Sirius XM looks at its future
Economic conditions, particularly the slowdown in new car sales, has caused Sirius XM to cut its subscriber projections for this year and next. Nevertheless, the satellite radio company is sticking with
Suleman vows to outperform in 2009
Citadel Broadcasting has been underperforming a challenged radio industry, and Q3 revenues were down double-digits. CEO Farid Suleman told analysts that with format and management
Entercom suspends dividend
With its stock beaten down to around a buck, Entercom’s cash dividend of 10 cents per quarter – 40 cents per year – had...
"Anything, Anything" with Rich Russo debuts on WRXP
101.9 RXP “The New York Rock Experience” announces the launch of Anything, Anything“ a two hour music intensive showcase of rock as selected by...
Fisher Q3 Radio revenue down 9.9%
Fisher Communications’ Q3 revenues were $41.9 million, compared to $40.8 million in Q3 2007, a 2.8% increase. The increase in revenue was primarily due...
Cumulus RFP update is vague
Cumulus Media CEO Lew Dickey told analysts today that the company’s RFP for ratings service for its 100+ ranked markets will come to a...
Arbitron updates litigation status
Arbitron noted in its Q3 results that legal costs were taking a toll as the company battles on several fronts over its rollout of the Portable People Meter. Most recently, the company filed notice that it plans to appeal
PPM hitting Arbitron’s targets
Arbitron quit holding monthly conference calls while it battles in court over its Portable People Meter rollout, but yesterday it released its monthly report...
Danny Bonaduce returns to Philadelphia
Danny Bonaduce returns home to anchor mornings on 94WYSP beginning Monday. The Danny Bonaduce Show will broadcast from WYSP’s 400 Market Street studios. Bonaduce...
Cox Radio Q3 profit down 21%
Cox Radio Q3 profit fell 21% on continued overall weakness in advertising, but the results still managed to surpass analysts' estimates. Net revenues were...
Arbitron adjusts PPM roll-out
Four markets will get Portable People Meter (PPM) ratings sooner and five later under adjustments that Arbitron announced yesterday to its PPM roll-out schedule. Sooner: Kansas City, San Antonio
CRB Hall of Famers
Merle Haggard and Shelia Shipley Biddy will be honored by the Country Radio Broadcasters at the Country Music DJ and Radio Hall of Fame...
Salem Media Seattle announces programming changes
Salem Media of Seattle has announced several programming changes at three of its five radio stations. KKOL (1300AM) now offers a 24-hour business news...
Interep wind-up moves forward
Still no announcement of a buyer, but bankruptcy judge Robert Drain has entered an order giving trustee Kenneth Silverman approval to employ legal counsel....
Moody’s considering downgrades for two radio companies
Radio One and Cumulus Media are on the hot seat. Moody’s Investors Service has placed both companies under review for possible downgrades of