Net News search results for: p capital iq
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March 15, 2023
Revenues, Earnings Dip At Audacy In Fourth Quarter 2022
A 0.8% year-over-year decrease in revenues -- down 4% without political ads -- to $342 million marked AUDACY's fourth quarter 2022 financial report. Digital revenues rose 2% to $69.1 million, while operating income fell from $52.7 million to $46.4 … more »
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March 7, 2023
Corus Entertainment Declares Dividend, Updates Capitol Allocation Policy
TORONTO-based CORUS ENTERTAINMENT INC.'s Board Of Directors has declared a dividend of $0.03 per Class B non-voting participating share and $0.02875 per Class A participating share, payable on MARCH 31st to shareholders of record at the close of … more »
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March 1, 2023
iHeartMedia Fourth Quarter Revenues Boosted By Politics And Podcasting, But Q1 Guidance Predicts Revenue Decrease
iHEARTMEDIA revenue rose 6% year-over-year for fourth quarter 2022 to $1.126 billion, but increased just 1% excluding political revenue. The revenue figure was boosted by a 10% jump in Digital Audio Group revenue to $30 million, including podcast revenue … more »
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March 1, 2023
KHTK (Sactown Sports 1140AM)/Sacramento Joins San Francisco 49ers Radio Network
BONNEVILLE Sports KHTK-A (SACTOWN SPORTS 1140AM)/SACRAMENTO will be the CALIFORNIA capital’s radio affiliate for SAN FRANCISCO 49ERS football starting next season under a new multi-year affiliation deal. “We are always happy to welcome … more »
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February 24, 2023
Thomas H. Lee, Investor And Founder Of Firm That Bought Warner Music Group And Clear Channel, Dies At 78
THOMAS H. LEE, the billionaire leveraged-buyout financier who founded the eponymous investment firm that partnered to acquire WARNER MUSIC GROUP and CLEAR CHANNEL COMMUNICATIONS, died THURSDAY (2/23) of an apparent self-inflicted gunshot wound at his … more »
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February 23, 2023
Cumulus Fourth Quarter Revenues, Income Dip
CUMULUS MEDIA fourth quarter 2022 revenue fell 0.4% year-over-year to $251.3 million, with net income falling from a gain of $17.6 million to a loss of $54,000 (86 cents to 0 cents/basic and diluted share) and Adjusted EBITDA off 1.2% to $42.7 million. … more »
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February 22, 2023
Jaxsta Acquiring Vampr
AUSTRALIA-based JAXSTA announced they will acquire LOS ANGELES-based VAMPR, with JOSH SIMONS, the Founder/CEO of VAMPR now becoming Chief Strategy Officer for JAXSTA C-Suite. JAXSTA CEO BETH APPLETON said, “The acquisition of VAMPR represents … more »
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February 15, 2023
Acast Net Sales Rise In Fourth Quarter As CEO Warns Of Ad Market 'Uncertainty'
Podcast platform ACAST's net sales grew 35% year-over-year in fourth quarter 2022 to SEK 454.3 million, with operating loss increasing from SEK 39.5 million to SEK -58.6 million, with SEK 10.7 million of the latter from restructuring costs related to … more »
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February 14, 2023
Therese Romano To Join WGTS/Washington As Dir./Digital Programming
STRONG TOWER CHRISTIAN MEDIA Contemporary Christian WEEC (HOPE 100.7) and Christian Talk WFCJ (93.7 THE LIGHT)/DAYTON APD THERESE ROMANO is joining ATLANTIC GATEWAY COMMUNICATIONS Contemporary Christian WGTS/WASHINGTON D.C. as Dir./ Digital Programming, … more »
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February 14, 2023
WAMC/Albany February Fund Drive Very Quickly Collects Over $1 Million
WAMC News-Talk WAMC (NORTHEAST PUBLIC RADIO)/ALBANY, NY started its on-air FEBRUARY fund drive MONDAY (2/13) and finished it three hours later, raising more than the $1 million goal thanks to a pre-drive "Locked Box" appeal. The fund drive also … more »