Media Bureau Sets Main Studio Rule Comment Deadlines

The Media Bureau has released the comment deadline and reply comment deadline, respectively, for its Notice of Proposed Rulemaking (NPRM) in the matter of the elimination of the FCC's Main Studio Rule.

Broadcast Engineer McLemore Dies Following Alabama Crash

A 72-year-old broadcast engineer who has worked for PMB Broadcasting and iHeartRadio stations in the Columbus, Ga., market has died following complications from his unwitting involvement in a June 3 high-speed car chase in the neighboring city of Phenix City, Ala.
Cumulus

Is Cumulus Seeking To Thwart A ‘Modern’ Takeover?

The nation's No. 2 radio broadcasting company by number of stations on Monday adopted a rights agreement that, as it states in an 8-K filing with the Securities and Exchange Commission, is "designed to protect the company’s substantial net operating loss carryforwards in order to preserve [its] long-term value and maintain the integrity of the company’s ongoing restructuring process."

This Credit Card Discovers Radio’s ROI Rewards

The financial services category has much to gain from increased marketing efforts to the nation's media consumers. One credit card company, in particular, significantly boosted their number of commercials aired on the radio stations tracked by Media Monitors for the week ending June 4, 2017.

Salem Approves A Quarterly Cash Dividend

Salem Media Group's Board of Directors late Thursday declared a cash distribution for Q2 2017. The news was met positively among shareholders, with the conservative talk and Christian-themed media company's shares up 5 cents in Friday's trading.

The Richards Group Gets The Top Radio Mercury Prize

Creative featuring "fresh, top-of-mind execution" is what led The Richards Group to earn the $50,000 Best of Show award at the 2017 Radio Mercury Awards, held Thursday night at Stage 48 in midtown Manhattan.

Beasley, Meredith Hit The Jackpot With Raiders Win

The soon-to-be Las Vegas Raiders have selected their team's official broadcast partners, and an AM and FM in Beasley's Southern Nevada station group join KVVU-5 in grabbing those honors from the National Football League team set to relocate from Oakland, Calif.
Radio

Mark July 26 For The Next FM Translator Filing Window

The Commission has taken the next step in keeping AM radio stations fiscally healthy by opening an auction filing window to allow the licensees of Class C and D AMs that didn't participate in either of the 2016 modification windows to file applications that would create a new FM translator.

Katz Media Group, Momentum Leaders To Co-Chair Forecast ’18

The CEOs of the largest advertising media rep firm in the nation and one of the world's largest brand experience agencies are teaming up to co-chair Radio's Financial Summit—Forecast 2018. The respected and influential annual financial conference is scheduled for November 15 at the Harvard Club in New York City.

Veteran Multi-Format Air Talent Formicola Dies

Joe Wade Formicola, who was 68 years old, became famous for hosting mornings at Country WWWW (W4) in Detroit in the 1980s and from 2010-2015 hosted the afternoon drive slot on Westwood One's Mainstream Country format. Most recently, he programmed a Talk station in Raleigh for Curtis Media and was associated with Local Radio Networks.

An Arizona Broadcaster Gets A Violation Warning

Consider this a warning: An AM radio station in Coolidge, Ariz., has run afoul of the Commission's rules on tower fences, improper transmitter power, staffing, and the absence of EAS logs. It has 20 days to explain itself, and a "NAL" could be on the way to the station's owner. Its the second warning in a month for the company.

Salem Plans Include Luxe Treatment For Investors

Next week, members of the Wall Street financial community will get to enjoy two days full of swanky L.A. accommodations while hearing pitches from a variety of "microcap" companies. Among the companies set to present at the LD Micro Invitational is Camarillo, Calif.-based Salem Media Group.

Macy’s Memorial Day Ad Bump? More Radio Spots

In an attempt to lure consumers from their favorite sunbathing sites and preferred picnic places, Macy's turned up the heat in its marketing efforts—and used AM and FM radio to do so—into the Memorial Day holiday.
Sirius XM

Should Sirius XM Options Traders Be Wary?

Zacks Equity Research has been quite vocal lately about media stocks it's not particularly fond of at the moment. On May 25, Zacks asked if Entercom is “positioned for a slump.” Now, it's warning investors in Sirius XM "to pay close attention to the stock" based on recent moves in the options market.

FM Chips In Smartphones Get Another Big Endorsement

The push to activate FM chips in smartphones, which Emmis Communications and its NextRadio arm have taken the lead on in the U.S., has gotten a continental boost thanks to the North American Broadcasters Association (NABA).

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