Townsquare Media’s 52-Week Stock Rebound Is Complete
With Tuesday's Closing Bell on Wall Street, Townsquare Media shares are now at their highest price in one year. And, it marks a 157% improvement from the depths of 2020, when the arrival of the COVID-19 pandemic punctured media stocks severely.
The InFOCUS Podcast: Armando Guerrero, Ntooitive
What’s the ongoing pandemic impact on audio media, including radio and online streaming? We get fresh insight on the topic from Armando Guerrero, of digital ad agency Ntooitive, in the latest RBR+TVBR InFOCUS Podcast, presented by DOT.FM. LISTEN HERE
Pandora’s 2020 Pandemic Dip Downplayed By Sirius XM
With the release early Tuesday of Sirius XM's fourth-quarter and full-year 2020 results, specific data tied to its Pandora segment were shared. How is Pandora performing? It is perhaps the weakest link in the Sirius XM family. But, it could be worse.
Simplified Audio Publishing and Distribution from a StreamGuys API
Already using the SGrecast SaaS platform from StreamGuys to efficiently manage their podcast publishing workflows, the broadcaster recently leveraged SGrecast’s new development API for seamless integration with GPB’s website content management system (CMS). What's the result?
Thirty Years Later, Has Pop Radio Learned Anything?
Seeking airchecks from WHTZ "Z100" in New York, our Editor-in-Chief stumbled across an article in The New York Times from July 28, 1991 discussing pop radio's "midlife crisis." The story addressed issues that are still pressing for CHR/Pop stations some 30 years later. Why?
Mark Chernoff To Exit Entercom’s WFAN Later This Year
Entercom Communications distributed "an important update" on Monday morning regarding one of its most important audio brands. "Later in 2021," its Brand Manager — the Sports Format Captain for the entire company — will step down from day-to-day oversight of WFAN-AM & FM in New York and CBS Sports Radio. What's next for Entercom ... and for Mark Chernoff?
Urban One Ups Three To Radio VPs
A trio of Urban One radio division leaders have each been promoted to the roles of VP/Radio at the company superserving African American consumers across the U.S. All report to David Kantor.
As Stock Slowly Rebounds, Nielsen Schedules Q4 2020 Results Release
As recently as October 30, Nielsen shares sat at $13.51 — a sign to some that its COVID-19 era slump wouldn't end soon. That prognostication turned out to be incorrect. NLSN now stands at its best price since late May 2019, a positive for the dominant audience measurement company as it selects the date it will release its Q4 and full-year 2020 results.
Wall Street Bettors Pluck Up Entercom Stock
The announced launch this week of the "BetQL Audio Network" by Entercom appears to have sparked more investor interest in the audio media company that owns podcast players Cadence13 and Pineapple Street, the Radio.com audio streaming platform, and broadcast stations such as WFAN in New York. Entercom stock was up by more than 10% as the Closing Bell rang on the NYSE.
Salem Shares Slump In Heavy Trading Following Thursday High
Friday's trading session saw Salem shares decline sharply, and on heavy volume. But, it could be simple profiteering: the dip came one day after SALM finished at its highest COVID-19 era value.
Al Peterson, Who Shifted From AOR To News/Talk/Sports, Is Mourned
He spent more than 45 years in the radio broadcasting industry, but, he's most likely remembered as a champion of spoken word radio, thanks to his tenure as News/Talk/Sports Editor for the defunct Radio & Records and, later, at the helm of his own daily e-newsletter. Al Peterson, who recently retired and lived in Rancho Bernardo, Calif., has died. He was 68.
Townsquare Shares Surge To COVID-era High
It seems Townsquare Media shareholders are thrilled over the news that it is repurchasing at least 10 million of the 12.5 million shares of Class A and Class B common stock — and warrants — held by funds managed by Oaktree Capital Management L.P. With Thursday's Closing Bell on Wall Street, TSQ finished at its best closing price in nearly one year.
Babin Upped To Lead Radio For CMG
With Bill Hendrich's retirement at the end of 2020, Cox Media Group needed to select a new leader to oversee its collection of AM and FM radio stations. On Thursday, CMG, today majority-owned by Apollo Global Management, revealed just who will be assuming Hendrich's former duties.
The InFOCUS Podcast: Lou Kastler, KNXR-FM
How has Rochester, Minn.'s top-rated radio station, locally owned and operated, managed to stay largely live and local and keep advertising buys flowing some 11 1/2 months into the COVID-19 pandemic? Station OM and morning co-host Lou Kastler shares the details in this fresh InFOCUS Podcast, presented by DOT.FM. LISTEN HERE
Orioles Keep Nest At Entercom FM, With New Deal
As part of the partnership, Entercom will manage the Baltimore Orioles Radio Network – comprised of more than 40 stations across the mid-Atlantic region.