Industry News

Top News/Talk Media Stories for Week of July 3 – 7

The candidates for the Republican and Democratic nominations for the 2024 presidential race and the top campaign issues was the most-talked-about story in news/talk media this week, landing atop the Talkers TenTM. At #2 this week was the various legal battles facing former President Donald Trump, followed by the recent Supreme Court decisions and the federal judge ruling that government agencies cannot order social media platforms to pull content at #3. The Talkers TenTM is a weekly chart of the top stories and people discussed in news/talk media and is the result of ongoing research from TALKERS magazine. It is published every Friday at Talkers.com. See this week’s complete chart here.

Job Opportunity

Cumulus Media Seeks PD for Eugene, Oregon Talk Brands

Cumulus Media is looking for an experienced program director for two iconic brands — KUGN-AM/FM (news/talk and home of the Pac 12 Oregon Ducks) and KUJZ-FM (sports talk). The program director will be responsible for growing and operating these brands and must have a strong background and passion for sportsim programming and spoken-word radio. Energy, enthusiasm, and experience within the genre is a must. You will be responsible for all aspects of programming including managing on-air staff, imaging, station strategy, developing and executing revenue generating sales & programming promotions, website & social media, digital content and have a strong understanding of the core audience(s). Find out more about this position and apply here.

Industry News

Report: Townsquare Media Victim of Ransomware Attack

According to a story at cyberexpress.com, Townsquare Media has been hacked by the ransomware group ALPHV. The piece states, “The ALPHV ransomware group made their claim public, asserting that they haveim gained unauthorized access to a significant amount of data belonging to Townsquare Media. According to their statement, the threat actors allegedly possess a staggering 251GB of the company’s data. This includes files sourced from the company’s servers and workstations, explicitly targeting those created within the past year.” The story does not indicate how much money the hackers are asking for, but they are reportedly giving Townsquare a week to respond before making the data public. Read the story here.

Industry News

John Gilliland Returns to Skyview Networks

Skyview Networks announces that news anchor and award-winning journalist John Gilliland is returning toim the company to serve as managing editor for Arizona News Radio and California Headline News, as well as afternoon anchor for California Headline News. Gilliland served in the position for almost 13 years before leaving to work for the Arizona Lottery. Gilliland takes over for the late Steve Clawson, who passed earlier this year.

Industry News

KHTK, Sacramento Unveils New Midday Show

Bonneville’s KHTK, Sacramento “Sactown Sports” announced the new midday show starring Kevin “Whitey” Gleason and Chris Watkins. The 10:00 am to 2:00 pm “Whitey & Watkins” program debuts on Monday (7/10). Bonneville Sacramento SVP and market manager Steve Cottimgrim says, “We are very excited to welcomeim Whitey Gleason back to Sactown Sports. The credibility that Whitey has with the sports audience in Northern California coupled with Chris’ passion and knowledge of the Sacramento Kings will certainly make this show a perfect fit for our ever-expanding ‘Sactown Sports’ brand.” Gleason most recently served with Audacy’s KGMZ-FM, San Francisco “95.7 The Game,” and prior to that he was part of the “Rise Guys” show on KHTK. Watkins has been with “Sactown Sports” for nine years, most recently as the host of “Chris & Co” and co-host of the “Return of the Roar” podcast.

Industry News

O’Shaughnessy Family Selling New Rochelle Station for $8.15 Million

Several publications, including trade RBR/TVBR, are reporting that the family of the late William O’Shaughnessy is selling WVIP-FM, New Rochelle, New York, owned by O’Shaughnessy’s Hudson-imWestchester Radio, Inc to religious broadcaster Hope Media Group for $8.15 million. WVIP-FM has been airing programming brokered to Caribbean broadcasters. The O’Shaughnessy family still owns the company’s other station – news/talk WVOX-AM. O’Shaughnessy died in May of 2022 at the age of 84.

Industry News

Broadcasters Foundation to Hold Media Mixer This Month

The Broadcasters Foundation of America launches a series of networking Media Mixers, with the first one scheduled for July 20 at the New York City studios of iHeartMedia. The event will be hosted by nationally syndicated radio air personality Angela Yee, who will be joined by other radio and TV on-air talent. BFoA says, “The purpose of the Media Mixers is twofold: to give up-and-coming professionals in broadcasting anim opportunity to mix and mingle not only with their peers, but with talent, managers, and executives; and to increase their awareness of the Broadcasters Foundation charitable mission.” BFoA president Tim McCarthy adds, “We’re very excited about this new initiative. It’s imperative that we reach the next generation of broadcast industry leaders with our message of help and hope, while giving them an opportunity to network with higher level professionals who they may not otherwise have an opportunity to meet.” The two-hour event is free, but space is limited, and advance registration is required. Register here.

