Industry News

iHeartMedia Reports Q4 2024 Revenue Up 4.8%; Full Year Revenue Rises 3%

During the fourth quarter of 2024, iHeartMedia brought in $1.1 billion, an increase of 4.8% over the same period in 2023. For the full year of 2024, revenue was $3.85 billion, an increase of 3% over the full year of 2023. The company breaks down its operating results by division and Multiplatform Group (which includesimg radio stations) Q4 2024 revenue was $684 million, flat compared to Q4 of 2023. The company’s Digital Audio Group Q4 2024 revenue was $339 million, an increase of 7%. Withing the Digital Audio Group, podcast revenue was $140 million, an increase of 6%. For the fourth quarter of 2024, the company reports net income of $31.9 imgmillion. For the full year of 2024, it reports a net loss of $1 billion. iHeartMedia chairman and CEO Bob Pittman states, “Our fourth quarter Adjusted EBITDA of $246 million was up 18.2% vs. prior year, our highest percentage increase in almost three years, and our consolidated revenues were up 4.8% compared to the prior year, demonstrating the inherent operating leverage in this business. We are pleased that we successfully completed the comprehensive exchange transaction discussed last quarter – extending the majority of our debt maturities by three years; keeping our consolidated annual cash interest expense essentially flat; and providing overall debt reduction. This provides the company with the flexibility to remain focused on creating shareholder value in 2025 and beyond.”

Industry News

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-cashimg 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 imgmargin 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.”

Industry News

RTDNA Critical of Trump Press Pool Strategy

The Radio Television Digital News Association is strongly condemning President Donald Trump’s edict that he and not the White House Correspondents Association, will be selecting members of the official White House press pool. RTDNA president and CEO Dan Shelley states, “No president, or any public official,img 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.”

Industry News

“New Jersey 101.5” Presents Town Hall on Terror Threats

Tomorrow evening (2/27), Townsquare Media’s WKXW-FM, Trenton “New Jersey 101.5” presents a special Town Hall broadcast titled, “Today’s Terrorism Threats.” The Town Hall-style discussion explores the domestic and foreign terrorist threats facing New Jersey. Station political director Eric Scott leads theimg discussion that will include experts educating New Jersey residents about how to identify threats and what to do when one’s personal safety is in jeopardy. The program will also expose the growing threat posed to children who are increasingly being groomed and recruited by extremists online. He says, “Law enforcement is increasingly concerned about both foreign and domestic threats. But the rate at which extremists are targeting our children is particularly alarming.” On-air guests will include: Carl Priddy, acting assistant special agent in charge of counterterrorism for the Newark FBI office; Laurie R. Doran, director of the New Jersey Office of Homeland Security and Preparedness; Adam McMahon, assistant professor of political science at Rider University; and John Pizzuro, CEO of Raven and former commander of the New Jersey State Police Internet Crimes Against Children Task Force.

Industry News

2025 Black Effect Podcast Festival Set for April 26 in Atlanta

iHeartMedia and Charlamagne Tha God announce that the Black Effect Podcast Festival will take place on Saturday, April 26 from 12:00 noon to 8:00 pm at Pullman Yards in Atlanta. Charlamagne Tha God will join the festival alongside some of the Black Effect’s most popular personalities for a day full of live podcastimg 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.”

Features

New York Radio Team Finds a Home in Cape Town

By Dr. Andrew Gladding, EdD
Chief Engineer
WMCA / WNYM, New York

 

The power of broadcast radio stems from its genesis, which is the use of audio technology and storytelling to transmit messages to large audiences. As industry professionals, we are all acquainted with the power and reach that our trade provides. However, all stories must begin with the spark of an idea. In the case of the curious collaboration between a college radio station in New York and a community radio station in South Africa, this idea started with a simple conversation.

