A ‘Personal AI DJ’ On Spotify: Another Threat To Radio?
Introducing the latest potential threat to the radio industry's air personality: An entirely computer-generated simulation, now ready to entertain on a platform young people may gravitate to more than FM — Spotify. Should Radio laugh, or be genuinely concerned? This RBR+TVBR Observation says there's one key takeaway all in Radio should consider.
Ben Downs, Bryan Buy A Lone Star FM
The company overseen on a day-to-day basis by Texas Association of Broadcasters 2010 Broadcaster of the Year and company VP/GM Ben Downs and led by President William Hicks has agreed to acquire a Bull ... a 22,500-watt bucking bronco of a FM.
The InFOCUS Podcast: Tim Marshall
KBRY-FM 92.3 in Broken Bow, Neb., is being acquired by the Nebraska Rural Radio Association. Why? NRRA CEO Tim Marshall shares his thoughts in an exclusive conversation with RBR+TVBR's Editor-in-Chief Adam R Jacobson in the latest InFOCUS Podcast, presented by dot.FM. LISTEN HERE
Urban One’s Richmond Casino Plan: New Momentum?
The quest for getting voter approval in Richmond, Va., for a casino hotel has been a tough one. But, there's renewed hope for Urban One. An alternative plan for a site to the south in Petersburg, Va., has fallen flat with Commonwealth of Virginia legislators. That scenario had removed Urban One from involvement in the project.
Corus Shares Slide On Word Of Amended Credit Deal
Shares of Corus Entertainment Inc. stock tumbled by 12.4% on Tuesday after the owner of broadcast media stations across Canada announced Friday that it has completed an agreement to amend its March 2022 "Sixth Amended and Restated Credit Agreement" with its bank group, led by RBC Capital Markets and TD Securities.
A Steady Flow of Spot Radio Activity for Progressive
The latest Media Monitors Spot Ten Radio report shows that the auto insurance category, once a ferocious one for AM and FM radio in the U.S., has evolved with respect to the multiple advertisers that relied on Spot Radio to help grow their brands. Absent this week is GEICO. Meanwhile, the home of Flo and Jamie is the big No. 1 by fully paid spots.
Cumulus’ Q4 ’22 Results Arrive Thursday. What’s Expected?
The fourth quarter and full-year earnings from audio content creation and distribution company Cumulus Media, parent of national radio entity Westwood One, are being made public as the sun rises on Thursday. An 8:30am Eastern earnings call hosted by CEO Mary Berner is on the calendar. What's the forecasts from analysts?
Majic Tones Readies Takeover of Western N.Y. Radio Operation
It is the only radio station directly serving Genesee County, N.Y., between Buffalo and Rochester, offering news, weather, local sports, obituaries, "radio auctions" and on-air hosts based in the community. Soon, the AM with two FM translators will come under new ownership, pending FCC approval.
A Former Quincy Media Flagship AM Says Farewell
It has a rich history of providing news, music, and sports from Quincy, Ill., for nearly 70 years. It debuted on January 1, 1948. Today, it is at 1440 kHz and is licensed as a Class B AM with 5kw during daylight hours and 1kw at night. On March 1, the station will sign off the air. Its programming will supplant the content presently heard on its younger FM sibling, which will say farewell to the News/Talk format.
National Struggles, Big Impairment Loss Sting Beasley In Q4
An 11am Eastern earnings call was held on Thursday morning, with CEO Caroline Beasley and CFO Marie Tedesco discussing the results. Were the company's results in line with estimates provided by the two Wall Street analysts tracking Beasley?
Cumulus’ Lehigh Valley Leader Adds NEPA Purview
Since 2014, she has held the role of VP/Market Manager for Cumulus Media's five radio stations serving Pennsylvania's Lehigh Valley. Now, she's expanding her duties to become Regional VP/Market Manager, adding duties for the company's Scranton-Wilkes Barre stations to her oversight of the Allentown-Easton-Bethlehem market.
In Upstate S.C., SummitMedia Ups Jones To President
She's been associated with two FM radio stations serving Greenville-Spartanburg and nearby Anderson, S.C., for some 15 years. Now, this longtime sales leader has been named Market President for those properties and their two HD multicast offerings.
Audacy To Wind Down Two AMs in Las Vegas
As of March 1, a pair venerable AMs serving Las Vegas, today owned by Audacy Corp., will go dark. Why? A valuable land sale that will result in the dismantling of their towers, with no new home, is the reason.
How To Make Audio Ads More Effective
Audacy Corp. has teamed with Veritonic in conducting a study designed to how to make commercials "most effective," whether they be on broadcast or on-demand channels. What was the study's biggest finding? There are four key features maximize intent to purchase, recall, and brand favorability.
WPEL Owner Grabs A Twin Tiers FM Translator
In August 2021, Family Life Ministries executed a sale agreement with Montrose Broadcasting Corp. that saw the latter entity pay $50,000 for what is today WPGO-AM 820 in Horseheads, N.Y. Now, Montrose is picking up an FM signal to go along with formidable AM serving the Twin Tiers of New York and Pennsylvania.