Nine Radio Groups Chime In On ’22 Quad Review
Add Connoisseur Media, Townsquare Media, Mid-West Family Broadcasting, Midwest Communications, Frandsen Family Stations, Forever Media, Neuhoff Communications, Eagle Communications and the licensee controlled by media broker Susan Patrick to the list of entities who have chimed in on the FCC's 2022 Quadrennial Review of its media ownership rules.
A Forthcoming Lone Star FM Trades Hands
In July 2022, chatter on RadioDiscussions.com noted the future arrival of a 100kw radio station licensed to a town adjacent to Corpus Christi, Tex., on the Gulf of Mexico. Now, this yet-to-debut FM is being sold.
Sirius XM Confirms A Significant Reduction In Force
A memo distributed on Monday by the CEO of Sirius XM has shed light on a large round of layoffs the nation's subscription-based satellite radio company has decided to undertake. The job cuts come as Sirius XM's stock flirts with prices last seen in October 2016.
An ‘Extremely Disappointed’ Would-Be AM Owner Laments D.C. Court Ruling
William J. Schwab II, a.k.a. Don Elliot, had an opportunity to build a new AM at 1500 kHz in Southern California, with Culver City as its home. That hasn't happened yet, and the FCC says it never will, based on time running out. Elliot protested, and presented an argument explaining how that wasn't fair. Now that fight has reached its conclusion.
Moonshots, Guideposts and Tech Reports Secured By Salem
Salem Media Group has acquired a series of investment newsletters focused squarely on the subject of technology. They are authored by a man Salem describes as "an established investor, writer and economist with an uncanny ability to foresee how new breakthroughs will play out, years in advance."
NAB: 2022 Quadrennial Review A Rerun Of Unfinished ’18
Reiterating statements made in February, the NAB stated in a filing with the FCC that its 2022 Quadrennial Review of its broadcast media ownership rules "appears to be a waste of time and resources." Why such a harsh assessment from the NAB? Because the FCC has not fulfilled its statutory obligation to complete the 2018 quadrennial review.
Broadcast Radio: Holding its Own In-Car During Drive Time
"Despite the steady increase of Internet-connected infotainment systems in vehicles, broadcast radio continues to hold its own." That's the key conclusion of a "VoodooVision" consumer study released today, noting that AM and FM remains competitive with podcasts and Digital Streaming Providers.
All Ears: Online Audio Consumption Hits Record High
The portion of Americans who listen to any kind of online audio, and those who listen to podcasts, have reached record highs. That's a key takeaway from the latest Infinite Dial annual study conducted by Edison Research.
Patrick Family Member Gets OK To Build A New FM
The town's population is officially 233, and serves as a collection point for barley and sugar beets grown in the area. Now, thanks to Nazifa Sawez and the FCC, it is poised to get a brand-new FM radio station. The owner-to-be is noted broker Larry Patrick's daughter.
The InFOCUS Podcast: Craig Fugate
With much discussion about AM radio's removal from EVs and a sudden response to save AM from across the industry, Obama Administration-era FEMA head Craig Fugate shares why AM "is such an interesting communication and warning system" in this InFOCUS Podcast, presented by dot.FM. LISTEN HERE
Neal Ardman Takes On ‘Big Auto’ With A Big AM Push
A Florida licensee of AM radio stations has teamed up with a broadcast engineer to launch an initiative they say can "force" the big EV manufacturers to stop causing interference to the AM band.
Following LMA Deal, ‘Vision Latina’ Parent To Buy KWIZ
It's a Class A FM in Orange County, Calif., owned by the forerunner of Estrella Media since 1987. On January, an LMA agreement with a Hispanic-focused broadcast ministry was struck. Now, that ministry is agreeing to purchase KWIZ-FM.
Salem Confirms Its Q4 Earnings Release Date
Salem Media Group, which trades on the Nasdaq and was up 4.5% in immediate after-hours trading to $1.39 on Wednesday, has announced when it plans to report its fourth quarter 2022 financial results.
Saga OKs Quarterly Dividend
In June 2021, Saga restored its quarterly dividend, suspended one year earlier in response to the COVID-19 pandemic. Since then, cash payouts of $0.16, and $0.20, per share were declared. Now, the Saga board has declared a quarterly cash dividend that is even richer for shareholders.
The InFOCUS Podcast: Paul Jacobs
The NAB Show is expecting upward of 70,000 attendees and is looking to be a big conference for broadcast technology and cool gadgetry of use for radio and TV. In the first of several conference preview episodes of the InFOCUS Podcast, presented by dot.FM, we speak with Paul Jacobs of Jacobs Media. LISTEN HERE