While the radio division of The E.W. Scripps Co. accounts for a much smaller revenue percentage than its television segment, there's something very noticeable going on with its digital revenue. Scripps' radio revenue was nearly overtaken by its digital segment in Q3. There's just one problem: Digital profits aren't being realized.
With Cyber Monday already eclipsing Black Friday among many consumer groups, one of the biggest e-retailers is aggressively courting customers ahead of the Thanksgiving Day festivities. And, it is using radio commercials to help bring in the digital sales, the latest Media Monitors Radio Spot Ten report finds.
A Class C0 facility serving the St. George, Utah area and nearby Zion National Park has officially changed hands. Kalil & Co. Inc. was the exclusive broker for this transaction, which was consummated in March 2015 and has finally gotten Commission approval.
In mid-April, Tejas Broadcasting agreed to sell a Class C1 100kw FM serving Amarillo, Tex., to Viva Media LLC. Nine months later, the station's new owner has been handed a Notice of Violation from the FCC for not having a functioning Emergency Alert System (EAS) system at this station. It also appears a second Viva station lacked an operable EAS system.
As we reported earlier, Cumulus has turned to the U.S. Bankruptcy Court in New York for relief from “extremely unprofitable contracts” it holds in Chicago. Now we learn that iHeartMedia is seeking to cash in its marker with the troubled company.
Cumulus Media employees nervous about their 2017 incentive bonuses, given the radio broadcasting company's Chapter 11 bankruptcy organization, need not fret about forgetting about the added bounce to their bank accounts. Shelley Chapman, Judge for the U.S. Bankruptcy Court for the Southern District of New York, has given the green light to Cumulus' Incentive Compensation Programs.
It's 64 degrees and sunny in Gaithersburg, Md., and spring is getting ever closer. So, it seems like a good day to announce a window opening. Only, this one is for the filing of FM translator new station Construction Permit applications for some 165 "Tech Box" proposals.
In February 2017, Neal Ardman, President of NIA Broadcasting, made headlines for acquiring WTMP-AM in Egypt Lake, Fla., and WTMP-FM in Dade City, Fla. — stations that had entered receivership. Ardman received much more attention for a deal he made two weeks later that saw him team up with Bruce Maduri’s Genesis Communications in its purchase of a translator that moved to St. Petersburg. Now, RBR+TVBR has confirmed that Maduri and Ardman have teamed together in a slightly different way.
A Texas Radio Hall of Fame inductee known for bringing KHFI-FM's long-running Top 40 format to life in Austin and for running one of America's legendary R&B stations in Houston has died. Dick Oppenheimer, who owned nine radio stations across three states in the mid-1980s and more recently headed the Austin-based REO Radio Group, died suddenly on Wednesday (3/21). His funeral is planned for Friday (3/23), son Michael Oppenheimer, Local Area Director for Comcast Spotlight in Washington, D.C., tells RBR+TVBR.
After several years of discussions and hearings — and growing concern from radio broadcasters about a further pinch on revenue — the House Judiciary Committee this morning (4/11) unanimously approved a package of music licensing reforms.
The NAB is now accepting officially submitted suggestions for the 2018 NAB Marconi Radio Awards. If you'd like to nominate a station or on-air personality in recognition of their overall excellence and performance in radio, your time is limited.
While all of the buzz in the U.S. is about how smart speakers will bring in-home radio consumption back to where it once was, receiver sales in the Europe and Asia, including Australia and New Zealand, hit record levels in 2017. It's a tale of two worlds, and DAB has much to do with the differences. We've got an especially spicy RBR+TVBR Observation to share on this topic.
The FCC found the station and its licensee Roy E. Henderson guilty of three violations but will grant the station's Renewal Application upon completion of the enforcement proceeding. The violations stem from the station falling silent on January 21, 2015, and an objection to its application for renewal.
A 3kw Class A FM that's a rimshot to Rockford, Ill., to the north that scrapes Chicago's far-western suburbs is trading hands. The deal, which sees Media Services Group's Bob Heymann as the exclusive broker, gives Mid-Way Radio ownership of this Hot AC.
With minutes go before the end of a holiday week, one of the biggest radio industry stories in recent years reached a surprising conclusion. At 4:42pm ET Friday, the lengthy legal spat over ratings tampering between Bubba The Love Sponge and Nielsen concluded, as the two parties reached an out-of-court settlement.