SiriusXM Profits Rebound as Podcast Ad Revenue Soars 50%
SiriusXM reported a net income of $297 million for the third quarter, a major turnaround from last year's loss, driven by a 50% surge in podcast ad revenue.
#SiriusXM#Podcasting#Media Industry
#Advertising Revenue
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Local Radio Revenue Projected to Reach $12.3 Billion in 2025
Local radio advertising revenue is forecast to reach $12.3 billion in 2025, with digital platforms contributing $2.3 billion. This makes radio the fifth-largest media for ad spending, driven by sector
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