Entravision shakes up its C-Suite with the ouster of CFO Chris Young, who served as interim CEO following the sudden death of Walter Ulloa, and Chief Digital Strategy and Accountability Officer Juan Saldivar. Mark Boelke replaces Young as CFO, while Bill McNally is elevated to Chief Accounting Officer, and Jeff DeMartino succeeds Boelke as General Counsel and Secretary. Read moreChris Young, Juan Salvidar Out At Entravision As Mark Boelke And Bill McNally Take On New Roles.

With the first three months behind them, senior management at iHeartMedia told analysts Thursday that they see 2024 as a recovery year, based on sequential improvement in the company’s first quarter financial performance and from signposts across the broader advertising market. “We continue to see signs of improvement throughout our business and the broader advertising marketplace,” President, COO and CFO Rich Bressler said. Read moreiHeart Sees ‘Signs Of Improvement’ – In Its Business And Ad Market.

John Fix, the executive who pushed Procter & Gamble to make a return to radio nearly seven years ago, and in doing so made the CPG giant the biggest advertiser in the medium, has taken stock of the podcast business and came to a simple conclusion. “I see no structural barriers in this industry for mass adoption of podcasting,” he told ad buyers Thursday at the IAB Podcast Upfront. Read moreAt IAB Podcast Upfront, Podcasters Make The Case For Greater Share Of Ad Budgets.

Saga Communications has undergone a transformational change over the 16 months following the passing of founder Ed Christian. That included the installation of Chris Forgy as President/CEO and a slew of C-Suite appointments. The final part of this transformation, Forgy says, is “renaming all of our radio station groups, as media groups.” Read moreSaga CEO Chris Forgy: ‘The Industry Is Not Broken.’

Salem Media Group said Thursday that its first-quarter net broadcast revenue fell 4.6% or $2.2 million, mostly due to a $1.1 million decline in local spot ad revenue. Overall, the company posted a quarterly loss of $4.9 million. Read moreSalem: Reduced Local Spot Ad Revenue Weighed on Q1 Results.

A new audio analytics offering for advertisers is expected to give radio and digital audio a bigger seat at the media planning table. Horizon Next, the performance shop of agency giant Horizon Media, has partnered with ArtsAI, a Claritas-owned consumer tracking and attribution platform, to launch an enhanced audio analytics service that promises increased transparency for radio/audio, which has historically been difficult to measure and optimize. Read moreHorizon Next Attribution Service Promises Better View Of Audio ROI.

From February to March, iHeartMedia classic country KVET-FM Austin, the focus of this week’s Inside Radio “By The Numbers,” saw its average quarter-hour persons 25-54 grow an impressive 146%, vaulting the station from 15th-ranked to fifth. “We’re all just family with our listeners, caring about the same core values,” Program Director Gator Harrison says. “People are looking for that level of connection.” Read more‘Shared Passions’ Are Key To KVET-FM Austin’s Success And AQH Growth.

The podcast industry continued to show growth last year despite a slowdown in national ad spending. The Interactive Advertising Bureau says podcast revenue increased five percent to $1.9 billion. After years of double-digit increases, it says 2023’s overall challenging ad market slowed podcast’s growth. But the IAB says that won’t be the case this year. Read moreIAB Says Podcast Ad Revenue Climbed 5% In 2023, Sees Accelerated Growth In ’24.

The National Association of Broadcasters Leadership Foundation (NABLF) has announced a partnership with the non-profit Foundation For A Bright Future (FABF), which works to support underprivileged and underrepresented children. According to a news release, the collaboration is “rooted in shared values and objectives” and “aims to provide students with unparalleled educational opportunities and sustainable employment prospects in the media industry.” Read moreNABLF, For A Bright Future Foundation Announce Partnership.