|
Radio News ®
|
 Emmis revenues up 4.1%
Kicking off the next round of quarterly earnings reports, Emmis says its revenues were up 4.1% to $142.4M. Since Emmis is not on a calendar year schedule, today's report is for its fiscal Q1, which ran March-May. Emmis will hold a conference call with analysts this morning to discuss the results. | Full Story Click Here |
So, where is the Report & Order?
FCC Chairman Michael Powell said last week it was "likely" the Report and Order for the Commission's 6/2 vote on media ownership rules would be issued yesterday (6/30), but he didn't say it was a sure thing. It wasn't. We're still waiting, just like you.
RBR Observation: If history is a guide look for the Report & Order to be released Thursday July 3rd at 4pm - right before the July 4th holiday. Holidays are great times to bury bad news and controversy.
Clinton weighs in on consolidation
Former President Bill Clinton is among the latest to weigh in on the FCC's 6/2 broadcast ownership action. He wrote a piece which appeared in the Saturday (6/28) edition of the New York Daily News. Guess which side he's on? | Full Story Click Here |
Canton Repository takes a stand on consolidation
It would appear that Copley Newspapers has a craving for television, and it is not at all happy about the attempt of Senator John McCain's (R-AZ) Senate Commerce Committee to take broadcast/newspaper off the menu just weeks after FCC Chairman Michael Powell put it there. | Full Story Click Here |
SavageStupidity.com hails victory
over Michael Savage; TRN responds
On 6/27, the National Arbitration Forum issued a decision in the domain name dispute filed by Talk Radio Networks against SavageStupidity.com, a website devoted to documenting and critiquing the public statements of talker Michael Savage.
| Full Story Click Here |
 CC Radio Launches "Music Guide Live!" mag
Clear Channel Collective Merchandising, a division of CC Radio, announced the release of the first CC Radio Music Magazine, "Music Guide Live!," to be distributed in over 30 markets across the US. The free publication showcases national recording artists, music news, touring information and local music and artist info. "Music Guide Live" will be published twice during the summer, in June & August, and will be branded with the complementing radio station within each market and with the CC Entertainment amphitheater when present.
RBR Observation: Is the 800-pound gorilla looking for a new jungle to conquer?
| Full Story Click Here | RBR Observation |
|
|
|
|
|
Zenith ups 2003 ad spending outlook
ZenithOptimedia upped its forecast for 2003 US ad revenue in the U.S., from its 1.9% estimate back in December to 2.2% in April to 2.7% in June. The better-than-expected performance is attributed to improved corporate profits from cutting costs and personnel in the face of the current recession. Zenith also adjusted its 2004 forecast from 4.5% in April to 4.7%.
| Full Story Click Here |
 Oil company ready to Shell out $25M
Just about everyone uses gasoline. Therefore, just about any television, radio and print media outlet is a potential participant in Shell Oil's $25M national and local campaign as it rolls out newly formulated gasolines. Its new tank-filler is designed to reduce friction inside a car's engine, thus improving mileage, and comes in three grades. Point-of-purchase, direct mail, outdoor and PR are also included in the multi-media blitz.
Local pop-up ads on the horizon?
The Sarasota Herald-Tribune reports a new local company, Infrastructure Engines L.L.C., CEO Bob Feather and co-inventor, Joe Kelley are launching local pop-up ad capability that will float along the bottom of the computer screen. | Full Story Click Here |
VNU forms Nielsen Ventures Unit
VNU Media Measurement & Information announced it has formed a new unit, Nielsen Ventures, dedicated to developing innovative products and services. Cable TV vet Ron Schneier was named to lead the business. | Full Story Click Here |
Office Depot launches Back to School effort
Office Depot is launching its strongest and most integrated marketing communications campaign ever, via BBDO NY. The integrated campaign uses retail marketing, direct marketing, catalogues, e-commerce, in-store materials and PR, as well as advertising.
| Full Story Click Here |
|
|
|
Media, Markets & Money tm
|
|
 Ethnics to chase Mickey out of San Diego?
