Average radio revenue dropped fairly sharply in 2020 – by 24% – for stations in the all-news format, according to Pew Research Center analysis of MEDIA Access Pro & BIA Advisory Services data. Average station revenue for stations in the all-news format dropped from $18.1 million in 2019 to $13.9 million in 2020. (The BIA Advisory Services database contains revenue data during these years for only 16 of the 25 all-news stations, therefore, only those stations are included in the averages.)
Average revenue for a combination of stations in the all-news, news/talk, and news/talk/info formats is substantially lower than when looking at all-news stations alone – in 2021, $2.1 million per station. This likely stems from the fact that this category contains a sizeable number of stations with low total revenue. (The BIA Advisory Services database contains revenue data during all of these years for 361 stations in this category.)
A San Francisco talk radio station stunned listeners on Thursday when it abruptly went off the air in the middle of a program.
On Thursday, Cumulus Radio’s KGO (810 AM) announced it was ending its “legendary” news and talk format immediately, with plans to announce a new line-up of programming next week.
“We thank you for your loyalty and for trusting KGO to be your source for information,” a spokesperson for the station said in a message posted online. “We also want to sincerely thank all the talented men and women that worked so hard over the years to produce award-winning programming on KGO.”
The shake-up happened around 10 a.m. while the station was airing “The Mark Thompson Show.” In the middle of the program, the audio feed suddenly switched to a pre-taped announcement about the format change.