NLRB Lobs Second Complaint Against SBS
New accusations claiming that Spanish Broadcasting System (SBS) is refusing to bargain in good faith have led the National Labor Relations Board (NLRB) to issue a second complaint against the Miami-based company for "serious unfair labor practices" it has denied.
A ‘Mega’-Sized Deal, Keystone State Style
Take a Class D AM, pair it with a Class C AM in a nearby town within the Nielsen Audio-defined market, and secure three FM translators. That was the recipe one operator used to bring Spanish-language radio to the Lehigh Valley of Pennsylvania. Now, the facilities are trading hands.
Cumulus Shares Erase All Post-Valentine’s Gains
In late March, Cumulus Media shares appeared to be well on their way toward achieving a 1-year target estimate of $22.67. Instead, CMLS sputtered ahead of a month-long decline that on Thursday saw the company's stock dip to prices last seen on February 14.
Hey, Nielsen: Max Is Back
In 2016, the longtime GM of a group of Norfolk radio stations said no to the renewal of a contract with Nielsen Audio. A year later, he was sharing tips on "how to sell without the numbers." That GM is now gone -- as is the belief that Nielsen ratings can't help boost sales.
Radio Gamble Or Safe Bet? Gow Bows ‘BetR’ Choice
The first-ever terrestrial radio network dedicated to sports betting will officially launch, with a new name, on August 5. Affiliates in Las Vegas and Atlantic City, N.J., have already signed on. They'll get select content from VSiN and SB Nation Radio Network.
Bon Voyage To Radio For Bairs
Serving a city known for its "friendship and pride" is a 6kw Class A offering "today's best hits and yesterday's best memories" from the Window on 8th Street. Now, this Indiana FM is trading hands, and the buyer's only other properties are just east of the Indianapolis market.
A Silent Giant Set To Join A Regional Noncomm Leader
At 101.1 MHz with a booming Class C2 signal serving Redding, Calif., is a station that's presently silent. A regional public broadcasting network, representing a state that was proposed but doesn't exist, is poised to take it over. It's all thanks to George S. Flinn Jr.
‘Undervalued’ … and Sputtering: ETM
It was April 2 when Entercom shares were last priced below $5.50 a share. The radio broadcasting company was starting a rebound from a fresh five-year low. By April 30, all was seemingly positive as ETM sought to climb back to its year-to-date high.
That didn't happen.
‘Podcast Revolution’ Gets A Radio Show Exploration
Leaders from the growing podcast industry will participate in a Radio Show session scheduled for Wednesday, September 25, focused on how-to strategies for broadcasters charting the course in today's biggest audio communications boom.
A Harder Highway For Permanently Hushing An FM Translator
Interference disputes between translators and the owners of full-power FM stations (which have primary status over translators) have become more frequent, as more and more translators go online and nip at the edges of listenership to co- and adjacent channel full-powers.
Another Radio Group Suffers A Ransomware Attack
A group of stations in a downstate Illinois market now have something in common with clusters of AMs and FMs owned by Urban One and Townsquare Media. It's not a good thing, as these stations' computer files have been compromised and are essentially useless.
Cumulus Shares Dip On Debt Prepayment News
Cumulus Media has sliced away another portion of its once-towering debt. How did investors react? Cumulus declined sharply across Monday morning trading on Nasdaq, with shares off 3.9% by noon. At the Closing Bell, CMLS was off by 4.3%.
ETM is Down. A Huge Price Gain Awaits.
Seeking Alpha has provided investors with another freshly written analysis of Entercom Communications that speaks highly of where the radio broadcasting company's stock is heading. In fact, it believes that in 18 months the stock price will be very much above where it is today.
Is TSQ A Hot Dividend Stock?
Simply Wall St., of late, has been asking some keen questions regarding radio broadcasting company stocks. On Friday, it turned its attention to Townsquare Media. Here's its conclusion on whether or not big dividend seeks should invest in TSQ.
Select America’s Top Brokers and Attorneys Today!
The industry has spoken, and RBR+TVBR has received a flood of votes from readers asked to select our inaugural honor roll of America's Top Brokers and Attorneys. Haven't voted yet? Here's how you can get your nomination in before it's too late.