SiriusXM Canada Gets Regulatory OK For Go-Private Plan

In late August 2016, Sirius XM Canada Holdings expressed its intent to go private. The one thing stopping the privatization effort? The Canadian Radiotelevision and Telecommunications Commission (CRTC). Now, eight months, later, the regulatory body has given its consent to the move, which comes despite mid-summer 2016 opposition from dissident investors amid overwhelming support for its move to go private.
FCC

Prepare For The End To The Main Studio Rule

Mark May 18, 2017 as the day the FCC starts to say goodbye to a rule that's been on the books since FDR was President and World War II had yet to reach its apex. That's when the Commission, at its May Open Meeting, will open "MB Docket No. 17-106." That's Washingtonian for the elimination of the main studio rule, and Garvey Schubert Barer may be to thank for the NPRM, although its petition was dismissed as moot.
Meredith

Retrans Revenue Drives Local Media For Meredith

With the spectrum auction now concluded, Meredith is looking to be a buyer: The company said in releasing its fiscal Q3 2017 results prior to Thursday's Opening Bell on Wall Street that it "expects to continue to grow its Local Media Group organically and through strategic acquisitions." How did the owner of broadcast TV stations fare in its fiscal Q3? We dissected the numbers for you.
Sirius XM

A Solid Q1 For Sirius XM, But Revenue Growth Is Slowing

It wasn't that long ago when some industry observers questioned the profitability of satellite radio. Today, there's no question that with one player in the arena -- Sirius XM -- it's certainly a revenue maker. That's because Sirius XM Holdings matched Wall Street expectations in its latest quarterly earnings report.

Could A ‘Courthouse’ Visit Result From A Morning Bit Mimic?

Whatcha' doin' at the Courthouse? Protecting a trademark may be the answer, if mimicry and freely borrowing ideas from another radio station or a syndicated program is judged to have gone too far. What recourse does a radio station have if it feels a fun bit has been stolen by another party? It depends, says a Garvey Schubert Barer attorney who discussed a possible litigation situation in an exclusive interview with RBR+TVBR.

Entercom/Charlotte Selects Its New DOS

Entercom's Charlotte station group has selected the former GSM of Radio One's Atlanta cluster as its new Director of Sales.

Beasley To Reveal Q1 Results On Tuesday

Beasley Broadcast Group will report its 2017 first quarter financial results before the market opens on Tuesday, May 2. The company will host a conference call and webcast at 10am Eastern that morning to review the results.

Pandora Explains How It Pays Its Royalty Fees

In a blog post appearing at Medium and distributed by Pandora, the company's Music Insights and Analytics chief, Glenn Peoples, notes that with the streaming audio company's long-awaited rollout of its on-demand, subscription-based Pandora Premium, there are three tiers and, thus, three ways for artists and labels to connect with listeners and earn royalties. There are also a few different ways royalties get to artists and labels, and Peoples explains just how Sirius XM and AM and FM radio differ from Pandora.

Another Extension For iHeart Exchange Offers

The company says in a pre-Opening Bell announcement that the exchange offers and consent solicitations set to expire tomorrow (4/28) at 5pm Eastern will now expire in mid-May.

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A Holy Alabama Swap Surfaces For Summit

A 99-watt FM translator atop a mountain in the center of Alabama's biggest market is set to come under the control of SummitMedia. That's because it's getting the facility by exchanging an 85-watt FM translator in the same spot to one of the most prolific buyers of radio stations in recent months.

CBS

Price Target Raised For CBS Corp. Shares

An $80 price target has been set for CBS Corp. by one Wall Street financial firm, which has also placed a "buy" rating on the stock.

‘Connected Ads’ Connect With TV Views, This Study Says

A Silicon Valley video advertising firm has found that, based on its research, viewers pay attention to a higher proportion of ads on connected TV (CTV). Furthermore, its just-released study says CTV ads deliver higher brand metrics.
Money

LocusPoint Sells TV Duo After Getting No Auction Bids

Two Class A TV stations that got no takers in the just-concluded spectrum auction have just been sold. In both deals, Kalil & Co. acted as the escrow agent and the buyer's broker, while Patrick Communications represented the seller.

Latest Articles


Who’s Been Named 2017 Radio Marketer of the Year?

This year's “Radio Marketer of the Year” Award, which recognizes a brand's advertising and promotional endeavors over the past year at AM and FM radio stations across the U.S., is going to the No. 1 bidder in the FCC's incentive auction.

Are These Top Retailers Among Your Advertisers?

Attention, radio and TV sales executives: If your station is not presently enjoying an advertising relationship with the top 25 retailers and restaurants on The NPD Group's just-released 2016 Checkout Penetration Index, you better start scheduling some appointments with key media planners and brand managers right now.

NBCUniversal Pacts With Kargo For Mobile Ads

NBCUniversal has taken a big step in reaching mobile consumers by striking a deal with mobile advertising player Kargo. The newly forged relationship will allow NBCUniversal to bring to fruition "the world's largest premium ecosystem for mobile advertising."

Could A ‘Courthouse’ Visit Result From A Morning Bit Mimic?

Whatcha' doin' at the Courthouse? Protecting a trademark may be the answer, if mimicry and freely borrowing ideas from another radio station or a syndicated program is judged to have gone too far. What recourse does a radio station have if it feels a fun bit has been stolen by another party? It depends, says a Garvey Schubert Barer attorney who discussed a possible litigation situation in an exclusive interview with RBR+TVBR.

SiriusXM Canada Gets Regulatory OK For Go-Private Plan

In late August 2016, Sirius XM Canada Holdings expressed its intent to go private. The one thing stopping the privatization effort? The Canadian Radiotelevision and Telecommunications Commission (CRTC). Now, eight months, later, the regulatory body has given its consent to the move, which comes despite mid-summer 2016 opposition from dissident investors amid overwhelming support for its move to go private.

Sirius XM Puts More Dollars Into The Connected Car

With AM and FM radio under a perceived threat of losing their dominant visual placement in the next-gen in-vehicle digital dashboard, Sirius XM is doing its part to keep its in-car and in-truck and on-motorcycle listening growth. For an undisclosed price, the satellite radio operator is acquiring San Francisco-based Automatic Labs, a provider of connected vehicle services for consumers and enterprises.

Top House Democrat Pans Pai On Tanking Title II

House Energy & Commerce Committee Ranking Member Frank Pallone Jr. (D-NJ), along with other House E&C committee members and Democratic Commissioner Mignon Clyburn, gathered Thursday afternoon at the House Triangle to voice their disapproval of FCC Chairman Ajit Pai's plan to take away Title II, thus ending net neutrality. To Pallone, Pai's efforts "undercut" net neutrality protections.