HD Radio Parent Xperi Hikes Revenue, Cash Flow Guidance
Xperi Holding Corporation, with a market cap of $1.53 billion, could end up pleasing investors a little bit more come early August, when its Q2 2022 earnings results are scheduled for release. The company has increased both its annual revenue and its operating cash flow guidance for the year.
Audio Consumption Trends With Hispanics: ¿Qué Onda?
The U.S. population 13+ spends 4 hours and 5 minutes per day listening to audio. This number was "sinking," but in 2021 rebounded — perhaps a pandemic-fueled trend. However, with the rise in podcasts and streaming audio, the "Share of Ear" is greater. Where to Latinos stand on all of this? "We are carrying the team," Edison Research Director of Research Gabriel Soto shared with Hispanic Radio Conference attendees.
The Hispanic Radio Outlook: There’s Work to Do …
With Tom Castro and Jay Meyers onstage, a capacity Hispanic Radio Conference audience was treated to provocative dialogue and questioning that also included two longtime leaders who continue to reach new heights today — Albert Rodriguez and Otto Padrón. All were participants in the well-received Hispanic Radio Leadership Roundtable.
The InFOCUS Podcast: Rick Sanchez
In this InFOCUS Podcast, presented by dot.fm, veteran TV journalist Rick Sanchez — who delivered a Keynote Address on Wednesday at the Hispanic Radio Conference in Miami — shares his philosophy behind what makes newly launched Latinx-focused podcast entity Agua Media unique and why marketers and consumers like have been craving such content but haven't yet gotten it — until now. LISTEN HERE
The Biggest Radio Transaction In Three Years Has Closed
On March 25, the single-largest transaction to involve AM and FM radio stations (until the Emmis/Indianapolis deal announced June 13), was agreed to by the buyer and seller. This saw the pending end, pending FCC approval, of a small- to-midsize market radio, digital marketing and events company serving markets in the western U.S. The deal, which saw Kalil & Co. serve as the exclusive broker, representing the seller, has now closed.
The InFOCUS Podcast: Buddy Shula
What does Buddy Shula have to say about his little radio operation that could? He shares his thoughts while also chiming in on why he's stayed in Buffalo since 1983, as well as the recent Tops Family Markets tragedy, in this fresh InFOCUS Podcast, presented by dot.FM. LISTEN HERE
Hispanic Radio Conference Co-Host’s Show Adds New Affiliates
He's the co-host of the Hispanic Radio Conference, the annual two-day conference that begins Wednesday in Doral, Fla. Now, the show he helms that is syndicated by Entravision has picked up four new affiliates — including a market in the Keystone State with a growing Latino audience.
Comment Period Opens On Fifth ‘Franken FM’ NPRM
As of today, interested parties can tell the Commission exactly what they think about any amendment of "Parts 73 and 74 of the Commission’s Rules to Establish Rules for Digital Low Power Television and Television Translator Stations." A formal comment and reply comment period has commenced.
Celebrate Hispanic Radio’s Best Starting Wednesday
Radio + Television Business Report, in partnership with Radio Ink, is proud to present the 2022 Medallas de Cortez awards. The ceremony will be held in Miami on Wednesday during the 13th Annual Hispanic Radio Conference.
Bob Pittman To Serve as Forecast 2023 Honorary Chair
Broadcast media’s most prestigious leadership conference, Forecast 2023, is celebrating its 20th year by announcing that iHeartMedia Chairman/CEO Bob Pittman will serve as Honorary Chair. Serving as Radio Chair is iHeartMedia's Multiplatform Group CEO.
Urban One Discloses Emmis/Indianapolis Price Tag
Urban One on Friday disclosed in a SEC filing the results of its Board of Directors election, held Tuesday at its annual shareholders' meeting. Buried at the end of the results: a short note about its proposed acquisition of Emmis Communications' last remaining cluster, minus presently silent WFNI-AM, in Indianapolis. The purchase price was disclosed.
Central Calif. Radio Station Owner Dies In Paragliding Accident
The owner of Knight Broadcasting, which owns and operates three radio stations in the Santa Ynez Valley Wine Region of northern Santa Barbara County, was killed in a paragliding accident. The incident occurred on Wednesday, with staff notified of Shawn Knight's passing early Thursday.
Oxenford Files Asset Transfer Asks For Steve Marks’ Widow
The veteran broadcast radio and TV station owner's May 2022 passing means a change in the ownership of his collection of properties held by licensees. As such, Wilkinson Barker Knauer attorney David Oxenford has started the process by seeking a transfer of control of a Country with some "WOW" factor to Marks' widow, Mary.
RMLC Files Petition for Rate Determination Against ASCAP, BMI
The Radio Music License Committee on Wednesday filed a petition for the determination of reasonable license fees against two of the biggest AM and FM royalty payment recipients in a consolidated proceeding before a single judge in a New York Federal District Court. ASCAP and BMI are hardly pleased by RMLC's action.
ARC Links With Compass Across North America
The software company that has developed a sales and automation program for broadcast media has entered into an agreement that allows networks, producers and other radio service providers to easily find any radio station to connect with. It involves the national programming supplier headed by CEO and founder Peter Kosann.