A big stock sale designed to raise millions in cash -- and perhaps millions more -- has come along with a significant strategic partnership. How did Wall Street react? Comscore shares immediately sank in early trading on Tuesday. At the Closing Bell, a punishing 18% nosedive was logged.
After 43 years of working in, owning and running radio stations and radio broadcasting companies, the President/COO of Hubbard Radio will be retiring at the end of 2019. The news came via an internal memo distributed to employees by company Chair Ginny Morris.
The USA as a whole is graying. The median age of the nation rose by one full year between 2010 and 2018. But, the pace of this aging is different across race and ethnicity groups, newly released 2018 Population Estimates from the U.S. Census Bureau show. What does this mean for broadcast radio and television?
RBR+TVBR has confirmed that on-air talent represented by the Screen Actors Guild-American Federation of Television and Radio Artists (SAG-AFTRA) have agreed to a new contract with Entercom Communications-owned all-News KYW-AM 1060 in Philadelphia.
On July 1, on a cool winter's day in Australia, Southern Cross Austereo will be muting everything but the music on its national Rock brand, Triple M: no shows, no announcers, no news, no traffic and no ads. There's a powerful reason why, and it's getting lots of positive attention.
The Smart Audio Report Spring 2019 survey, produced by Edison Research in partnership with NPR, finds that seven-in-10 smart speaker owners use their device daily despite security and privacy concerns. These concerns are the main reason why non-owners don't have them.
Here's a deal that we guarantee is no typo: Backyard Broadcasting PA LLC is selling a group of stations in the Williamsport, Pa., area to Backyard Broadcasting of Pennsylvania LLC. This deal, brokered by Kalil & Co., involves five FMs, an AM, and an FM translator.
Since 1982, New York Festivals Radio Awards have saluted the best in global audio content. We now know who the 2019 winners are, and among them is Westwood One and a famed CBC journalist who has hosted Radio One news magazine The Current since 2002.
It's a lightly traded issue on Nasdaq. Still, Saga Communications shares are considered to be "near fair value" by analysts, Yahoo! Finance notes. Is that less than stellar news, as SGA continues to struggle with a recovery from a five-year low?
Once upon a time, a Class B AM with a 50kw daytime signal and 1kw nighttime signal blanketing nearly all of the market was the envy of radio broadcasters. Today, it's a property being plucked for under $1 million from a licensee in the midst of a Chapter 7 bankruptcy proceeding.
When you're the founder and Chairman/CEO of what's poised to become the nation's biggest owner of broadcast TV stations, there should be no squabble among shareholders with respect to the top dog's compensation package ... right? Wrong.
While many of us postulate the wide-ranging effect ATSC 3.0 and 5G will have on the broadcast media industry, we rarely actively plan for it until that change is upon us. A group led by Magid; FOX; and 20th Television; in tandem with the Council for Research Excellence; aims to do just that.
Tired of those global looks at just how rapidly digital advertising is growing, and its potentially negative impact on your company in the coming years, should digital strategy and innovation be absent from your C-Suite? Sorry. New analysis from Juniper Research demands your attention.
The big takeaway from the latest Media Monitors Spot Ten TV report is the renewed presence of auto dealer associations. They are committing to broadcast TV to help bring a last-minute push in auto sales and leases ahead of what could be the end of fiscal 2019 for many.
Radio's advertiser ROI is a story some say isn't told enough, or well enough, by the industry. Yet, several top U.S. brands continue to show their commitment to AM and FM radio stations, and in a big way.
The Quick Service Restaurant (QSR) category will come close to spending $4 billion in local advertising this year. But, is that spending thanks to local digital growth, rather than radio or TV? Perhaps, a newly released BIA Advisory Services report notes.
A bill that would facilitate the speedy deployment of 5G by allowing government agencies to become more efficient and effective in their spectrum use and requiring key mid-band frequencies be made available for commercial wireless use has been introduced in the Senate.
Internet and digital news for the broadcasting industry.
"The trusted platform that makes data accessible and meaningful" has entered into a definitive agreement to acquire a media measurement company that works with brands, agencies, cable operators, streaming TV services, and networks to tie cross-screen ad exposure with "real-world outcomes."
Thanks to the post-Spectrum Auction repack process presently underway for TV stations across the U.S., Radio Frequency Systems (RFS) is in the midst of strong growth. One product is driving this success.
Part of the original design for the Monroe Model R232 MultiPort RF matrix switch, the chassis design allows all electronics to be fitted into a 1-RU-high chassis, in turn enabling the highest-possible density in this type of RF routing equipment.