A ‘Militia’ Brings A New FM To A Town Ready To Lose One
For nearly a week, Meyersdale, Pa., now has a second full-power FM radio station to tune to. A nonprofit organization fired up its new facility after a move from a low-power FM licensed to a different radio frequency. The upgrade comes as embattled license Roger Wahl awaits a final decision from the Commission on a license revocation tied to his status as a convicted felon.
Lotus Parts Ways With San Joaquin Valley AMs
Along with Lotus Broadcasting's Bakersfield-market "Radio Lobo," "La Ley, "El Gallito," and English-language Oldies "Q92.1" is a AM simulcasting KWKW-AM in Los Angeles' "Tu Liga"-branded Spanish-language Sports Talk format. Soon, the home for "Tu Liga" in the city north of L.A. will be handed to a new owner. And, in a separate deal, an AM in Fresno will be spun to the same buyer.
The InFOCUS Podcast: Cathy Atkins, Zimmer Comm.
It's called fuze32, and its an in-house marketing and creative agency at Zimmer Communications in Columbia, Mo., launched in 2015. Why? One of the big reasons was to share information and attract leads via the website. The benefit has been big, and Zimmer's Cathy Atkins discusses how Zimmer's "Radio Advertising Resource Guide" came to life in this exclusive RBR+TVBR InFOCUS Podcast, presented by dot.FM. LISTEN HERE
Broadcasters Foundation President Jim Thompson Loses Cancer Battle
Jim Thompson, who fought a valiant struggle against throat cancer for nearly a year, passed away last night in Summit, N.J., at the age of 75, surrounded by his family.
Four ‘Megaradio’ Employees Slain In Latest Mexican Violence
On Thursday evening, another act of violence rocked Ciudad Juarez, Mexico. This time, four individuals associated with a radio broadcasting company serving listeners on both sides of the U.S.-Mexico border were killed.
Dark Uvalde, Tex., Stations Sold For $200
On May 25, RBR+TVBR shared the story of Mario Rangel, a key employee at South Texas Radio and the chief of the Uvalde Volunteer Fire Department in Uvalde, Tex. Rangel had just departed the elementary school when a gunman entered and opened fire. His daughter was safe; 19 Robb Elementary students perished. One month later, economic challenges silenced South Texas Radio. Now, its stations have been sold.
Final Results of Emmis Tender Offer Arrive
The final results of a cash tender offer to purchase up to 1 million shares of its Class A common stock have been released by Emmis Corporation, the Indianapolis-based operation founded by Jeff Smulyan that is exiting radio station ownership to focus on other technology-driven endeavours.
Goldman Sachs Trims Long-Term Outlook for iHeartMedia
The nation's No. 1 creator and distributor of audio content has joined Audacy Corp. in being bestowed with a noteworthy downgrade of its stock, as Goldman Sachs has just lowered its rating on IHRT.
NABOB Expresses ‘Broad and Deep’ ZoneCasting Support to Rosenworcel
The lobbying efforts to get the FCC to say yes to a proposed rule that would permit program origination on FM boosters — the lynchpin to GeoBroadcast Solutions' "ZoneCasting" technology — have reached new heights, as the National Association of Black-Owned Broadcasters (NABOB) offered its "broad and deep support" of the proposal directly to the Commission's Chairwoman.
Progress, As HD Radio Parent Tops Earnings Estimates
“We are excited with the progress we made against our strategic initiatives across the business.” Those are the words of Xperi CEO Jon Kirchner, commenting on the second quarter results for the parent company of such brands as HD Radio. How did Xperi perform, fiscally speaking, in the three-month period ending June 30?
An Inspired AM Twin Spin For Salem in Seattle
He's the EVP and Secretary for Salem Media Group family member Inspiration Media. This explains why Salem legal head Christopher J. Henderson (pictured) on June 23 signed off on the sale of two Inspiration stations, both AM facilities. The properties are heading to two different owners, each seeking to gain audience in the Pacific Northwest's biggest market.
A Progressive Push to the Top At Spot Radio
Across multiple Q2 2022 earnings calls, broadcast media executives noted that there's an auto insurance specialist ad-sales slump taking hold. The category, more competitive than ever, has seen Liberty Mutual Insurance aggressively go after State Farm, Allstate and GEICO, as well as the top spot holder in the latest Media Monitors Spot Ten Radio report.
Audacy Corp. Receives Low Stock Price Warning From NYSE
Audacy Corp., ahead of the release of its Q2 2022 earnings report, shared that it received notification from the New York Stock Exchange on August 1 that its Class A common stock is not in compliance with the NYSE’s continued listing standard. It has not been in compliance since June 28.
With Little Political Displacement, Saga Revenue, Income Grow In Q2
As CFO Sam Bush reviewed the "very good performance" for Saga Communications in the second quarter of 2022, he shared one particularly notable trait that puts the radio broadcasting pure-play in a unique position — political ad dollars have yet to make a significant impact for the publicly traded company. No matter. Saga's net operating revenue and net income both jumped ahead nicely, likely making lead shareholder Daniel Tisch and his Towerview LLC pleased.
Audacy, CBS Sports Announce Podcast Sales Deal
The audio content creator and distributor that owns Cadence13 and Pineapple Street has partnered with CBS Sports Digital. The agreement makes Audacy the exclusive, multi-year ad sales and distribution partner for CBS Sports' network of sports podcasts.