Arthur Liu's Multicultural Radio is entering the San Diego market, apparently at the expense of Mickey Mouse. Multicultural, a brokered Ethnic group radio owner, is getting KSON-AM in from Jefferson Pilot (N:JP) in an LMA-option deal valued at $7.25M. The LMA kicks off 7/1. KSON has been the San Diego home of Radio Disney (N:DIS). Looks like the Mickster is going to have to find a new affiliate or, as he has in many, many markets, find a station he can buy himself. Multicultural is active in numerous large markets, including New York. In California, it has stations in Los Angeles, San Francisco, San Jose, Sacramento and unrated Yuba City. Broker: Michael J. Bergner, Bergner & Co.
|
|
|
July RBR Magazine
|
The RBR AdBiz upfront series begins
 Some 50% of the $1B annual network radio dollars allocated for next year will be spent in a couple of months. For our third annual upfront series, RBR follows the money-in the pre-network radio upfront and Q3/Q4 scatter markets; the upfront itself and resulting scatter markets. We talk with top industry network radio buyers, sellers and a few agency clients to address everything from CPMs/rates, trends, hot properties and products, predictions, supply and demand, inventory levels and the marketplace vs. last year. As well, we look at issues like what percent the nets are thinking to sell now and hold for later; what the networks could do to make the buyers' jobs easier this upfront and new creative and strategic offerings from the nets. On the buyer side, we talk with those commanding the vast majority of the dollars.
ON SALE NOW! July RBR Magazine.
$5.95 Order your Copy and see where the $1 Billion will flow.
Click Here to place your order
You know who you are... You missed Part 1 of Radio Up-Front... Don't Miss your Last Shot to reach the players and support your affiliates... CALL and Reserve your position NOW For August RBR Pt 2 of Radio Up Front
Ad space limited. For space reservations in the August RBR Magazine, contact one of us for information via email:
Jim Carnegie -- [email protected] 703 719-9500
Ken Lee -- [email protected] 703 719-9500
June Barnes -- [email protected] 803 731-5951
Company Pre-Ordering extra copies of RBR July issue for your in-house and advertising clients needs must be ordered ASAP. Cost is only $190 per 100 issues. Email: Cathy Carnegie, [email protected] to place your order
|
Radio Business Report
FIRST, FAST & INDEPENDENT REPORTING
|
|
|
|
Programming for Profit
|
|
Arbitron Arbitrends
| Albany | Dayton | Raleigh | San Antonio | York |
Urban, Country or somewhere in between?
We took the demo distribution section of the Interep (O:IREP) format study and created the following chart, which lists each format in order starting with the largest urban population percentage down to the lowest. | Full Story Click Here |
|
|
|
Engineered for Profit
|
|
 Gotuit Media aims to take TiVo
a step further for cable, radio
The Boston Globe reports startup tech company Gotuit Media is currently working with cable TV providers to index some of their programming to eventually bring about a TiVo-like viewing experience without the need for pre-programming. | Full Story Click Here |
|
|
|
Washington Beat
|
|
FCC auction gavel set to strike
The FCC is getting ready to auction of three FM stations and one full power TV. The auctions for a fourth FM and two LPTVs have been withdrawn. Auction No. 54 is scheduled for 7/23/03. | Full Story Click Here |
|
|
|
|
|
N TR Tip of the day
Co-op advertising is a budget expander!! It is the perfect way to increase advertising without having to add to a client's budget! By maximizing the co-op funds from their suppliers, it is possible to double the client's advertising.
Source: Mary Eckhart, Group Co-op Director,
Newradio Group. (920) 563-2667.
|
|
|
Radio Stocks
|
A flat day to end an up quarter
Stock prices were essentially flat Monday as Wall Street wrapped up its best quarter since 1998. The Dow Industrials were down four points for the day, or 0.04%, to 8,985, but gained 12.4% for Q2. Some other indices were up slightly for the day.
The Radio Index edged up 1.604, or 0.7%, to finish at 248.945.
Entravision was the day's big gainer, up 6.2%. Cumulus rose 2.9%.
On the down side, Salem fell 4% and Arbitron was off 1.7%
Here's how stocks fared on Monday
| Company |
Symbol |
Close |
Change |
Company |
Symbol |
Close |
Change |
| Arbitron |
ARB
|
$35.70
|
-$0.62
|
International Bcg.
|
IBCS
|
$0.04
|
+$0.01
|
|
Beasley
|
BBGI
|
$13.55
|
+$0.01
|
Jeff-Pilot
|
JP
|
$41.46
|
+$0.09
|
| Big City |
YFM |
$0.97 |
+$0.05
|
Radio One, Cl. A
|
ROIA
|
$17.87
|
-$0.06
|
|
Clear Channel
|
CCU
|
$42.39
|
+$0.61
|
Radio One, Cl. D
|
ROIAK
|
$17.73
|
+$0.06
|
|
Cox Radio
|
CXR
|
$23.11
|
-$0.02
|
Radio Unica
|
UNCA
|
$0.80
|
+$0.04
|
|
Cumulus
|
CMLS
|
$18.77
|
+$0.52
|
Regent
|
RGCI
|
$6.14
|
-$0.01
|
|
Disney
|
DIS
|
$19.75
|
+$0.41
|
Saga Commun.
