Stocks close up, S&P 500 at record
Stocks finished Tuesday with solid gains, sending the S&P 500 to a record close for the second straight session. Small-cap and technology stocks lead...
WJLT-FM switching to ESPN
Management at Townsquare Media’s 50-kW Classic Hits WJLT-FM Evansville, IN tell WTVW-TV the station will soon be broadcasting 24 hours of sports coverage from ESPN.
KWEM returning to airwaves
Blues icon KWEM-AM began broadcasting in West Memphis, AR in 1947 and lasted until 1960. It’s being re-launched this week on the
Salem increases quarterly cash distribution by 4.3%
Salem Communications announced that its Board of Directors has increased its quarterly cash distribution from $0.0575 per share to $0.0600 per share
NYSBA details Summer Conference
The New York State Broadcasters Association will hold their 52nd Summer Conference at the Waldorf Astoria Hotel in NYC. This year’s Conference
WPLJ’s “Summer Kick-Off 2014”
Cumulus’ 95.5 WPLJ-FM New York kicked off Memorial Day weekend on Friday with thousands showing up for The Todd Show “Summer Kick-Off 2014” at Jenkinson’s Pavilion in Point Pleasant Beach, New Jersey. Listeners started lining up the night before and were packed in the venue by 5:30am for the traditional Summer Kick-Off event.
Russia’s CTC Media close content deal with Hulu
CTC Media, Russia’s largest publicly traded television company, said it’s near a deal for Hulu to carry its
Scripps Networks Interactive names Travel Channel SVP/CFO
Kellie Goldstein has been named SVP and CFO for Scripps Networks
‘American Ninja Warrior,’ ‘MasterChef’ return down; ‘The Bachelorette’ hits low
FOX was number one Monday among adults 18-49 while ABC won with total viewers. On FOX, the season premiere of MasterChef garnered a 1.4...
KMJE-FM Sacramento sale closes
Kalil & Co. announced the closing of Spanish AC KMJE-FM, Placerville, California in the Sacramento
Twitter: Agency deals highlight ongoing business traction
The Wall Street Journal is reporting that Twitter and Omnicom have announced an agreement worth a reported $230mm over the next two years. Our view is that the news reflects positive business momentum for Twitter and the fact that Twitter can sustain its revenue growth independently of growth in numbers of users given the Twitter’s uniqueness as a communications medium for marketers.
Litany of licenses: granted and dismissed
Here’s a list of the FCC’s latest licenses, construction permits and transfers of control—granted and dismissed—for TV, AM and FM. This list is current as of 5/19/14:
Macy’s makes a move
In the Media Monitors’ TV Spot Ten last week, McDonald’s remained in the #1 slot with 19,265 spots. Nissan stayed at #2 airing 15,348 spots, while Macy’s soared from #62 to #3 with 14,846 spots.
NY Times: DOJ, FCC should block Comcast-TWC merger
There are good reasons the Justice Department and the Federal Communications Commission
Too many online ads being viewed by bots
Both the Financial Times and the Wall Street Journal have drawn attention over the Memorial Day