Bill Hendrich To Retire, But Still Advise, Cox Media Group
On May 6, the transition of Cox Media Group to new ownership, with Apollo Global Management taking a big stake in what is today a reconstituted company, saw the departure of Kim Guthrie as President/CEO. Other high-profile members of the CMG family also exited over the following weeks. Now, after three decades with Cox, its EVP of Radio is retiring.
SCOTUS Selects Date For Remand Case Oral Arguments
Ajit Pai's legacy at the Commission could stand on a Supreme Court decision on the FCC's "modernization" effort that would deregulate local media rules for broadcast radio and TV station owners. Whether the rule change stands, or SCOTUS sides with the Third Circuit in a rule remand, begins just 24 hours before Pai's final day as FCC Chairman.
Radio’s 101st Year: What Could It Bring?
In this exclusive commentary, programmer/consultant-turned-licensee Clark Smidt notes that, as Radio celebrates its centennial, it came of age in a similarly problematic pandemic. While much has changed, there's one commonality that very much matters more than a century later.
Forecast LIVE 2021: The Post-Pandemic Plan For Radio’s Leaders
Radio's Financial Summit, Forecast, has always been about predicting the future with data points and trends. This year, Forecast LIVE will present a series featuring candid responses by radio industry leaders to this question: "How has COVID-19 changed your approach to inventing the future and what resulting new opportunities do you plan to continue post pandemic?"
Add Another Big Investor Event To iHeart’s C-Suite Slate
Bob Pittman and Rich Bressler will be starting the final month of 2020 with not one, but two, big appearance at key institutional investor conferences. That's because it is now known that the December 1 2020 Wells Fargo TMT Summit won't be the only event iHeartMedia's CEO and COO/CFO, respectively, will be presenting its growth story.
An Ohio Radio Legend Readies For Retirement
In the summer of 1982, Dave Crowl could be found at WLVQ-FM in Columbus, Ohio, as General Manager. He was six years into a 44-year career as a successful radio broadcasting leader. It will conclude at the end of this year, his current employer, Cumulus Media, has revealed.
SBS Ends November With Q3 Earnings Reveal
With its publicly traded shares heading toward a delisting from the OTC Pink sheet and the COVID-19 pandemic disrupting its full abilities to generate strong free cash flow across its radio stations, Miami-based Spanish Broadcasting System will release its third quarter 2020 results on Monday.
InFOCUS Podcast: Greg Loose, Veritone
The U.S. is entering the eighth month of the COVID-19 pandemic, and that’s led to a variety of shifts in media management that largely involve remote work needs. What sort of role has Veritone Inc. played in aiding this transition, whether temporary or permanent, post-pandemic? We get the answer and more in this latest InFOCUS Podcast, presented by DOT.FM. LISTEN HERE
COLA Given to non-NPR Compulsory License Royalty Rate
The Copyright Royalty Judges have approved a cost of living adjustment to the royalty rate that noncommercial radio stations at certain colleges, universities, and other educational institutions not affiliated with National Public Radio must pay for the use in 2021 of published nondramatic musical compositions in the SESAC repertory.
Top iHeart Execs Set For Big TMT Summit Q&A
Are you an iHeartMedia shareholder and curious about the vision for the future at the nation's No. 1 media company? Perhaps listening in on a question and answer session with Bob Pittman and Rich Bressler scheduled for December 1 is something to put on your calendar now.
Entravision Joins The Pack With Its Own Streaming App
Hispanic consumer-focused Entravision Communications has just rolled out its own app, which houses not only streams of its terrestrial radio stations but also live chat capabilities, podcasts, playlists and social media channels -- starting in 2021.
Big Gains For Cumulus, iHeart Shares Continue On Monday
Two of the nation's biggest audio media companies each saw their shares surge across Friday's trading on Wall Street. The big gains continued on Monday, with iHeartMedia and Cumulus Media both enjoying double-digit percentage growth in mid-afternoon trading.
A Forthcoming L.A. AM’s Valley FM Translator Push Thwarted Again
After nearly 40 years, the 1500 kHz signal in Los Angeles will once again be home to a local radio station. The licensee wanted an FM translator to assist with its programming dissemination. However, that plan has been given the "No" by the FCC, and Estrella Media has a role in the denial.
Decision-Challenging Information, Delivered At Forecast 2021
Be part of the 18th annual Forecast conference, presented virtually this year as Forecast LIVE. The event will play out over two sessions: Tuesday, December 8, and Wednesday, December 9. Who are just some of the industry luminaries and notables coming to Forecast LIVE? "Read more" now, and be sure to register today!
Former Cumulus CFO Takes Similar Role At CMG
He's been the Chief Financial Officer at such radio station ownership groups as Cumulus Media and the former Lincoln Financial Media. Now, he's the EVP/CFO of Cox Media Group.