Industry News

KWAM, Memphis Host Featured on C-SPAN Show

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Pictured above is KWAM, Memphis morning program host Ben Deeter appearing on C-SPAN’s “Washington Journal” program on July 4. KWAM is owned by nationally syndicated radio host Todd Starnes. On the program Deeter discussed how KWAM is carving a path to cover both Democratic and Republican candidates during the upcoming election cycle.

Industry News

CORRECTION: New Jersey 101.5 to Continue Talk at Night

Yesterday (7/5), in our story about the staffing cuts at Townsquare Media’s WKXW-FM, Trenton “New Jersey 101.5,” TALKERS magazine reported that Eric Potts is replacing Steve Trevelise in evenings and would play music. Station PD Anne Gress tells TALKERS the evening show will remain live and dedicated to talk (Monday through Thursday as Friday nights belong to Big Joe Henry). Gress adds the evening show will feature various hosts including Eric Potts, Michele Pilenza, and Jeff Edelstein plus some new voices to cover the night daypart for the time being.

Industry News

Yesterday’s (7/5) Top News/Talk Media Stories

The 2024 presidential race; former President Donald Trump’s legal battles; the Hunter Biden plea deal; Treasury Secretary Janet Yellen’s trip to China; cocaine is found in the White House; the Russia-Ukraine war and the status of Yevgeny Prigozhin’s Wagner Group; the holiday weekend’s gun violence; the global heat record and climate change; and Meta launches Twitter competitor Threads were some of the most-talked-about stories in news/talk media yesterday, according to ongoing research from TALKERS magazine.

Industry Views

Pending Business: You’re Halfway Home

By Steve Lapa
Lapcom Communications Corp
President

imCongratulations! You’ve made to the halfway point this year.

Stand by to prepare for the second half of the year like you never have before. This upcoming second half could be so confusing even WAZE may not get you home.

The economy is sending so many mixed signals it is almost impossible to distinguish flashing warning signs from healthy growth curves. From home sales to new car sales, prices are holding as mortgage rates are at a 15-year high and new car prices redefine sticker shock.

Hiring in many categories was robust over the last few months, signaling a better economy ahead. Here comes the tricky part. For most in the news/talk sales world, the next quarter isn’t exactly on fire and as usual precious few sellers and managers are working on Q4 as they wrestle with the headwinds they now face.

Sorry to report there is no fast fix or instant solution. But let’s at least try to review some basic game planning:

— Are you still spraying and praying, or have you zeroed in on growth targets? Every survey says, “revenge travel” and dining out are big factors in local economies this year. What’s on your target list?

— Open your eyes. What’s hot and what’s not? Here in Florida, there are two Peloton stores in two major malls as well as a full display in our local Dick’s Sporting goods. All three venues are forever uncrowded – as in empty. Yet have you checked out the price of bicycles, golf clubs, or leisure wear? The consumer is spending, but not where you may think.

— Back to the basics. Medical, dental and general wellness should always be on your radar as most of us are ready to invest in health and happiness. Does the category profile show on your target list?

— Unpredictable economies require smarter financial and legal plans. Are your listeners ready for a financial check-up? Laws change and staying current with tax and estate laws is always a challenge. The news/talk audience always over-indexes on financial qualitative.

— How is your competitive periscope? Are you aware of any new media competition that may be carving into budgets? Have you come to terms with the growth in local digital marketing or is your head still in the sand?

The second half of this year is up to you. Make it or break it, it’s your call.

Steve Lapa is the president of Lapcom Communications Corp. based in Palm Beach Gardens, FL. Lapcom is a media sales, marketing, and development consultancy. Contact Steve Lapa via email at: Steve@Lapcomventures.com.

Industry News

Townsquare Media Cuts Three at “New Jersey 101.5”

Townsquare Media cuts three positions at news/talk WKXW-FM, Trenton “New Jersey 101.5.” The company lets night talk personality Steve Trevelise go, along with news staffers David Matthau and Vin Ebenau. Station program director Anne Gress tells TALKERS magazine that the evening show will remain live andim dedicated to talk (Monday through Thursday as Friday nights belong to Big Joe Henry). Gress adds the evening show will feature various hosts including Eric Potts, Michele Pilenza, and Jeff Edelstein plus some new voices to cover the night daypart for the time being.

