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Audacy Reports First Quarter Results

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木曜日, 5月 9, 2024

Audacy, Inc. (OTC: AUDAQ) today reported financial results for the quarter ended March 31, 2024.

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Audacy, Inc. (OTC: AUDAQ) today reported financial results for the quarter ended March 31, 2024.
Field, Chairman, President and Chief Executive Officer, stated: “Audacy delivered a solid start to 2024 with Q1 EBITDA increasing 173% vs the prior year.
Second-quarter revenues are currently pacing up low-single digits, and we expect another quarter of substantial EBITDA growth, enhanced by our continuing work on expense reductions.
Exclusive Audacy Check-Ins and artist collaborations in the quarter included The Black Crowes, Green Day, Mary J. Blige, Billy Joel, Jennifer Lopez, Gwen Stefani, Kings of Leon, Bon Jovi and Lenny Kravitz.

MasterClass Announces Amy Poehler's Class on Using Improv to Prepare to Be Unprepared

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火曜日, 11月 21, 2023

Love, Television, Courage, Fear, Family, Parks and Recreation, Friends, Recreation, MasterClass, Paper Kite Productions, SAN, Upright Citizens Brigade, Saturday Night Live, Life, Work, Entertainment

SAN FRANCISCO, Nov. 21, 2023 /PRNewswire/ -- MasterClass, the streaming platform where anyone can learn from the world's best, today announced that Amy Poehler will teach a class on how improv can help members prepare to be unprepared. Workshopping in real time with a studio audience, Poehler will share how her favorite improv principles can help members navigate difficult situations—from family dynamics to tough conversations with friends or coworkers—and how they can use improv to overcome fear and go after what they really want in life. The class is available now exclusively on MasterClass, where subscribers have unlimited access to all 185+ instructors with an annual membership.

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The class is available now exclusively on MasterClass , where subscribers have unlimited access to all 185+ instructors with an annual membership.
In this class, Poehler will share how she found her love for performance and comedy, and how she followed that passion to Saturday Night Live and beyond.
"The principles of improv have made me more creative, more resilient and more collaborative," Poehler said.
"My class is designed to help members at work, at home and in their relationships.

Audacy Reports First Quarter Results

Retrieved on:

水曜日, 5月 10, 2023

Audacy, Inc. (NYSE: AUD) today reported financial results for the quarter ended March 31, 2023.

Key Points:

Audacy, Inc. (NYSE: AUD) today reported financial results for the quarter ended March 31, 2023.
Net revenues for the quarter were $259.6 million, down 5.7% compared to $275.3 million in the first quarter of 2022
Digital revenues were $56.9 million, down 2% compared to the first quarter of 2022
Total operating expenses for the quarter were $271.8 million, which includes a gain on sale of $12.4 million and a non-cash impairment loss of $5.1 million, compared to $266.8 million in the first quarter of 2022, which included a gain on sale of $2.5 million and a non-cash impairment loss of $1.5 million
Operating loss for the quarter was $12.2 million, compared to operating income of $8.5 million in the first quarter of 2022
Adjusted EBITDA for the quarter was $3.5 million, compared to $26.0 million in the first quarter of 2022
David J.
Field, Chairman, President and Chief Executive Officer, stated: “First quarter revenues were down 5.7% with local sales significantly outperforming national as challenging ad market conditions persisted.
Cash operating expenses were up 3% during the quarter, but are expected to be below prior-year levels for the remainder of 2023."

Audacy Names Jenna Weiss-Berman Executive Vice President of Podcasts

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水曜日, 3月 29, 2023

Audacy has elevated Jenna Weiss-Berman to Executive Vice President of Podcasts, reporting to J.D.

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Audacy has elevated Jenna Weiss-Berman to Executive Vice President of Podcasts, reporting to J.D.
Crowley, Audacy’s Chief Digital Officer and President, Podcast and Streaming.
I’d also like to acknowledge Chris Corcoran who will be moving on from Audacy to pursue other opportunities.
Cadence13 is home to blockbuster franchises featuring top names in entertainment and media, as well as innovative formats.

SCAD Commencement 2022

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水曜日, 6月 1, 2022

SAVANNAH, Ga., June 1, 2022 /PRNewswire/ -- The Savannah College of Art and Design celebrates the Class of 2022, the university's largest graduating class, with digital and in-person events Friday, June 3, and Saturday, June 4. Presented online, the Presidential Conferment of Degrees begins 9 a.m. ET, Friday, June 3, for all SCAD locations, uniting graduates, students, and audiences from around the world. Following the morning's ceremony, in-person Presentations of Degrees with esteemed faculty will take place in Savannah and Atlanta through Saturday, June 4, as graduates command the stage.

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SCAD celebrates the Class of 2022 with acclaimed actor, producer, and directorAmy Poehler, host Daniel Thrasher, and honorees David Yurman and Tricky Stewart
SAVANNAH, Ga., June 1, 2022 /PRNewswire/ -- The Savannah College of Art and Design celebrates the Class of 2022, the university's largest graduating class, with digital and in-person events Friday, June 3, and Saturday, June 4.
ET, Friday, June 3, for all SCAD locations, uniting graduates, students, and audiences from around the world.
"The Class of 2022 will carry SCAD in their hearts wherever they go, into every boardroom, every brand they build, and every atelier and studio they launch," said SCAD President and Founder Paula Wallace.
The HoneyBees, SCAD's elite performance ensemble, will also be featured, along with a compilation video of the university's 2022 Outstanding Graduates from both the SCAD Savannah and Atlanta locations, and a special highlight reel dedicated to the Class of 2022.