Rising Through the Ranks Again, In Nashville
Come August 13, three days of learning and insight pertaining to the success -- and numerical increase -- of female radio managers within broadcast radio will begin as the 12th annual "Rising Through The Ranks" Seminar begins at the Music Row offices of BMI.
Entercom Ends Week With Wall Street Growth
Entercom shares finished the week on a strong note, as shares rose 3.4% to $6.62 in Friday's trading on NYSE. The radio broadcasting company benefited from strong session-long growth, on lower than average volume of 957,272 shares.
Holy, Toledo! A Market Veteran Moves South
If there was an individual one could count on as an absolute expert of the Toledo, Ohio, radio market, it would likely be Kellie Holeman-Szenderski. Now, Holeman is saying Ta-Ta Toledo ... and Good Day Greensboro.
Jennings Jumps Back Into Radio With SummitMedia
From 1996 through July 2018, Larry Jennings was a successful radio sales professional, serving in GSM roles and for 2 1/2 years as Director of Development for Clark University's non-commercial Jazz station serving Atlanta. Now, he's going to work for Carl Parmer.
Entercom Note Offering More Popular Than Anticipated
Three days ago, Entercom revealed that it planned to offer $300 million in aggregate principal amount of senior secured second-lien notes due 2027. It turns out the offering is oversubscribed, indicating strong investor demand. How did Wall Street react on Thursday?
Entercom, Nielsen Ink A Multi-year Deal
"A multi-year strategic agreement for a comprehensive suite of measurement tools aimed at enhancing Entercom’s data-driven capabilities for advertisers" has been inked between the radio broadcasting company and Nielsen Audio.
A ‘Positive Alternative’ Ahead For Virginia Duo
The small town of Luray, Va., is best known across the National Capital Region, to the east, for its caverns and its abundant verdant hills that make a steeplechase outing a fun and classy affair. Here, an AM/FM combo are getting a "positive alternative."
Another University Says Goodbye To Radio Ownership
Four years ago, a Pennsylvania university was unwittingly thrust into the national spotlight not for its Patriot League men's basketball team but for racist comments made by three students on its school-owned radio station. Now, the school is selling the FM.
Deep South ‘Farm’ Sold To Electronics Company
A Class C3 FM serving such Mississippi communities as Winona, Grenada and Greenwood is heading to a new owner. It's an electronics company -- a 51/49 partnership between two locally based women.
Why Buy Entercom Stock? It’s ‘Mispriced’
Entercom has a new reason to be optimistic about a resurgence in its languishing stock price. B. Riley FBR analyst Zack Silver initiated coverage of the company with a "Buy" rating. Silver offers an investment thesis every broadcast media C-Suite executive should read.
A Fresh Fight Against NAB-Fueled Ownership Changes Arises
Among the items the FCC is considering is a plan largely crafted by the NAB and endorsed by Commissioner Mike O'Rielly that would greatly ease ownership restrictions for AM and FM station ownership. iHeartRadio is against such changes, and it now has an unlikely ally.
Why Does Univision Want FCC Approval For A Mexican Move?
In June 2018, rumors were rampant that Univision Communications' would be selling some or all of its radio stations. The chat proved to be unfounded, and now Univision is doubling down on its ownership of AMs and FMs serving Hispanics across the U.S. How so?
Johnson Controls Class D AM’s Sale, Along With Translator
In September 2018, Johnson Broadcast Ventures made headlines thanks to a cratered sale of an AM radio station due to a promissory note default on the part of the intended buyer. Now, Johnson has a deal to sell his other broadcast properties, located in North Carolina.
Entercom A ‘Buy’ As KYW Bargaining Begins
Is a late March swoon for Entercom shares the last time bargain-seekers will find the radio broadcasting company's stock near $5.25? That very well might be the case, thanks to the initiation of coverage by a California-based capital market company. Or not.
Saga’s ‘Secret Sauce,’ And Fighting Words For A Strong ’19
A quote from Abraham Lincoln concludes an opening statement from Saga Chairman/CEO Ed Christian in an 87-page annual shareholder letter that serves as a financial report and, in some ways, a promotional vehicle for Saga to those that hold its publicly traded stock.