iHeartMedia tops BIA radio revenue rankings with $2.14B

BIA Advisory Services posted its Top Ten Radio Owners by revenue rankings for 2023 in a recent blog post. Revenue totals were down last year when compared to 2022. iHeartMedia and its 870 stations in 151 markets was again number one in 2023 with $2.147 billion as compared to $2.258 billion in 2022 from 866 stations. Audacy, which about to emerge from bankruptcy, posted $1.292 billion in revenue in 2023 from 227 stations, compared to $1.369 billion in 2022 from 230 stations.

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