Cumulus Media Reports 2024 Q4 Net Revenue Dips 1.2%
Reporting its operating results for the fourth quarter of 2024 and for the full year of 2024, it says net revenue for Q4 was $218.5 million, a decrease of 1.2% from the same period in 2023. For the full year of 2024, net revenue was $827 million, a decrease of 2.1% from the full year of 2023. The company posts a net loss of $283.3 million for 2024 “compared to net loss of $117.9 million, reflecting a 2024 pre-tax non-cash
impairment charge of $224.5 million compared to a pre-tax non-cash impairment of $65.3 million in 2023, both primarily reflecting FCC-related charges.” Cumulus president and CEO Mary G. Berner states, “Since the pandemic’s onset, the radio industry has experienced tough economic and secular headwinds. In the face of those, we outperformed our peers through the end of 2023 on key metrics including cost takeouts, EBITDA
margin recovery, free cash flow generation, net leverage, and liquidity. 2024 brought additional challenges, including accelerated national headwinds as well as an industry-wide slowdown in local radio advertising. In response, we doubled down on investing in growth areas, particularly in our digital marketing services business, which is pacing up 30% in Q1. Additionally, we continued evolving our broadcast go-to-market strategies, including with new offerings that are successfully attracting large new broadcast clients, and we drove additional cost efficiencies with 2024 actions that will result in $43 million of annualized fixed cost savings, of which $15 million benefited 2024 with the balance in 2025. Though the industry environment remains challenging for now, our 2024 refinancing efforts provided us with the time needed to both execute our day-to-day blocking and tackling and, in parallel, continue to reimagine the ways in which we can get the most out of our key assets to create new revenue streams and build additional long-term value.”





says, “Governor Newsom is going solo and diving into the real issues that matter – government, politics, affordability, quality of life, and the cultural moments shaping our world. No spin, no script, just real talk about what impacts listeners most.” 






should have the right to handpick the journalists who cover them. Doing so gives them license to select only news outlets whose coverage they deem positive and exclude responsible journalists whose reporting, although fair and accurate, the administration may not like. We call on the Trump administration to reverse this decision without delay so that the American people, and the world, can be assured they are getting a complete and accurate account of the activities of the President of the United States. This is especially critical during times of crisis.”



York Yankees baseball broadcasts. Berbari, in his third year with the station, will continue to serve as a fill-in play-by-play announcer. Audacy New York market president Chris Oliviero says, “We are excited to have Emmanuel take on an expanded role as the postgame show host for WFAN’s Yankees broadcasts. Emmanuel has been a terrific contributor to our team coverage the last few seasons and his passion for the game makes him a perfect fit to wrap up each game for the fans of the Bronx Bombers.”



streamed live on Rumble, and soon on both YouTube and X. Root tells TALKERS, “I’m thrilled to announce I’m now part of ‘Untamed Nation’ two hours a day. This gives my fans a daily choice – they can listen to my talk show on the radio, or they can watch both hours streamed as a podcast. Untamed is quite a unique platform. Untamed cuts through the noise and brings the truth to light. We are bold, empowering, and disruptive. No filters, no fear. Just raw untamed truth. It’s the perfect platform for ‘the loudest MAGA mouth in the world.’”
tapings and discussions aimed at aspiring podcasters in the Black community. He says, “We’re excited to return to Atlanta, building on the incredible momentum of the podcast industry and the growing impact of Black creators in the space. As the influence of Black voices continues to shape culture and drive conversations, The Black Effect remains committed to powerful storytelling, meaningful brand collaborations and unforgettable live experiences. This year, we’re celebrating not just where we’ve been – we’re embracing the limitless future of Black podcasting and the influence it holds.”

provides Townsquare with a five-year, $470 million senior secured term loan facility and a five-year, $20 million senior secured revolving credit facility. Townsquare used $453 million of net proceeds from the Senior Secured Credit Facility plus cash on hand to redeem the outstanding 6.875% senior secured notes due 2026. Both the term loan and the credit revolver mature on February 19 of 2030.
a state-of-the-art podcast studio in Qatar, accompanied by a lineup of original shows and the introduction of some of the world’s most popular podcasts to Arabic-listening audiences. It will also execute specialized masterclasses to nurture local talent and host global industry events, including Web Summit gatherings, positioning Qatar as a meeting point for the world’s top podcasting voices. iHeartMedia CEO Bob Pittman comments, “Podcasting has exploded in the US and is now a mass-reach medium. And iHeartMedia, with our expansive network as the #1 podcaster in America, is in a unique position to grow strong listenership around the globe. iHeartPodcasts features a massive catalog of original shows spanning every category and this new partnership creates an opportunity to work with a long roster of incredible creators and distribute even more content to new audiences in the Middle East.”


