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Entravision Second Quarter Revenue Rises - Vimarsana News

Entravision Second Quarter Revenue Rises

ENTRAVISION COMMUNICATIONS CORPORATION second quarter 2022 net revenue rose 24% year-over-year to $221.7 million, with net income attributable to common stockholders up 8% to $8.5 million (10 cents/basic and diluted share).Chairman/CEO WALTER ULLOA attributed the revenue increase to the company's digital segment, up 34%, and political advertising. “ENTRAVISION," ULLOA said, "is well positioned for continued growth. Our strong balance sheet and exceptional global team of ...

Cumulus Media Sees 5.4% Year-Over-Year Net Revenue Increase For Second Quarter 2022 - Vimarsana News

Cumulus Media Sees 5.4% Year-Over-Year Net Revenue Increase For Second Quarter 2022

CUMULUS MEDIA second quarter 2022 net revenue rose 5.4% year-over-year to $236.7 million, with net income rising from a loss of $5.9 million to a gain of $8.7 million, a 246.9% turnaround (-29 to 43 cents/basic share). Adjusted EBITDA rose 23.4% to $45.5 million.Broadcast radio spot revenue rose 5.1% to $127 million, with network revenue down 12% to $48.7 million, leading to total broadcast radio revenue slipping 0.3% to $175.7 million despite local spot revenue increasing by 8%. Digital ...

House Passes Appropriations Bill Including Provision Legalizing Broadcast Cannabis ... - Vimarsana News

House Passes Appropriations Bill Including Provision Legalizing Broadcast Cannabis ...

With the passage of the Financial Services and General Government appropriations bill for Fiscal Year 2023 by the HOUSE, a provision of the bill that blocks the FCC from punishing broadcasters for airing cannabis advertisements has passed along with it and now awaits action in the SENATE. The bill was part of a "minibus" package of six appropriations bills passed by a 220-207 vote, mostly along party lines, on WEDNESDAY (7/20).No timetable has been set for a SENATE version, although ...

Rage Stunt Over, CKKS (Kiss Radio)/Vancouver Flips To Alternative As 'Sonic Radio' - Vimarsana News

Rage Stunt Over, CKKS (Kiss Radio)/Vancouver Flips To Alternative As 'Sonic Radio'

After a widely-reported stunt in which the station played RAGE AGAINST THE MACHINE's "Killing In The Name Of" over and over for 30 straight hours, ROGERS Hot AC CKKS (KISS RADIO)/VANCOUVER has flipped to Alternative as SONiC RADIO, using the SONIC brand the company uses at Alternative CHDI (SONIC 102.9)/EDMONTON. CKKS, then CFUN-F, was known as SONIC 104.9 in 2011-2015 as a Top 40 station; it airs on three frequencies in VANCOUVER, CHILLIWACK, and ABBOTSFORD.The lineup includes ...

Hubbard/Phoenix VP/Market Mgr. Trip Reeb Adds Seattle VP/Market Mgr. Duties - Vimarsana News

Hubbard/Phoenix VP/Market Mgr. Trip Reeb Adds Seattle VP/Market Mgr. Duties

HUBBARD RADIO/PHOENIX VP/Market Mgr. TRIP REEB is adding those same duties for the company's SEATTLE cluster, which includes Top 40 KQMV (MOViN' 92.5), Country KNUC (98.9 THE BULL), AC KRWM (WARM 106.9), Adult Standards KIXI-A, and brokered Talk KKNW-A. REEB replaces WHEELER MORRIS, who is heading to the Market Pres. post at TOWNSQUARE MEDIA/FORT COLLINS, CO. The new duties begin on JULY 18th."We have such amazing properties in SEATTLE, this is going to be a real treat for me," said ...