 

Industry News

Bonneville Names Ruth Todd EVP and Chief Content Officer

Bonneville International names veteran journalist Ruth Todd its new executive vice president and chief content officer. Bonneville president and COO Tanya Vea states, “I am thrilled to welcome Ruth back to Bonneville. Ruth’s exceptional talent and experience make her the ideal leader to guide our content strategyim into the future. Her expertise will be instrumental in leading our continued success and delivering high-quality content across our platforms.” Most recently, Todd has been serving as chief reputation officer and SVP of global public affairs at a beauty and wellness company. During her career, she’s spent 25 years as a television news anchor and reporter working in Washington, Phoenix, and Salt Lake City, including 10 years at KSL-TV where she was a top-rated late news anchor. Todd comments, “Bonneville is a company known for being a trusted source through its commitment to excellence and delivering content that matters. I look forward to returning home and working alongside the talented team to create meaningful experiences and engage audiences across multiple platforms. Together, we will continue to build on the strong foundation and innovate in the ever-evolving media landscape.”

Industry News

Disney Takes Budget Axe to ESPN

Heading into the Fourth of July holiday weekend, Disney made approximately 20 cuts to ESPN’s on-air staff, laying off Keyshawn Johnson and Max Kellerman from the recently cancelled ESPN Radio morning driveim show, as well as NBA analyst Jeff Van Gundy, ESPN television personality Suzy Kolber, and others.  These layoffs come as little surprise as Disney had announced earlier this year that it would be eliminating some 7,000 positions across the entire company.

Industry News

Gemini XIII Acquires United Stations Radio Networks

Gemini XIII announces it is acquiring United Stations Radio Networks. Gemini XIII says, “The acquisition strengthens Gemini XIII’s position in the audio landscape, expands its sales offerings, and solidifies its commitment to delivering top-notch content and premium services to audiences worldwide.” Gemini COOim Charles Steinhauer says, “We’re excited to welcome USRN into the Gemini XIII ecosystem. We will be able to build on current successes and existing sales infrastructure to immediately grow and make Gemini a destination for producers, advertisers and sponsors looking to deliver to unique audiences. The integration of Gemini XIII’s digital expertise and podcasting prowess will result in a robust content ecosystem that provides an immersive and diverse range of audio experiences for listeners across platforms.” USRN chairman and CEO Nick Verbitsky comments, “Spencer Brown, CEO of Gemini XIII, and Charles Steinhauer have a track record of success in network radio having built Dial Global from the ground up. I am pleased that they will have the opportunity to continue to build United Stations, a company I started along with Dick Clark over thirty years ago and has been a leader in network radio.”

Industry News

Skyview Networks and ABC Audio Agree to Separate

Skyview Networks says that it and ABC Audio have decided to “conclude their business relationship” beginning in 2024. Skyview says in a statement, “ABC Audio and Skyview Networks are committed to working together to ensure a smooth transition, and Skyview will continue meeting the needs of the industry and its full-scale multi-partner relationships. Skyview Networks will continue representing ABC Audio network sales while also providing distribution service through 2023. We wish ABC Audio continued success in the years ahead.”

Industry News

SRN’s Dennis Prager Addresses Moms For Liberty

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Pictured above Salem Radio Network nationally syndicated talk host Dennis Prager addressing the annual summit of “Moms For Liberty,” a conservative group advocating parental rights, education reform, and other political/social issues. Also attending the event were 2024 presidential candidates former President Donald Trump, Florida Governor Ron DeSantis, and former U.N. Ambassador Nikki Haley.

Industry News

Legendary Chicago Personality Dick Biondi Dies at 90

Radio Hall of Famer Dick Biondi passed away on June 26 at the age of 90. The Rock and Roll Hall of Fameim inductee worked most of his career in Chicago, spinning the hits at stations including WLS, WCFL, WMAQ, WBBM and WJMK. A private family interment has been held.