|
SGA
|
$19.45
|
+$0.05
|
|
Emmis
|
EMMS
|
$23.13
|
+$0.33
|
Salem Comm.
|
SALM
|
$20.23
|
-$0.85
|
| Entercom |
ETM
|
$49.01
|
+$0.43
|
Sirius Sat. Radio
|
SIRI
|
$1.69
|
+$0.03
|
|
Entravision
|
EVC
|
$11.35
|
+$0.66
|
Small Town
|
STWI
|
$0.01
|
unch
|
|
Fisher
|
FSCI
|
$49.03
|
+$0.25
|
Spanish Bcg.
|
SBSA
|
$8.08
|
+$0.08
|
|
Gaylord
|
GET
|
$19.57
|
-$0.37
|
Viacom, Cl. A
|
VIA
|
$43.70
|
+$0.12
|
|
Hearst-Argyle
|
HTV
|
$25.90
|
+$0.86
|
Viacom, Cl. B
|
VIAb
|
$43.66
|
+$0.26
|
|
Hispanic Bcg.
|
HSP
|
$25.45
|
-$0.01
|
Westwood One
|
WON
|
$33.93
|
+$0.08
|
|
Interep
|
IREP
|
$2.79
|
+$0.37
|
XM Sat. Radio
|
XMSR
|
$10.99
|
-$0.10
|
|
|
|
|
RBR Bounceback
|
We want to hear from you.
Speak out to your colleagues in radio on any subject affecting this business.
This is your column, so send your comments to [email protected]
|
|
|
Competing Media
|
Anonymous P2P
swap shop sets up
Just as the RIAA and MPAA get set to go after individual Internet music swappers, one of the swap software providers is preparing its a response. Optisoft, provider of P2P program Blubster, will provide "...a new secure, decentralized, self-assembling network that provides users with private, anonymous accounts." RBR Observation: Mutually-assured destruction in the music industry?
| Full Story Click Here | "
| RBR Observation |
|
|
|
Upped & Tapped
|
|
Stewart heading engineering at HBC
Hispanic Broadcasting Corp. (N:HSP) has promoted David Stewart to Vice President of Engineering. He began working for HBC predecessor Tichenor Media Systems in 1985 as Chief Engineer of KBNA-AM & FM El Paso and moved to Dallas headquarters as HBC's Corporate Engineer in 1997.
WCKY-AM names Brian Perry PD
Clear Channel Radio's WCKY-AM Cincinnati has promoted CC Radio cluster Chief Technical Producer Brian Perry to PD, replacing Steve Versnick, who became PD at CC Radio's WERC-AM Birmingham.
Lance now Chairman at Harris
Harris Corp. (N:HRS) President and CEO Howard Lance has added another title to his business cards. He's now Chairman of the Board of Directors as well. Lance was elected to succeed Phillip Farmer, who is retiring from his remaining positions with Harris, completing a 21-year career with the electronics equipment company. "Phil led the company through very challenging market conditions in the late 1990s," Lance said of his predecessor. Farmer had been named President and CEO in 1993. He was succeeded by Lance in those positions in January of this year. Also retiring from the Harris board is Alfred DeCrane Jr., a retired Chairman and CEO of Texaco. He had served on the Harris board for seven years.
Taddeo joins Vallie- Richards
Former Clear Channel Senior VP/Programming, Jack Taddeo, is joining Vallie•Richards Consulting. Taddeo operated his own consultancy, Jack Taddeo Communications, for many years with clientele including CBS, Viacom, SFX, Bonneville, South Central, Pyramid and others. He held Senior VP/ Programming positions for SFX Broadcasting and Capstar, at one time overseeing the operations of over 300 radio stations until Capstar merged with AMFM, which then merged with Clear Channel.
|
|
|
RBR Radar 2003
|
|
Click on these issues for Radio News you won't read any where else. RBR--First, Accurate, and Independently Owned.
|
|
|
Industry Jobs
|
|
Account Excecutive
Midwest Communications radio stations in Sheboygan,WI is looking for an experienced Advertising Account Executive to sell three radio stations. The ideal candidate will have a proven track record of sales success, top prospecting skills, experience building local and agency accounts, outstanding phone/cold call skills, experience upselling existing accounts, experience collecting, proficiency in Power Point, Excel and Word Perfect and a positive attitude.
More about this job.
More jobs..
|
|
|
