Could an IHS Markit Score report released Tuesday be the latest growth inhibitor for Salem shares? At the close of Wednesday's trading session on Nasdaq, Salem Media Group shares were off by 4%. This puts Salem close to a fresh year-to-date low.
Internet-delivered audio, defined as listening to audio "pure-plays" such as Pandora or Spotify; listening to radio station streams and SiriusXM's digital streams; podcasts; or music from YouTube has unquestionably risen in the last five years. Just how dramatic is this rise?
In the eyes of one vocal music rights organization, there is exactly one music platform in the U.S. — "actually, in the entire developed world" — where the principle of fair pay for one’s work does not apply. That would be broadcast radio, says musicFIRST.
One of the nation's most-listened-to Classical stations is rallying listeners to "restore interference-free reception" to one of its four over-the-air signals. But, does this facility's licensee have a legitimate argument? An easy answer is hard, and this situation could be replicated elsewhere.
In May 2013, Bruce Mittman and Jim Leven agreed to acquire a group of radio stations in the Twin Tiers region of Western New York and extreme North-Central Pennsylvania. Just shy of six years later, their company, Community Broadcasters, is out of the Twin Tiers.
The "big island" of Hawai'i will now see one fewer media company, as the Spokane-based owner of a pair of FM radio stations covering both Hilo and Kailua-Kona has opted to sell them. This leaves three locally based radio operators. Which one just grabbed the FMs?
Does an increase in the daily high temperature mean an increase in furniture sales? At least one retailer believes so, and it is bumping up its use of spot radio, the latest Media Monitors Spot Ten report shows.
The National Association of Broadcasters has announced the results of the 2019 NAB Radio and Television Board elections. The two-year terms of the elected board members will begin in June 2019.
Two key issues making headlines over the last two weeks, coupled with renewed questions about its post-CBS acquisition business model, could be key factors in what's ailing Entercom stock. On Friday afternoon, it was fighting against a fresh five-year low.
"Radio is the foundation of EKB," reads the website for East Kentucky Broadcasting. "Since 1949, our company has led the local industry in broadcasting and continues to dominate the local market." Now, EKB is selling its stations, following the November death of its CEO.
In June 2007, a large group of radio stations were placed in the Aloha Station Trust by iHeartMedia predecessor Clear Channel Communications, ahead of its $24 billion leveraged buyout, completed in July 2008. Now, two stations in the trust are going to Connoisseur.
More than 166 bipartisan members of Congress support the Local Radio Freedom Act. In recognition of this support, the NAB applauded their efforts by placing a full-page ad in one of Capitol Hill's more widely read dailies.
One of the biggest songs on Earth in 2018 was the Maluma track "Felices los 4," loosely translated as "the happy quartet." Perhaps that will make great bumper music for the third go-around of Spanish-language radio coverage of a NCAA Men's Final Four.
Exactly three weeks ago, Entercom received a letter from the Policy Division Assistant Chief in the FCC's Media Bureau, in regard to an investigation of the political programming practices at three of its stations in the Buffalo-Niagara Falls market. It's widening.
In January a digital media company focused on live entertainment forged a partnership with iHeartMedia that led to the live streaming of the 2019 edition of a themed Alternative Rock event in L.A. The partnership for the "ALTer Ego" event must have been a success.