Industry News

Top News/Talk Media Stories Over the Holiday Weekend

The Fourth of July holiday and the deadly shootings in Washington, DC, Philadelphia, Fort Worth, Indianapolis and Baltimore; the 2024 presidential race; a federal judge issues and order for federal agencies to not order social media to take down posts protected by First Amendment rights; Israel’s military operation in the West Bank town of Jenin and the Hamas attack in Tel Aviv; and the scorching heatwave affecting the Southern U.S. were some of the most-talked-about stories in news/talk media over the long holiday weekend, according to ongoing research from TALKERS magazine.

Industry News

Audacy Announces 1-for-30 Reverse Stock Split

Audacy announces that it is effecting a 1-for-30 reverse stock split of its Class A and Class B common stock today (6/30). Audacy’s Class A common stock will begin trading on a split-adjusted basis at the opening of the market today, under a new CUSIP number, 05070N 202. At the annual meeting of shareholders held on May 24, Audacy’s shareholders approved a reverse stock split of the company’s outstanding Class A and Class B common stock at a ratio within a range between 1-for-two and 1-for-30, as determined by a committeeim appointed by the company’s board of directors. This committee established the ratio on June 5. The 1-for-30 reverse stock split reduced the number of outstanding shares of the company’s Class A common stock from approximately 137.5 million shares (excluding unvested restricted stock) to approximately 4.6 million shares (excluding unvested restricted stock) and reduced the number of outstanding shares of the company’s Class B common stock from approximately 4.0 million shares to approximately 135 thousand shares. Proportional adjustments were made to the number of shares of Audacy’s Class A common stock subject to outstanding equity awards, as well as to the applicable exercise prices. Trading of Audacy’s Class A common stock was halted on May 5 on the New York Stock Exchange after the share price fell about 12% to $0.09 per share. The NYSE is moving to delist the stock but Audacy is currently appealing that determination.

Industry News

Alpha Launches Conservative Spanish Talker in Bakersfield

Alpha Media Bakersfield debuts the new Spanish-language conservative talk station as it flips KNZR-AM and rebrands it “KNZR Verdad 1560.” The move comes as Alpha partners with the Americano Media network. Alpha Media Bakersfield market manager Jeremy Price comments, “We’re proud to introduce Spanish radio to our Bakersfield portfolio for the first time ever and empower the voice of so many of our neighbors in thisim community. With the launch of this station, we aim to not only serve our listeners but give them a reliable home for the news they seek and the information they rely on every day.” Americano Media’s talent includes award-winning journalists Lucia Navarro and Carines Moncada, as well as popular radio hosts Dania Alexandrino and Lourdes Ubieta. Americano Media produces 18 hours of original programming each weekday from 6:00 am to 12:00 midnight ET. American Media chief executive Ivan Garcia-Hidalgo says, “This collaboration with Alpha Media is a natural fit for Americano. We take pride in delivering the finest Hispanic news/talk programming in Spanish, and we are happy to bring that programming to the large Hispanic audience in Bakersfield.”

Industry News

Nationally Syndicated Michael Berry of KTRH, Houston is This Week’s Guest on Harrison Podcast

Talk radio superstar of iHeartMedia’s KTRH, Houston and independent national syndication, Michael Berry is this week’s guest on the award-winning PodcastOne series, “The Michael Harrison Interview.” Berry – heard daily locally 8:00 am to 11:00 am CT on KTRH and afternoons 5:00 pm to 7:00 pm CT on his independently syndicated show – is ranked a lofty #7 on the new TALKERS Heavy Hundred list of the 100 Most Important Radio Talk Show Hosts in America. Michael Harrison describes Berry as “one of the most original and compelling conservative voices on the air and industrious players in the business. He’s an incredibly interesting person.” He began his talk radio career in 2005 while still Mayor Pro Tem of the City of Houston. Berry has earned two law degrees. He has a background in real estate and politics in addition to law. He’s married to the former Secretary of State of Texas, who is from India (and also a lawyer). They are parents of two adopted teenage sons from Ethiopia. His dad was a maintenance worker for a chemical plant, which he says gives him an insight into a broad demographic of listeners. Berry’s programs tackle much more than politics, covering a lot of lifestyle issues including health and wellness both physical and mental, adoption, parenting, and small business advice. On this podcast, Harrison and Berry discuss a variety of topics ranging from Donald Trump and the state of GOP politics to the role of integrity in media, and multi-platform broadcasting. Don’t miss this. Listen to the podcast here.

