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Audacy Nears Chapter 11 Exit With Stronger Q1 Performance, Townsquare Media Swings To Net Income In Q1 2024 Earnings
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Radio Headlines For Friday 05/10/24

iHeartMedia Logo 2023 PNGiHeartMedia CEO Bob Pittman is again praising podcasts as the US' largest radio broadcaster released its 2024 Q1 earnings. Digital audio growth was the strongest segment among mixed divisional results as iHeart looks for a more robust economic landscape. [read more]

Audacy Logo 2022Audacy was the fourth major radio player to share its 2024 Q1 earnings on Thursday, providing some positive news as the company prepares to exit Chapter 11. Net revenue rose while overall net loss greatly shrank from Q1 2023. [read more]



TownsquareTownsquare Media continues to become more "digital first" by the quarter. In Q1 2024, digital revenue came to represent 53% of the company's total net revenue in what leadership described as a challenging yet strategically promising first quarter. [read more]



Saga Communications Logo"Radio isn't broken, it's just slowing down - maybe a little misunderstood." Saga Communications CEO Chris Forgy delivered another memorable, if more muted, earnings call on Thursday as the company's candid leader discussed a "subpar Q1 performance." [read more]

Tabatha Grammer(By Charese Fruge') Tabatha Grammer is Program Director and Midday host for Griffin Communications' 106.9 K-HITS (KHTT) Tulsa. She’s also the Night Host on sister station 92.9 The River (KRQV). [read more]



Radio Ink May 2024 CoverWomen have always played a pivotal role in shaping the radio industry, bringing power, perspective, and innovation at every level. The May issue of Radio Ink recognizes and celebrates their contributions with our 25th annual Most Influential Women in Radio issue. [read more]



Gary Berkowitz(By Gary Berkowitz) Losing your job is right up there with major life losses. With so many people losing their positions this week, please allow me to share some ideas to help you get through this. [read more]

Hispanic Radio AllianceIn the closing moments of Hispanic Radio Conference 2023, a coalition of broadcasters and vendors was formed that has since turned into the Hispanic Radio Alliance. The Alliance will again take the floor in 2024 to discuss the journey ahead. [read more]



Podcast RevenueThe increase in podcast ad revenue may have been more modest in 2023, but the Interactive Advertising Bureau forecasts the medium will bring in more than $2 billion for the first time in 2024 after cresting the $1b mark only three years ago. [read more]



Jeff CrouereThe voice behind Ringside Politics on New Orleans' WGSO-AM, Jeff Crouere, is now the President and General Manager of that station. Crouere has been a host on Northshore Radio's non-profit talk community station for more than 17 years. [read more]

Megan Tackett and Eleanor BennettColorado's Aspen Public Radio is undergoing a lineup change as Eleanor Bennett, the local host of Morning Edition, is set to depart. Stepping into Bennett's role is award-winning journalist and former editor of the Aspen Daily News, Megan Tackett. [read more]



Sam SimmermakerIndiana sports broadcasting legend Sam Simmermaker has announced his retirement at the age of 92, after a 64-year career with White River Broadcasting in Columbus. Simmermaker's final daily sports updates will air on May 24. [read more]



Happy Friday! This week’s Blast From The Past comes from Greg Merrill's days at KBLW-AM. Send your Blast From The Past to our Online Editor Cameron Coats for your chance to be featured. [read more]
Get The Complete Q1 Story With RBR+TVBR
This week has been full of Q1 2024 earnings revelations across radio and television. For the most in-depth coverage, financial info, and Wall Street status, trust the RBR+TVBR Afternoon Headlines E-mail. Get it by clicking HERE.
 

Shazam Apple Radio ChartApple has unveiled a series of Radio Spins charts, using Shazam's music recognition technology to analyze terrestrial radio airplay streams to keep daily updated charts of the top songs globally and by genre. [read more]



Takin a Walk Artwork with iHeart Logo (003)Buzz Knight's Takin A Walk music history interview podcast has announced the donation of select episodes to the Rock & Roll Hall of Fame Library & Archives. The podcast features thorough discussions with prominent figures in the music industry, past and present. [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]
 
 
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