The relationship between 88.7FM WRHU Radio Hofstra University and 89.5FM Bush Radio in Cape Town South Africa began purely as a matter of proximity. In the winter of 2018, I happened upon Bush Radio while in South Africa while on a family vacation. Meeting the passionate broadcasters at Bush Radio has resulted in a fruitful broadcast collaboration spanning six years and many exchanges of audio, information and support between our two broadcast organizations. Students at WRHU in New York, WRCT in Pittsburg and members of Bush Radio  co-produce a weekly show called “The 1World Community Radio Show,” which features interviews and music from around the world. WRHU’s Ricky Hubert, WRCT’s Cody Hmelar and Bush Radio host Lydia Marwanqana connect weekly to create a truly unique program that provides a world stage for young, aspiring talent. The show has become a centerpiece of programming for both stations and an example of how stations across the globe can work together to create engaging, community focused audio content. It has also allowed staff members from both stations to develop insight into each other’s cultures and communities.

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Pictured above (from l-r) are: Sturgeon Records President David Chapman, Salem NY Chief Engineer Andy Gladding, Bush Radio engineer Renato Van Schalkwyk, WRHU general manager John Mullen, Bush Radio managing director Brenda Leonard, Bush Radio host Jasnine Roberts, WCWP general manager Dan Cox and WKZE “Night Shade” host Paul Higgins at the Bush Radio Studios in Salt River, Cape Town.

In the fall of 2024, members of Bush Radio came to New York City and Washington DC  to cover the presidential elections. The purpose of the trip was to find new ways to combat journalistic misinformation. The visit exposed Bush Radio staff members to American journalistic values, broadcast operational practices provided the international broadcasters with an up-front look at the US democratic process in action.

In February of this year, In the spirit of maintaining and strengthening our broadcast partnership, five members of New York radio and audio media , including myself, traveled to Cape Town to see how the Bush Radio folks used their FM reach and power to serve their community. The goals of this part of the exchange were to deepen our understanding of South African media, operations, practices and workplace culture. We went into this journey with our minds and hearts wide open, ready to see how the craft that we know and love was practiced on the other side the world.

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Pictured above is Andy Gladding working with Bush Radio engineer Renato Van Schalkwyk to install Comrex hardware in the Bush Radio Air Studio.

The results of this visit were eye opening. During our visit to Cape Town, we observed several similarities between our stations in New York and our South African counterparts. The Bush Radio staff was extremely dedicated to their station and took great pride in serving their community. They used their centrally located studies as both a broadcast center and training facility, with a thriving mentorship and intern program. We also noticed that they followed almost identical practices and standards as we do in the USA, ranging from technical specifications for broadcast engineering to maintaining programmatical integrity. Even the energy and excitement among the staff in the studios and reporting from the field was comparable to any well-run US broadcast entity. This is mainly due to the fact that the folks who run Bush Radio, specifically Managing Director Brenda Leonard and Program Director Adrian Louw, execute a comprehensive and extensive training and operational workflow at the station. Bush Radio holds the proud distinction of being the first licensed community radio station in South Africa, which was achieved with great effort and sacrifice during a time when the practice of community radio was non-existent in the country. Therefore, the management is very observant and powerful of the weight that they carry and this respect is passed along to the station members.

We also noticed some stark differences. Due to the relatively young nature of the South African democracy, there appeared to be a deeper connection between station and community. Bush Radio is involved in many different aspects of Cape Town governance, culture and outreach and this is reflected in their on-air product and station ethos. We also observed that many members of the general public were familiar with the station and proudly considered themselves to be regular listeners and supporters. The station was closely intertwined within the fabric of the community, which is both wide and diverse.

We also noticed that there was an intrinsic willingness between Bush and other community stations to work together. During our visit, we had the opportunity to visit a number of stations in communities around the Western Cape region, including Zibonele FM and The Voice of the Cape. We heard the term “partnership” and “sister station” during our visit many times, which demonstrated a visible willingness between teams at different organizations to work together and collaborate. I personally believe that this positive attitude for partnership and outreach has been a driving force in the successful collaboration WRHU has enjoyed with Bush Radio.