Uncategorized

The Elvis Duran Podcast Network Debuts

iHeartMedia and Elvis Duran partner to create the Elvis Duran Podcast Network to be distributed by iHeartPodcasts. The agreement includes a slate of original entertainment podcasts that will be co-produced byim Duran and iHeartPodcasts including a new, original progam called, “Thinking Out Loud with Elvis Duran.” The first episode features a conversation with singer-songwriter Kesha. Additionally, the network will be home to the replay podcast of “Elvis Duran and the Morning Show.” Duran says, “We’re excited to launch this network and connect with even more listeners and fans. I’m confident the audience will love the variety of personalities, including Tommy DiDario and Medha Gandhi, and the entertaining programs that we’ll be presenting. I’m also looking forward to sitting down with a wide range of people on my new podcast and taking a deep dive in whichever direction they choose – something I’m not always able to do on my radio show. It’s going to be a fun adventure together!”

Industry News

iHeartMedia Chicago’s “Brilliantly Black Business Awards” Begins

The iHeartMedia Chicago station group that includes WMFN-AM “Black Information Network” and six music brands announces launch of the annual “Brilliantly Black Business Awards” presented by Wintrust Financial Corporation in partnership with the Chicago Urban League. Local businesses and listeners will have theim opportunity to nominate and vote for their favorite Black-owned business in Chicagoland and Northwest Indiana. A total of 10 winners will be selected to receive $100,000 of in-kind media on iHeartMedia Chicago radio stations and a small business development cohort from the Chicago Urban League. The categories include restaurants; beauty salons; churches; fashion; medical professionals; day care centers; nightlife; fitness trainers/gyms; financial/insurance; and realtors/brokers. iHeartMedia Chicago president Matt Scarano states, “I have a personal commitment along with iHeartMedia Chicago to support Black-owned businesses in Chicagoland. We are providing a tremendous marketing and advertising opportunity for Black-owned businesses to access our station brands with the ‘Brilliantly Black’ Business Awards. We are thrilled to partner with the Chicago Urban League as we continuously work together to support Black-owned businesses in Chicagoland.”

Industry News

Top News/Talk Media Stories for Week of June 26 – 30

The Hunter Biden plea deal and allegations of Justice Department interference in the IRS investigation came together as the most-talked-about story in news/talk media this week, landing atop the Talkers TenTM. At #2 this week was the Supreme Court’s rulings, including shooting down the independent legislature theory, followed by the 2024 presidential election at #3. The Talkers TenTM is a weekly chart of the top stories and people discussed in news/talk media during the week and is the result of ongoing research from TALKERS magazine. It is published every Friday at Talkers.com. See this week’s complete chart here.

Industry News

Jeff Katz and WRVA, Richmond Ink New Deal

Richmond talk radio personality Jeff Katz signs a new contract with Audacy to continue his role as afternoon drive host on news/talk WRVA. Katz, who has been hosting a program on WRVA for the past 10 years, says,im “During the past decade, I’ve absolutely fallen in love with the people of Central Virginia. This community has been so welcoming to my family and I cherish having the chance to help out a bit by serving as an advocate for special needs kids, saluting our law enforcement officers, and sharing vital news and information.” Audacy Virginia SVP and market manager Bennett Zier comments, “Jeff is a great citizen of Virginia and continues to be an important part of the WRVA family.”

Industry News

Orbyt Media Brings “Coast to Coast AM” Back to Canada

Premiere Networks’ U.S. syndicated overnight show “Coast to Coast AM,” hosted by George Noory, is returning to Canadian radio after a three-year hiatus through a deal with syndicator Orbyt Media. The programim is currently heard on Bell Media’s CKLW, Windsor, Ontario. Noory comments, “It’s great to be back on CKLW – The Big 8. What’s even cooler is that this was the first radio station I applied to work at when I was 21 years old living in Detroit. I’m looking forward to working with the team at Orbyt Media to expand ‘Coast to Coast AM’ across Canada!”

