Industry News

Signal Hill Insights Fall Report: YouTube Reaches New High in Podcast Consumption

imCumulus Media in partnership with Signal Hill Insights, yesterday (12/2) released Cumulus Media and Signal Hill Insights’ Podcast Download – Fall 2024 Report, a comprehensive evaluation of the latest podcast audience trends. This 13th edition of the study examining the habits of weekly podcast consumers is part of Cumulus Media’s initiative to share insights and research findings with the podcast community.  A key finding uncovered in the Podcast Download Report is that YouTube continues its growth as the dominant podcast platform for consumption, reaching a new high.  “Though it began as an auditory experience, over the past few years we’ve seen the growth of podcast visuals, which go hand-in-hand with the similar ascendance of YouTube as a podcast platform,” said Lauren Vetrano, VP of advertiser studies and insights, Cumulus Media | Westwood One Audio Active Group®. Signal“We currently see over a third of weekly podcast consumers using YouTube the most for their podcast consumption, up from 28% year over year. Similarly, one in three podcast consumers now prefer podcasts with a video component. Video, and by extension YouTube, cannot be ignored as an important aspect of the podcast experience.”  “Thumbnails turn out to be a key discovery driver on YouTube, especially among younger consumers. 53% of those 18 – 34 say they’ve chosen a podcast on the platform based upon the thumbnail,” said Paul Riismandel, president of Signal Hill Insights. “The title or persons featured in that graphic are the two top reasons for choosing an episode. This finding provides direction for podcasters looking to grow their audiences.”

The Fall 2024 edition reveals valuable insights for content creators and advertisers. Some highlights from the report:

• YouTube is the most utilized podcast listening platform in the U.S. over the past two years: 34% say it is the platform they use the most, followed by Spotify (17%) and Apple (11%)
• As the world’s entertainment search engine, YouTube is the dominant podcast discovery platform where audiences are more likely to find podcasts
• YouTube is the most utilized podcast listening platform among Podcast Newcomers, Podcast Pioneers, and heavy podcast consumers
• Younger podcast consumers are more likely to consume a podcast because of the thumbnail image on YouTube versus older podcast consumers
• Text and the podcast title on the thumbnail are the biggest reasons podcast consumers will pick a podcast on YouTube

Cumulus Media and Signal Hill Insights’ Podcast Download – Fall 2024 Report is available in full for download here.

Industry News

NYF and PushDesign Celebrate the Power of Storytelling: Unveiling the “What Defines Greatness” Campaign

NY FestivalsNew York Festivals Radio and TV & Film Awards have launched the 2025 multi-platform call for entries campaign for the annual competitions which culminate in the Storytellers Gala every spring.  The two themes of the eight-video campaign are “What Defines Greatness” and “Sounds Over The Years.”  Together they celebrate a stand-out all-star list of innovative NYF winners through the years: My Octopus Teacher, Peaky Blinders, The Olympics, Done+Dusted, CBS Radio News, The Beatles Channel, Das Boot, A Capitol Fourth, The New York Philharmonic, CBC News, Molly Solomon, Marvin Kalb, and Donna de Varona.  “PushDesign’s Emmy-award winning creative work is a perfect match for NYF,” said Rose Anderson, EVP of New York Festivals and executive director of the TV & Film and Radio Awards Competitions. “These high energy sizzle reels let you see and hear what NYF winners are all about – enthusiasm, excitement, and excellence.”  “The New York Festivals has a global reach, is peer judged, and honors industry legends” said Rob Tobin, founder and creative director of PushDesign, “We wanted to let the programs and winners speak for themselves to inspire entrants.” The 2025 Grand Jury panel selection process is underway, and the TV & Film and Radio Grand Juries will be announced on October 23.  The New York Festivals TV & Film and Radio Awards competitions receive entries from over 50 countries.  Members of the Grand Jury panels vote to determine the Shortlists and final standings for Tower Trophies.  The 2025 Storytellers Gala will honor trophy winners of both competitions in the spring.  The official deadline to enter the 2025 New York Festivals TV & Film Awards is December 31, 2024. For more information on the 2025 TV & Film Awards visit: https://tvf.newyorkfestivals.com/. The official deadline to enter the 2025 Radio Awards is January 31, 2025. For more information on the 2025 Radio Awards winners visit: https://radiohome.newyorkfestivals.com/

Industry News

GOP Eyes New York City WABC Owner John Catsimatidis as Preferred Candidate for Mayor if Adams Resigns