news/talk WWNC-AM, sports talk WPEK-AM “ESPN Asheville,” plus five music brands. She says, “I couldn’t be more thankful for the mentorship and support I’ve received throughout my career at iHeart, which has brought me to this exciting opportunity. Working alongside such talented colleagues in this beautiful, resilient mountain town is a true privilege. I look forward to continuing to grow with iHeartMedia and helping our amazing clients succeed with the best strategies in the business.”
AM in Louisville and 51 other stations around Kentucky. iHeartMedia Kentucky/Memphis area president Kristy Beebe states, “We are incredibly excited to extend our partnership with Matt Jones and ‘Kentucky Sports Radio.’ Matt’s unique insights and engaging style have made him a beloved figure in the sports community, and we are proud to continue bringing his show to our dedicated audience. This renewal underscores our commitment to delivering top-notch sports content and maintaining our position as the leading audio company in the region.”


Larkin leads Audacy’s portfolio of markets, revenue and content teams, overseeing the company’s extensive audio platform, which includes broadcasting, podcasting, digital, network, live events, music, sports and news. She is also a board member of the Radio Advertising Bureau and has served on the boards of the Florida Association of Broadcasters and Ronald McDonald House Charities.
Leadership Award honorees are: Chris Forgy, president & CEO, Saga Communications; David Kantor, former CEO of Urban One’s Radio Division; Curtis LeGeyt, president & CEO, NAB; Susan Larkin, COO, Audacy; Dennis Lyle, president & CEO, Illinois Broadcasters Association; and Valari Staab, chairman, NBC Universal Local. The 2025 Lowry Mays Excellence in Broadcasting Award honoree is Scott Herman, former COO, CBS Radio, and chair, Broadcasters Foundation of America. The2025 Chairman’s Award honoree is Richard Bodorff, senior counsel, Wiley Law. 
tournament watch party, Buckets & Bets will “provide college basketball enthusiasts with a front-row seat to all the men’s college basketball tournament action. Massive LED screens around the room will display every game from the tournament. Fans will have access to an open bar, on-site betting, bar games, insider commentary, and more special surprises.”

by a political appointee instead of a career agent. The role of the deputy director is to oversee the day-to-day operations of the bureau’s law enforcement. The Journal also reports that new FBI director Kash Patel had “offered Republican senators private assurances that he would name a special agent with bureau experience” in order to provide “operational expertise and experience.” The FBI Agents Association has made no public statement so far. Cumulus Media issued the following statement: “We extend our heartfelt congratulations to Dan Bongino on his decision to take on the role of deputy director of the FBI. Dan has entertained and informed tens of millions of listeners every day and we are grateful for our successful partnership. We look forward to welcoming Dan back in the future. We truly value our audience, advertisers, and affiliates and remain dedicated to bringing them the next exciting chapter for this programming soon. Dan’s last show will be Friday, March 14.”
that Griffin Fossella worked for him on his 2013 NYC mayoral campaign. Responding to the issue, Morano tells SILive, “We all have personal relationships in this race. I’m proud to have the support of the Staten Island Republican Party… and I look forward to debating my opponent on the issues impacting South Shore residents. John [Catsimatidis] is a good friend and has given me the opportunity of a lifetime to do a nationally syndicated radio show. I’ll always be grateful to him for every opportunity he’s given me.” Catsimatidis says of Morano, “He’s a good broadcaster and he always has a job at WABC.”
Radio is an intimate, one-to-one medium; so “you” and “your” – speaking to one person – will resonate more than addressing “all of you.” There’s only one of me.

a 52% increase with viewers and 58% increase in the 25-54 demo compared to Hannity’s 2025 average and saw a 129% increase with viewers compared to the same day last year. The FOX News exclusive secured nearly 70% of the cable news audience at 9:00 pm ET and was the highest-rated episode of “Hannity” in 2025 aside from Inauguration Day. According to YouTube analytics and Emplifi, FOX News drove 20.5 million video views across YouTube, TikTok, X, Instagram and Facebook.


Catsimatidis says, “With the addition of The StoneZONE, radio audiences will have Roger’s perspective on news of the day in real-time. Our world is moving quicker than ever before, and listeners want to hear Roger’s insider’s understanding of what’s really going on in politics.” Following each evening’s broadcast, a video version of that StoneZONE will soon be exclusively available on Stone’s StoneZONE Rumble channel. This new show is in addition to the syndicated Sunday “Roger Stone Show” that also airs on WABC.
KRTK, Hermann; KVMO, Vandalia; and KRTE, Steelville in Missouri. For information on carrying Todd’s show, email 
live match coverage, expert analysis, and exclusive club content for San Diego FC fans across the region. San Diego FC CEO Tom Penn comments, “We are thrilled to welcome iHeartMedia and Grupo PSN as our official radio broadcast partners. These partnerships will allow us to connect with fans in both English and Spanish, ensuring that every moment of San Diego FC’s journey is accessible to our passionate supporters.”