The National Association of Broadcasters at its State Leadership Conference in Washington, D.C., has revealed the 10 winners of the 38th annual NAB Crystal Radio Awards. The winners were chosen by a panel of judges representing the broadcast industry, community service organizations and public relations firms.
Add Graham Holdings Co. to the companies that have released their fourth quarter 2024 earnings and have enjoyed the riches of a strong election-ad season. Graham Media Group, its TV division, saw lower core advertising demand in the final three months of 2024. But, it was offset in part by political advertising.
The company led by CEO Mary Berner has experienced a significant decline in its share value since March began. On Tuesday, the decline continued, sending "CMLS" down to a fresh post-bankruptcy low. Nasdaq could be eye a minimum trade delinquency, should trends not reverse soon.
It looks like Sen. Marsha Blackburn (R-Tenn.) has a new, bipartisan fight on behalf of local broadcast radio companies on her hands, as a non-binding resolution that opposes "any new performance fee, tax, royalty or other charge" on domestic AM and FM stations has been introduced in the U.S. Senate for the current Congressional session.
Adam Jacobson
Please show your support by using the Ko-Fi link at the bottom of the page. Thank you for supporting REC's efforts!