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iHeartMedia Revenue Rises, Net Loss Narrows In First Quarter 2022 - Vimarsana News

iHeartMedia Revenue Rises, Net Loss Narrows In First Quarter 2022

First quarter 2022 revenue rose 19.4% year-over-year to $843 million at iHEARTMEDIA, at the high end of the company's guidance, with net loss narrowing from $242.1 million to $48.7 million. Digital Audio Group revenue rose 36% to  $214 million (25% of overall revenue), including podcast revenue up 79% to $69 million and digital revenue (other than podcast) up 22% to $146 million. Multiplatform Group revenue increased 15% to $571 million, with broadcast revenue up 16.2% to $416.5 million, ...

Urban One Revenue, Income Up For First Quarter 2022 - Vimarsana News

Urban One Revenue, Income Up For First Quarter 2022

URBAN ONE first quarter 2022 reported net revenue increased 5.8% year-over-year to $112.3 million, with radio advertising up 17.4% to $39 million, digital up 49.5% to $15.5 million, and cable TV advertising up 46.9% to $30.4 million. Revenues for the REACH MEDIA division increased 28.3%. Consolidated net income attributable to common shareholders jumped from $7,000 to $16.4 million (0 to 32 cents/basic and diluted share).Pres./CEO ALFRED C. LIGGINS, III said, "We had extremely strong ...

Cumulus Ups Brian Philips To Chief Content Officer - Vimarsana News

Cumulus Ups Brian Philips To Chief Content Officer

CUMULUS MEDIA has upped EVP/Content and Audience BRIAN PHILIPS to Chief Content Officer, continuing to report to Pres./CEO MARY G. BERNER.“BRIAN PHILIPS is an exceptional executive and the perfect choice to lead our programming efforts as we continue to execute our audio-first strategy, which is transforming the company from a traditional radio broadcaster into a multi-dimensional audio media company,” said BERNER. “This promotion reflects BRIAN’s tremendous ...

Tuesday At The NAB Show: Joel Denver, Caroline Beasley, Crystal Awards And A Lot About … - Vimarsana News

Tuesday At The NAB Show: Joel Denver, Caroline Beasley, Crystal Awards And A Lot About …

TUESDAY's (4/26) sessions at the NAB SHOW in LAS VEGAS included a chat between ALL ACCESS Publisher JOEL DENVER and veteran consultant MIKE MCVAY in an informal lunchtime session at the NAB's Networking Lounge, with DENVER recounting the genesis of this website after observing the interaction of users on AOL and starting the website with just nine pages.On radio's present and future, DENVER noted "a lot of competition for time and attention" and advised radio to promote "unique ...

Wednesday At The NAB Show: Attendance Down, Byron Allen, Gordon Smith, And The ... - Vimarsana News

Wednesday At The NAB Show: Attendance Down, Byron Allen, Gordon Smith, And The ...

The lightly-attended final day of the NAB SHOW at the LAS VEGAS CONVENTION CENTER WEDNESDAY (4/27) was short on content relevant to radio, with appearances by television mogul BYRON ALLEN and the creators of "FREAKONOMICS" on the main stage, while a large portion of the audience headed out of town as the NFL DRAFT rolled into town.The preliminary registered attendance figure for the NAB SHOW has been announced as 52,468. The show drew an announced 91,460 for its last in-person event ...