Radio News

The financial services firm resumed Pandora coverage, Wednesday, with an Overweight rating and a price target of $12.00. Things remain bleak for the music-streaming company and the infusion of cash from Sirius XM will not likely be a game changer, but will slow the bleeding and bolster the balance sheet.

Now that the second half of 2017 is here, one network radio operation has set its sights on advertiser growth. As Skyview Networks EVP/GM Jeanne-Marie Condo sees it, Q3 and Q4 are looking strong. That's all thanks to a new client perspective on the power of network radio and national ad sales, she tells RBR+TVBR in an exclusive interview.

In last week’s Media Monitors Radio Spot Ten report, The Home Depot was in first place again airing 86,238 spots and iHeartRadio held on to second place. Burger King came out of nowhere to also make the top ten.

Former Cumulus Media co-founder and CEO Lew Dickey is looking at media investments according to his filing with the Securities and Exchange Commission for his company Modern Media Acquisition. In May, the company raised $207 million the company pulled in from an IPO in May.

According to an ad-blocking study conducted by Kantar Media TGI, heavy radio listeners (over 15 hours per week) are 24% more likely to use ad blockers that create digital barriers for marketers. Static ads that pop up on websites and other digital display ads are less effective for this group. But broadcast radio and online streaming are more effective ways for marketers to reach consumers who are using ad blockers.

Scott Herman, Chief Operating Officer of CBS RADIO, and Jordan Wertlieb, President of Hearst Television, were voted to the office of VP during the Broadcasters Foundation of America’s Board of Directors meeting in New York City, recently.

Tuesday may be Independence Day, but that doesn't give any ol' person the independence to become an unlicensed radio station operator. Just in time for the Fourth of July, the FCC on Thursday issued no less than five Notice of Unlicensed Operations to a half-dozen buccaneers of broadcasting. Three involve Boston-area pirates. The other two are tied to fake FMs in South Florida.

Radio Vermont has decided to divest its stable of radio stations after 86 years of continuous ownership. Richard Foreman and Associates has been named the company's exclusive broker, and the search for a new owner has begun.

Westwood One and NextRadio have partnered to roll out what they say is "the first and largest interactive audience measurement tool of over-the-air FM radio." This means "old-school broadcast radio" can now deliver the same insights on audience, engagement, clicks to retail, and more as digital advertising, they say.

With literally hours to go before the death of a major satellite that provides a significant amount of music and spoken word programming to radio stations across the U.S., at least one major program supplier is very pleased with the substantial progress seen since the end of May on the need of AMs and FMs to repoint their dishes to the replacement of AMC-8. There's still a way to go, however.

In a move first predicted by Recode on Monday, struggling streaming audio firm Pandora's CEO and co-founder has decided to step down as its chief executive while also agreeing to depart the company's board of directors. Without elaborating, the company also revealed that two other key executives were leaving. Is a man once tied to the Toronto Maple Leafs shaping Pandora's future?

The Media Rating Council (MRC) on Tuesday issued a draft version of its Digital Audio Measurement Guidelines for a 45-day public comment period. The draft was developed in collaboration with a large working group of organizations involved in the digital audio industry, which included digital audio ad buyers and sellers, digital audio content distributors, measurement services, and others.

Sirius XM Radio Inc. has proposed taking on some $1.5 billion in new debt. What does Moody's Investors Service have to say about the satellite radio company's loan endeavor?

Financial institutions from banks to mortgage lenders have been increasing their marketing efforts in recent months as the economy continues to show signs of improvement. But, what about credit card companies? One is using radio, and they are back on the latest Media Monitors Radio Spot Ten report.

One of the most famous voices in the history of U.S. Hispanic radio is back on Southern California's airwaves. Tomorrow marks the second edition of El Cucuy y Mayra Berenice, a Saturday midday talk and entertainment show airing weekly from 10am-2pm on Entravision's Classic Regional Mexican Hits station serving Los Angeles, KSSE-FM 107.1 "La Suavecita."