Entercom Combats Another New Five-Year Low
Two key issues making headlines over the last two weeks, coupled with renewed questions about its post-CBS acquisition business model, could be key factors in what's ailing Entercom stock. On Friday afternoon, it was fighting against a fresh five-year low.
East Kentucky Stations Head To Mountain Top
"Radio is the foundation of EKB," reads the website for East Kentucky Broadcasting. "Since 1949, our company has led the local industry in broadcasting and continues to dominate the local market." Now, EKB is selling its stations, following the November death of its CEO.
‘Free’ Combo Says Aloha To iHeart
In June 2007, a large group of radio stations were placed in the Aloha Station Trust by iHeartMedia predecessor Clear Channel Communications, ahead of its $24 billion leveraged buyout, completed in July 2008. Now, two stations in the trust are going to Connoisseur.
NAB Thanks LFRA Supporters, Ever-Growing In Congress
More than 166 bipartisan members of Congress support the Local Radio Freedom Act. In recognition of this support, the NAB applauded their efforts by placing a full-page ad in one of Capitol Hill's more widely read dailies.
‘Los 4’ On Radio, Colored By Brito
One of the biggest songs on Earth in 2018 was the Maluma track "Felices los 4," loosely translated as "the happy quartet." Perhaps that will make great bumper music for the third go-around of Spanish-language radio coverage of a NCAA Men's Final Four.
What’s Entercom’s Possible Penalty For Political File Foul?
Exactly three weeks ago, Entercom received a letter from the Policy Division Assistant Chief in the FCC's Media Bureau, in regard to an investigation of the political programming practices at three of its stations in the Buffalo-Niagara Falls market. It's widening.
iHeart Expands A Live Streaming Rights Pact
In January a digital media company focused on live entertainment forged a partnership with iHeartMedia that led to the live streaming of the 2019 edition of a themed Alternative Rock event in L.A. The partnership for the "ALTer Ego" event must have been a success.
Salem Stock: Spiraling To Fresh Ten-Year Low?
Salem Media Group shares have withered since a disappointing Q4 2018 earnings report and guidance suggesting an equally icky Q1 2019. On Monday, Salem cashed in on the sale of an AM in Washington, D.C. Still, Salem stock is flirting with tying a 10-year low.
A ‘Common’ California Settlement For EMF
For three years, the operator of two big Christian Contemporary Music non-commercial networks has been battling an arts and culture-focused nonprofit in Pasadena, Calif. The reason? Co-channel interference claims, which the FCC nixed. A settlement is now here.
Spotify Flies High As Pandora’s Path Peaks
Pandora has been on a consumer and advertiser-targeted marketing blitz, and it continues under Sirius XM Satellite Radio ownership. But, is it all for naught, from a now-passé provider of streaming audio? New data from eMarketer suggests that's the case.
IPO, Direct Listing Among iHeart’s Post-BK Options
Is no news good news? The nation's No. 1 owner of AM and FM radio stations issued a statement today indicating that it is evaluating potential paths "to achieve its listing" following its long-awaited emergence from Chapter 11 bankruptcy protection, expected soon.
Imus 2, Wolf 0: Veteran Sportscaster Loses ‘Ageism’ Appeal
The battle between a famous sportscaster known for his TV and radio work and one of the most successful radio hosts in history saw the former handed a second defeat in New York State court on Thursday. Why? It's a jurisdictional matter, state judges say.
Local Media From Tijuana? Still Solid For San Diego
It turns out there's nothing to worry about for listeners on both sides of the U.S.-Mexico border of three radio stations based in Baja California serving listeners in San Diego.
After 45 Years, A Knoxville FM Heads To New Owner
In March 2018, a Tennessee radio veteran who acquired a Class A FM in 1974 bought an AM in what’s colloquially known to some as “Scruffy City.” Six months later, this broadcaster sold the AM. Now, it is selling the FM after 45 years of ownership.
Hoffman’s House Shifts From Indy To Twin Cities
What happens when the cluster of stations you've been overseeing as SVP/Market Manager and, before that, as a longtime sales leader gets sold?In the case of Ben Hoffman, it involves a bump up in market size at the company he joined nearly eight years ago.