Industry News

The performance rights organization said it has now more than 1 million members

The post ASCAP Records $1.8 Billion in 2024 Revenue appeared first on Radio World.

The nation's No. 1 audio content creation and distribution company concluded a long parade of companies presenting their fourth quarter 2024 earnings reports on Thursday. And while the day began with a sobering fiscal health review from Cumulus Media, industry peer iHeartMedia shared Q4 results that saw net income rise and adjusted EBITDA increase, too.

The company that boasts it is the parent to the largest podcast network in the world has signed a multi-year partnership with the government of Qatar, in the Middle East, with the intent of creating "a thriving podcasting industry" in the region and in nearby North Africa.

"Our fourth quarter financial results mark a strong finish to another successful year for Nexstar in which we delivered $5.4 billion in total net revenue — the highest in our company's 28-year history," Nexstar CEO Perry A. Sook said as he opened the company's Q4 earnings call. Was he downplaying Nexstar's fiscal health?

DTS AutoStage-equipped vehicles now exceed 10 million cars

The post Xperi Reports Q4 Operating Loss, Decline in Yearly Revenue appeared first on Radio World.

Would MVPDs and voices of the cable television industry protest a NAB petition with the FCC requesting mandated transition dates for TV stations to adopt ATSC 3.0 broadcast signals? Perhaps. If so, the Consumer Technology Association, which had fought against the AM Radio for Every Vehicle Act, has their back.

Synchronization technology and a built-in GPS are now directly embedded into the transmitter

The post WorldCast Releases Update for Ecreso FM AiO Series appeared first on Radio World.

Meanwhile Curtis LeGeyt met with Chairman Brendan Carr last week to press its case

The post NAB Launches Ad Campaign for Ownership Rule Reform appeared first on Radio World.

Readers bemoan cancellation of this year's Amateur Radio Operators Reception

The post Letters: Where’s the Ham? appeared first on Radio World.

February 27 was originally poised to be a day full of conference calls detailing the fourth quarter 2024 results from four broadcast TV companies and two major radio broadcasting companies. One of those TV station ownership groups opted not to release its results on such a crowded day. Instead, it is waiting until March 11.