InFOCUS Podcast: Greg Loose, Veritone
The U.S. is entering the eighth month of the COVID-19 pandemic, and that’s led to a variety of shifts in media management that largely involve remote work needs. What sort of role has Veritone Inc. played in aiding this transition, whether temporary or permanent, post-pandemic? We get the answer and more in this latest InFOCUS Podcast, presented by DOT.FM. LISTEN HERE
COLA Given to non-NPR Compulsory License Royalty Rate
The Copyright Royalty Judges have approved a cost of living adjustment to the royalty rate that noncommercial radio stations at certain colleges, universities, and other educational institutions not affiliated with National Public Radio must pay for the use in 2021 of published nondramatic musical compositions in the SESAC repertory.
Top iHeart Execs Set For Big TMT Summit Q&A
Are you an iHeartMedia shareholder and curious about the vision for the future at the nation's No. 1 media company? Perhaps listening in on a question and answer session with Bob Pittman and Rich Bressler scheduled for December 1 is something to put on your calendar now.
Entravision Joins The Pack With Its Own Streaming App
Hispanic consumer-focused Entravision Communications has just rolled out its own app, which houses not only streams of its terrestrial radio stations but also live chat capabilities, podcasts, playlists and social media channels -- starting in 2021.
Big Gains For Cumulus, iHeart Shares Continue On Monday
Two of the nation's biggest audio media companies each saw their shares surge across Friday's trading on Wall Street. The big gains continued on Monday, with iHeartMedia and Cumulus Media both enjoying double-digit percentage growth in mid-afternoon trading.
A Forthcoming L.A. AM’s Valley FM Translator Push Thwarted Again
After nearly 40 years, the 1500 kHz signal in Los Angeles will once again be home to a local radio station. The licensee wanted an FM translator to assist with its programming dissemination. However, that plan has been given the "No" by the FCC, and Estrella Media has a role in the denial.
Decision-Challenging Information, Delivered At Forecast 2021
Be part of the 18th annual Forecast conference, presented virtually this year as Forecast LIVE. The event will play out over two sessions: Tuesday, December 8, and Wednesday, December 9. Who are just some of the industry luminaries and notables coming to Forecast LIVE? "Read more" now, and be sure to register today!
Former Cumulus CFO Takes Similar Role At CMG
He's been the Chief Financial Officer at such radio station ownership groups as Cumulus Media and the former Lincoln Financial Media. Now, he's the EVP/CFO of Cox Media Group.
Radio’s Resonance: ‘A Continued Appetite for Lean-Back Experiences’
With music streaming subscriptions approaching 400 million worldwide in 2020, helped by podcasts, it's easy to overlook the continued significance of radio. Futuresource’s recent Audio Collaborative included a panel session exploring the Future of Radio. The key takeaway: community, companionship, and being live and local maintain radio's relevance.
DOJ Confirms Corporate Amex-Fueled Fraud Of L.I. Radio GM
In September 2015, a privately held radio broadcasting company with three FMs on the eastern end of New York's Long Island welcomed a new GM. It was a very well-known woman with a rich resume of top sales and management roles at radio stations in New York City. Now, she could be heading to prison for a fraud scheme conducted while at her last industry employer.
Annual Year-End Giving Campaign Launched By Broadcasters Foundation
The Broadcasters Foundation of America has formally kicked off its annual year-end giving campaign, appealing to those in the broadcast industry for tax-deductible personal donations to the Guardian Fund and corporate contributions to the Angel Initiative.
Liberty Media’s iHeart Class A Share Stake, Explained
John Malone's Liberty Media has a formidable stake in iHeartMedia. And, it can convert millions of Class B common stock into Class A iHeart shares. At the same time, Liberty has the power to execute hundreds of thousands of special warrants to purchase additional Class A IHRT shares over the next 60 days. Put it all together, and Liberty holds nearly 1 in 10 IHRT shares.
A Big Canadian Media Merger Proposal Evaporates
A much-scrutinized deal that involves the owner of radio stations in Canada -- and the Atlantic Broadband MVPD in the U.S. -- won't be had. The company Rogers parent Rogers Communications wanted to merge with rebuffed its unsolicited bids. Now, the multi-billion dollar offer has expired.
Jeff Andrulonis Sheds An AM In Maryland
Jeff Andrulonis in the past year has refocused his radio station ownership on the Carolinas, and that's seen his Colonial Media + Entertainment shed properties in the Twin Tiers of New York and Pennsylvania. Now, Colonial is saying goodbye to an AM and its two FM translators in Maryland.
Outdoors Enthusiast, Radio Station Owner Dies In Boating Mishap
Until October 2019, Jamie McKibbin was primarily known as the GM of a group of Jackson, Mich., stations and as the host of a popular hour-long Saturday morning outdoors show. Then, McKibbin entered radio station ownership with his wife, Katina. It is now known that McKibbin, an active hunter, has died while out with a friend in a boating accident tied to their outdoorsman's outing.