Managers in Radio list. Nominations are now open. [read more]



Edison NPRThe latest findings from Edison Research and NPR's Spoken Word Audio Report indicate the genre has reached new heights of popularity. Over the last nine years, spoken word audio's share of the total listening experience has soared by 55%. [read more]



Big Joe Pesh with coat donationsTownsquare Media Grand Rapids' Mix 95.7 (WLHT), in collaboration with the Big Joe and Laura Show, recently concluded its highly successful Warm Hearts coat drive, collecting 400 new and gently used coats for individuals in need during the winter season. [read more]

Publics Radio Rhode Island PBSIn Rhode Island, The Public’s Radio and the state's PBS have announced their intentions to merge. This proposed unification aims to enhance the service and support for communities in Rhode Island and southeastern Massachusetts. [read more]



Curtis LeGeyt at the headquarters of the National Association of Broadcasters in Washington, DC, on April 13, 2021.After a landmark year for the NAB, President Curtis LeGeyt will take the stage at Forecast 2024 with an esteemed panel for Signals of Change, a front-row seat to the future of legislative, election, and regulatory outcomes moderated by Frank Montero. [read more]



Angel JarquiniHeartMedia has appointed Angel “Visa” Jarquin as the new Senior Vice President of Programming for its Pacific Area, effective immediately. In this role, Jarquin will oversee programming and promotions for more than 29 iHeart stations. [read more]

DJ ProstyleiHeartMedia NYC's 103.5 KTU is adding DJ Prostyle and The Pro Show to its weeknight lineup starting November 13. The Queens native is no stranger to New York radio, holding down Saturday nights at Power 105.1 (WWPR). [read more]



Matt WheeleriHeartMedia Los Angeles has added Matt Wheeler as the new Director of Imaging for 102.7 KIIS FM, starting immediately. Wheeler's oversight of the station's audio identity comes under the guidance of KIIS Program Director Beata Murphy. [read more]



Dr. John and Jo Radio Ink Blast From the PastHappy Friday! This week's Blast From The Past comes from Jo Maeder and her days at NYC's K-ROCK in the 1980s. Send your Blast From The Past to our Online Editor Cameron Coats for your chance to be featured. [read more]
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Radio BilingüeSpanish-language news/talk Radio Bilingüe has received a $2 million grant from the State of California to support the expansion of the network's Fresno facility. The new station will include spaces dedicated to youth radio education and community events. [read more]



Spotify TV AppSpotify has updated its TV app to align more closely with its mobile app. The revamped interface features a "Now Playing View" on the home page and includes shortcuts to recently played content, as more audio streamers focus on multiplatform offerings. [read more]



Are you hearing things about radio in your market? Tell Radio Ink. We've covered radio for more than 31 years as the most trusted name in the industry. Send news tips and station press releases to Radio Ink Online Editor Cameron Coats. [read more]

Spotify for PodcastersSpotify's latest Fan Study provides podcast creators with insights into listener behaviors and trends gathered by the streaming giant, especially into creation and distribution. The study reveals more details about the rise of video podcasts. [read more]


Unruly PodcastPersonal care product brand Flamingo have announced a provocative new podcast, Unruly, with Audacy's Pineapple Street Studios. Led by Kimberly Drew, this eight-episode series delves into the subtle ways women's bodies are subjected to regulation. [read more]


 
 
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