A Silent Lone Star AM Gets A New Owner
Where U.S. 287 and U.S. 96 meet is the Texas town of Lumberton, due north of Beaumont. Here, a silent AM with 3 towers is being sold, and it's the lead item of business in Transactions Today from RBR+TVBR.
Meet Ruth Gaviria’s Successor As Entercom CMO
The search is over for Entercom Communcations' second-ever Chief Marketing Officer. It's selected a man who until one year ago served as the Chief Global Marketing Officer of one of the world's largest commercial real estate and investment firms ... and has never worked in Radio.
Meet Cumulus’ Other Big New Shareholder
On August 21, RBR+TVBR reported that Greywolf Capital, a Westchester County, N.Y.-based investment company, added to the number of Cumulus Media shares it has by exactly 135.14%. It is now known that another New York-based investment company has put a stake in Cumulus.
Preparing Now For The Connected Car’s Data Play
Bob Maccini, founder and CFO of Drive Time Metrics and a Director at brokerage Media Services Group, shares his thoughts on how in-vehicle consumption analytics "will have a game-changing impact on the quality of audio delivered to a vehicle" in this Media Information Bureau installment.
In A Surprise Move, Cumulus Confirms KFOG Sunset
For a generation of rock and roll music lovers, the call letters KFOG hold a special place in their heart. Since Sept. 16, 1982, this FM has offered the Bay Area various takes on music of interest to Rock lovers across Northern California. On Sept. 5, it all goes away.
Radio At 100: ‘Imagination, Information and Entertainment’
On November 2, 1920, KDKA-AM in Pittsburgh made the nation's first commercial broadcast. As many prepare to mark radio's centennial celebration, longtime programming consultant Clark Smidt suggests operators work harder to bring "instant radio magic" back.
Price Revealed As Keystone Combo Finds Its Forever Home
Since 1946, Pennsylvania's Lebanon Valley has been home to a radio station that, today with its FM partner, wants to play "a telling part in all local, civic and public affairs." The two stations have just been sold to an entity led by Lynn Deppen, and on Monday the deal's terms became known.
Home Improvement, Improved By Spot Radio
For the nation's two biggest home improvement specialists, late August may very well mark the start of not only classes for the children, but perhaps a project for the parents designed to make their home a little bit better.
Entercom Stock Dips Again As Field’s Pay Is Examined
Among the notable after-hours movers on Wall Street tracked by Seeking Alpha late Thursday was Entercom, off 4.9% from where it was at the Closing Bell. At the Closing Bell on Friday, Entercom was off 8.1%. Could David Field's salary be a trigger for the further dip in Entercom shares?
‘WE’ Is Moving On Up The Dial, To A Translator
An Alpha Media CHR/Rhythmic FM serving the Pacific Northwest's second-largest market recently celebrated its third anniversary. Behind the scenes, discussions were taking place regarding the station's future, as it is poised to lose its current home. A move is now planned.
Beasley Board Approves Quarterly Dividend
Its shares on Thursday morning were $4.72 below its 52-week high. The 24-month trend is rather bleak. That didn’t stop Beasley from declaring a quarterly cash dividend.
Radio, LPTVs Get Post-Repack Reimbursement Webinar
Incentive Auction Task Force and the Media Bureau are hosting a Webinar regarding its reimbursement procedures for Low Power TV, TV Translator, and FM Broadcast Stations. Here are the details.
A Radioactive Send-Off In Salina
Exactly 11 years ago, thanks to a successful bid in the FCC's FM Auction No. 27, a Class C3 FM serving the Salina, Kansas area came to life. Its owner until today is one of the most recognizable figures to have emerged in the radio industry over the last 25 years. He's now selling the station.
Greywolf Grabs A Chunk of Cumulus Stock
Back in September 2016, as Cumulus prepared for a 1-for-8 reverse stock split, "Greywolf Event Driven Master Fund" was shown as holding 5.5% of the company’s shares. The wolf is howling again, and this time the registered investment adviser is taking another bite of Cumulus stock.
Borrell: Radio’s Digital Ad Discovery Tempers ‘Tepid’ Growth
Borrell Associates has readjusted several of its 2019 local advertising projections and the biggest change involves Addressable Digital Revenue. Growth isn't as fast as initially anticipated, Borrell notes. But, a big positive statement was made about Radio's internet ad revenue.