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Savage: Deadline set
for Jacqui Smith apology
A letter from Talk Radio Networks' Michael Savage's attorney to former British Home Secretary Jacqui Smith has been sent, demanding an apology or a defamation suit will be filed against both her and the UK Government. The deadline is 9/1. RBR/TVBR spoke to Dr. Savage, who also told us the plot has thickened...
RCA's Gray says yay for radio
Even while the music industry is busy trying to pretend that radio is no longer relevant to selling their product, one of their own key executives has gone on record saying that airplay is critical to the recording industry's success. The exec is RCA Records Senior Vice President of Pop Promotion Peter Gray.
RBR observation: It was just a few years ago when the trades were full of the New York pay-for-play scandal, which roped in many of the biggest radio groups and recording companies. Dubious though the charges were, the bottom line is that the dollars involved testified more strongly than words ever could just how greatly modern recording companies value airplay.
Cash for Clunkers Jr.: A sequel of sorts
Another piece of stimulus is being aimed at retailers (and manufacturers), and that should be good news for broadcasters. Coming later this fall: A $300M government program to encourage the sale of energy-efficient appliances in exchange for juice-guzzling clunkers.
RBR observation: This program will at least bring a new category of advertiser out of hiding, and consumers may be more receptive than some observers think. Take us, the not so proud owners of a dishwetter. Click the headline to read more.
Political business quiet but not dormant
A candidate in the odd-year 2009 race for Governor of Virginia has provided a perfect example of how radio can be an effective political tool; and an early ad aimed at the 2010 South Carolina race underscores how television can be quietly effective.
RBR observation: A candidate is a brand, and there is no reason that the same subtle and effective strategizing used by these two campaigns won't work for any other brand somebody is trying to sell. Operators, don't just sell spots - help a candidate - or business -- effectively use your station and move them up to client status.
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Schurz wiggles out of Weigle deal
A triple LPTV deal in the small South Bend-Elkhart IN DMA would have added to Schurz Communications' already impressive collection of traditional media properties. But after a year with no FCC action, Schurz is stepping away. The cluster already has a full power CBS affiliated television stations, and AM-FM radio combo and a daily newspaper.
RBR observation: It wouldn't have come as a shock it the FCC had given it a thumbs down. As it is, by not going public with a ruling for a year, the Commission in effect utilized a pocket veto.
TRANSACTIONS
$350K WPYR-AM Baton Rouge LA from Davidson Media Station WPYR Licensee LLC, a subsidiary of Davidson Media Group LLC (Felix L. Perez) to Catholic Community Radio Inc. (David Dawson, John Hebert, Michael Norwood). $12.5K escrow, balance in cash at closing. Buyer is noncommercial entity. [FCC file date 8/3/09]
$190K WYNR-AM Louisburg NC from New Century Media Group LLC (Donald W. Curtis) to Johnson Broadcast Ventures Ltd. (Jimmy Johnson). $5K earnest money, $354K cash at closing, $150K note. [FCC file date 7/31/09]
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PROGRAMMING BUSINESS REPORT ™ |
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"Don Cheto" adds affils in San Diego, Denver
Liberman Broadcasting announced that its No. 1 rated Hispanic morning drive radio program, "El Show de Don Cheto," has been added to two radio stations: San Diego: Grupo Uniradio Corp.'s La Invasora XHTY, 99.7 FM; and Denver: Latino Communications' Que Bueno KBNO, 1280 AM |
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Doing a Bernanke bounce
Wall Street liked President Obama's nomination of Ben Bernanke to another four years as Fed Chairman. And there was also encouraging news from the Conference Board, whose Consumer Confidence Index went up. So, stock prices went up. The Dow Industrials rose 30 points, or 0.3%, to 9,539.
Radio stocks went along for the ride. The RBR Radio Index gained 6.989, or 7.3%, to 103.125. That's right, the index is now back above its starting point of 100 set December 29, 1995, the last trading day of that year. It's the first time the index has been above 100 since December 2007.
As for Tuesday's big gainers: Emmis gained 23.1, Salem 16.7%, Beasley 15.9% and Radio One 10.8%.
