Thursday, September 19, 2024

An Investment That Requires ‘A Leap Of Faith’

Entercom sure is getting a lot of attention from Wall Street and financial houses across North America, thanks to its merger with CBS Radio. But, is that all good? Gregory Vousvounis, a full time investor mainly focused on U.S. equities, writes for Seeking Alpha that Entercom "will be a multi-bagger" over the next three to five years. That depends on a few things, including prayers.
Jon Zellner [Photo: Katherine Tyler for iHeartRadio]

Zellner Gets a Programming Promotion at iHeart

In his new role, Jon Zellner will manage the programming, content and strategy for iHeartRadio’s digital channels and playlists while continuing to oversee iHeartMedia’s programming operations. The veteran radio programming executive has been with iHeartMedia since 2009 and has a rich history in FM.

Why Did Pandora Stock Slide On Friday?

It's been a bruising end of July for some publicly traded stocks, notably Facebook and Beasley Broadcast Group. On Friday, streaming audio player Pandora joined the club. Why did the company's shares dip by nearly 7%? Zacks may be behind it.

A Texting Platform Built For Radio, By Radio Pros

Benztown, the radio imaging, voiceover, programming, podcasting and jingles business, is partnering up with a provider of digital revenue-generating products for local businesses and radio stations across the U.S. to launch what it is calling "a robust texting service and contesting and communications platform" exclusively for radio stations.

A ‘Uforic’ Move For More Programmatic Power

Univision Communications' radio and music streaming app is now capable of giving advertisers a bigger punch for their media investment. It's thanks to a new partnership with digital audio advertising tech firm AdsWizz.
Former New York House Democrat Joe Crowley, now Chairman of recording industry advocacy group musicFIRST.

As ‘AMFA’ Markup Awaits, Crowley & Co. Spin Their Story

Getting the "American Music Fairness Act," which would impose new royalty fees on radio airplay of recorded music, this far is an achievement. But, getting it passed in the House is a whole other matter. Even with a new push that sees 40+ "prominent music artists and creators" seek Congressional approval of the proposed law, the likelihood of that happening is slim.

Sun Broadcast Group’s Gem Of A Sale

Looking for a big deal to start September with? Look no further, as a national radio network reaching more than 205 million listeners has just been acquired by one of the largest independently owned multi-platform organizations in radio. Jason Bailey and Julio Aponte Jr. will continue to hold key roles at Sun.

It’s Started: Media Bureau Starts 2022 Quadrennial Regulatory Review

With the release on Thursday afternoon of a Public Notice, the Media Bureau of the FCC formally commenced the 2022 Quadrennial Review of the Commission’s media ownership rules. Accordingly, the Bureau seeks comment, by law, on whether the media ownership rules presently in place remain “necessary in the public interest as the result of competition.”

Royal Flush: NHL’s Kings Choose iHeart Over Cumulus

For the last four seasons, the Los Angeles Kings NHL club aired all of its games on Cumulus Media Talker KABC-AM 790. Starting Tuesday night, with the first pre-season game of 2018-2019, the team's coverage is shifting to an all-new digitally focused platform conceived by iHeartMedia's Los Angeles station group. 

Valdés Gets ‘New’ Program, Podcasts With Westwood One

In October 2022, he stepped in for Jim Bohannon, who retired for undisclosed health reasons before passing away on November 12. Now, he's officially been tapped by Cumulus Media as the host of "an all-new radio program" and two different podcasts.
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Ten Essential Media Stats From September

Once every so often, RBR+TVBR's Jefe, Eric Rhoads, will forward an item deemed noteworthy to the newsroom. On Thursday, Mr. Rhoads came across an item that grabbed our attention. The article puts into perspective how consumers are using media, and the biggest eye-opener deals with music streaming revenue -- competitive info that could be of keen interest to radio broadcasters.
The Miami Dolphins, now led by Tua Tagovailoa, just may be on the road to the Super Bowl for the first time since 1985 ... or not.

Fins Up! iHeartMedia Gets Dolphins Back from Audacy

If one wanted to hear Jimmy Cefalo, Joe Rose or Kim Bokamper as their game-day voices of preference as the Miami Dolphins battled it out on the field, they'd have to tune to Audacy-owned WQAM or sibling WKIS-FM in the Miami-Fort Lauderdale market. Now, after seven seasons, the Dolphins radio flagship is shifting back to iHeartMedia.

Can Radio Be A Cycle Breaker?

One of the best traditions in radio circles is the annual Forecast conference, now in its 16th year, which will be presented on November 14 at the Harvard Club in New York City. It’s an opportunity to hear from some of the industry’s leading thought leaders, revenue experts, and trend-setters. Here's why you should attend — if you haven't planned yet to do so.
CUMULUS MEDIA Stacked

Cumulus’ Lehigh Valley Leader Adds NEPA Purview

Since 2014, she has held the role of VP/Market Manager for Cumulus Media's five radio stations serving Pennsylvania's Lehigh Valley. Now, she's expanding her duties to become Regional VP/Market Manager, adding duties for the company's Scranton-Wilkes Barre stations to her oversight of the Allentown-Easton-Bethlehem market.
Univision Communications, Inc.

A Former Nexstar Exec To Lead Local Media For Univision

A SVP and regional manager for Nexstar Media Group with oversight of operations for 32 stations in 15 markets has just joined the nation's leading Hispanic media company. With experience in Michigan and Indiana, this pro will now be charged -- initially -- with leading both Univision's radio and TV properties in Los Angeles, New York, Miami, Dallas, Houston and Chicago.