During our visit, the New York contingent felt this energy and openness, which in turn motivated us to jump into the spirit of the occasion. I personally worked with the Bush station engineering team on some facility maintenance and technical improvements, while other members of the crew lent their wisdom and knowledge to the venture. Laura Schaffer, the General Manager of Salem Media of New York had sent us down with a “broadcasters care package,” comprised of surplus equipment and spare parts from New York. The staff at Bush Radio was happy to receive the gear and began using it almost immediately.

The exchange of knowledge was not limited to technical engineering. WRHU’s John Mullen and Dan Cox ran a workshop on sales, marketing and workflow, while Sturgeon Records owner and engineer Dave Chapman taught the station members multi-track production. WKZE’s Paul Higgins, a world music producer, worked with the station’s air staff on interviewing techniques and even conducted an interview with famed producer Steve Lillywhite on 89.5FM, which was re-broadcast to the USA live. The experience of giving and sharing knowledge was both exciting and rewarding.

However, what we received in return was even more fulfilling. Even though we were strangers from another part of the world, we felt strangely at home at 89.5FM. The folks at Bush Radio were excited to show us their station, city and culture and made sure that we enjoyed a completely immersive experience. We saw all sides of the area, from the sparkling beaches and stunning views of the harbor from the top of Table Mountain to areas that were struggling and people that were fighting to survive. Throughout all of our travels, we noticed one constant: Radio was an integral part of all of the communities that we visited. Part of this can be attributed to a lack of broadband access across the region, but I personally believe a larger factor was based around the spirit of the South African people trusting in and embracing their local radio stations.

Considering this current period of uncertainty and transition in the US, it was refreshing to experience radio being used as a force for community connectivity, outreach and positivity in a far-away part of the world. Our team returned from the trip, refreshed with new ideas on how we could use our experience to grow and improve our own stations. One of these action items has gone into effect almost immediately. Since our return, the 1World Community Show has grown into an open-source network, which includes new domestic and international partners. Stations on the network now include WRCT-Pittsburgh, WCWP-LIU Post, WKZE-Red Hook, KCSS-UC Stanislaus, WVCR-Siena College and Kinvara Community Radio in Ireland, in addition to WRHU and Bush, all eager to share audio content and ideas. I personally hope to see the connection between all of our stations, along with this beautiful collaborative relationship, grow larger and endure way into the future. As one Bush Radio station member told me, “the color of our skin may be different, we may pray to other gods and we are from separate countries and cultures. However, our love for radio is above all that, which makes us all the same.”  Considering the diversity of storytelling that we each do with the power of broadcasting, it’s nice to know that our passion for the craft and industry can unite us and break down barriers. I look forward to our next adventure with the Bush Radio staff. If anyone reading this would like to get involved in radio outreach and establish a similar program or help expand technical support for our new “sister stations,” please feel free to reach out. Your contributions will not be unappreciated. You can find out more about the 1World Community Radio Network at www.1worldcommunityradio.com

Dr. Andrew Gladding his chief engineer at Salem Media Group’s WMCA and WNYM in New York. He can be emailed at andrew.gladding@salemcommunications.com

Industry News

iHeartMedia and Qatar Partner for Regional Podcasting Hub

iHeartMedia announces a multi-year partnership with the Government Communications Office of the State of Qatar to create a thriving podcasting industry in the Middle East and North Africa. iHeartMedia says, “The partnership brings world-class podcasting infrastructure to Qatar and will spark a wave of creative storytelling across the MENA region, leading to the region becoming a global podcasting hub.” iHeartMedia will developimg 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.”

