ABC Radio Revenue and Competitors

ABC Radio Networks was originally part of the Radio Corporation of America as NBC’s Blue Network. The Blue Network was eventually sold by RCA and adopted the name American Broadcasting Company in 1945. The company would later be purchased by Capital Cities and then The Walt Disney Company. \r\n\r\nIn June 2007, The Walt Disney company sold the radio syndication division (and the ABC heritage radio stations) to Citadel Broadcasting. Under a licensing agreement from Disney, the radio network continued to use the ABC Radio Networks name and logo until April 2009. At that time the network became known as Citadel Media. In September 2011, Citadel Broadcasting was purchased by Cumulus Media, Inc. Today the network division is Cumulus Media Networks. \r\n\r\nCumulus Media Networks has more than 4,000 affiliate radio stations reaching 121 million listeners each week. Programs and services include ABC News Radio, The Mark Levin Show, The Michael Baisden Show, The Huckabee Report, Imus in the Morning, The John Batchelor Show, Doug McIntyre’s Red Eye Radio, MoneyTalk with Bob Brinker, The Larry Kudlow Show, Radio Perez with Perez Hilton, Kidd Kraddick in the Morning, Cannon’s Countdown with Nick Cannon, Tom Kent and American Country Countdown with Kix Brooks. Other services include advanced digital media platforms with online interactive advertising; streaming audio and podcasts; ABC Sports Radio; format-specific ePrep; production libraries; and nine 24-hour formats.