According to a story by reporter Kerry Picket in yesterday’s issue of The Washington Times (10/6), Big Apple Republicans want WABC owner John Catsimatidis to run for mayor of New York City if embattled Mayor Eric Adams resigns from the post and a special election follows.  The article says, according to a New York GOP source, the city’s five county chairmen prefer Catsimatidis, over any other potential Republican looking to become the next mayor of the city.  TALKERS publisher Michael Harrison reacted to the story by saying, “John Catsimatidis would make a great mayor for New York – but NYC’s gain would be radio’s loss.  He’s one of the shining lights among the ranks of today’s radio ownership.” Harrison adds, “As far as I know, this is news to Catsimatidis as well as the rest of us.  I do not believe he has spoken to anyone about this prior to the speculation based on The Washington Times sources.  Regardless, it sure makes sense.” Catsimatidis owns multiple businesses, including a chain of supermarkets in Manhattan and WABC, where he hosts two political talk shows. He also heads up the Red Apple Group, a real estate and aviation company worth about $2 billion in holdings. To read the entire article, please click here.

Industry News

Audacy to Shutter All-News WCBS-AM, New York; GKB to Lease Signal for ESPN New York

Audacy announces that it is ending the all-news format on WCBS-AM, New York and will lease the signal to Good Karma Brands, which will begin airing its sports talk “ESPN New York” format on the signal, beginning August 26. Audacy plans to change the call letters to WHSQ-AM. Audacy, which will continue to operate all-news WINS-AM/FM, has not commented on how the change will affect WCBS-AM staffers. Audacy Newim York market president Chris Oliviero states, “New York has always been proudly unique in supporting two all-news radio brands, but the news business has gone through significant changes. The headwinds facing local journalism nationwide made it essential to strategically reimagine how we deliver the news for the most impact. WCBS 880 has been one of the most respected radio stations in history, with a legacy cemented by the hundreds of world-class journalists, on and off the air, who willed it into existence over the decades. If it happened in New York or the world, you heard about it on WCBS 880. Today, 1010 WINS@92.3FM, equally iconic, moves forward as New York’s only 24/7 all-news station with the best distribution platform, the largest audience and the most recognized brand in the industry. All-news is a pillar of Audacy, and this decision, though difficult, fortifies that leadership position for generations to come.” Audacy says that to honor WCBS 880’s meaningful impact, the station will broadcast a live commemorative special, “WCBS 880 News: The People, the Moments, and the Events that Shaped our Lives,” on August 22 from 10:00 am to 1:00 pm ET. This special edition of “NEWSLINE” with Brigitte Quinn will include interviews and historical clips. Audacy New York will continue to serve as the exclusive rights holder and flagship audio home of the New York Mets. Audacy-produced broadcasts will continue to air on 880 AM and stream on the Audacy app.

Industry News

Sacred Heart’s WSHU Designates Dancer As GM

brad dancerSacred Heart University-owned public radio news/talk WSHU appoints Brad Dancer general manager. Sacred Heart president John J. Petillo notes that Fairfield, CT’s WSHU is a, “unique organization whose mission is to serve our community with extraordinary programming that informs and inspires. I am confident that Brad Dancer will foster a culture of innovation and shepherd the station into a new era of content creation that goes well beyond the radio.” Holding bachelor’s and master’s degrees from Purdue University and the University of Maryland, respectively, Dancer remarks, “WSHU has a remarkable legacy of excellence, and I am honored to be part of this community. The collective talent and passion of the WSHU team has earned us the loyalty of our dedicated audience as well as countless prestigious awards – this uniquely positions us for success. I am confident that – together – we will achieve even greater things.” Dancer has previously held news, education, and cultural content positions at National Geographic, WWE, Disney, Canela Media, and Paramount. In addition to serving on the boards of All People Marketplace; Modal Learning; and Connecticut Gift of Adoption, he’s been an adjunct professor at Roosevelt University.

