Stocks mixed; S&P 500 closes at record high
Stocks finished the week and the month with solid gains, even as Friday's rally gave way to choppy trading alongside rising concerns over the...
WNEW to focus more on Baltimore than DC
CBS Radio’s all-news WNEW-FM (99.1) DC is repositioning itself 3/3 as a Maryland station focused on
Wheel steals back the #1 spot
CBS Television Distribution’s “Wheel of Fortune” stole back the number one spot back for the week of February 2-16. The weekly chart comes from...
Cumulus debuts NASH FM in Columbia, SC
Cumulus announced the expansion (2/28) of the NASH Country music and lifestyle brand to
FCC pulls CIN study; Upton-Walden praise
Under pressure, the FCC announced 2/28 it has pulled the plug on its Critical Information Needs study
Liberty Media Q4 up on SiriusXM buy
Liberty Media's revenue increased $981 million to $1.0 billion in Q4 and $3.6 billion to $4.0 billion for
Over 200 House members now support LRFA
A bipartisan group of eight members of the House of Representatives and one Senator have signed on as
“The Jet 100.7” launches in Pensacola
WCOA-FM Pensacola, FL switched from a News/Talk simulcast with sister station WCOA-AM 1370 on
Linking radio tuning to buyer behavior
Linking radio station tuning data to consumer purchase information is the best way to ensure that radio advertising is being heard by consumers who are eager to listen, so says a report from Nielsen Audio. According to a recent major market pilot test by Nielsen, for the first time, a connection can be drawn between what consumers listen to on the radio and how they spend.
Entravision Q4 was down 6%
Entravision Q4’s revenue was $60.1 million, down 6% compared to Q4 of 2012. The decline was solely due to almost $9 million of nonrecurring political revenues that were booked during the quarter. Of the overall decrease, $2.7 million was generated by their television segment and was also attributable to a decrease in political ad revenue. $1.0 million of the overall decrease was generated by the radio side, also from a decrease in political ad revenue.
Salem Q4 up 3.5%
Salem Communications’ Q4 revenue increased 3.5% to $62.7 million from $60.6 million in Q4 2012. Total operating expenses were up 5.3% to $53.0 million from $50.3 million. Net broadcast revenue were up slightly--1.0% to $47.4 million from $47.0 million. Station operating income decreased 4.0% to $15.8 million from $16.5 million; and same station net broadcast revenue increased 0.2% to $47.0 million from $46.9 million.
KPTO-AM sold in Utah
Freedom’s Voice Broadcasting Corporation of Draper, Utah has purchased KPTO-AM licensed to
S&P 500 closes at record
The benchmark S&P 500 closed at a fresh record Thursday, as investors welcomed dovish remarks from Federal Reserve Chairwoman Janet Yellen before the Senate...
ESPN Deportes NYC re-ups with Mets
ESPN Deportes Nueva York 1050 AM announced an agreement with The New York Mets and CCME to continue airing Mets games in Spanish through the 2016 season.
EL Zol 106.7FM, Walmart present “The King of Bachata”
On 2/27, SBS’s El Zol 1WXDJ-FM Miami got together with Walmart, giving listeners the chance to meet Romeo Santos face-to-face with an autograph signing at the Doral Walmart starting at 5:00 p.m. for the release of his new album "Formula Vol. 2."