Westwood One Urges C Band Downlink Registration
Westwood One, the national radio arm of Cumulus Media, is urging every major commercial broadcast radio station to register their existing C Band downlinks with the FCC. Why? We've got the answer.
Cumulus, Baisden Settle Payment Tussle
The long-running and oftentimes bitter battle between syndicated Urban radio personality Michael Baisden and former distribution and production partner Cumulus Media has officially ended — sort of. The bankruptcy judge overseeing Cumulus' Chapter 11 reorganization plan is taking formal objections to a settlement he's agreed to sign in early June.
A Fully-Digital Attribution Service Arrives For iHeart
What is being hailed as "the first fully-digital attribution service for broadcast radio that will transform the way advertisers plan, buy and measure their audio campaigns to better optimize the unparalleled reach of radio" has been launched by the nation's No. 1 radio broadcasting company.
A Welcome Uptick For Entercom
With all eyes on Entercom stock, bargain hunters swooped in to give the radio broadcasting company a much-needed gain on Wall Street. With the Closing Bell on Tuesday, ETM shares were up 6.2% from Monday. A columnist at MarketWatch may be to thank.
Saga Board OKs A Quarterly Cash Dividend
The dividend, approved today by Saga Communications' Board of Directors, will be paid on June 22 to shareholders of record on May 31.
Audioboom Deal For Triton Goes Bust
On Feb. 13, one of the world’s top spoken word audio on-demand platforms made a major play for one of the globe’s biggest streaming audio providers: Audioboom offered to purchase Triton Digital for $185 million in an all-cash deal. Three months later, the transaction has been cancelled.
Radio Receiver Sales Sizzle … In Europe and Asia
While all of the buzz in the U.S. is about how smart speakers will bring in-home radio consumption back to where it once was, receiver sales in the Europe and Asia, including Australia and New Zealand, hit record levels in 2017. It's a tale of two worlds, and DAB has much to do with the differences. We've got an especially spicy RBR+TVBR Observation to share on this topic.
Beware Of Your Strengths!
Do you know your strengths? If so, are you confident in them? Do you utilize your strengths in your business and relationships? These are some of the questions Media Information Bureau columnist Kelly Orchard addresses in her latest exclusive-to-RBR+TVBR column.
Cumulus Hires Harvill To Lead SFO Station Group
An individual with more than a decade of experience overseeing a group of radio stations serving the San Francisco Bay Area was recently displaced. As of today, he's no longer on the outside looking in. Instead, he's at a group of stations that were once formidable competitors, charged with bringing these AMs and FMs new riches and increased ratings.
Nielsen’s L.A. Story: A Big Ratings Reissue
The removal of four homes from the Los Angeles Portable People Meter (PPM) panel by Nielsen has led the nation's dominant audience measurement company to re-release seven months of Nielsen Audio ratings for the No. 2 market in the U.S.
Another Rough Day For Entercom On Wall Street
It was late January 2013 when Entercom Communications shares last traded in the low-seven-dollar range. With Monday's Closing Bell on Wall Street, Entercom shares have now done a flashback to a time when "Just Give Me A Reason" by Pink was the No. 1 song.
SiriusXM’s Big Push For New Subscribers
The introduction of a new SiriusXM app has led the nation's lone satellite radio operator to open up its content for all -- free of a paid subscription -- through May 29. This includes access to Howard Stern's two dedicated channels, which have never before been available via streaming audio.
Entravision Slides Toward A Five-Year Low
It was early September 2014 when Entravision Communications stock last finished below $4 a share. Based on the current performance of the Hispanic-focused multimedia company on Wall Street, another dip to $4 could be on the way.
N.Y. Bankruptcy Judge Confirms Cumulus Reorg Plan
As expected, U.S. Bankruptcy Judge Shelley Chapman has signed off on "findings of fact, conclusions of law," and the final order that confirms Cumulus Media's Chapter 11 plan of reorganization. The 148-page document, entered into the record Thursday, will put the wheels in motion on a plan that will eliminate half of the radio broadcasting company's $2 billion in debt.
Fidelity Snaps Up A Big Chunk Of ETM
According to a SEC filing made Thursday, a stock purchase giving "beneficial ownership" of a sizable number of Entercom Class A shares to one of the nation's biggest investment firms has been made. This deal gives Fidelity Investments a big chunk of the radio broadcasting company's publicly traded stock.