Radio News

The freshest quarterly data crunched by CFOs and signed off by CEOs across the radio industry landscape will soon be shared with Wall Street observers and investors. Among the companies to deliver their latest financial figures is Emmis Communications. The radio company that's also the parent to TagStation will deliver its fiscal 2018 Q2 results on Thursday morning. 

There's no getting around this bruising bit of data from S&P Global Market Intelligence-owned media research group Kagan: U.S. broadcast station mergers and acquisitions volume reached $189.6 million in Q3 2017. This is the lowest quarterly deal volume of the year. But, the previous two quarters were skewed by two billion-dollar deals.

According to an SEC filing made by Urban One, Karen Wishart's first day as a company EVP was Monday, and she's already working with Chief Administrative Officer Linda Vilardo on a successful transfer of her duties to Wishart. Vilardo's last day of employment is Dec. 31, and we now know how much Wishart will earn in 2018.

Factors that will affect the outlook for local advertising will be discussed during an upcoming Distance Learning webinar offered by MFM and its BCCA subsidiary. The discussion will delve into the forces driving local media purchases in the coming year and features insight and observations from two leaders at BIA/Kelsey.

Still not convinced that the Amazon Echo or Google Home are more than just fads and that their growing presence in U.S. households isn't important to the radio broadcasting industry? A new report from Futuresource Consulting indicates that the smart home market will be worth $6 billion by the end of 2017, and it's rising fast.

One of the nation's fastest growing artificial intelligence (AI) providers has signed an expanded, two-year agreement with the nation's top radio broadcasting company. The wider agreement allows iHeart to use the Veritone AI platform at more than 200 radio stations in the nation's top 50 markets.

A Class A FM straddling the North Dakota-Minnesota border and its Class C AM sibling have been sold to a "13G" local buyer. But, the buyer and the seller aren't exactly unfamiliar with one another: They are both members of the Ingstad family. It's the lead deal in RBR+TVBR's TRANSACTIONS TODAY.

As the world learned of the most horrific mass shooting in U.S. history on Monday, radio stations across North America excelled in providing a venue for comfort, healing, and discussion. Among these stations is Beasley Broadcast Group's Country KCYE-FM "102.7 The Coyote" in Las Vegas, which saw one of its own talent describing his experience fleeing the scene late Sunday while also taking calls from emotional listeners on-air.

If you didn't think broadcast TV thinks AM and FM radio stations were important, look at the amount of spots airing at broadcast radio promoting two networks. The Media Monitors Radio Spot Ten report shows one of the Big Four networks cleared nearly 38,000 spots on the radio stations it tracks.

The fourth quarter is here, and as we prepare to review the next batch of earnings reports from broadcast media companies, those inside the C-Suite may wish to take note of what Wilkinson Barker Knauer partner David Oxenford calls the "numerous regulatory obligations" that the next 30 days will bring. Here, we review what many TV companies will need to put on their calendars and mark, in red, today.

FCC Chairman Ajit Pai's likely confirmation by the U.S. Senate, giving him a retroactive five-year term, will come late Monday after another 2 1/2 hours of debate in the upper body of Congress. What's still uncertain is the renomination of Republican Commissioner Brendan Carr for a five-year term starting next summer.

An iHeartMedia sales veteran who joined predecessor company Clear Channel in May 1998 and has been associated with iHeart's Pittsburgh properties for the last 19 years is relocating to the "Virginia-Carolina Region."

A Class C FM that's reducing power in order to move closer to the Phoenix area is being sold along with its Class C AM sister and an FM translator serving a picturesque region of Arizona some 90 minutes north of the Valley of the Sun. The buyer is a new FCC licensee, but is no stranger to radio station ownership: It controls the regional Mexican noncomm network tied to the Cesar Chavez Foundation. The seller was represented by Kalil & Co. of Tucson.

A top radio industry executive, a top broadcast TV business leader, and the head of a multimedia company that owns radio stations and a pay-TV network will join together in mid-October to share their thoughts on the future of broadcast media. The trio will appear on a panel at the annual NABOB Convention in Washington, D.C.

Media industry credit association BCCA has scheduled a full-day seminar focusing on high level credit-related issues for the media industry’s credit professionals, including those serving its magazine, newspaper, television, radio, cable, out-of-home, interactive and digital media segments.