State Of Audio E-Book Release radioink.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from radioink.com Daily Mail and Mail on Sunday newspapers.
Monday Memo: Talk Radio 101 – LISTEN. “Streaming has music radio on its heels, because,” in consultant Holland Cooke’s view, “The Sentence Never Spoken is ‘Alexa, please play six commercials.’” Yet Cooke warns that “talkers should avoid taking false comfort that we’re less vulnerable to digital .
Reporting its financial data for the first quarter of 2021,Â
Cumulus Media reveals net revenue for the period was $201.7 million, a decrease of 11.5% from the same period in 2020. The company also is reporting a net loss of $21.9 million compared to the net loss of $7.3 million from the same period in 2020. Breaking down the companyâs numbers by segment, broadcast radio spot sales was $92.9 million, a decline of 23.8% from the first quarter of 2020, while network radio
 (
Westwood One) revenue was $62 million, a dip of 5.6% year-over-year. Cumulus Mediaâs digital segment was up 23.7% on revenue of $27.1 million. Cumulus Media president and CEOÂ
Mary Berner says, âOur first quarter results clearly reflect theÂ
Wednesday, May 5, 2021
admin | May 5, 2021
Cumulus Mediaâs 2021 First Quarter Net Revenue Down 11.5%; Net Loss $21.9 Million. Reporting its financial data for the first quarter of 2021,
Cumulus Media reveals net revenue for the period was $201.7 million, a decrease of 11.5% from the same period in 2020. The company also is reporting a net loss of $21.9 million compared to the net loss of $7.3 million from the same period in 2020. Breaking down the companyâs numbers by segment, broadcast radio spot sales was $92.9 million, a decline of 23.8% from the first quarter of 2020, while network radio (
Westwood One) revenue was $62 million, a dip of 5.6% year-over-year. Cumulus Mediaâs digital segment was up 23.7% on revenue of $27.1 million. Cumulus Media president and
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