Industry News

AUDACY REPORT:  News/Talk Radio Streaming Activity Jumped Significantly Following Trump Assassination Attempt

As people continue to seek out factual and trustworthy voices, local news radio stands out as an indispensable medium, providing real-time updates and a strong connection to the community. Local news radio once again proved its value during the assassination attempt of Donald Trump on July 13, with a notable surge in listenership across Audacy platforms and stations. On that day, Audacy news stations saw a 32% jump in streams compared to the same day the week before. Mobile streams led the way with a 45% increase, while smart speaker usage rose by 30%. This incident highlights just how omnipresent and reliable local news radio is when it matters most. Please click here for more information and data that supports the value of local news radio.
Industry News

Beasley Signs Up for SPECai

ENCO Systems, Inc, Benztown, and Compass Media Networks announce that they have entered into an agreement with Beasley Media Group to provide their SPECai product to Beasley’s local advertisingim executives companywide. Beasley Media Group CEO Caroline Beasley comments, “We are very excited to be among the early users of SPECai. The technology is a game-changing tool for our sales teams to quickly and easily produce great-sounding spec spots for clients in minutes that don’t sound AI-generated, making them very compelling for advertisers. It’s amazing technology for our industry.”

Industry News

Cumulus Media and Signal Hill Release Spring 2024 Podcast Report

Cumulus Media in partnership with Signal Hill Insights release the Podcast Download – Spring 2024 Report that evaluates the latest podcast audience trends. They say that a key finding uncovered in the this report is that podcast consumption is undercounted due to co-listening that is occurring with friends, family, and children. Cumulus Media | Westwood One Audio Active Group VP, advertiser measurement & insights Lauren Vetrano states, “Since the dawn of podcast advertising, selling estimates based onim downloads, listens, or views never contemplated a device utilized by multiple people. What we have uncovered is that there is actually a fair amount of co-listening to podcasts that takes place. Whether it be with kids, friends, or family, the podcast industry is leaving ears on the table. There is a richer consumption story to be told as it is not just one person per download. For agencies and media planners, being able to examine co-listening by genre or podcast can offer invaluable insights into reaching the true audience.” Other notable findings include: 1) Marketers targeting people with a side hustle will find a rich concentration among men, heavy, and 18-34 podcast consumers; 2) Podcast pioneers and women like to go back to listen to back episodes and episodes they missed; 3) YouTube has been the most utilized podcast listening platform in the U.S. over the past year and a half: 31% say it is the platform they use the most, followed by Spotify (21%) and Apple (12%); and 4) As the world’s entertainment search engine, YouTube is the dominant podcast discovery platform where audiences are more likely to find podcasts. Find out more and download the report here.

Industry News

Premiere Networks and Jesse Kelly Sign Long-Term Extension

Talk show host Jesse Kelly and Premiere Networks agree to an exclusive long-term agreement that extends his relationship with the company. Kelly will continue his role as host of “The Jesse Kelly Show,”im heard on more than 200 affiliate stations. Premiere Networks president Julie Talbott says, “We’re delighted to extend our partnership with Jesse Kelly. Since joining our industry-leading talk lineup three years ago, we’ve watched him build a loyal following of passionate fans who value his authentic, bold and relatable brand of entertainment. We look forward to many years of continued success together.” Kelly comments, “As blessed as I am to be part of Premiere, I know they’re twice as blessed to have me. I can’t wait for three more years of being the Da Vinci of the airwaves.”

Industry News

Berliner Resigns From NPR

NPR

As we reported just yesterday (TALKERS  4/17), NPR senior business editor Uri Berliner was suspended one week without pay from the public media organization after writing an essay for Substack publication The Free Press without first seeking permission from NPR as required by his contract. Now comes word from The New York Times that Berliner – who accused the broadcaster of liberal bias in that online piece – has resigned from the nonprofit. In his resignation letter, Berliner called NPR “a great American institution” that should not be defunded. In the letter posted on his X (formerly Twitter) account, Berliner writes, “I respect the integrity of my colleagues and wish NPR to thrive and do important journalism.” He, however, continues that he “cannot work in a newsroom where I am disparaged by a new CEO whose divisive views confirm the very problems I cite in my Free Press essay.” CBS News notes that Katherine Maher, who became NPR’s CEO last month, wrote a staff memo several days after publication of Berliner’s essay addressing his criticisms of the organization’s editorial process. Among Berliner’s claims are that NPR is failing to consider other viewpoints and that it is fixated on diversity, equity and inclusion initiatives.   
Industry News

