Tuesday, February 17, 2015

Podcast Talker Tom Leykis Boasts He's Making Money

In a USAToday profile former L-A radio host Tom Leykis boasts that he made a bigger profit in 2014 than the two largest traditional radio concerns, iHeartRadio and Cumulus, the fact is both radio giants lost money, while Leykis eeked out a tiny profit--$2500 on revenues of $527,000.

"But it's a start," says the former syndicated radio talker. "The business is self sufficient. I have four employees. Last year we went up 65% in audience. It's possible that this year I will get a nice paycheck."

Leykis and Jefferson Graham of USAToday discussed his move from traditional radio, where he served for over 25 years, including stints on KFI in Los Angeles and syndication, to the self-financed world of podcasting, where he differs from most of the breed by broadcasting live.

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