Farm broadcasters plant AM seeds.

Farm broadcasters at the 80th NAFB Convention in Kansas City expressed urgent concerns about the future of the AM band, a crucial medium for their industry. The focus was on countering challenges posed by automakers and Big Tech aiming to…

Open window.

The National Association of Broadcasters (NAB) has initiated registration for the 2024 NAB Show scheduled from April 13-17 at the Las Vegas Convention Center. The event will explore broadcasting trends encompassing artificial intelligence, streaming, virtual production, live events, the creator…

Retail downer.

In October, U.S. retail sales experienced a 0.1% decline, marking the first drop since March and signaling a potential slowdown in the economy. This follows a 0.9% increase in September and robust summer gains. The dip is attributed to reduced…

Iheart slips.

iHeartMedia’s Q3 2023 revenue was $952.99 million, a decrease of 3.6% from Q3 2022. Adjusted EBITDA fell by 19.2% to $203.78 million, and operating income was $69 million. However, the company’s net loss was reduced to $9.05 million. Podcast revenue…

Spoken word grows.

A new report from Edison Research and NPR shows that spoken word audio consumption is on the rise. The report found that nearly half of all Americans (48%) now listen to spoken word audio on a daily basis, up from…

Radio benefits from rosy 2024 projection.

Advertisers are planning to increase their advertising budgets in 2024, with radio expected to remain a strong medium. A survey of 92 advertisers found that 60% plan to boost their ad spending, with 13% planning to increase their radio budgets.…

Network measurement dropped.

Nielsen Audio is shutting down its RADAR service, which was used to measure network radio ratings. The decision was made because the vast majority of national network radio is now transacted on Nielsen’s Radio Nationwide service. RADAR was unique in…