Fredericks Radio Network Now Airing on Five West Virginia Signals

The Fredericks Radio Network announces a deal that has its talk programming airing on three new stations (five signals altogether) in the state of West Virginia. The John Fredericks-owned Disruptor Radio, LLC enters into a Local Marketing Agreement with LHTC Media of West Virginia, Inc to air the network’s lineup on WGYE-FM, Mannington/W280FF, Morgantown; WMMN-AM, Fairmont/W239CM, Morgantown; and WHTI-FM, Salem-Clarksburg. The Fredericks Radio Network now airs on 18 signalsim from West Virginia to Georgia. The programming includes “The John Fredericks Show,” “The War Room with Steve Bannon,” Newsmax’s “Rob Carson Show,” and more. Fredericks states, “This West Virginia opportunity is key to our growth plan, as it dovetails nicely with our Pittsburgh footprint and reaches a very pro-populist, pro-America First and pro-Trump area of America. We are excited about offering listeners in West Virginia a choice from the stale, woke, and warmed over pablum served up every day by the corporatists and conservative Inc. bunch that regurgitate the FOX and RNC talking points of the day. Our lame and boring news/talk competition falls into one of four categories: weather on the fives and traffic on the eights, stock prices trading below fifty cents, stock de-listed off the big board, or George Soros buying up bankruptcy debt with a controlling stake to eventually take over the company and its programming.”

Industry News

WXYT-FM, Detroit’s Mike Stone Signs Off

Longtime Detroit sports media personality Mike Stone, a.k.a., Stoney, co-hosted his last show on Friday (2/16) as he retires from Audacy’s WXYT-FM, Detroit “97.1 The Ticket.” The Detroit News report says,im “He arrived in the area in 1986, and in 1994, he helped launch WDFN ‘The Fan.’ In the late 1990s, he teamed with Bob Wojnowski for the ‘Stoney and Wojo Show,’ that made Stone a household name for decades to come.” Stone told his listeners, “I am somewhat sad that I will not be on the air every day. But I know that sadness ends when there’s no fricking alarm at 4:30 in the morning.” Read the Detroit News’ coverage here.

Industry News

Brewer Media to Sell Two Chattanooga Signals to Religious Broadcaster

According to the Times-Free Press, Brewer Media is committed to selling sports talk WALV-FM “ESPN Chattanooga” and FM translator W295BI at 106.9 to Lakeland, Florida-based Radio Training Network for $900,000. Brewer sold two other signals to American Family Association in 2021. Company VP Kira Brewer Headlee tells the paper, “Just like any other business, we have to evaluate our operations and make upgrades and changes in our missions.” The company is also planning to move from its current downtown Chattanooga office space to a smaller space in East Brainerd. See the Times-Free Press story here.

Industry News

CBS News Radio and Audacy Sign New Multi-Year Deal

A new, multi-year agreement is signed by CBS News Radio and Audacy that will keep CBS News Radio’s global news coverage heard on 27 Audacy stations that includes all-news outlets WCBS-AM,im New York; KNX-AM/FM, Los Angeles; and KCBS-AM/KFRC-FM, San Francisco. As part of the deal, CBS News Radio provides its full news and programming to the Audacy stations, including top-of-the-hour newscasts, CBS WORLD NEWS ROUNDUP, breaking news, special events coverage, correspondent interviews, and audio. Paramount Global EVP of podcasting and audio Steve Raizes states, “This new agreement ensures listeners in the top markets continue to get CBS News Radio’s award-winning national and global news for years to come. This new agreement continues our long-running relationship with Audacy and its stations.”

Industry News

WBAP, Dallas-Fort Worth Adds FM Signal; Four New Staffers Join WBAP/KLIF

Today (1/3), Cumulus Media debuts Dallas-Fort Worth news/talk outlet WBAP on a simulcast at 93.3 FM. KLIF-FM was formerly a hot AC outlet. Also today, Cumulus Dallas-Fort Worth adds four news professionals to its on-air team. As TALKERS previously reported, Carla Marion joins WBAP as co-imanchor of the “WBAP Morning News” with co-anchors Hal Jay and Ernie Brown. News pro James Parker also joins WBAP as afternoon host in the 2:00 pm to 5:00 pm daypart. He was most recently a television personality in Tyler, Texas. Laura Sadler joins the “KLIF-AM Morning News” as co-anchor with Clayton Neville, and Gabrielle Taite joins Cumulus Dallas-Fort Worth’s newsroom. She previously worked in Athens, Georgia in television news. Cumulus regional VP Dan Bennett comments, “As we move into a critical election year, these talent moves and an FM frequency for WBAP speak to our commitment to spoken-word radio. We will carry our stations on a variety of signals and streaming to improve accessibility of this outstanding news and talk content to our listeners. 2024 will be a great year for news/talk.”

