LiveOne Slashes $5 Million in Costs; Plans to Spin Out PodcastOne
Digital content platform LiveOne announces that “as part of its focus on generating cash from operations on a consolidated basis, (it) is implementing additional cost and expense reductions from both operations and corporate overhead, which is anticipated to increase the previously implemented annual cost savings to a total of over $30 million in its fiscal year ending March 31, 2023. 
On December 29, 2022, the company revealed that Courtside Group, Inc. (dba PodcastOne) has filed an S-1 with the SEC for its planned spin-out and special dividend to LiveOne’s stockholders of record on January 16, 2023. The company says that PodcastOne is expected to record revenue of $25 million for the first nine months of fiscal 2023 ending December 31, 2022.
LiveOne adds, “PodcastOne’s proprietary internal Content Management System allows creators and producers to track metrics about shows on an episode-by-episode basis. 
CMS is the platform where podcast episodes are uploaded, RSS feeds are created and distributed to listening platforms, and the listening data is analyzed and displayed in a dashboard for the creators/producers to see. This fully owned and operated enterprise CMS rivals other paid platforms such as Megaphone (Spotify-owned), Art19 (Amazon-owned) and SimpleCast (SiriusXM/Pandora-owned). The CMS’ day-to-day operation and maintenance is managed by a vendor we contract with and is constantly being updated to be a best-in-class system. LiveOne remains committed to spinning-out PodcastOne as a separate public company to be listed on a national exchange. In connection with such spin-out, LiveOne has moved the record date to Jan. 16, 2023 for PodcastOne’s special dividend to LiveOne’s stockholders of record. In addition, LiveOne intends to explore spinning-out SlackerOne as a separate public company during its 2024 fiscal year.”
Red Apple Audio Networks’ recently launched Worldwide News Network (WWNN) is stepping into the weekend business and financial news space with the launch of WWNN Weekend Business Reports, a new series of reports delivering timely, insightful coverage of the markets, the economy and the companies driving growth. The reports debuted on Hubbard Broadcasting’s WTOP in Washington, DC, this past Saturday, August 1, marking the first affiliate partnership for the new service.
New laws may hold AI companies responsible, but regulating machine-generated speech presents risks of its own.
“another major milestone in JFMN’s strategic vision of building the nation’s premier independently owned News-Talk-Sports media network.” JFMN co-founder John Fredericks says, “As we continue to grow across America, Tennessee is a key market for our future. Our mission is simple: deliver compelling News-Talk-Sports programming that people can’t get anywhere else. We’re building platforms that serve our audience – not shareholders – and this expansion is another major step in that vision. We’re proving that News-Talk and Sports belong together. Our audience wants breaking news, honest opinion, and the teams they love – all from one trusted source. That’s exactly what we’re delivering.” 
Joe LaCroix says, “Femi’s sports knowledge spans far beyond football, encompassing the entire Charm City sports scene. His fearless opinions and local sports knowledge will complement Ken’s fiery takes and Tim’s sharp insights. We can’t wait for our listeners to experience the next chapter of afternoons with ‘The Final Drive.’” Ayanbadejo’s radio experience began in 2012 with contributions to several programs, including “The Scott Garceau Show,” Ravens game-day radio with Gerry Sandusky, and, most recently, “The Bruce and Femi Show” on “105.7 The Fan.”
country, and they deserve both the content and distribution that matches their energy. Between our incredibly entertaining and informative lineup of local hosts and our exclusive partnership with the Texans, we are the ultimate destination for Houston sports fans. Launching ‘95.7 The Fan’ as our tenth FM sports station in the top 10 U.S. markets is a proud milestone and solidifies Audacy’s leadership in local sports audio. We can’t wait to bring this unbeatable coverage to even more fans so they can join the conversation and stay connected to the teams they love.”
dangerous and would allow two or three corporations to dominate local television news, reducing competition, independent journalism, and threatening religious broadcasters.” He noted that conservative organizations including CPAC, the National Religious Broadcasters, and the Zionist Organization of America oppose lifting these ownership limits. Ruddy also took the opportunity to address how broadcasters view the American people, saying, “Polling consistently shows Americans are far more center-right than portrayed by the legacy media. There is a growing disconnect between public opinion and media narratives.” 
