Radio News

Years from now, 2018 may be remembered as the year that Podcasting became a major consumer delivery component -- and advertising magnet -- for the radio industry. To a lesser extent, broadcast TV has opportunities through podcasting, and a new report from eMarketer shows that -- despite the growth from podcasting expected between now and 2020 -- podcast advertising "represents just a tiny fraction of the U.S. radio ad market."

The U.S. Bankruptcy Court judge overseeing iHeartMedia's Chapter 11 restructuring plan has before it a request from the nation's top owner of radio stations to approve a purchase agreement. What does iHeart want to buy? We don't know.

With five automotive dealer associations battling for supremacy with TV spots ahead of the Labor Day holiday, just one opted to select radio as an effective conduit for reaching potential car and truck buyers. The result: Unique placement in the latest Spot Ten Radio report from Media Monitors.

Weaving an AI strategy successfully into your radio and TV stations’ operations takes skill. Full mastery can come with advanced learning, and this 45-minute webinar hosted by RBR+TVBR Editor-in-Chief Adam R Jacobson and featuring Veritone Managing Director of Broadcast Solutions Paul Cramer is designed to accomplish this through top-level knowledge and insights discussed and shared.

It's certainly a new day at Cumulus Media: With 90 minutes left in the final trading session of August 2018, Cumulus shares have now climbed beyond $20. As of 2:30pm Eastern Friday, CMLS was trading at $20.06, up 5.5% from Thursday's close.

It is nearly one year since Hurricane Irma, and then Hurricane Maria, wreaked havoc and widespread devastation across Puerto Rico and the U.S. Virgin Islands. Many broadcast facilities have not been rebuilt; operations have not resumed. The Media Bureau of the FCC is aware of this, and is providing guidance to stations in the U.S. Caribbean territories concerning the procedures to follow.

It's official: A citizen of the United Kingdom and his Polish wife living in the U.S. since 2015 on E-2 investor visas have been given the green light from the FCC to become the new owners of a radio station left for dead by its financially strapped seller.

Spotify has never ranked above Pandora in primetime digital audio listening in the U.S. — until now. According to Triton Digital’s May 2018 Webcast Metrics, Spotify is the new king of primetime. For Monday to Friday, 6 to 8pm, in May, Spotify gained 2.59 million Average Active Sessions (AAS). Meanwhile, Pandora had 2.55 million AAS for May.

Another case before the Delaware Chancery Court, brought against Spanish Broadcasting Systems Inc. — one of the nation's leading Spanish-language radio and TV operators — has been trimmed by 11 funds that had invested in the company and are seeking $161 million in preferred stock and a bar on company debt additions, Law360 is reporting. It was found that the investors wanted relief already sought under breach of contract claims.

iHeartMedia and AUTOFLYTE announced on Tuesday the launch of AUTOFLYTE EDGE, a new automotive insights tool that features daily sales and market share data throughout each region to help dealerships market smarter and faster. AUTOFLYTE EDGE is available now exclusively through iHeartMedia.

You know that TV show "Undercover Boss"? Media Information Bureau featured columnist Kelly Orchard loves it. "The concept is awesome," she says. Orchard also wonders why the radio industry hasn’t done something like this at their stations, she writes in this exclusive report.

So you have the new Samsung Galaxy Note9 but haven't been able to download all-new versions of your favorite apps from the Google Play store, including NextRadio? Not to fear: It has just become the latest device powered by Android to support the app that turns any smartphone into an FM radio.

Jacobs Media’s 2018 Techsurvey is out and contains some interesting results. The survey was conducted earlier this year and involved more than 560 radio stations and 64,000 respondents. Here are the key findings.

Saying The Home Depot is the dominant advertiser on radio these days is a bit like saying Elvis sold a few records. For the week ending August 26, the big-box home improvement outfit posted 58,655 spots on radio across the country, according to Media Monitors.

In a story that has wide-ranging implications, the two companies have reached a “substantial settlement.” Music company BMG Rights Management and Cox Communications have long been at loggerheads over a digital copyright case and this deal marks a turning point.