Description: The Bible of Talk Radio and the New Talk Media
Cumulus Media Inc is the first radio company to report its financial results for the second quarter of 2023 and post Q2 net revenue of $210.1 million, a decrease of 11.2% over the same period in 2022. The company also posts a net loss of $1.1 million for the quarter, compared to the $8.6 million in net earnings it reported for Q2 of 2022. Breaking down the company’s revenue by segment, digital is the only segment that didn’t report a double-digit decline ($37.5 million, down 0.7%). Spot revenue was $107.1 m
Starnes Media Group announces that it has signed a long-term contract extension with KWAM, Memphis news anchor Ben Deeter . He’ll continue to co-host the award-winning “Wake Up Memphis” show as well as anchor the midday newscasts. Deeter joined KWAM in 2021 after graduating from Cedarville University . He’s the winner of multiple Tennessee Association of Broadcasters awards as well as a regional Edward R. Murrow Award. Starnes Media Group CEO Dalton Glasscock says, “For Ben Deeter this is a job and passion,
Edison Research released data from its Kids Podcast Listener Report during a webinar held yesterday (7/27). Some of the key points from the report that looks at podcast listening by kids ages 6-12 include: 1) Forty-six percent of children ages 6-12 in the U.S. have ever listened to a podcast, and 29% of ages 6-12 in the U.S. listened to a podcast in the last month. The percentage of kids ages 6-12 who listened in the last month jumps to 42% if their parents have also listened to podcasts in the last month;