Skyview Says Yes To A Devil Of A Deal
On October 5, the NHL's New Jersey Devils became the latest team to go all-streaming with its audio play-by-play of its games. Now, the team has expanded its partnership with Skyview Networks to include production services. This will be done in conjunction with the Devils’ use of Skyview’s AdView Inventory Management software and Live Read Capture.
Market Rebounds, Cumulus Falls
U.S. financial markets rebounded sharply on Tuesday, with the Dow Jones Industrial Average climbing 547.87 points, to 25,798.42, and Nasdaq rising by 214.75 points, to 7,645.49. All media issues but three rode the positive wave. The decliners: Saga, Salem and Cumulus Media
Paid Music Streaming: Radio’s ‘Squirrel!’ Menace
Music streaming continues its ascendance, and that's something the radio industry has grown to accept. But, just how many people are paying to hear what they chose not to hear on your radio stations? A new music market report offers up some sobering statistics on the power of paid audio accessibility.
RMLC Selects Salem Head As Its Next Chairman
The non-profit corporation that represents some 10,000 commercial radio stations with respect to music licensing matters tied to such groups as ASCAP, BMI and SESAC has turned to the leader of Salem Media Group to serve as its new Chairman.
Bigger Voice For Vox In New England
In 2008, Bruce Danzinger began to purchase radio stations. He started in Burlington, Vt., with four stations in the market that shares its geography with Plattsburgh, N.Y. In April 2018, the company expanded with a station that some would argue is part of the Burlington, Vt., market, but does not reach the city and cannot be heard in Plattsburgh. That argument is key to a just-finalized deal that gives Danzinger's Vox AM/FM LLC another Burlington-Plattsburgh FM, along with an AM.
Wall Street’s ‘Misconceived’ Sentiment Toward Entercom
"At the present share price, the market is implying that the decline in Entercom’s business will be rapid." That's what Knackwell Capital Manangement writes in an assessment of Entercom stock released Monday. Yet, it believes the negative market sentiment in Entercom "looks out of line with its business fundamentals."
A Candid Chat With A Top Ad Exec
Is radio on the verge of a rebirth? That will be one of the topics addressed as Forecast 2019 Co-Chair Caroline Beasley sits down for a candid one-on-one conversation with Colin Kinsella, CEO of Havas North America, an AdWeek US Media Agency of the Year, MediaPost’s Media Agency of the Year, and one of the most influential ad agencies in the world.
SBS’s Soothsayer On Q3: Improved Revenue and OIBDA
With its shares presently valued at 14 cents, Miami-based Spanish Broadcasting System early Monday provided a glimpse of what it expects its Q3 2018 financial results to look like. Net revenue is expected to grow ever-so-slightly, while SBS's operating income is projected to soar.
Radio Today and Tomorrow, As Nielsen Sees It
Radio and Reach. Radio & TV. The "Optimal Ad Mix." Those are the key subjects laid forth in a "story of measurement & growth" offered by Nielsen Audio SVP/Sales Director David Chapman to radio industry C-Suiters looking for more reasons why their stations offer ample opportunity for advertisers.
Beasley Stock Dip Erases Two Years Of Gains
On December 1, 2016, Beasley Broadcast Group shares were at $6.15, and on the rise after being at $3.84 on April 1 of that year. With less than an hour to go in Friday's trading on Wall Street, nearly two years of gains in Beasley shares have been wiped out, with BBGI back where it was 23 months ago.
A Discounted Prepayment Helps Cumulus Trim $1.3B Loan
Cumulus Media announced following Thursday's Closing Bell on Wall Street that it has completed a discounted prepayment of a portion of its $1.3 billion senior secured term loan facility due May 2022.
A Smaller Emmis Swings To A Loss
With fewer assets from which to generate profits, Emmis saw its total net revenue dip by 25.2% in its fiscal second quarter of 2019, which ended August 31. With the steep dip in operating income and tough comparisons to last year thanks to a big gain on asset sales, Emmis swung to a net loss.
Jeff Smulyan’s Big Radio Show Takeaway
The Q&A session at the end of a company's quarterly earnings call always seems to deliver, with information and insights not found on the generic press release showcasing the topline results or big takeaways. Emmis' fiscal Q2 2019 earnings call proved no different, as Jeff Smulyan shared his thoughts on the 2018 Radio Show in Orlando.
Hispanic Radio Podcast: Local Growth, Hot Market
Could the achievements seen by Paul Danitz, Director of Sales at Glades Media Group, be replicated at your group of radio stations? This 20-minute Hispanic Radio Podcast, hosted by RBR+TVBR Editor-in-Chief Adam R Jacobson, could provide strong insight and intelligence leading you to make the plunge into the ROI-filled world of Hispanic radio.
Quadrophenia: O’Reilly Wants Ownership Rule Review By Dec. 31
No, we're not talking about Baba O'Reilly or anything regarding legendary rock act The Who. Rather, Republican FCC Commissioner Michael O'Rielly has made it clear that he wants his colleagues to launch the agency's 2018 Quadrennial Review of its media ownership rules. If O'Rielly had his way, this would be done before the end of the year.