How Did Cumulus Do Against Its Peers In Q2?

By all accounts, Cumulus Media — the nation's No. 2 radio broadcasting company by number of stations — enjoyed a strong Q2. But, how does Cumulus match up against the industry's biggest players? Capital Cube asks this very question, and on Wednesday conducted an analysis by pitting Cumulus against seven publicly traded radio competitors.

A Top Local News Anchor Says Farewell To NYC

After 17 years as a morning co-anchor at WABC-7 in New York, Lori Stokes is leaving the Walt Disney Co. O&O. She made the announcement just before 7am. Stokes, along with 10+-year co-anchor Ken Rosato, enjoyed the highest ratings of any local news program broadcast in the U.S. A search for her successor is on.
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Full-Year Growth Of 5% For U.S. Ad Market Predicted

If there's one Wall Street analyst who has emerged as a prolific writer and prognosticator, it's Pivotal Research Group Sr. Research Analyst for Advertising Brian Wieser. He's been quite busy as of late writing up lots of reports and briefs on the state of advertising-driven media companies, and now he's released his forecast on how 2017 will fare for ad growth. 
Cumulus

How Did Cumulus Media Do in Q2?

Net revenue and Adjusted EBITDA were both up for Cumulus Media in Q2, as the company's net income improved considerably. There's also more cash on hand. While the company's total debt remains unchanged — at $2.42 billion — this was a good Q2, thanks to Westwood One.

North Ohio Is Hotchkiss’ New Region With Heart

The individual who has most recently served as Regional SVP/Sales for iHeartMedia in its Virginia-Carolina Region is taking his talents to The Flats and the home of LeBron James.

NYSBA Picks Pittman As ‘Broadcaster Of The Year’

The board of directors of the New York State Broadcasters Association has a big heart for iHeartMedia. That's because it has selected its Chairman/CEO as its Broadcaster of the Year.

Black Adds Third Ohio OM Hat, As ‘Big Bink’ Moves To Indy

Urban One's Radio One has assigned its OM for the company's Cleveland and Cincinnati radio stations additional duties for its Columbus, Ohio, stations. The move comes as the individual that had been leading the company's radio properties in the Ohio state capital drives west on I-70 to become Radio's One new OM in Indianapolis.

Ways To Capitalize On The Future, Courtesy of Pandora

Thanks to steady population growth, increased educational attainment and "a strong inclination toward entrepreneurialism," what's been labeled by many as the "New American Mainstream" is greatly impacting not only broadcast media, but key advertisers. It's one reason why one of the biggest challengers to AM and FM radio, Pandora Media, drafted a 22-page White Paper that provides a primer on why reaching the multicultural consumer is so vital for marketers.

This Christian Radio Player Just Named A New Leader

After an extensive national search, the board of directors for one of the nation's most successful Christian Contemporary Music (CCM) radio broadcasting networks has selected its new President/CEO.

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A Big Island’s ESPN Twins Find God

Among the many stations simulcasting on the Big Island are a pair of AMs that have served as the local ESPN Radio affiliate. These stations are now being donated by the Chuck Bergson-led Pacific Media Group, and the recipient is a religious non-profit based in the Aloha State. It's the lone deal on yet another quiet day for RBR+TVBR's TRANSACTIONS TODAY.

Can This FOX Affiliate Modify Its TV Market?

The owner of a FOX affiliate in the Deep South petitioned the FCC to modify the TV station's market to include communities some 60 miles to the northeast — including one that's the home to a major university. The FCC's Media Bureau just released its ruling on this request, from Woods Communications Corp.
ABC

ABC Says Yes To OOH Reporting From Nielsen

The Disney|ABC Television Group has given another vote of confidence to Nielsen's national out-of-home reporting service. In an announcement made Wednesday, the flagship ABC broadcast TV network will now join ESPN and ESPN2 as networks participating in the opt-in syndicated service.

A Top Local News Anchor Says Farewell To NYC

After 17 years as a morning co-anchor at WABC-7 in New York, Lori Stokes is leaving the Walt Disney Co. O&O. She made the announcement just before 7am. Stokes, along with 10+-year co-anchor Ken Rosato, enjoyed the highest ratings of any local news program broadcast in the U.S. A search for her successor is on.

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ABC

ABC Says Yes To OOH Reporting From Nielsen

The Disney|ABC Television Group has given another vote of confidence to Nielsen's national out-of-home reporting service. In an announcement made Wednesday, the flagship ABC broadcast TV network will now join ESPN and ESPN2 as networks participating in the opt-in syndicated service.
Digital Downloads

‘Digital Must Plateau’ … But When?

Are advertising agencies and the digital darlings of Madison Avenue smack dab in the middle of "a new era" for digital? "We don’t think so," declares Pivotal Research Group Senior Research Analyst for Advertising Brian Wieser. Wieser has data that debunks this theory.

This Nielsen Vet Just Accepted A Big New CRO Role

After 16 years as Nielsen's Chief Research Officer, Paul Donato settled in to his 23rd-floor condo in Miami Beach and launched his own media and market research company. Two months later, Donato has just accepted a new role that may see him spending less time on this island paradise and a lot more time on a busier island: Manhattan. 

Was EMF Thwarted Again In Its SoCal ‘Air1’ Fight?

Educational Media Foundation in late March asked the FCC’s Media Bureau to review its mid-2016 decision to award a new low-power FM station in Pasadena, Calif., on a signal used by a Class A EMF owns in Orange County, Calif. That was denied, but EMF in April filed a Petition for Reconsideration. Media Bureau Chief Michelle Carey just ruled on the petition.

Tech Roundup

Internet and digital news for the broadcasting industry.

Air Checking For The 21st Century: Why ‘AI’ Matters

Air checks are a standard yet critical tool in the radio industry. Whether for campaign verification or programming evaluation, the air check process has not changed very much in the last 50 years. Now, thanks to "AI," the radio industry has an advantage at its fingertips. A free Tuesday, Aug. 29 webinar promises to share all of the details.  

Amplified Audio Strategy, Thanks To Dante

MultiDyne Fiber Optic Solutions has amplified its audio strategy with the integration of Dante Audio over IP networking from Audinate into its range of openGear solutions for modular, high-density fiber transport and signal conversion.

Clearly Cleary: A President Is Picked For Joseph

Broadcast industry player and custom fiber solutions firm Joseph Electronics has upped SVP John Cleary to President. He will be responsible for supervising the company's day-to-day operations and takes over the position from company owner Yohay Hahamy, who will continue as CEO.