Townsquare’s ‘Insane Inflatable’ Bubble Burst
Townsquare Media is much more than its market-leading Country WYRK-FM in Buffalo, Talker "New Jersey 101.5," or any of its other 310 radio stations in small and medium-sized markets across the eastern half of the U.S. Townsquare has made its mark with entertainment events including concert festivals and even athletic gatherings. It is in the latter category where its "Insane Inflatable 5K" events can be found, and it is this particular event that is draggin' the bottom line for Townsquare.
Surrender: Randy Michaels’ Current Tune
On Aug. 3 RBR+TVBR reported that the FCC had adopted a hearing designation order pertaining to an FM radio station in north-central Michigan to determine whether the station’s license renewal application should be granted. The station has operated just one day a year since it was initially licensed in 2010, and is owned by Radioactive LLC, led by noted radio industry executive Randy Michaels. There will be no hearing, and here's why.
Scripps Ready To Pitch For Funds
The E.W. Scripps Co. on Aug. 2 agreed to purchase the Katz multicast TV networks Bounce, Grit, Escape and Laff for $302 million. Scripps was already a 5% owner in a portion of the business, so its net purchase price is $292 million. That requires some help, and Scripps is going to start asking for it.
Davis Inks A New iHeart Deal
After more than two decades with iHeartMedia, Darren Davis has signed a long-term contract to extend his role as President of iHeartMedia Networks Group. Here are the details to accompany the snazzy new photo the nation's No. 1 owner by station count provided this morning.
An Earnings Downtrend For CBS Radio
With Entercom Communications on track for a Q4 closing of its Reverse Morris Trust-fueled merger with CBS Radio, there has been heightened awareness of ongoing weakness at the unit of AMs and FMs that's being spun from a company hot on "OTT" and other "new media" darlings of Madison Avenue. How did CBS Radio do in Q2? As expected, revenue was down.
Beasley Bids Adieu To Its CRO
The company's Chief Revenue Officer since the start of 2015 was let go by the radio broadcasting company last week. A personal note on this individual's Facebook page confirmed chatter that emerged late Friday that a change had been made at Beasley, with the elimination of the job position.
Coffee, Toast and Comcast: On The Plate For Radio Show
Top media and advertising representatives for one of the country’s leading radio advertisers have been booked to "headline" the 2017 Radio Show Advertiser Breakfast. Comcast is this top advertiser, and they'll get the podium at the breakfast set for Thursday, Sept. 7 from 7:30am-9am Central.
Emmis/NYC Head Replaces Pineda As NYMRAD Treasurer
The SVP/Market Manager of Emmis Communications' Gotham cluster has succeeded Ramon Pineda as Treasurer of the New York Market Radio Association (NYMRAD).
Penney’s Paves The Way With Radio
With all of the negative chatter of late regarding brick-and-mortar department stores, one has decided to use radio spots to help bring in the shoppers -- and keep the registers ringing. This venerable retailer is among the top five advertisers using AM and FM commercials. Who else is actively using radio? The answer is just a click away.
RBR+TVBR Helps FCC Serve NUO To Neighborhood Pirate
Albo Investments has been handed a Notice of Unlicensed Operation for pirate radio broadcasts that prevented radio listeners — including RBR+TVBR Editor-in-Chief Adam R Jacobson — from receiving local Jazz noncomm WDNA-FM 88.9 in Miami while driving through downtown Hollywood, Fla. The NUO comes after Jacobson on May 3 tweeted a video of the pirate's signal and tagged the FCC and Chairman Ajit Pai, and avid Tweeter.
This Brand-New FM Bumps ‘AM Revitalization’ In Florida
Attention, Northwest Florida radio listeners. You are about to witness the birth of a brand-new radio station. As a result, you are about to witness the death of an FM translator presently using the signal to bring "AM revitalization" to an Urban AC. That's because a full-service station on that frequency is being added to the FCC's FM Table of Allotments.
Walsh Inks A New Two-Year Deal With Emmis
A former McKinsey & Company management consultant who later served as CFO of HD Radio developer iBiquity Digital Corp. has agreed to a two-year contract extension as Jeff Smulyan's No. 2 leader at Emmis Communications.
Mary Quass: The Next MIW Trailblazer
The Chairman/CEO of NRG Media has been named a 2017 MIW Trailblazer by The Mentoring and Inspiring Women (MIW) in Radio Group. Mary Quass will receive the ninth annual MIW Radio Group Frances Preston Trailblazer Award on Sept. 6 during the 2017 Radio Show Wednesday Headliner general session.
A Net Income Dip Sends Scripps Investors Scurrying
Here's the skinny on The E.W. Scripps Co.'s Q2 earnings results, released early Thursday: Net income fell by 4 cents per share, despite an increase in operating revenue. Its TV revenues are flat, but its radio division suffered a 5.2% dip in its revenue. Even worse, the TV division saw a 6.6% dip in its segment profit, while the radio division's profit tumbled by 25.5% in Q2.
Could Randy Michaels Lose An FM’s License?
The FCC on Thursday adopted a hearing designation order pertaining to an FM radio station in north-central Michigan to determine whether the station's license renewal application should be granted. The station has operated just one day a year since it was initially licensed in 2010, most recently on Oct. 17, 2016. It's owned by Radioactive LLC, led by the flamboyant former CEO of Tribune Co., Clear Channel and Jacor Communications.