FINANCIAL – Page 12 – RAMP – Radio and Music Pros

Cumulus Shuts Off Struggling Stations

March 11, 2025March 11, 2025 kevincarter Cumulus Media, KZAC

• Last November, Cumulus made several significant moves in San Francisco, including elevating the conservative talk format on KSFO from

EXECUTIVE ACTION FINANCIAL FRONT PAGE PROGRAMMING RESEARCH SALES

BIA Predicts $171 Billion In Local Revenue

March 7, 2025 kevincarter BIA Advisory Services

• BIA Advisory Services estimates that in 2025 U.S. local advertising revenue will reach $171 billion — excluding political spending.

DOWNSIZING EXECUTIVE ACTION FINANCIAL FREE AGENT FRONT PAGE

Audacy Implementing Major Personnel Cuts

March 6, 2025March 12, 2025 kevincarter Audacy

• UPDATING — As was sadly predicted, Audcacy is undergoing a major Reduction In Force (RIF) as we speak. Unofficial

BRANDING/MARKETING EXECUTIVE ACTION FINANCIAL FRONT PAGE LABEL LOVE MILESTONES STREAMING TRANSACTIONS

Create Acquires deadmau5 Catalog

March 5, 2025March 5, 2025 kevincarter Create Music Group, deadmau5

• Create Music Group (CMG) has acquired the catalogs of creative visionary, electronic music producer, deadmau5, as well as that

CHARITY EXECUTIVE ACTION FINANCIAL FRONT PAGE MILESTONES

Katz Comes Through Again For BFOA

March 4, 2025 kevincarter BFOA, Katz Media Group

• The Broadcasters Foundation of America proudly announces that Katz Media Group, the nation’s largest media sales organization, has raised

EXECUTIVE ACTION FINANCIAL FRONT PAGE PROGRAMMING SPANISH-LANGUAGE STREAMING TRANSACTIONS

Employees Acquire Radio Rancho, LLC

March 3, 2025March 3, 2025 kevincarter Radio Rancho

• Boise, ID-based Radio Rancho, LLC, which operates Regional Mexican KDBI-FM (La Gran D 106.3)/Homedale, ID and KPDA (La Poderosa

DIGITAL EXECUTIVE ACTION FINANCIAL FRONT PAGE PODCASTING STREAMING

Carhart Named CFO Of LiveOne, PodcastOne

February 26, 2025 kevincarter LiveOne, PodcastOne

• LiveOne, an award-winning, creator-first, music, entertainment, and technology platform, announced Ryan Carhart‘s promotion to Chief Financial Officer of LiveOne,

BRANDING/MARKETING Classical DIGITAL EXECUTIVE ACTION FINANCIAL FRONT PAGE MILESTONES NEWS/TALK/SPORTS PUBLIC RADIO SALES

WBGO, WQXR, WFUV, WSHU Form Alliance

February 20, 2025February 20, 2025 kevincarter WBGO, WFUV, WQXR, WSHU

• Four New York City-area public radio music stations are joining forces to form the Tri-State Public Radio Music Collaborative

BRANDING/MARKETING EXECUTIVE ACTION FINANCIAL FRONT PAGE MILESTONES PROGRAMMING SALES STREAMING TRANSACTIONS

Iliad Acquires Montana Radio Company

February 19, 2025 kevincarter Iliad Media Group

• Idaho-based Iliad Media Group Holdings Inc., known for its innovative approach to employee empowerment through its 100% Employee Stock

EDUCATION EXECUTIVE ACTION FINANCIAL FRONT PAGE LABEL LOVE MILESTONES PUBLIC SERVICE

UMG & MHA Expand Mental Health Access

February 13, 2025 kevincarter Music Health Alliance, Universal Music Group

• Universal Music Group (UMG) and Music Health Alliance (MHA), a non-profit organization that provides advocacy and access to healthcare,