FINANCIAL – Page 14 – RAMP – Radio and Music Pros

Musical Milestone: 100 Million Subs

March 18, 2025 kevincarter RIAA

• Last year, for the first time ever, paid streaming subscriptions hit 100 million in the U.S., according to Recording

BRANDING/MARKETING EXECUTIVE ACTION FINANCIAL FRONT PAGE MILESTONES PROGRAMMING SALES

Executive Action Inside Audacy

March 17, 2025March 17, 2025 kevincarter Audacy

• UPDATED: Audacy, Inc. just announced several key executive changes, including the appointment of Kelli Turner as President and Chief

DOWNSIZING EXECUTIVE ACTION FINANCIAL FORMAT FLIPS FRONT PAGE MILESTONES PROGRAMMING STREAMING

Cumulus & Townsquare Station Shutdown

March 16, 2025March 17, 2025 kevincarter Cumulus Media, Townsquare Media

• UPDATED with Townsquare statement: In what is sadly becoming a growing trend in the financially fraught condition of the

EXECUTIVE ACTION FINANCIAL FRONT PAGE MILESTONES NEWS/TALK/SPORTS PROGRAMMING

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,