Industry News

JVC Broadcasting to Launch Spanish News/Talk Outlet on Long Island

Last week, JVC Broadcasting closed on its acquisition of WLIM, Medford, New York and its FM translator W227CL at 93.3, licensed to Port Jefferson, New York and revealed that it would flip the station from its classic hits format. Now, JVC says that it will debut a Spanish-language news/talk outlet on the signals. JVC CEO John Caracciolo says, “We have a very successful Spanish music station with ‘LaFiesta’ [WBON-FM] run by Ana Maria Carbalo. For over 13 years ‘LaFiesta’ has been a community beacon of information, news,im networking and mostly music. As the Latino community grows in Suffolk County, we found that they have no full-time news and information source, no outlet for them to express their thoughts or hear the talk radio that they want. We knew that we needed a sister station to ‘LaFiesta’ that was dedicated to the community and was their ‘LI News Radio’ or WINS. Ana developed the concept of live, local, community talk radio for this demo and named it ‘En Vivo’ — or ‘Live,’ now all I had to do was find an outlet for this amazing concept she developed. When WLIM 1440 and 93.3 became available we knew we had to make the move and bring them into the JVC cluster.” Carbalo adds, “Long Island ‘En Vivo’ knows today’s decisions affect our community tomorrow and the best tool to drive us to a better future is information. News, politics, finance, sports, entertainment, health & lifestyle – we cover it all. Long Island has a huge Hispanic population that continues to be underserved. That was made abundantly clear during the pandemic. Long Island needed information in Spanish… So now we have a dedicated source that will not only deliver relevant information about what happens in our area but also educates and creates opportunities for the Hispanic population to prosper by providing the tools and resources they need.”

Industry News

Gray Radio Launches FOX Sports 94.7 FM in Augusta, Georgia

Gray Radio, LLC partners with FOX Sports Radio to bring the network’s programming to its new sports station WAAW-FM, Augusta “FOX Sports 94.7 FM,” effective July 3.  The station will carry the entire FOX Sports Radioim lineup including “Two Pros and a Cup of Joe with LaVar Arrington, Brady Quinn & Jonas Knox,” “The Dan Patrick Show,” “The Herd with Colin Cowherd,” and more. Gray president Tony Gray says, “WAAW is extremely excited to bring FOX Sports to local Augusta sports fans. We’re confident that the home of the Masters Tournament will embrace the station’s new format.”

Industry News

Yesterday’s (6/28) Top News/Talk Media Stories

The Hunter Biden plea deal and his legal battles with the owner of the computer repair shop that worked on his laptops; the 2024 presidential race and concerns about President Joe Biden’s health; the legal battles facing former President Donald Trump; the thick smoke from Canadian wildfires blanketing almost one-third of the U.S.; the recovery of wreckage from the doomed Titan submersible; Vladimir Putin’s grasp on power in the aftermath of the Wagner Group insurrection and the ongoing Russia-Ukraine war; and the brutal heatwave hitting the Southern U.S. were some of the most-talked-about stories in news/talk media yesterday, according to ongoing research from TALKERS magazine.

Industry News

TALKERS 2023: Video Posted of “The State of Sports Talk Radio” Panel

During the coming days, videos of all of TALKERS 2023’s numerous sessions conducted June 2 at Hofstra University will be posted, continuing today (6/28) with the panel presentation, “The State of Sports Talk Radio.”im The presentation, sponsored by Backbone Networks, was introduced by John Fredericks, host/owner of the John Fredericks Radio Network (pictured above) and facilitated by WRHU-FM/WRHU.org, Hofstra University, GM, John T. Mullen (pictured at right). The panelists (pictured below left to right) included Mark Chernoff, sports reporter, “107.1 The Boss,” Long Branch, NJ/sports talent coach; Grace Blazer, VP, national NTS brand coordinator, director of news and AM programming Florida region, iHeart Radio; and Spike Eskin, VP programming, WFAN, New York and CBS Sports Radio. See the video here.

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Industry News

BIA Advisory: U.S. Local Ad Revenue Estimate Lowered

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Due to “a mixed start in the economy this year and the tempered growth in digital advertising,” BIA Advisory Services is lowering its estimated U.S. local advertising revenue for 2023 to $161.7 billion – down from its original estimate of $165.7 billion. The company says that after looking at the first six months of the year, it decided the reduction was necessary. Vice president of forecasting and analysis Nicole Ovadia says, “After years of double-digit growth, we are seeing some headwinds that will have a significant impact on digital local advertising.” BIA is now expecting digital media revenue for 2023 to be $78 billion (down from its earlier estimate of $81 billion). Radio digital revenue – ex political – is expected to rise by 4.1% over 2022. “When examining the top spending sub-verticals, BIA advises that later in the year, growth is expected in Auto, and the company is raising expectations for Tier 3 – New Car Dealers, and Automotive Repair Services. Other important verticals for local advertising where BIA is raising expectations include Savings/Credit Institutions and Other Loan Services, Plumbers and HVAC, and Realtors.”