Entertainment, it debuts on Wednesday (7/22) on YouTube and other podcast platforms. Carton comments, “There’s nothing better than swapping takes with Wayne on sports, pop culture and a whole host of other topics. ‘The Joint Venture Show’ gives us a great excuse to keep doing what we’ve been doing for years, while also having some famous friends stop by and chop it up with us. There’s no better job in the world.” 
to SVP of revenue development after having served as president and general manager for the company’s Charleston, South Carolina cluster for the past eight years. O’Malley says, “I’m honored by the opportunity to help lead Saga’s next phase of growth by developing innovative revenue strategies, strengthening client partnerships, and working alongside our exceptional fulfillment partners and corporate team.”
leadership around the priorities that matter most, and I’m confident they will help us move quickly, enhance innovation and stay at the leading edge of a changing media landscape as we build toward the future.”
intended to strengthen coordination and execution across our operational functions. Clayton Nix is now chief financial officer. Jones says Nix has become an instrumental member of the executive team in guiding the company’s financial direction, and this title reflects both his growing responsibilities and his impact in shaping our strategic decisions, enhancing partner service and delivering industry insight through reporting and analytics.
the newly created position on July 20. CMG Radio president Rob Babin comments, “Phil brings a strong and unique combination of audience expertise, content leadership and a passion for developing talent. His experience and audience-first approach will help strengthen our brands and position CMG Radio for continued growth.” Becker says, “CMG Radio has outstanding brands in tremendous markets. I’m excited to join Rob and the team to build on that success, deepen audience connections across platforms, and create remarkable content that matters to listeners, viewers, followers and fans.”
addition to his current role overseeing the Huntsville and Chattanooga operations. Lewis comments, “I’m honored and excited to work with the Pensacola and Fort Walton Beach teams. Having spent a couple of years early in my career with Cumulus Pensacola, it’s especially meaningful to return. With outstanding teams, great brands, and a strong track record of success, I look forward to building on that momentum and helping both markets reach their full potential.”
Connoisseur from marketing agency IMRE where she was chief people officer. Connoisseur CEO Jeff Warshaw comments, “As we continue to grow our company, investing in our people remains one of our highest priorities. Lorraine brings an exceptional combination of strategic vision, leadership, and genuine passion for developing talent. She understands that great companies are built by great people, and her experience helping organizations strengthen their culture and invest in employee success makes her an outstanding addition to our leadership team. We’re excited to welcome Lorraine as we continue building an environment where our employees can thrive and do their best work.”
guests including Jerry Falwell Jr. and Anthony Scaramucci. Red Apple is also promoting the companion podcast, “When the When You Know, You Know… Unleashed” podcast saysing, “the conversations get even bolder. Free from FCC broadcast regulations and with no topics off limits, the podcast is already generating buzz among high-profile political figures eager to join Cohen for candid, unfiltered conversations that will take listeners even deeper inside the stories, scandals, and personalities shaping the headlines.”
No two summers have been alike since the pandemic upended listeners’ lives and retailers’ businesses. So, we’ve seen this movie before. To sound relevant and relatable and helpful, connect the dots:
Throughout the TALKERS 2026 conference, there was a recurring theme that bears repeating:
owned-and-operated digital inventory both locally and nationally, including digital, audio, podcasts and creator-led content, creating a more unified path for advertisers to activate multi-platform campaigns at scale. iHeartMedia chief business officer Lisa Coffey comments, “Advertisers are increasingly looking for media solutions that combine scale, intelligence and simplicity across channels. By combining Amazon Ads’ shopping insights and advertising technology with iHeart’s audio leadership, we’re creating a more seamless, data-informed way for brands to create more effective campaigns across sound and sight.”
