"A multi-year strategic agreement for a comprehensive suite of measurement tools aimed at enhancing Entercom’s data-driven capabilities for advertisers" has been inked between the radio broadcasting company and Nielsen Audio.
It was a banner day on Wall Street for overall indices, as the Dow Jones Industrial Average soared 145.34 points to 26,656.39 points and Nasdaq was up 105.56 points, to 8,120.82. While Twitter soared 15.6% and Kohl's had a huge one-day gain, three radio companies fell hard.
Four years ago, a Pennsylvania university was unwittingly thrust into the national spotlight not for its Patriot League men's basketball team but for racist comments made by three students on its school-owned radio station. Now, the school is selling the FM.
A Class C3 FM serving such Mississippi communities as Winona, Grenada and Greenwood is heading to a new owner. It's an electronics company -- a 51/49 partnership between two locally based women.
Entercom has a new reason to be optimistic about a resurgence in its languishing stock price. B. Riley FBR analyst Zack Silver initiated coverage of the company with a "Buy" rating. Silver offers an investment thesis every broadcast media C-Suite executive should read.
Among the items the FCC is considering is a plan largely crafted by the NAB and endorsed by Commissioner Mike O'Rielly that would greatly ease ownership restrictions for AM and FM station ownership. iHeartRadio is against such changes, and it now has an unlikely ally.
In June 2018, rumors were rampant that Univision Communications' would be selling some or all of its radio stations. The chat proved to be unfounded, and now Univision is doubling down on its ownership of AMs and FMs serving Hispanics across the U.S. How so?
In September 2018, Johnson Broadcast Ventures made headlines thanks to a cratered sale of an AM radio station due to a promissory note default on the part of the intended buyer. Now, Johnson has a deal to sell his other broadcast properties, located in North Carolina.
Is a late March swoon for Entercom shares the last time bargain-seekers will find the radio broadcasting company's stock near $5.25? That very well might be the case, thanks to the initiation of coverage by a California-based capital market company. Or not.
A quote from Abraham Lincoln concludes an opening statement from Saga Chairman/CEO Ed Christian in an 87-page annual shareholder letter that serves as a financial report and, in some ways, a promotional vehicle for Saga to those that hold its publicly traded stock.
In October 1947, KURV-AM began operations and is today a Class B News/Talker with a signal covering McAllen, Brownsville, Harlingen and Weslaco, Tex. Now, this station is poised to become a part of a giant of Mexican media. A format change is not in the plans.
Sabina Widmann holds a Master's degree in marine affairs and fishery management. But, for the past 15 years, she's been a successful radio industry sales and management professional. This includes running the 2019 Medallas de Cortez award-winning Station of the Year.
With the addition of radio stations in Boston and Detroit, many believed Beasley would begin 2019 with renewed vigor for its stock. Instead, Beasley's Q1 share performance has been rather dismal. On Tuesday morning, the decline in stock price continued.
The Gracies recognize exemplary programming created by, for and about women in radio, television, cable and interactive media. Honorees are selected in national, local and student markets, including both commercial and non-commercial outlets.
With the filing of an online form, streamers and podcasters both have a bit of breathing room: an artist who alleges that the digital audio provider has infringed the artist’s pre-1972 copyright must first provide notice of the allegation to the individual listed in the form.