Radio News

Alpha Media will elect a new Chairman at their next scheduled board meeting, the company said in a release distributed at 10pm Pacific Sunday. Why? The Portland, Ore.-based company isn't talking, but others are.

Cox Media Group has promoted its Director of Sales for its Houston radio stations to the role of VP/Market Manager. At the same time, its Director of Sales in Orlando will now serve as the VP/Market Manager of that radio station group.

News of the healthy reward for stockholders comes just days after the company's stock reached its year-to-date low. However, Saga Communications' stock rarely suffers from big dips or gains, as we illustrate.

There are two less stations serving the Honolulu radio market. That's because SummitMedia has voluntarily surrendered the licenses of its pair of AM radio stations covering the Hawaiian island of O'ahu.

Years from now, 2018 may be remembered as the year that Podcasting became a major consumer delivery component -- and advertising magnet -- for the radio industry. To a lesser extent, broadcast TV has opportunities through podcasting, and a new report from eMarketer shows that -- despite the growth from podcasting expected between now and 2020 -- podcast advertising "represents just a tiny fraction of the U.S. radio ad market."

In June 2022, Audio Division Chief Al Shuldiner rescinded the grant for an FM translator built outside the parameters of what the licensee was authorized to do. That’s a big no-no under FCC rules, yet the licensee requested that reconsideration of the Media Bureau decision be given. Shuldiner said no.

What's the state of political and automotive advertising for the U.S. Hispanic market? That's the topic of conversation in this latest Hispanic Radio Podcast, hosted by Radio + Television Business Report Editor-in-Chief Adam R Jacobson. In this edition, Jacobson speaks with Entravision Communications SVP/Integrated Marketing Solutions Angie Balderas.

Since March 2016, he has served as a consultant to the radio industry from his longtime home base of Atlanta. Before launching his own business, he spent 16 1/2 years at Cumulus Media, most of that time as SVP of Corporate Engineering and IT. Now, Gary Kline is being mourned, as news of his passing surfaced on January 11.

The fourth quarter is here. In less than three months, Wall Street analysts expect Entercom stock to be at or near $11.50 per share. Is that a possibility or a reality? RBR+TVBR reviewed the radio broadcasting company's performance on Wall Street in Q3 and in the first four days of Q4, and it's not that great.

George Flinn Jr.'s radio properties until now have also included a Class A FM serving Nevada's second-largest market until recently as "Reno's Crazy 80's," through an arrangement with Lee Adams. Now, change is coming to this facility, as Flinn is selling it.

We aren't just in a new "golden age" for TV shows. Nielsen has just declared that we are in a "golden age of audio." Really?! Check out the highlights from its just-released Audio Today 2018 report focusing on network radio. It has some incredible new data on smart speaker home penetration, and the percentage of all radio listeners who tune to a network affiliated station every week.

An 11am Eastern earnings call was held on Thursday morning, with CEO Caroline Beasley and CFO Marie Tedesco discussing the results. Were the company's results in line with estimates provided by the two Wall Street analysts tracking Beasley?

Forecast 2019 is extremely pleased to announce that Bob Pittman will be joining David Field for a closing session you won’t want to miss. Forecast will be presented next Wednesday, November 14, at the Harvard Club in New York City. Just three seats remain as of midday Friday.

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."

It's very slow out there, with respect to radio industry deals being filed at the FCC. For AM and FM transactions, the spigot appears to be dry. But, is a reservoir being filled, ready to flow in 2019? Here's what some media brokers have to say.