Radio News

The revenue decline remains in the double digits. But, the results point to a good, if not great, quarter-by-quarter recovery from the worst of the COVID-19 pandemic's economic carnage on broadcast radio in Canada. That's the story Montréal-based Cogeco is sharing with respect to its just-released fiscal Q1 2021 results.

It's a nation where political dollars weren't a factor in quarterly earnings growth. Yet, television segment income was up despite a dip in revenue for Canadian media company Corus. This helped Corus achieve flat earnings per share in the fiscal first quarter of 2021, as net income only slightly decreased. The bigger issue for the company is Radio.

Speaking at a virtual event hosted by Vanderbilt University Law School in Nashville, U.S. Asst. Attorney General Makan Delrahim made it known that the Department of Justice does not plan to take action on the consent decrees governing the performance royalty organizations ASCAP and BMI. Among the first to cheer is NAB President/CEO Gordon Smith.

Beasley Broadcast Group shares finished Thursday's trading at $1.97, rising 4.8% as the media company in eSports and radio programming disclosed an early look at its Q4 2020 results that are decidedly positive.

The notable owner of three FMs and an AM serving North Central Washington state has decided to put the AM and two of the FMs it owns on the market. And, it has retained Greg Guy of Patrick Communications to find the right buyer -- preferably a local one.

For some 30 years, the 1540 kHz signal has been associated with Spanish-language programming across the National Capital Region. It has been associated with Alejandro Carrasco since 1997, and has been owned by Carrasco for two decades. Now, Carrasco is selling the facility. But, "Radio América" will continue.

For three hours on Wednesday, Fred Jacobs of Jacobs Media Strategies conducted a virtual tour of the all-online Consumer Electronics Show — CES 2021. With presentations from Amazon Alexa Auto and Xperi ahead of those scheduled from LG, Ford, Triton Digital and Mercedes Benz, we offer a small taste of what participants got to see and learn about.

It's a big deal for attracting institutional investors, and Townsquare Media had previously announced that its CEO, Bill Wilson, would be presenting. Now, two of its audio media industry peers have revealed they, too, will be presenting at NobleCon17.

For nearly 20 years, a 50kw Class C2 FM serving Selma, Ala., has served local listeners -- most recently as a Black Gospel-tinged R&B station. In April 2012, however, the station's license was canceled and revoked, only to be reinstated in November of that year. Now, this station has largely escaped another FCC matter of importance.

Embattled radio station licensee Ed Stolz is allegedly engaging in what court-appointed receiver Larry Patrick's legal counsel calls "willful interference with court orders" that gave Patrick control of three FMs owned by Stolz's Royce International Broadcasting. As such, Patrick's attorneys want the judge overseeing the case to send Stolz to jail until his former stations are sold.

The biggest licensee of radio stations in the U.S. has completed an exchange of warrants into shares of its Class A or Class B common stock. Here's what this means for iHeartMedia.

The Corporation for Public Broadcasting (CPB) has awarded the parent of the primary NPR spoken word station serving the Los Angeles market with a hefty 24-month grant designed to boost the level of content created expressly for younger and "underserved" audiences.

It was adopted by the FCC on November 20. Now, it has formally appeared in the Federal Register. The Commission is open to receiving comments associated with its Notice of Proposed Rulemaking to enable FM booster geo-targeting capabilities. Here are the Comment and Reply Comment dates.

From July 13 to November 5, 2020, Townsquare Media shares were largely stagnant, stuck at a COVID-fueled price that was less than half of its February 2020 value. Then came the election of Joe Biden as U.S. President. Since then, TSQ has been on a hot streak.

The quest to get the nation's highest court to reverse a remand of the FCC's cross-ownership rule rewrite by the Third Circuit Federal Appeals Court in Philadelphia has continued with the submission on January 8 of a reply brief to the Supreme Court by the NAB.