Here's how stocks fared on Tuesday
Company |
Symbol |
Close |
Chng |
Company |
Symbol |
Close |
Chng |
Arbitron* |
ARB |
|
18.10 |
+0.45 |
Fisher |
FSCI |
|
20.52 |
+0.01 |
Beasley* |
BBGI |
|
4.00 |
+0.55 |
Google |
GOOG |
|
471.37 |
+2.64 |
CBS CI. B |
CBS |
|
11.15 |
+0.14 |
Journal Comm. |
JRN |
|
4.16 |
+0.17 |
CBS CI. A |
CBSa |
|
11.17 |
+0.18 |
Lincoln Natl. |
LNC |
|
24.98 |
+0.09 |
Citadel |
CTDB |
|
0.06 |
+0.01 |
Radio One, Cl. A |
ROIA |
|
0.86 |
0.00 |
CC Media* |
CCMO |
|
0.85 |
0.00 |
Radio One, Cl. D* |
ROIAK |
|
0.81 |
+0.08 |
Cumulus* |
CMLS |
|
1.50 |
-0.07 |
Regent* |
RGCI |
|
0.33 |
+0.01 |
Debut Bcg. |
DBTB |
|
0.25 |
0.00 |
Saga Commun.* |
SGA |
|
16.85 |
+0.45 |
Disney |
DIS |
|
26.87 |
+0.07 |
Salem Comm.* |
SALM |
|
2.80 |
+0.40 |
Emmis* |
EMMS |
|
0.75 |
+0.14 |
Sirius XM |
SIRI |
|
0.70 |
-0.03 |
Entercom* |
ETM |
|
4.96 |
+0.43 |
Spanish Bcg.* |
SBSA |
|
0.30 |
0.00 |
Entravision |
EVC |
|
1.29 |
+0.03 |
Westwood One |
WWOZ |
|
7.01 |
-0.40 |
*Component of the RBR Radio Index
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Media, Markets & Money
Schurz wiggles out of Weigle deal
Due to lack of no FCC action
Washington
Business Report
FTC gears up
For journalism confab no-holds-barred 2 day session
Wall Street Business Report
Westwood One
Moving on stock sale, good news stock price has stabilized
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News you won't read any where else. RBR--First, Accurate, and Independently Owned.
Advertiser action
on Beck may spread
He may not need to feel so all alone, as advertisers may soon end up stoning all talkers who take strong stands on controversial issues of the day. But it's a problem for advertisers, too - if they forego people like Beck, O'Reilly, Olbermann, Limbaugh, Hannity and Maddow, they are often saying no to a network's biggest draws.
RBR observation: A courageous advertiser that wants access to a certain talker's audience will state as often as necessary that the talker does not necessarily represent their point of view, but that they do support his First Amendment rights ...
08/25/09 RBR #165
Agency observers pessimistic about recovery
There are basically two prevailing views about the economy among media types according to a new survey - those that think that while its better it has certainly not recovered...
RBR observation: We are generally leery of unscientific polls like this, but we were interested in these results nonetheless - they seem totally reasonable given the situation at hand. The perceptions of which media will be first to bounce back must be particularly chilling to folks in the newspaper business.
08/25/09 RBR #165
Shareholders meeting
delayed by Radio One
Perhaps we should say the meeting has been delayed by the US Securities and Exchange Commission. Radio One says it has to delay the meeting to respond to questions from the SEC.
08/25/09 RBR #165
Sales-Dealer No Deal
The following is a true story. .. a number of important factors to consider in today's marketing world - including the effectiveness of using the web together with traditional media;
08/25/09 RBR #165
How one musician
survived the labels
In many if not most cases, record labels are not friends of musicians. They are not sympathetic figures. They hide behind musicians at hearings, and many testifying musicians, such as Smashing Pumpkins frontman Billy Corgan, could not get through their hearings without complaining about labels. Not to mention the simple fact that they do not perform, they merely record. They should not even be a part of the PRA discussion.
08/25/09 RBR #165
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and more...see and bookmark www.RBR.com |
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