Saturday, September 28, 2024

Artists/labels: A marriage made in…

…well, it certainly doesn’t appear to be any place good. The Allman Brothers say that UMG Recordings is $10M in arrears of royalty payments...

Sirius offers to fix overpowered radios

To comply with its agreement with the FCC, the Sirius side of Sirius XM has been notifying subscribers that the company will, at no...

WFED Federal News Radio to move in DC

Bonneville International will move its federally-focused radio station, 1050 WFED Federal News Radio, to a full-market signal on 1500 AM and 820 AM in...

Dickey sees lack of radio pricing discipline

Cumulus Media is telling Wall Street to expect more of the same in Q3 – a 3-4% decline in revenues – after reporting that Q2 revenues fell 4.2% to $83.6 million. Station operating income was

Clear Channel Radio down 6%

CC Media Holdings, the new parent company of Clear Channel Communications, reports that Q2 revenues rose 2% to $1.83 billion. That was all due...

Outdoor gain softens CC Radio decline

The first quarterly report by CC Media Holdings, the new parent company of Clear Channel Communications, shows revenues for Q2 up 2% to $1.83 billion. The improvement is entirely due to

Univision outperforms in radio and TV

Excluding soccer tournaments and political, Univision reports that Q2 revenues were up 0.4%, so its core business is performing much better than its peers. In absolute terms

Sirius XM radio at a buck a share?

Mel Karmazin recently bought two million shares of Sirius XM for just over $1.37 each, but Goldman Sachs analyst Mark Wienkes thinks the CEO overpaid. Wienkes, who had pre-merger Sirius

Big Talker 1210, WPHT revises evening line-up

The Big Talker 1210, WPHT launches a new evening programming line-up beginning on Monday, August 18th. The Dom Giordano Show expands and moves to...

John Cooley dead after long ABC News Radio career

ABC News Radio reports that veteran correspondent John Cooley died last Thursday in Athens, Greece after a three-year battle with cancer. Cooley was believed...

Mel has Clear Channel radio in his sights

Mel Karmazin is no longer talking about satellite radio as an industry – he says Sirius XM, with $2.4 billion in annual revenues, is the second largest pure play radio company

Revenue decline for Lincoln Financial Media

Parent company Lincoln Financial Group reports that Q2 revenues declined 20.5% to $22.9 million for its radio division, Lincoln Financial Media. Operating expenses for...

Kingsley’s Country Top 40 back in Philly

Bob Kingsley’s Country Top 40 returns Country 92.5 WXTU Philadelphia, beginning this Sunday.  The return to WXTU marks the 320th station in the U.S....

Entercom, New Orleans Saints strike 3-year deal

Entercom New Orleans News-Talk-Sports WWL-AM/FM announced a three-year agreement to continue as the flagship radio station of the New Orleans Saints.WWL will broadcast Saints...

Suleman sees improvements coming from changes at Citadel

CEO Farid Suleman spelled out how changing formats and national reps will boost cash flow at Citadel Broadcasting in the future, but for Q2...