Spotify Head Addresses His Joe Rogan Issue
Who knew signing the most successful podcaster in the world would become such a headache? In addition to reporting quarterly earnings on Wednesday that includes a weaker Q1 2022 forecast and the revelation that it will no longer offer annual guidance, Spotify CEO Daniel Ek had to field questions about the growing discontent from content creators over the Rogan show.
Morning Glory? A Pre-Market iHeart Q4 Earnings Release Is Set
For Q4 2021, iHeartMedia is going with a pre-market release on a Wednesday. Is it a sign that the nation's No. 1 audio content creation and distribution company is poised to report some of its best-ever numbers?
Former Real Estate Multi-Millionaire Grabs Beasley’s Boca Assets
Marc Paskin made a name for himself as a philanthropic multi-millionaire who made his riches in real estate. In 2015, he became a radio station owner. Now, he's rebuilding his broadcast assets by making a deal with Beasley Media Group.
Spotify Shares Sink As Annual Guidance Ends
Spotify shares ended Tuesday's trading day at $203.62, marking a small comeback of sorts for a stock dip precipitated by a spat over Joe Roggin's podcast and its content. Then came Spotify's fourth quarter 2021 results. This sparked a major sell-off, with SPOT down by more than 21% in early after-market trading on the NYSE.
Oxley Testifies To Congress On Free Press Needs
While the House Judiciary Committee spent more than 2 1/2 hours debating the "American Music Fairness Act" on Wednesday morning, the Senate Judiciary Committee's Subcommittee on Competition Policy, Antitrust, and Consumer Rights held a hearing devoted to "journalism, competition, and the effects of market power on a Free Press."
NAB Chief To Congress: Music Industry ‘Unwilling’ To Negotiate
Of the witnesses that appeared in a virtual House Judiciary Committee hearing held Wednesday morning to debate the "American Music Freedom Act," NAB Chairman/CEO Curtis Legeyt perhaps provided the most objective commentary as to why the proposed legislation is unjust and would impose financial burdens on radio stations of all sizes across the U.S.
A Stellar End of 2021 For SiriusXM
How did SiriusXM fare in the final three months of 2021? It surpassed revenue expectations, as the company shared a positive outlook for investors. Better yet, a special dividend is on the way for shareholders.
Beasley Schedules Its Q4 Earnings Release Call
The company led by Caroline Beasley and publicly traded on the Nasdaq Global Markets exchange has decided when it will release its fourth-quarter and full-year results for 2021. It will be the first Q4 report in the broadcast sector to be released, based on the current schedule.
Michelle Carey Exits As Media Bureau Chief
She's served as a Senior Legal Advisor to former FCC Chairman Kevin J. Martin, and in May 2017 rose from Deputy Chief to Chief of the Commission's Media Bureau. Now, Michelle Carey is moving on from the FCC's legislative hub for all things involving broadcast media regulatory policy.
AdsWizz Links With SiriusXM for ‘Listener Identity’ Sales Ability
Has SiriusXM just taken one important step toward bringing personalized ads and promos to audio content consumers? A new tool powered by AdsWizz may very well be the closest thing "Radio" has had to offer marketers yet, outside of streaming audio opportunities.
Indeed, There Is Scant Advertiser Use of Spot Radio
The latest peek at the play counts of advertising by campaign at Spot Radio once again shows that promotional announcements from iHeartRadio outnumber everything except one key paid user of AM and FM stations tracked by iHeart-owned Media Monitors. The newest Spot Ten Radio report also suggests that podcast promotion is taking up slots that more paid users of AM and FM radio could harbor.
Are Supply Chain Woes Putting Nielsen Sample Targets At Risk?
According to a media report, Nielsen has just informed its clients that getting Portable People Meters (PPMs) has become problematic. As such, reaching its sample targets won't likely happen. A Nielsen spokesperson did not immediately respond to RBR+TVBR's request for comment.
Ed Christian Stays With Saga A Little Longer
As of January 25, the President/CEO and Chairman of the Board of radio broadcasting industry pure-play Saga Communications has a new compensation and employment agreement with the company he leads.
Entravision’s Long-Awaited AZ Dial Change Inches Forward
On July 23, 2019, Entravision Communications filed an application proposing to upgrade one of its stations. It is still waiting to do so. But, it is one step closer to this goal — one that sees the station's simulcast partner moving ever-closer to claiming the 106.7 MHz on the west side of the Valley of the Sun. It is thanks to a Memorandum Opinion and Order issued this week by the FCC.
Roger Wahl Gets a Rescheduled Pre-ALJ Hearing Conference
A new date has been put on the calendar for this all-important event, which could be Wahl's last gasp at holding on to ownership of his Pennsylvania FM radio station.



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