Thursday Morning June 16th, 2011, Volume 28, Issue 118
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 Pandora Media strong in first day on the NYSE
Someone paid $26.00 per share for Pandora Media stock early in Wednesday's session as the company made its debut on the New York Stock Exchange. By the closing bell the stock was at $17.42 - still up nearly 9% from its IPO pricing.
RBR-TVBR observation: This will be an interesting stock to watch. It is somewhat reminiscent of the debut of the two satellite radio stocks back in the 1990s, except that they each had a plan (however deeply flawed) to get to profitability. More...
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Dark clouds return to Wall Street - 6/15/11
One day of euphoria on Tuesday faded on Wednesday as Wall Street traders returned to worrying about the Greek debt and the strength of the US recovery. The Dow Jones Industrial Average fell 179 points, or 1.5%, to 11,897. Broadcasting stocks also fell. The RBR Radio Index was down 5.655, or 1.7%, to 333.619. The TVBR Television Index was down 3.132, or 1.3%, to 241.872. More...
Review all Broadcast Stocks News at RBR.com
Winners |
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Losers |
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| CC Media |
+12% |
Beasley |
-9% |
| Nexstar |
+4.8% |
Salem |
-8.1% |
Emmis |
+3% |
Radio One |
-6.6% |
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For additional reports, ideas, analysis, interviews, and
RBR/TVBR Observations...visit and bookmark www.RBR.com
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Only On RBR.com
Part 3: Traffic & Revenue Mgmt Systems:
FCC Nondiscrimination Policy; AUR trending reports
Ratings & Research
Americans watching
more video
Across the board
Wall Street Business Report
Dark clouds returned
Broadcasting stocks also fell |
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CBS Radio Las Vegas
Hires Dave Sturgeon as the new General Sales Manager for NewsRadio KXNT AM/FM and Reid Reker as the new General Sales Manager for 98.5 KLUC and X107.5 KXTE. The appointments are effective immediately.
Studio VP
Former FreemantleMedia executive Paul Reaney has joined ITV Studios America as Vice President of Development.
Agency add
Media Storm has added Valarie McCubbins as an associate media director, digital. She comes from MEC.
Herding humans
Bright House Networks has promoted Pam Hagan to Corporate Vice President of Human Resources, overseeing HR for all of the MSO's markets.
Interacting at CBS
CBS Interactive has named Marc DeBevoise Senior Vice President and General Manager of its Entertainment division, joining from Starz.
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Street goes Pandora big time / Auction set for KFFV-TV
6/15/11 RBR-TVBR #117
Street ignoring Pandora naysayers / LPTVs take exception
6/14/11 RBR-TVBR #116
Emmis-Alden another twist / NBC getting traction
6/13/11 RBR-TVBR #115
Money is flowing-
Who's getting it
6/12/11 Sunday edition
Right ways to execute
on Social Media
6/11/11 Saturday edition
Radio adds 1.9 million weekly listeners
Arbitron readies its full release of RADAR 109 on 6/20, it announced some of the data from the report. Broadcasters added more than 1.9 million weekly listeners in the past year. Additionally, radio is attracting more young listeners, with the number of weekly listeners 18-34 and 12-17 rising. Radio now reaches nearly 66.5 million Adults 18-34 and more than 22.8 million Persons 12-17 on a weekly basis.
6/15/11 RBR-TVBR #117
McGraw-Hill hangs for sale sign on TV group
Has retained Morgan Stanley & Co. to pursue the divestiture of its Broadcasting Group. McGraw-Hill's Broadcast Group consists of only four stations, all ABC affiliates: KMGH-TV Denver, KGTV-TV San Diego, WRTV-TV Indianapolis and KGTV-TV Bakersfield, CA. It also has Azteca America affiliates on digital multicast channels and/or LPTVs in Denver, Fort Collins, Colorado Springs, San Diego and Bakersfield.
6/15/11 RBR-TVBR #117
Cable may score
10%-12% more upfront
RBR-TVBR observation: The evidence is certainly out there that Pay TV households are on the rise. While the numbers are contested, the Consumer Electronics Association (CEA) found the number of homes that rely on over-the-air signals for TV programming plummeted last year to 8% of all U.S. households with TVs. Another recent report says Pay TV penetration at the end of 2010 reached 90% in North America. So for the most part, more homes are hooked into cable than ever before and the rates are simply increasing because of it.
6/15/11 RBR-TVBR #117
$23 million worth of
TV campaign ads unreported in Michigan
RBR-TVBR observation: Voters want accountability on what led to a candidate's election. If it is due to an overabundance of ad placements from sources such as behind-the-scenes interest groups, then it should be public knowledge.
6/15/11 RBR-TVBR #117
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