Industry News

Rickard and Boyd Join Bowen on “The Fan Morning Show”

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Indianapolis sports talk WFNI-AM/WIBC-HD2/W228CX/W298BB “93.5 & 107.5 The Fan” announces the addition of Jeff Rickard and James Boyd to the morning show with incumbent Kevin Bowen. The Urban One station says, “Kevin Bowen, a staple of Indy sports radio and a trusted voice on ‘The Fan,’ continues his role as your morning companion. Known for his deep roots in Indianapolis and unmatched Colts coverage, Kevin brings day-to-day expertise and the local sports passion fans love. Joining him is Jeff Rickard, an experienced and nationally respected sports media veteran who has called Indianapolis home for over a decade. Twice honored as Sports Illustrated’s National Sports Radio Host of the Year, Jeff delivers a wealth of knowledge, versatility, and charisma that guarantees compelling, high-energy discussions. Adding a fresh perspective is James Boyd, a dynamic Colts reporter for The Athletic with a sharp eye for analysis and storytelling. Alongside his insights on the Colts, James also occasionally writes on the Pacers and Fever.”

Industry News

Matt Jones Inks New Deal with iHeartMedia Kentucky

Air personality Matt Jones and iHeartMedia sign an exclusive five-year agreement for Jones to continue his current role as host of “Kentucky Sports Radio” on NewsRadio 630 WLAP-AM in Lexington, SportsTalk 790img 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.”

Industry News

SRN’s Gallagher and Tradup at NRB Conference

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Pictured above at the Gaylord Texan in Grapevine, Texas attending the National Religious Broadcasters’ International Christian Media Convention are Salem Radio Network talk host Mike Gallagher (left), Colorado Christian University president (and former Salem Sacramento talk host) Eric Hogue (center), and SRN VP/news and talk programming Tom Tradup (right). Some 5,000 attendees are expected at the four-day convention.

Industry News

Dan Bongino Chosen as Deputy FBI Director

President Donald Trump announces that Cumulus Media | Westwood One nationally syndicated talk host Dan Bongino will become the deputy director of the FBI. Prior to his career as a talk media personality, Bongino served as a police officer in New York City and as a Secret Service agent. The Wall Street Journal notes that Bongino becoming the deputy director is the first instance in 117 years that the post will be filledimg 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.”

Industry News

FOX News: Hannity’s Trump and Musk Interview Grabs 5.4 Million Viewers

FOX News reports that Sean Hannity’s interview with President Donald Trump and Elon Musk “dominated television” on Tuesday night with 5.4 million viewers and 733,000 in the 25-54 demo. The interview deliveredimg 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.

Industry Views

Decorated Navy Seal Robert J. O’ Neill is this Week’s Guest on Harrison Video

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The highly decorated Navy Seal who fired the shots that killed Osama bin Laden in 2011, Robert J. O’Neill, is this week’s guest on the TALKERS MEDIA YouTube channel video, “Up Close Far Out with Michael Harrison.” He is one of the most highly decorated combat veterans of our time having served at SEAL Team Two, SEAL Team Four and eight years at the legendary SEAL Team Six. Taking part in and leading over 400 combat missions, O’Neill operated in the Balkans, Liberia, Persian Gulf, Indian Ocean, Ukraine, Iraq, Afghanistan, and Pakistan. During his remarkable career, Robert J. O’Neill has been decorated 53 times with medals and honors earned in heroic combat. Harrison and O’Neill engage in an intense conversation about morality, stress, drugs, fear, and the permanent consequences of battle incurred at the most demanding of levels. O’Neill is also the author of the New York Times and London Times bestselling memoir The Operator: Firing the Shots that Killed Osama bin Laden and My Years as a SEAL Team Warrior. To view the video in its entirety, please click here.

Industry News

KDKA-TV Talk Host Jon Burnett Dies; Donates Brain to Science

KDKA-TV, Pittsburgh talk host and weatherman Jon Burnett died on February 19 at the age of 71. SportSkeeda reports that Burnett died from complications for CTE (Chronic traumatic encephalopathy). He’dimg been diagnosed with suspected CTE two years ago and joined the National Sports Brain Bank at the University of Pittsburgh. He told “Pittsburgh Today Live” at the time, “If I can help anybody on this road, who is on this road or will be on this road in the years ahead, I feel better about being able to do that and being able to learn from my experiences.” Burnett played sports throughout his childhood and played college football at the University of Tennessee. (Photo: KDKA)  Read the SportSkeeda story here.

