An EMF Divestment That’s On ‘PAR’
Educational Media Foundation is primarily known as a buyer. Thus, it is rare when the owner of the KLOVE and Air1 Christian music networks decides to part ways with a property. That's just happened, in West Virginia.
A ‘Big’ Donation In Ohio’s Miami Valley
The final FM properties placed in the Aloha Station Trust that's administered by former Backyard Broadcasting head Barry Drake are being removed from the trust. However, they're not being sold. Rather, these "Big" Dayton-market properties are being donated. Who's getting WRZX-FM & WYDB-FM?
From the Mailbag: A Popular SUV’s Lack Of In-Dash Bang
Today we take a dip into the RBR+TVBR Mailbag, which includes a letter that was worth sharing with our readers. The topic: the lack of presets on a brand-new Sport Utility Vehicle's snazzy OEM in-dash entertainment system. According to this industry CEO, it's a problem. Is this leader overreacting?
The Latest LRFA Resolution Gains House Support
The Local Radio Freedom Act (LRFA), which signals members of Congress's opposition to any potential legislation that imposes new performance royalties on broadcast radio stations for music airplay, now has 112 co-sponsors in the House and 14 in the Senate.
Behind The Entity That Wants More Interest in iHeart
From "Friday Night '50s" to Classical music, 1990s club classics, Alternative rock or chat shows on top topics of the day, consumption to one of eight radio brands means you're supporting a British audio media giant that wants a greater stake in iHeartMedia. Here's a close-up look at how Global grew to a major U.K. AM, FM and digital player.
ViacomCBS’s ‘Audio Footprint’ Scaled At IAB Podcast Upfront
The last time ViacomCBS had anything to do with audio, CBS Radio was a part of CBS Corporation, and a reunification of CBS and Viacom hadn't yet been consummated.
Guess what? ViacomCBS is talking audio. Only, the discussion is fully focused on podcasts. And, iHeartMedia is involved.
With a Strong Q2 Finish, TSQ Rides High
Of all of the audio media companies to report its quarterly earnings results, one sticks out for its bold decision to dare to compare its Q1 2021 results to that of Q1 2019. That would be Townsquare Media, where digital ad prowess is now propelling its stock in noteworthy ways.
New Wall Street Weakness For Salem
All seems great for Salem Media Group. Yet, the company's stock price is now two months into a decline that has put a firm break on a big Wall Street recovery.
An Easy Explanation For Tuesday’s Saga Surge
On Tuesday, Saga Communications shares rocketed upward by 30%. This immediately led to questions as to why that even CFO Sam Bush couldn't answer, when contacted by RBR+TVBR. Now, a SEC filing shows what led to the jump, and small retraction in share value seen Wednesday.
How Much News Is On the Radio? Less On FM
More radio stations reported running local news in 2020, new research from the RTDNA finds. There's one twist to that data, however. An increase among AM stations was seen, offsetting a slight decrease among FMs -- even with NPR member stations experiencing a pandemic surge in consumption.
Audacy Unveiles Chernoff’s WFAN Successor
A firm date has been given to Mark Chernoff's last day before retirement. At the same time, Audacy has revealed who will be taking on the VP/Programming role for what is perhaps the company formerly known as Entercom's most prestigious asset: Sports Radio WFAN-AM & FM in New York.
A Florida CCM Player Expands Its Sunshine State Presence
The operator of a "positive & encouraging Christian radio" non-commercial Contemporary Christian Music network found in multiple Florida markets in mid-April agreed to buy an FM serving Daytona Beach south to the Space Coast. Now, it is buying properties in the Treasure Coast and in the state capital of Tallahassee.
IAB: $2B In Podcast Ad Revenue Expected By 2023
If you didn't think anyone could make money podcasting, think again. The Interactive Advertising Bureau (IAB) has just released its U.S. Podcast Advertising Revenue Study, and it reveals that podcast advertising will grow as much in the next two years as it did in the past decade. Podcast Business Journal has this report.
The Podfather Speaks: Adam Curry to Keynote July Event
Adam Curry — once-known for his stints on Z100 in New York and on MTV — is reinventing podcasting with a new open-source platform called Podcasting 2.0, a collection of open technologies designed to enhance the RSS podcasting ecosystem. On July 14 at the How to Make Real Money Podcasting conference, Curry will participate in a keynote interview.
What Fueled Saga Shares On Tuesday?
Saga Communications shares enjoyed an unprecedented surge in value in the final 30 minutes of trading on Tuesday. The result? A 30% day-to-day increase in value for the pure-play radio company. What could have ignited the leap? Very low net leverage could be one reason.