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Streaming video has surpassed streaming audio as radio's top digital product

The post U.S. Radio Industry Hits $2.1 Billion in Digital Revenue appeared first on Radio World.

Stop worrying about that core revenue malaise: The radio industry has reached "a significant milestone in its digital transformation," hitting a record high in 2024, the RAB shares. The organization's annual digital benchmarking report offers details first shared last week by Borrell Associates.

While that's good news from Allen Media Group, it may not dispel industrywide discussion that AMG's fiscal challenges are significant and largely behind a recent effort to phase out local meteorologists at its TV stations in favor of an Atlanta-based hub powered by The Weather Channel.

Nueva Network, Costa Media, and MLC Media are officially merging under the leadership of José Villafañe, the architect and head of the growing Spanish-language audio content creation and distribution company.

New audio products designed by venture led by industry veterans David Reaves and Rich Redmond

The post David Reaves Audio and Aqua Broadcast to Team Up appeared first on Radio World.

The U.S. Copyright Office has published a Notice of Inquiry on issues related to Performing Rights Organizations — an action, the office explains, that comes in response to a Congressional request to gather comments on the increase in the number of PROs in the United States and their licensing revenue distribution practices.

In April 1996, he rose from General Sales Manager to General Manager of Spanish Broadcasting System's flagship New York properties, including the Hispanic-focused radio operator's very first radio station.  Now, Gene Bryan has returned to the company.

The Chief Operating Officer of Fox Corporation, who also serves as a member of the Office of the Chairman, has inked a three-year employment agreement that sees him adding the title of President.

FuboTV Inc. may largely be known as a "sports-first" live TV streaming platform that went to court to stop The Walt Disney Co., FOX Sports and Warner Bros. Discovery from launching the Venu Sports platform — only to agree to a deal that sees Disney buying Fubo. Now, "Fubo Sports" is poised to become a digital multicast offering.

In a widely expected move following the January 29 decision by CEO David Field to step down as President/CEO, Audacy Chief Financial Officer Rich Schmaeling has resigned "to pursue other business opportunities." The company with majority ownership held by Soros Fund Management "will not name" a new CFO in the near term.

Sinclair Inc., which has taken a lead role in the development and rollout of ATSC 3.0 digital broadcast technology and its associated datacasting services, has good news to share regarding early participation and consent results for a private exchange offer tied to its Sinclair Television Group subsidiary.

Inside the Portland HQ, you'll find a giant CD wall, kid-friendly furniture and more than 30 miles of cabling

The post Check Out All Classical Radio’s Shiny New Headquarters appeared first on Radio World.

Press Communications, concerned about interference, wants FCC to institute more reporting requirements

The post Xperi Asks FCC to Reject Challenge to Asymmetric Sideband Order appeared first on Radio World.

Brendan Carr goes on "Fox and Friends" to discuss the CBS and Audacy investigations. Carrier dinged $4.5M for robocalls impersonating the FCC. FCC warns radio stations about payola.

Carr goes on Fox News to discuss CBS and Audacy ~ Strange $4.5M robocall dinger ~ FCC warns radio stations about payola.

He's the Clerk of the Senate Committee on Transportation for the State of Vermont and also chairs the state's Senate Committee on Institutions. With the FCC's blessing, you can soon call Russ Ingalls a broadcast licensee, too.

Four FM radio stations and two sibling properties on the AM band are being sold by Henry Ash and his Petracom of Holbrook LLC, paperwork filed late Friday with the FCC for its regulatory approval shows. Who's the buyer?

MediaCo Holding Co., the Standard Media-controlled licensee of broadcast properties led by former Spanish Broadcasting System executive Albert Rodriguez, is exercising its option to purchase the radio and TV stations it has been operating for 10 months. Details surfaced in a FCC filing made late Friday.

FCC Includes Additional Video Material in its Request for Comment on News Distortion Complain Involving CBS Broadcasting Inc., Licensee of WCBS, New York, NY

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