Industry News

Mike Gallagher Interviews Key Players at White House Media Day

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Pictured above is Salem Radio Network talk host Mike Gallagher (right) at the White House with press secretary Karoline Leavitt (left). Gallagher was in Washington, DC to take part in the White House Media Day event. He recorded one-on-one interviews for his radio program with Secretary of the Treasury Scott Bessent; senior director for counterterrorism Sebastian Gorka; senior fellow at the Independent Women’s Forum May Mailman; and Secretary of the Department of Veterans Affairs Doug Collins.

Industry News

Audacy Promotes Jake Vulinec at “92.3 The Fan” in Cleveland

Audacy promotes sports talk personality Jake Vulinec to host of the 7:00 pm to 11:00 pm program “Overtime on The Fan” on WKRK-FM, Cleveland “92.3 The Fan.” Station brand manager Keith Britton comments, “Jake is a rising star in this industry, and we couldn’t be more excited to see him take over ‘Overtime.’ Jake’simg dedication, enthusiasm, and fresh perspective will bring new energy to the show, and we know our audience will love what he brings to the table.” Vulinec joined “92.3 The Fan” in May 2023 as a part-time update anchor and fill-in host. He says, “It’s surreal to me to be starting my career in the place I’ve called home for my entire life. I’m incredibly excited for the opportunity to continue to grow alongside the outstanding team at ‘92.3 The Fan’ and the best fanbase in the world. The city of Cleveland and my fellow fans have given so much to me, and now I hope to be able to give some of that back to them.”

Industry News

Edison Research: Blacks Listen to Radio Longer

Edison Research says that according to data from its ongoing Share of Ear study, Black listeners “lead the charge in audio listening.” The study says that the U.S. Black population spends 4 hours and 23 minutesimg listening to audio daily, compared with 3 hours and 50 minutes among the non-Black population – over 30 minutes more per day. “This listening includes music as well as spoken-word content, such as podcasts and talk radio. We often thank creators for the audio masterpieces that captivate us, which are all very much deserved. Today, we also thank Black consumers for fueling the success of musicians, podcasters, and radio hosts.”

Industry News

Industry Mourns Death of Radio Legend Gary Stevens (1940 – 2025) at 84

Gary Stevens at WMCA in 1967 (NET photo)
Gary Stevens at WMCA in 1967 (NET photo)

Legendary radio figure, Gary Stevens, passed away on Monday (2/17) in Delray Beach, FL, at the age of 84. Stevens succeeded in a number of phases of the radio business from being a major star DJ on groundbreaking top 40 outlet WMCA, New York in the 60s as one of the iconic “Good Guys” to achieving influence as a radio company manager, program distributor, media investment banker, and station broker (where he profitably rode the consolidation wave). He was known for his innovation in all these fields.  He served as president of Doubleday Broadcasting in the late 70s, investments advisor with Wertheim Schroeder & Co., Inc. in the late 80s and as the head of his own firm, Gary Stevens & Co. in the 90s. During his stellar career, he served on a number of boards at major radio organizations including Saga Communications, where he briefly served as interim chairman upon the death of Ed Christian in 2022, and industry associations including the NAB and RAB.  TALKERS publisher Michael Harrison comments,  “Although Gary Stevens’ accomplishments and influence on the radio industry stretched over more than half a century and was quite profound – kids of my generation, who had the opportunity to grow up in New York during the swingin’ sixties, will always remember him as one of the glorious WMCA Good Guys.  His passing truly marks the end of an era.”

