Veteran Radio C-Suiter Drew Horowitz To Retire
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.
This U.S. State Is The Only One Getting Younger
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?
KYW Union Employees Ink New Entercom Deal
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.
The Bad News Continues On Wall Street For Comscore
It's been nearly three months since CEO Bryan Wiener and President Sarah Hofstetter departed Comscore, leading investors to protest. On Friday, the company's stock hit another new low, and is now worth one-third of what it was just months ago.
Is Saga’s Current Stock Price A New Normal?
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?
Carr Talks, Warshaw Woos At Federalist Society Affair
How does Brendan Carr feel about "Ownership Limits in an Increasingly Competitive Audio Marketplace"? Attendees of a Tuesday Federalist Society luncheon may get his first public comments on the subject, along with insight from one key industry proponent of rule "modernization."
Pennsylvania AM Saved From Darkness By Twilight
One month ago, a Class B AM serving Reading, Pa., revealed that it would be signing off the air forever, ending nearly 90 years of service to this slice of the Keystone State. On Thursday, a white knight arrived to save WEEU-AM from eternal darkness. It's all thanks to Twilight Broadcasting.
What The Dickeys Could Have Done Differently At Cumulus
The radio industry is chatting over an appearance at The Conclave in Minneapolis by former Cumulus Media CEO Lew Dickey Jr. and his brother, John Dickey. The Dickeys had some interesting things to say about how, in retrospect, they would have done things a bit differently.
Pleading Cycle Set For Multimedios Ownership Ask
In April 2019, one of the most significant foreign ownership petitions to arrive at the FCC saw a Mexican multimedia giant file the paperwork necessary to gain full control of four stations once a part of Border Media Partners’ 33-station stable. Now, the public will have their say in the matter.
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Alabama Translator Rolls To Williams
An FM translator offering city-grade coverage of an Alabama municipality is heading to a new licensee. But, there will likely be no changes to how this facility is currently used, continuing to offer HD2 programming associated with WKLS-FM.
Here’s Another Flowery Digital Ad Surge Forecast
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.
Should Investors Buy Tribune Stock?
That's a question posed by Asma UL Husna, of Insider Monkey. Husna was intrigued as to the "smart money sentiment" toward Tribune Media Co., ahead of its merger with Nexstar Media Group. As such, Husna examined hedge fund sentiment, and offered the following conclusions.
With New Senior Notes Priced, Nexstar Prices Two Term Loans
Nexstar Media Group on Tuesday revealed that indirect wholly owned subsidiary Nexstar Escrow Inc. intends to offer up to $1.12 billion in aggregate principal amount of new senior notes due 2027 — in a private offering.
One day later, pricing of the notes was set, with an aggregate principal amount of 5.625% expected to be completed on or about July 3.
Now, the broadcast TV company poised to merge with Tribune Media has priced -- through its Nexstar Broadcasting -- a pair of term loan facilities.
Latest Articles
Auto’s Big Half-Year Sales Push Starts At TV
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.
Strong And Steady Supporters Of Broadcast Radio
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.
QSRs: Big Broadcast Media Users, But Bigger With Digital
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.
LRFA Support Continues To Grow In D.C.
Support continues to grow on Capitol Hill for a NAB-supported resolution opposing "any new performance fee, tax, royalty, or other charge" on local broadcast radio stations. This includes one more U.S. Senator, and a half-dozen more House members.
Internet and digital news for the broadcasting industry.
Streaming Summit To Return to NAB Show NYC
A two-day event that focuses on the business and technology of OTT video will again be tied to the annual NAB Show New York conference. Co-produced by streaming industry expert Dan Rayburn, the Streaming Summit will be held October 16-17 at the Javits Convention Center.
Arkansas Broadcasters Association To Charter First SBE Chapter
The Arkansas Broadcasters Association (ABA) and its Board of Directors have agreed to charter the state's first chapter of the Society of Broadcasters Engineers (SBE).
Telos Alliance Readies For BroadcastAsia 2019
The Telos Alliance is gearing up to present an array of IP Audio and Audio Processing Solutions to the APAC market at BroadcastAsia 2019. The event is scheduled for June 18-20 and is one of the world’s major conventions for broadcast media.
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