Alabama Slammer: A Radio Six Pack Trades Hands
Some 13 years ago, URBAN Radio Licenses purchased an FM in Muscle Shoals, Ala., from iHeartMedia. Fast-forward to just a few weeks ago, when iHeartMedia followed through with the sale of a new FM translator station serving nearby Florence, successfully bid on during Auction 83, to URBAN Radio—a deal intertwined with the 2005 transaction. Now, URBAN Radio is exiting the market.
DIRS Deactivated In Alabama, Georgia
The FCC has deactivated its Disaster Information Reporting System (DIRS) for the four counties in Alabama and multiple counties in Georgia impacted by Hurricane Michael. DIRS remains active in Florida, where recovery efforts are ongoing and could take weeks.
Radio To Advertisers: It’s Always Sunny In Philadelphia!
"Radio reaches 93% of adult Americans each week." Yet, radio is losing the battle for local ad dollars to digital media. In Philadelphia, corporate home to Entercom, radio stations want to turn the tide on the west bank of the Delaware River. A Wednesday "open house" of sorts was designed to fuel the reverse flow of dollars back to in-market AMs and FMs.
What’s In Store For Radio? Find Out At Forecast
Don’t let the door close on your chance to be part of the conversations at Radio's Financial Summit: Forecast 2019 and the “Top 40” reception that will set the tone for business over the coming year. RBR+TVBR is the official Media Partner for this event, which brings together associates old and new for a full day — and evening — of exclusive networking.
Hispanic Radio Podcast: Cracking The Code With AM/FM
From 2013 to 2018, Asian, Latino, and black audiences have been ahead of the streaming curve. The average TV viewer spends 43% of time with live TV, 35% with streamed content. With the RIAA mid-year 2018 Latin Music Revenue Report showing a surge in paid streaming formats, could the window of opportunity for new Hispanic radio entrants be closing? In this Hispanic Radio Podcast, Horowitz Associates' Adriana Waterston tackles the topic.
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.