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iHeart Restructures Markets Group With Five New Presidents, Latest MAGNA Forecast Brings Relief For Audio In 2024
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Radio Headlines For Tuesday 12-05-23

Collin Jones GrimesCumulus Media has announced EVP of Corporate Strategy & Development Collin Jones as the new President of Westwood One, starting January 1, 2024. He takes over from Suzanne Grimes, who is stepping away after an eight-year tenure. [read more]

iHeartMedia Logo 2023 PNGiHeartMedia has announced a "leadership restructuring" of its Markets Group, to focus on what it refers to as high-growth areas. The latest changes introduce five new Division Presidents to oversee these the company's Region, Metro, and Community divisions. [read more]



Magna Global Ad ForecastIf a genie gave radio's leaders three wishes for 2024, they'd likely be economic stabilization, lower inflation, and big election revenue. Fortunately, those are the three factors driving MAGNA's Global Ad Forecast for the upcoming year - but will audio reap those rewards? [read more]



Jim LoftusSeven Mountains Media COO Jim Loftus is returning to Scranton, PA's Times-Shamrock Communications as CEO. Loftus will replace Jim Lewandowski, who spent a decade guiding Times-Shamrock through a print division divestment and a subsequent focus on radio. [read more]

Mike McVay(By Mike McVay) Disney has made billions of memories - and dollars - marketing magic at their parks. This is why, when offered, I took advantage of the chance to attend the Disney Institute in Orlando. Here's what I learned. [read more]



John Shomby(By John Shomby) It’s no secret that I am a fan of Jimmy Fallon’s excellent connection with his audience. None of this was exemplified better than the marketing and promotion around the release of Jimmy’s latest Christmas song. [read more]



Buzz Knight(By Buzz Knight) The Science of Happiness, often referred to as positive psychology, can be a valuable tool for improving employee well-being and productivity. Want to get more from your people? Here are ten practical ways it can be applied: [read more]

Cumulus WMAL RadiothonCumulus 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. [read more]



Youtube Music LogoThe Cumulus Media and Signal Hill Insights' Podcast Download Fall 2023 Report surveyed 608 weekly podcast consumers and revealed that YouTube has surpassed other platforms, including Spotify and Apple, in popularity among podcast listeners. [read more]



Lowes logoThe 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. [read more]

Matt MoogChicago 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. [read more]



Bridget EnglandCumulus 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. [read more]



Ray QuinonesThe 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. [read more]
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Rivian R1SAs 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. [read more]



Spotify Logo 2023Spotify'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%. [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]

Dave HanleyWith 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. [read more]


Immediately KinfolkPodbean 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. [read more]


 
 
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