Why Radio Should Put Artists First: Joe Crowley’s ‘AMFA’ Take
In an exclusive interview, former U.S. House Member Joe Crowley, appointed in late May as musicFIRST Chairman, shares why the introduction of the "American Music Fairness Act" is important. He also discusses how the bill differs from multiple failed attempts in recent years to get Congress to pass a radio royalty proposal.
Another University Puts An FM on the Market
In recent years, institutions of higher learning have decided that operating a radio station is no longer in the best interests of that school. As a result, WBRU-FM in Providence on Sept. 1, 2017 bid farewell. There are other FMs that have faded into the sunset, sold off by colleges. Another college has joined the sellers' list.
Family Ties To Continue For Roanoke-Area AM
A Virginia Class B AM is trading hands, as is the FM translator assigned to this heritage facility. But, no changes are expected, keeping WYTI in the family following the November 2020 passing of its longtime owner, Bill Jefferson.
Adams To Exit Delmarva, With Other Radio Sales Pending
Two of its FM radio properties serving the Delmarva region are going to the owner of the local CBS, NBC, Telemundo and FOX affiliates, giving it a total of 7 radio stations across the area. Now, RBR+TVBR has confirmed that Adams Media Group, led by Ron Stone, will be exiting the Eastern Shore of Maryland and southern Delaware altogether.
A Big Loan Prepayment Comes from iHeartMedia
Things have never appeared to be better at iHeartMedia. With momentum fueling the nation's biggest licensee of radio stations, a voluntary prepayment of term loan facilities and a repricing of an incremental term loan have come.
The InFOCUS Podcast: Tom Birch
Who would pay for what is available for free, even if the commercials are deleted? And, does that keep local radio local? Those are just some of the questions we asked Tom Birch about Auddia and an upcoming beta test in the latest RBR+TVBR InFOCUS Podcast, presented by dot.FM! LISTEN HERE
Free Consumer Engagement Testing for Audio Advertisers
Audio commercials have a particular trait that sets them apart from visual advertisements: Emotional engagement rings true with audio ads. One state broadcaster association is partnering with a former longtime Philadelphia radio station owner, along with a consumer engagement specialist, to prove its point.
Saga Restores Its Quarterly Dividend
Exactly one year ago, the financial impact of the COVID-19 pandemic led Saga to join the list of audio media companies to put its quarterly cash dividend for shareholders in a cryogenic state. The Saga board has just brought out the EKG machine, breathing new life into a historically robust dividend that will reward SGA shareholders in mid-July.
Urban One Current, Former Board Members Add Shares
SEC disclosures show that a former Urban One board member and two current members have obtained a chunk of Class D shares in the African American-focused company.
Audacy Bets On Five CBS Sports Radio Gaming Moves
Audacy has rebranded four CBS Sports Radio stations, eliminated "The Score" in one market, and dropped Spanish-language sports programming from a heritage Washington, D.C., AM to help spread the "BetQL" brand. However, the "CBS Sports Radio" name will continue for those Audacy stations that will not be making any programming adjustments.
Urban One Shares Receding From Early June Rise
On heavier-than-average volume, Urban One stock was down sharply in midday trading on Friday -- continuing a plunge that began on Tuesday. Why are shares down, following a sharp rise at the start of June?
A Spotlight On Broadcast Media’s Crystal Ball
For 39 years, Kagan has offered an up-close look at where broadcast radio and TV is heading, with respect to revenues and station valuations. This continued on Thursday in virtual fashion, as the 2021 Kagan Media Summit kicked off with a spotlight on the U.S. broadcast station industry from Senior Research Analyst Justin Nielson.
Radio’s PPM-Holding Audience Returns. Will Advertisers?
Nielsen Audio data suggest radio's return to pre-pandemic audience levels in nearly complete. The remaining challenge? Recouping lost advertising dollars.
The Red Hot Audio Stock: iHeartMedia
On Dec. 23, 2020, iHeartMedia shares finished the day at $11.99. It was a good finish, as IHRT in early July was trading in the mid-$6 range. With Wednesday's Closing Bell on the Nasdaq GlobalSelect market, investors who have had IHRT for the past year will certainly be celebrating. Why? They've more than quadrupled their dollars.
A New Alternative For Birmingham: The CCM Way
From atop Red Mountain in Birmingham, a 130-watt FM translator blankets the metropolitan area of Alabama's biggest city with Alternative music and the Premiere Networks' syndicated offering "The Woody Show' in morning drive. This microstation has been on the air since 2017. Soon, it will disappear. In its place: Christian Contemporary music.