Radio News

Tuesday brought another tough trading session for Entercom stock. Volume was heavier than normal. The company's share value declined hour by hour. By the Closing Bell, ETM finished down 5.2% — a level not seen since November 2012, well before CBS Radio was on Entercom's radar.

If you didn't think a May 14 Supreme Court ruling that allows states to decide if sports gaming is legal or prohibited would be highly impactful for radio stations, think again. One of the industry's most well-known, and well-liked, veteran executives has just become an investor and strategic advisor in the first media network dedicated to sports gambling information.

Dates and times for calling hours and the funeral service for Joe Bilotta, the retired President/CEO of Buckley Broadcasting, have been announced by the family. Bilotta passed away of pancreatic cancer Friday afternoon at the age of 69.

Here's a novel idea from Media Information Bureau columnist Kelly Orchard: "The broadcast industry can use their powerful voices to improve the lives of their listeners." In her view, radio broadcasters can play a major role in replacing isolation with socialization. What would be the benefit to radio? Find out in this Members Only offering from RBR+TVBR!

On May 18, Emmis Communications stock soared to its highest closing price since March 2015. After some profit taking, the company's shares finished a short Memorial Day holiday week on an up note. Meanwhile, a robust recovery for Urban One shares is worth noting.

Mike Novak, the chief executive of contemporary Christian radio organization EMF, announced Friday he will retire as CEO of the ministry that operates the K-LOVE and Air1 radio networks. He will step down sometime in the coming months after 20 years of service.

There's a war of words that has erupted between one of the Hispanic market's most important broadcast media companies and the nation's dominant producer of audience estimates. At issue are the latest problems to plague Nielsen Audio's PPM-based measurement of the Los Angeles market.

If you haven't gotten nervous yet about the performance on Wall Street of two very different companies that, unfortunately, some confuse because of their similar names, today might be the day to start the nail biting. Entercom shares tumbled another 3.2%, while Entravision shares dipped to the $4 mark.

CTIA cites mid-band spectrum — with its range and high capacity for mobile traffic — as a key building block for 5G networks. The 3.5 GHz band will be the first mid-band spectrum available in the U.S. ... and the trade association wants it brought to market.

Borrell Associate’s latest Digital Marketing Services Report contains some good news for radio, saying that stations should focus on the multi-billion-dollar search engine optimization market.

Streamline Publishing is proud to announce that Forecast 2019 will be co-chaired by Marci Ryvicker, Managing Director and Senior Equity analyst of Wells Fargo Securities. She joins Caroline Beasley, CEO of Beasley Media Group, in co-chairing the annual industry summit.

The Media Rating Council has granted the ratings company five additional PPM Audio markets, bringing Nielsen's total to 30 PPM audio markets out of 48 that are accredited by the MRC for Nielsen Audio’s monthly Average Quarter Hour Ratings.

BMI wants radio to cough up more for using their music, but the Radio Music Licensing Committee wants that rate lowered. The wild card is streaming music and the venue to sort it all out in federal court is New York.

The FCC found the station and its licensee Roy E. Henderson guilty of three violations but will grant the station's Renewal Application upon completion of the enforcement proceeding. The violations stem from the station falling silent on January 21, 2015, and an objection to its application for renewal.

The close of the market on Friday saw the company’s stock hit an all-time low of $6.57. By contrast, the stock’s all-time high was $14.12 in 2015. Precipitating the slide was Thursday’s news, reported here, that Townsquare is selling NAME (North American Midway Entertainment) back to Danny Huston.