The global radio advertising market grew at a compound annual growth rate of just 0.87% since 2018. However, a new Research and Markets study suggests the market is expected to grow at a rate of 2.66% between 2023 and 2028. Slightly slower, but still formidable, growth is expected for the following five years.
As of January 5, 2025, Eddie Harrell Jr. and Deon Levingston will step into roles as co-presidents of Urban One’s Audio Division. The company led by Alfred Liggins III confirmed the moves on Tuesday morning. They will come following the retirement of David Kantor, which was first reported in July.
Even with a 3% dip in early trading on Tuesday, a reaction to a third quarter revenue miss, American Tower Corp.'s NYSE-traded stock has proven to be one of Wall Street's best bets for investors. Shares are up 25% over the last 52 weeks, despite flat activity year-to-date.
Cumulus Media has renewed and expanded its agreement with TuneIn, allowing it to distribute and monetize the audio content creation and distribution company's radio station audio streams.
Justin Antoniotti has hit the ground running in each of the locales he's been a local TV leader. Now, he's in charge of standout properties in mid-America. To learn a little bit more about KMBC-TV & KCWE-TV and their presence in a vibrant Kansas City marketplace, we welcome him to the InFOCUS Podcast, presented by dot.FM.
Adam Jacobson
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