Industry News

Longtime WCCO, Minneapolis Host Jearlyn Steele Signs Off

Bring Me the News reports that longtime Sunday evening host Jearlyn Steele ends her weekly show,im “Steele Talkn’” after 27 years on the air at Audacy’s WCCO-AM, Minneapolis. She told listeners on last Sunday’s final program. Steele made the announcement during her final broadcast on Sunday, saying: “It’s been a blast. I want someone else to come and do a great job and learn, hopefully as much as I have learned. I have been a part of your lives and you have been a part of mine for many years. And I will not forget that.” Read the full story here.

Industry News

Audacy Gets Grace Period Extension; JPMorgan Chase Resigns Lender Role

In SEC filings made on November 29, Audacy gets extensions on the grace periods before default on its Credit Facility to January 9, 2024 and on its Receivables Purchase Agreement for the October Audacy Party Payment to December 10 and the November Audacy Party Payment Due Date to December 11.im The filing comes as Audacy “continues to engage in discussions with its creditors with respect to a number of potential alternatives regarding a restructuring of the Company’s outstanding indebtedness.” It also announces in the filing that JPMorgan Chase Bank, N.A. has resigned as Letter of Credit Issuer and Swing Line Lender (both as defined in the Credit Facility) and that Wilmington Savings Fund Society, FSB was appointed as Administrative Agent and Collateral Agent under the Credit Facility.

Industry News

Cumulus/Signal Hill Release Podcast Download – Fall 2023 Report

Cumulus Media and Signal Hill Insights are releasing the Podcast Download – Fall 2023 Report that looks at the latest podcast audience trends. Some of the findings include: 1) Podcast consumers continue to embrace YouTube as the number one podcast platform, especially with podcast discovery;im 2) Audio is powerful. Podcast consumers spend a significant amount of time on YouTube listening to podcasts without watching the video; 3) Since 2019, YouTube and Spotify have been growing among podcast newcomers at the expense of Apple Podcasts; 4) More than half of the weekly YouTube podcast audience say they have listened to the same podcasts in another place; and 5) Podcast consumers who watch video podcasts often have eyes on the screen. More than 6 in 10 look at the screen at least some of the time, even during ads. Since October 2021, podcast watchers have been increasing their time spent with eyes on the screen. See more about the study here.

Industry News

WEEI, Boston’s Greg Hill Signs Multiyear Extension

Morning show personality Greg Hill signs a multiyear contract extension with Audacy’s sports talkim WEEI-FM, Boston. He’ll continue to lead his program that includes cast members Jermaine Wiggins, Courtney Cox and Chris Curtis. Audacy Boston SVP and market manager Mike Thomas states, “We are thrilled to extend Greg’s contract and keep the momentum going for his award-winning morning show. We look forward to having Greg, alongside Jermaine and Courtney, continue to set the tone for our weekday programming and deliver entertaining content for our listeners for the foreseeable future.”

Industry News

Dan Michaels Resigns from KFGO, Fargo

According to a report at The Forum, longtime Fargo radio personality Dan Michaels resigned fromim Midwest Communications’ news/talk KFGO, Fargo The Mighty 790 on November 2. He tells The Forum that he left the station due to a difference in programming philosophy with management. “We differed on the operation of the ‘Morning Crew,’ and so I decided to step away.” Michaels serves as the public address announcer for North Dakota State football and basketball games, a position he will continue to hold. Read the Forum story here.

Industry News

WFDF, Detroit Begins Simulcast on HD Signal

Detroit news/talk outlet WFDF-AM adds an FM HD signal to its broadcast via Audacy’s WOMC-HD2 at 104.3 FM. The Adell Media-owned station recently flipped from urban talk (with a very brief stint as sports talk in between) to conservative news/talk and now positions itself as “910 AM Superstation –im Detroit’s News/Talk Radio Station.” The station features local host Justin Barclay in morning drive with Premiere Networks syndicated shows including “The Glenn Beck Program,” “The Clay Travis & Buck Sexton Show,” “The Sean Hannity Show,” “The Jesse Kelly Show,” Key Networks’ “The Bill O’Reilly Show” and Red Apple Media’s “The Other Side of Midnight with Frank Morano.” The station is promoting itself with a heavy media schedule on iHeartMedia’s adult contemporary WNIC-FM, Detroit voiced by Sean Hannity. Adell Media CEO Kevin Adell says, “910 AM Superstation is living up to its name. The audience growth we’ve seen since launching our conservative news/talk lineup in September has been exponential, and we’re looking forward to reaching even more listeners on 104.3 HD2.”

