SBS Sees Strong Q4 As Recapitalization Plan Is Revealed
Just after 6pm Eastern on Wednesday (4/19), Spanish Broadcasting System (SBS) at long last revealed its Q4 and FY2016 financial results. The company had a strong Q4. But, it may not be enough: Along with the results came a recapitalization strategy and the revelation that the sale of non-core assets is in the works.
AM Synchronous Booster Fighter Bounced By Pai
A Puerto Rico-based operator of a trio of AM synchronous boosters has lost his appeal to the FCC to keep what the Commission has authorized as test operations on the air. Here's what the Commission had to say in rejecting a request to extend a "test" of these boosters for another six months.
SBS Victorious In Salsa Copyright Case
As legislators on Capitol Hill consider new ways to impose new royalty fees on radio, this media company just won a copyright case in U.S. District Court against plaintiffs who sought thousands of dollars in fees for the airplay of songs from classic Tropical music acts.
A Radio One Exec To Exit At Year’s End
The Chief Administration Officer of Radio One has decided to leave the company focused on African American media consumers at the end of the calendar year.
Bucs Love iHeart: Multi-Year Pact Set For NFL Franchise
The Tampa-St. Petersburg station group owned by the No. 1 owner of radio stations in the U.S. by station count has just scored a touchdown all of its own. That's because its scored an extension with the Tampa Bay Buccaneers NFL franchise that includes a shift of the team's games to iHeart's Rock station in the market.
Radio One Schedules Its Q1 Results Release
Radio One’s Q1 2017 guidance shows a year-over-year decline. Company President/CEO Alfred C. Liggins III expressed little surprise when sharing the news with the financial community in early March, when the company released its full-year and Q4 2016 results. What sort of decline will the African American-focused media company see in Q1? The answer will be revealed May 4.
Amplifi Media, Jācapps Form ‘Internet of Things’ Venture
A pair of radio industry veterans have teamed together for a joint venture dedicated to strategizing and creating voice command solutions for the radio and podcasting industries.
Here’s a New ‘Sales Enablement’ Platform For Media Players
A new service platform that's an "audience extension solution" designed to assist media companies in selling digital and traditional media more efficiently in an increasingly complex digital marketplace has arrived just in time for the 2017 NAB Show.
Saga Sets The Date For Its Annual Shareholders Meeting
With its stock at its highest point since March 2014, Saga Communications is a shining star among publicly traded broadcast media companies. Therefore, its upcoming annual shareholders meeting could be filled with positive vibes.
Walgreens, Macy’s Step It Up On AM, FM
A cough and a coat may be what's needed to get through the spring flu season. If so, Walgreens and Macy's want to make sure you consider stopping in for a purchase — based on the jump in spots they placed on AM and FM stations across the U.S. last week,
An ‘Alexa Skill Building Bootcamp’ For NAB Show Attendees
Concerned about how an "Internet of Things" device may lead to odd wobbles in your station's Nielsen Audio ratings, mimicking what was just seen with Beasley's WYUU-FM in Tampa? A new program open to all 2017 NAB Show attendees that explores Alexa voice service technology may be just what you've needed.
Another Extension, And An Amendment, For iHeart Private Term Loan Offers
The nation's No. 1 radio station owner is amending the private offers to lenders under its Term Loan D and Term Loan E facilities. As a result, it is extending the expiration date on its term loan offers by another week.
Longtime FCC Senior Staffer Roy Stewart Dies
Stewart, who joined the FCC in 1965 and spent 44 years at the Commission — most notably as Chief and Senior Deputy Bureau Chief of the former Mass Media Bureau — died Monday (4/10) after a brief illness. The native of Brooklyn, N.Y., was 78 and lived in Northern Virginia.
A Mile High Deal With A Case Of ‘Deja Vu’
Kona Coast Radio is dealing away its home for Mile High Sports in Denver. Sound familiar? That's because the asset purchase agreement, filed Thursday with the FCC, comes two years and five months after an agreement was struck between the two parties for a different AM that once held the calls for the station involved in this deal.
Has Snap Cracked The Code On ‘Road To Register’ Success?
The hottest social media platform for the youngest members of "GenZ" and so-called "Centennials" is developing a tool designed to tell marketers if their advertising efforts designed to drive traffic to specific stores actually bring in these consumers. It sounds like something the radio industry has championed for years. Is Snap trying to take business away from radio, or emulate an "original" social media platform? We have our thoughts on the matter.