While some may argue it was the programming, and others may blame the signal in an era of FM and digitally delivered audio, one thing's for certain: two AM radio stations owned by Cumulus Media will never appear again in a Nielsen survey. That's because Cumulus has surrendered their licenses to the FCC.
Punctuated by a 20% gain immediately after Thursday's market open, and a 30% day-to-day improvement at the closing bell, investors may be finally ready to snag more Entercom shares. The man who in 1968 founded Entercom just did, grabbing more stock at prices few anticipated ahead of the COVID-19 pandemic. This was seen as a sign of confidence on Wall Street.
With Friday's Closing Bell on Wall Street, Beasley Media Group released its Q1 2020 financial results. What Beasley experienced is hardly a surprise: a significant net loss was seen due to COVID-19 related fiscal challenges. Yet, revenue was flat year-over-year.
The new national bond program provides public broadcasting entities access to taxable and tax-exempt bonds to finance their capital improvement projects through the Colorado Educational and Cultural Facilities Authority (CECFA).
An AM station on New York's Long Island saw its license expire, and then reinstated. This paved the way for its sale to a New Jersey-based broadcast ministry led by Erick Salgado. A competitor that moved to buy the station's tower site, creating an uneasy situation, sought to overturn the FCC's reinstatement decision. Al Shuldiner has offered his ruling on the matter.
Have you heard some of the great reports found in the all-new RBR+TVBR INFocus Podcast? Now's your chance to catch up with what some of the broadcast media industry's key news makers have to share on what's impacting broadcast radio and TV.
In a first, one of the most popular Spanish-language radio programs in the U.S. is being imported to Mexico City. It's thanks to a freshly signed pact between HRN Media Network and MVS Radio, and begins Saturday with a grupera-formatted radio station serving the sprawling metropolitan region -- home to nearly 23 million people.
It's all about the Benjamins for BMI, a self-described "global leader in music rights management, serving as an advocate for the value of music." Despite the unprecedented impact of the global COVID-19 pandemic, BMI closed its fiscal 2020 June 30 "with historic revenue and royalty distributions" — just as many radio broadcast companies saw their revenue cratering.
In this InFOCUS Podcast presented by Dot.FM with RBR+TVBR Editor-in-Chief Adam R Jacobson, Gen Media Partners' Roger Rafson offers a preview as to what Hispanic Radio LIVE attendees can learn on how to attract political ads they may not be getting -- and more! LISTEN HERE
For 15 years, radio industry veteran Allen Shaw has overseen a Greensboro, N.C.-based media company comprised of six radio stations in Virginia. As of today, one of those properties -- a booming 22kw Class B with a tower atop a peak in the Shenandoah Mountains -- has just been sold. And, it's an eye-popping deal -- because of the small dollar amount.
All-Digital AM Broadcasting. It's now a reality, on a voluntarily basis. And, it was met with unanimous approval, and few Commissioner statements. Chairman Ajit Pai, a big fan of local radio, did offer a statement. And, he referenced a song from the early 1980s with lyrics sung by the late Freddie Mercury.
Since 2013, this individual has been the VP/Sales for Entercom Communications' Denver station group. Now, she'll be shifting to the heart of Mid-America, as SVP/Market Manager for a five-FM, three-AM group of properties under the leadership of Regional President Doug Abernethy.
When well-known L.A. radio shock jock Tom Leykis went off the air last year, it set the stage for a career switch. The uninhibited...
He's been a member of the Board of Directors of the country's preeminent media company superserving Black consumers since 2001. Yet, on November 30, D. Geoffrey Armstrong stepped down from the board, effective immediately. Why?
Clear Channel has filed to park two more stations in Jeanette Tully's garage, otherwise known as the Aloha Station Trust LLC. AMFM Radio Licenses...