analysis and commentary to an audience of millions who feel underserved by mainstream outlets. His direct, no-nonsense style has built one of the most loyal and engaged followings in independent media, with over 800,000 YouTube subscribers and more than 166 million total views.” Helios Media president and CEO Mike Paradiso comments, “Matt has built a loyal and highly engaged audience through his independent, insightful commentary on the news and cultural issues shaping America. His authentic voice and growing influence have made him one of the most promising rising stars in independent media.”
illness or disaster. The BFOA has distributed more than $20 million in aid to radio and television professionals over the past 15 years, representing over 200 broadcast companies across 45 states and U.S. territories. BFOA says, “On Giving Day, we encourage everyone in broadcasting to come together and support our broadcast community. Every contribution helps ensure that the Broadcasters Foundation can continue to provide a helping hand to broadcasters in need when tragedy strikes.” 
helping patients with blood cancers or disorders find matching blood stem cell donors. WCCO brand manager Brad Lane comments, “The auction experiences created excitement. Our fans created impact. In an era of infinite content and fractured attention, this event wasn’t just a fundraiser. It was a reminder that radio still matters. It still creates community, inspires generosity, and has the power to turn listeners into neighbors united behind a common cause. We’re honored to help bring people together in support of NMDP’s mission.”
Now, the station announces that Malloy is returning to the station on July 13 to resume his role as co-host of the “Dennis & Judi Show.” This change doesn’t put Franco’s current co-host Eric Johnson out on the street. The former, longtime “New Jersey 101.5” program director is returning to management as operations manager and program director. He will serve as a fill-in talk host on the station and will spin records during
the station’s weekend music programs. Johnson says, “So here is where we are. Dennis and Judi are back together on July 13. I am moving into a role that lets me put 48 years of experience to work shaping what New Jersey radio sounds like across three markets. And I will still be here, writing about this state I have loved my whole life, and showing up on the air when you need a familiar voice.”
consumption (64%) comes from broadcast radio, yet up until today, it has lacked the targeting and measurement infrastructure available in digital. iHeartMedia’s broadcast radio stations reach more than 278 million consumers every month, and now with AudioGraph, for the first time, advertisers can plan, target, measure, and attribute that audience using privacy-safe, ID-informed insights with digital-like precision.”
programming strategy and content development for WABC Radio and Red Apple Audio Networks. Red Apple Media owner John Catsimatidis states, “Lee is a game-changing talent. His ability to build winning content, lead high-performing teams, and understand what audiences want is second to none. As we continue growing WABC Radio, the Worldwide News Network, and Red Apple Audio Networks, Lee will play a critical role in shaping our future and driving our success worldwide.” Harris, who spent nearly 30 years as a news anchor at 1010 WINS, joined Red Apple Media six weeks ago. He says, “Red Apple Media is one of the most exciting and innovative companies in broadcasting today. Under John’s vision and Chad [Lopez’s] leadership, the company is building something truly unique in American media. I’m honored by this opportunity and energized by the challenge ahead. Together, we’ll continue creating compelling programming, expanding our national and international footprint, and delivering content that informs, entertains, and connects with audiences across the country and around the world.”
years. Salem CEO David Santrella says, “Linnae has earned the respect of people across this company and throughout our industry. She knows our business inside and out and has been a driving force behind Salem’s success for more than three decades. Her leadership has made a lasting impact across Salem, and I’m excited to see her take on this expanded role.” Also effective October 1, Jeff Reisman becomes EVP of operations overseeing operational leadership across Salem’s local broadcast markets nationwide. About Reisman Santrella says, “Jeff is a 
trusted leader in our company and has spent more than two decades serving Salem with excellence. He understands what makes our local markets successful and has spent years building strong teams and helping people grow. I am confident he will continue to strengthen our broadcast operations and help keep Salem moving forward.” The company adds that in conjunction with these leadership changes, Mark Durkin, senior vice president, Jeff Mitchell, regional vice president, and Chad Gammage, regional vice president, will also assume expanded responsibilities supporting Salem.