Industry News

Fred Toucher Signs Extension with “98.5 The Sports Hub”

WBZ-FM, Boston “98.5 The Sports Hub” morning drive personality Fred Toucher and Beasley Media Group agree to terms on a new, multi-year contract that keeps Toucher at the helm of the morning show “for years to come.” The station says, “Under Toucher’s tenure, the show has been recognized amongim the top sports morning shows in America and has won numerous national industry awards including a Marconi Award. Toucher was a foundational member of the launch of the station in August 2009. Prior to joining the ‘98.5 Sports Hub’ team, he worked at the former legendary rock station, WBCN.” Toucher comments, “I am thrilled to be able to work with my Beasley family over the coming years. I will continue my record of immense competence and brilliance.” Station PD Rick Radzik adds, “Fred has been entertaining ‘Sports Hub’ listeners each morning since 2009 with his compelling viewpoints and opinions on a wide range of topics. We are very pleased that he will continue on with us for years to come.” There’s no mention of morning drive co-host and Toucher’s longtime partner Rich Shertenlieb in the press release and the Boston Globe’s Chad Finn writes about the possibility Shertenlieb will exit the station soon. Read his column here.

Industry News

Bret Baier Signs Extension with FOX News Media

FOX News Media and Bret Baier agree to a multi-year contract extension that allows him to continue his roles as chief political anchor and anchor & executive editor of “Special Report.” Baier will continue to coim-anchor 2024 election coverage and host “The Bret Baier Podcast” on FOX News Audio. President and executive editor Jay Wallace says, “We are thrilled to have Bret continue leading our political coverage as we head into the 2024 election season and beyond.” Baier has been the anchor of “Special Report” on FOX News Channel since January 2009, when he took over for the legendary Brit Hume who created and launched “Special Report” in 1998.

Industry News

Salem Media Group to Sell Greenville-Spartanburg Signals

Salem Media Group announces it is entering into an agreement to transfer the ownership of Greenville-Spartanburg, South Carolina stations news/talk WGTK-FM, classic hits duo WRTH-FM and WLTE-FM toim
Educational Media Foundation for $6,775,000. Salem Media CEO David Santrella states, “We have enjoyed our years in the Greenville-Spartanburg market but have made the strategic decision to divest our interests there. As we do, we are grateful to be able to place these signals in the hands of Educational Media Foundation who share a like-minded mission with Salem through their music programming. We are also thankful to our Greenville-Spartanburg staff for their many years of service.”
Industry News

New Research Shows Audio Advertising Drives Significant Attention Over Other Platforms

Research and consulting firm dentsu announces the results of its research measuring attention in audio advertising that was conducted in partnership with Lumen Research and with audio firms Audacy, Cumulus Media, iHeartMedia, Spotify and SXM Media. Dentsu measured attention in various audio formats and environments across three unique studies in podcasts, radio and music streaming. The podcast study was conducted with participating partners Audacy, Cumulus Media, iHeartMedia, Spotify and SXM Media. The radio study was conducted with Audacy, Cumulus Media, and iHeartMedia. The study found that audio advertising (including podcasts, radio and music streaming) drove significant attention compared to other ad platforms: 1) Average attentive seconds per (000) APM for audio advertising was 10,126 compared to dentsu norms of 6,501 APM; 2) On average, 41% of audio ads generated correct brand recall (vs. 38% of dentsu norms); and 3) Brand choice uplift for audio ads was 10% (vs. 6% for dentsu norms). The study also found that each audio destination has its own unique strength in driving attention and brand impact: 1) Podcasts (measured across Audacy, Cumulus Media, iHeartMedia, Spotify and SXM Media) drove the highest attentive seconds per thousand impressions compared to other digital, social and TV benchmarks. In addition, we saw that brand choice uplift was higher for host reads compared to traditional audio ads within podcasts; and 2) Radio (measured across Audacy, Cumulus Media and iHeartMedia) also impressively drove higher attentive seconds per thousand impressions compared to other digital, social and TV benchmarks. Radio shined as the most efficient of the audio formats studied, proving to be 10x more efficient when compared to the average online video ads measured through dentsu’s Attention Economy. Dentsu Media US EVP Jennifer Hungerbuhler states, “We understand that radio advertising is a cost-efficient way to build reach, that podcast listeners have great affinity not only to the programming but also podcast hosts, and that smart speakers are a compelling new destination for audio ads on streaming services. It’s nice to see each of these unique strengths of different audio formats validated by our audio Attention Economy Study.”