Noted industry historian and video chronicler, Art “Radio’s Best Friend” Vuolo reports to TALKERS, “Gary was the last of the WMCA Good Guys still alive, I took a fantastic B&W film from NYU’s film department that I guess ran on WNET Channel 13 in NY back in 1967 and added titles (a.k.a. supers) so each DJ would be identified and put an opening slate (in color) at the start. Gary Stevens is probably the most prominently featured in this film with some great behind-the-scenes insight as to how top 40 radio was done in America’s top market.  1010 WINS had already bowed out and gone all-news in April of 1965, so it was WMCA and WABC who were dukin’ it out in 1967.  However, in the spring of 1966, WOR-FM was a new tend-setter on FM with rock n’ roll.  Here’s the link (player below) to the amazing film.  Enjoy every second!”

Industry News

Cumulus/Westwood Studies: Audio Listeners are a Rich Source of In-market Financial Consumers

CumulusSeven consumer studies commissioned by the Cumulus Media | Westwood One Audio Active Group® over an eight-year period find audio listeners are a rich source of in-market financial consumers and drive significant top and bottom funnel impact. The key findings from the studies are outlined on this week’s blog.

Key takeaways:

• Compared to TV viewers, audio listeners are far more likely own investment assets, to be in the market for financial services, and be interested in the category.
• Despite massive TV spending by financial service marketers, TV viewers exhibit low brand equity for financial service brands and weak interest in the category due to the older skew of TV audiences.
• MRI-Simmons: Heavy podcast and AM/FM radio listeners are the ideal audiences for financial brands as they are more likely to be premium clients willing to pay for financial services.
• Case study #1: MESH Experience: Among consumers with $500K+ of investable assets, heavy AM/FM radio listeners are three times more likely than heavy TV viewers to be in the market for a new or additional financial services company.
• Case study #2: AM/FM radio drives strong growth in top funnel measures such as awareness, favorability, and consideration.
• Case study #3: A MARU/Matchbox study of consumers with $1M+ of investable assets found over a six-month period, an AM/FM radio campaign generated double-digit lifts in most measures of brand equity.
• Case study #4: Heavy AM/FM radio listeners are more likely to be active investors and more engaged with the financial category versus heavy TV viewers.
• Case study #5: Heavy AM/FM radio listeners are +44% more likely to be financial ‘thrivers,’ those who like taking investing risks and agree that investing is important.
• Case study #6: Compared to TV viewers, audio listeners are much more likely to have investments across a broad array of assets classes and more likely to invest in major financial brands.
• Case study #7: Harris Poll Brand Tracker: A Westwood One NFL AM/FM radio campaign generates significant brand equity impact far stronger than among TV viewers.

Check out today’s blog post.

View a 15-minute video of the key findings here.

Industry News

Ramsey Press Begins Presale of New Book, Build a Business You Love (Ramsey Press, 2025), by Dave Ramsey

Cover of Ramsey Book - BABYLBuild a Business You Love (Ramsey Press, 2025) by Ramsey Solutions CEO and bestselling author Dave Ramsey is now available for preorder. The book will be released on April 15, 2025.  In Build a Business You Love, Ramsey shares his 30-plus years of experience building a business from a one-man operation to a $250 million-a-year business with more than 1,000 employees and a nationally known brand. The book draws on Ramsey’s hard-earned lessons, equipping readers at every stage of business to grow themselves, lead their teams and scale their businesses.  “There are a lot of theories out there about how to run a business,” Ramsey tells TALKERS. “But you don’t need more theories. You need to hear from someone who’s lived it and made it work – someone who’s messed up a lot and gotten back up after being knocked down. This book will guide entrepreneurs and small business owners through the real steps they need to grow their business, no matter what stage they’re in.” Dave Ramsey is currently ranked #2 on the TALKERS 2024 “Heavy Hundred.” In Build a Business You Love, he breaks down five key Stages of Business, from being stuck in the daily grind to ready to make your mark in the business world:

1. Treadmill Operator:Everything in the business relies on you.

2. Pathfinder:You have a team, but it’s hard to get them on the same page.

3. Trailblazer:Your business is ready to scale, so it’s time to find some leaders.

4. Peak Performer:Your business is thriving, but don’t become complacent.

5. Legacy Builder:You’re creating a lasting impact and building a business that lasts for generations.

 

Industry News

WURD, Philadelphia to Honor Malcolm X

WURDOn Friday, Feb. 21, WURD Radio will present “Race, Manhood and Power: Commemorating 60 Years Since the Ascension of Malcolm X to Ancestorhood” in partnership with the Community College of Philadelphia from 1:00 pm – 4:00 pm at CCP’s Winnet Student Life Building Lobby.  This live broadcast will be a special edition of “Groundings” with WURD host Brother Shomari. The event and conversation will reflect on the lessons of Malcolm X’s legacy and examine how succeeding generations have – or have not – put them into action. The broadcast is part of a week of programming at CCP led by Brother Shomari that addresses what the station describes as the “urgent challenges” facing Philadelphia’s Black communities today.

“This convening will serve as a re-catalyzation of our previous mobilization efforts, focused on African Diasporic community building in and around the Philadelphia region, and the important leadership linkages that must be facilitated between our culture, communities and campuses to advance Black life and wellbeing,” Brother Shomari said. “A particular lens of this convening is on the purpose, roles, responsibilities and preparation of Black youth and young adults for this cause.”

According to the station, this gathering is a sequel to WURD Radio’s historic 2015 event, “The Invitation,” which explored the impact of racial shifts in Philadelphia and the critical need for stronger Black leadership. “Race, Manhood and Power” will continue that discussion, focusing on intergenerational strategies for building Black community power.

 

Industry News

TALKERS News Notes

Hannity Trump and Musk

HANNITY TO AIR TRUMP MUSK INTERVIEW TONIGHT:  Continuing his longtime role as one of the nation’s talk media hosts most-closely-connected to Donald Trump, Sean Hannity’s recently recorded sit-down interview with both President Trump and DOGE head Elon Musk will air on the FOX News Channel’s “Hannity” program this evening (2/18) at 9:00 pm ET. Hannity is also syndicated daily on Premiere Networks and currently holds the number one spot on the TALKERS 2024 “Heavy Hundred.”  To see a preview clip of tonight’s interview, please click here.     Nebraska Broadcasters…..FIVE TO BE INDUCTED: The Nebraska Broadcasters Association will induct Dennis & Kathi Brown, Dale Johnson, Mike McKnight and Dave Wingert into the NBA Hall of Fame on August 12th in La Vista during the NBA Annual Convention. Established in 1972, the NBA Hall of Fame will grow to 123 members with these pending inductees…..Independent Broadcasters AssociationIBA AND RVA TO HOST LIVE VIDEO STREAMING WEBINAR: The Radio Vendor Alliance (RVA) is producing another “Lunch and Learn” workshop in partnership with the Independent Broadcasters Association (IBA). The workshops are free online sessions and feature industry experts with practical solutions to radio’s most pressing problems.  “Is Video the New Audio?” is scheduled for Thursday, February 20, at 1:00 pm ET.Radio Vendor Alliance The 45-minute session will include a Q&A and will be available for replay to all registrants. Registration is free (link: https://www.coolradiostreaming.com/) and IBA membership is not required.

 

Industry News

Tegna’s Columbus Studios Threatened with Powdery Substance

According to a report in the Columbus Dispatch, Tegna’s Columbus studios – from which sports talk WBNS-FM, WBNS-AM, and WBNS-TV operate – were the target of a threat on Thursday (2/13). The stationsimg received a letter that also contained a “suspicious white, powdery substance” and forced the company to evacuate the building for several hours. Station employees continued to broadcast from the parking lot while authorities, including a hazmat team, investigated. They were allowed to return to the building after a period but so far authorities have offered no details on the letter or the powdery substance. See the Dispatch story here.