Featured

"Townsquare is no longer the radio broadcast company it was when it was founded in 2010." That reminder from Townsquare Media CEO Bill Wilson was brought even closer to home by the Purchase, NY-based company's revelation that for the second year in a row, more than half of its revenue came from digital sources.

As previously reported by RBR+TVBR, Larry Patrick, the pre-petition receiver for the radio stations once licensed to Ed Stolz's Royce International Broadcasting, had urged the U.S. Bankruptcy Court for Nevada to convert Stolz's bankruptcy from Chapter 13 to Chapter 7. The Court granted that motion today.

In October of last year, BIA Advisory Services predicted a tidal wave of local ad spending fueled by political revenue. Now, two months into 2024, BIA has tempered its US Local Advertising Forecast for the year, and while it's not necessarily good news overall, it does bode best for television in terms of most impressive growth.

As Congress pushes toward the finish line on the AM For Every Vehicle Act, legislators are showing increased support for radio's financial protection as well. The Local Radio Freedom Act has seen a boost in significant bipartisan support within the US House of Representatives, growing to 225 cosponsors.

Broadcasters may have won an early advantage in the fight against the Federal Communications Commission's latest quadrennial review of local broadcast ownership rules. For the first time in two decades, the review will not be adjudicated in the Third Circuit Court of Appeals in Philadelphia.

As the halfway mark of 2023 nears, research firm MAGNA Global has released its June 2023 Ad Forecast for TV, internet, print, radio, cinema, and out-of-home. The forecast is pulled from media suppliers' revenues in 70 markets, representing 95% of the world's economy.

On this National Radio Day, we turn to a city to the north of Houston, where a woman heard each midday on a Country station is being saluted for her 68 years on the air. When she's not behind the mic, this 2010 Texas Radio Hall of Fame inductee serves as a station AE.

With its tax-free, Reverse Morris Trust-fueled merger with CBS Radio on track, one would think Entercom and its leader, David Field, would be the new darlings of Wall Street. As Wells Fargo Securities Senior Analyst Marci Ryvicker notes in RBR+TVBR's Spring 2017 NAB Show Special Report, Field will be the radio industry's "clear leader" following the deal's closing. Why, then, is Zacks Equity Research asking if Entercom is "positioned for a slump?" Perhaps a dividend analysis from Capital Cube can point to the answers.