Legacy

Entravision Communications reported its Q1 2018 financial results after Tuesday's Closing Bell, and Chairman/CEO Walter Ulloa remarked during his company's quarterly earnings call that the results were in line in expectations. That's largely thanks, once again, to its fast-growing digital division.

The "first network dedicated to sports gambling information" has just announced its first terrestrial radio partnership. It's with a Class A AM radio station easily heard in seven states owned by a company with a big thirst for sports: Entercom.

Worried about your company's Q1 performance against tough comps? You ain't got nothin' to fear compared to what this digital darling reported on Tuesday. Brian Wieser of Pivotal Research Group took a peek at Snap Inc.'s first quarter results. It's not pretty.

The NAB is now accepting officially submitted suggestions for the 2018 NAB Marconi Radio Awards. If you'd like to nominate a station or on-air personality in recognition of their overall excellence and performance in radio, your time is limited. 

The man who has served as SVP/Sales for iHeartMedia's Washington, D.C. stations is heading up I-95 to take the company's top job in Charm City. Effective immediately, a 19-year media veteran who began his career with Clear Channel in New York's Capitaland region is now Market President of iHeartMedia's Baltimore station group. 

American Enterprise Institute columnist and blogger James Pethokoukis believes that, like many Capitol Hill observers, "writing a bill is a whole lot easier than building enough consensus to pass one, especially in a contentious Congress in a midterm election year." That said, what should the Federal government do to regulate Facebook? Here are his thoughts, which could result in action that has unintended consequences on your ad revenue.

A Class D facility with a complex signal that covers the Atlanta market during daylight hours but barely reaches the northwest corner of the metro after dark is trading hands. At present, this station is branded as "The Talk of the Town." That's going to change, and its 14-year PD — along with 15 part-time and full-time staffers — will soon be out of jobs.

You still have time to register for a FREE Thursday webinar that will give you and your team fresh new insights on how "AI" can be applied to your radio and/or TV station's programming and sales efforts. Hosted by RBR+TVBR Editor-in-Chief Adam R Jacobson, this exclusive VIP session with two Veritone executives promises to provide broadcast media's C-Suite with great information that can immediately create new revenue opportunities.

A Texas Radio Hall of Fame inductee known for bringing KHFI-FM's long-running Top 40 format to life in Austin and for running one of America's legendary R&B stations in Houston has died. Dick Oppenheimer, who owned nine radio stations across three states in the mid-1980s and more recently headed the Austin-based REO Radio Group, died suddenly on Wednesday (3/21). His funeral is planned for Friday (3/23), son Michael Oppenheimer, Local Area Director for Comcast Spotlight in Washington, D.C., tells RBR+TVBR.

With the promotion of Klarn DePalma to EVP of MNI Targeted Media, Meredith Corp. has promoted its 12-year News Director at its CBS affiliate serving the Constitution State to the role of VP/GM.

Has iHeartMedia staged a surreptitious "fraudulent and otherwise wrongful" plan to shrink the dollars they believe are owed to them? That what the company's legacy noteholders claim is the biggest problem with the media company's Chapter 11 restructuring plan it has submitted to a Texas bankruptcy court, and on Wednesday moved forward with an adversary proceeding in the case.

The enterprise-class SaaS technology company that happens to be a wholly owned subsidiary of Nexstar Digital has just named its new SVP the Head of this entity. Taking the dual roles at LAKANA LLC is Karen Brophy.

Seven U.S. radio broadcasting industry companies are owed several millions of dollars from iHeartMedia. Much of it is "trade payable," but there's one company that sticks out from the others in regard to the cash it hopes to collect from the nation's top radio station operator. That would be Nielsen.

A Chapter 11 bankruptcy filing and reorganization plan isn't exactly grim news for the company widely known for its iHeartRadio App, its just-concluded iHeartRadio Music Awards and an array of superstar talent including Ryan Seacrest, Elvis Duran, and Bobby Bones. In fact, iHeart Chairman/CEO Bob Pittman praised the moves as necessary for a "highly successful operating business" to get fiscally fit.

After being called out by Entercom in the company's Q4 and full-year 2017 earnings call for nonpayment of services, leading to a $4 million write-down of revenues, United States Traffic Network (USTN) has completed a management-led buyout of the company. The buyout was spearheaded by its President.