The year 1954 saw a number of significant happenings in radio broadcasting history.
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- 20 January – The National Negro Network is formed in the United States.
- 25 January – First broadcast of Dylan Thomas's radio play Under Milk Wood, two months after its author's death, with Richard Burton as 'First Voice', on the BBC Third Programme.
- 1 February – KECA and KECA-FM, two Los Angeles stations, change their call letters to KABC and KABC-FM respectively, reflecting their new ownership by ABC-United Paramount Theaters.
- 1 April – ABC-United Paramount Theaters, owners of WENR-Chicago, purchase time-share counterpart WLS-Chicago from Sears, Roebuck and Co., and merge both stations under the WLS call sign (their FM sister station would keep the WENR call sign until 1965).
- 15 July – The Nippon Broadcasting System initiates its first official regular broadcasting service in Tokyo, Japan.
- 18 October – Texas Instruments announces the development of the first commercial transistor radio. The Regency TR-1 goes on sale the following month.
- 17 November – WJW (AM) in Cleveland, Ohio (later WKNR) is sold by William M. O'Neill to Storer Broadcasting.
- 12 January – Howard Stern, American shock jock radio personality
- 22 August – Kurt Andersen, American novelist, columnist and public radio host
- 26 August – Steve Wright, English DJ
- 27 August – Andrew Marshall, English comedy scriptwriter
- 8 September – Joe Cipriano, American voice over actor and radio personality
- 3 October – Al Sharpton, American activist, minister, and radio talk show host
- 20 November – Steve Dahl, American radio personality and humorist
- 27 November – Arthur Smith, English comedian and radio presenter
- 5 December – Peter Arbogast, American sportscaster
Cox, Jim (2008). This Day in Network Radio: A Daily Calendar of Births, Debuts, Cancellations and Other Events in Broadcasting History. McFarland & Company, Inc. ISBN 978-0-7864-3848-8.
Dunning, John. (1998). On the Air: The Encyclopedia of Old-Time Radio. Oxford University Press. ISBN 978-0-19-507678-3.
"Newest Radio Station Put on Air Here", Raleigh News & Observer, 27 October 1954, page 11.