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Welcome to RBR's Daily Epaper
Volume 22, Issue 184, Jim Carnegie, Editor & Publisher
Tuesday Morning September 20th, 2005

Radio News®

NAB Radio and R&R Conventions team up
After years of rumors about NAB consolidating its Radio Show with someone else, there's word today that the 2006 Radio Show will "co-locate" with the Radio & Records Convention. That's September 20-22, 2006 at the Wyndham Anatole Hotel in Dallas. "We plan on combining the energies of two great radio events to give programmers and management even more opportunity to interact," said John David, Executive Vice President, NAB Radio. The two events will not be merged, but attendees to one will be able to attend sessions at the other. "There's no money changing hands here at all," noted NAB spokesman Dennis Wharton. The announcement came as NAB announced that it expects 3,800 people to attend this week's Radio Show in Philadelphia, up 15% from last year in San Diego. "I'm very excited. I think it's going to be a fantastic celebration of radio," said Erica Farber, Publisher of R&R. She told RBR it puts the business side of radio under one roof with the programming side and that she'd gotten positive feedback from radio group heads about the idea. Farber said the R&R Convention doesn't have a large exhibit hall like the NAB and that there's little sponsor crossover between the two. Although Farber said she'd considered ending the R&R Convention a few years back, or not having it annually, she said it has been increasing in attendance in recent years. But she thinks it will draw even more people by co-locating with the NAB Radio Show. "I think it will enhance both of our conventions," she said.

RBR observation: We'd heard rumors that talks had been taking place for a couple of years on this (a timeframe confirmed now by Farber), with Farber and Bonneville International CEO Bruce Reese, now Chairman of the NAB Joint Board, as the principal proponents. After consolidation of the radio industry following the 1996 Telecom Act took its toll on attendance at the NAB Radio Show, it was inevitable that NAB would also have to consolidate. We don't see much synergy, though, with a programming/record convention. It would have made more sense to co-locate the NAB Radio Show with the RAB convention or to have an expanded Radio Show at its own hotel in Las Vegas alongside the spring NAB Convention. As for no money changing hands who is kidding whom or will NAB and R&R both charge the same price tag for admission. Money happens to be one of the oldest motivating factors so this one RBR can not swallow. At this point, NAB and R&R are committed to each other for only one year, so we'll see how this engagement progresses along. RBR note: Jim Carnegie, Jack Messmer, Carl Marcucci, Dave Seyler, June Barnes and Steve Kyler will be at NAB and at the main hotel, Marriott, and we will report on any observations later this week.

Moody's: Satellite radio
still high risk

XM and Sirius may be growing subscriber numbers rapidly, but Moody's Investors Service says they're still a "very high" risk from a lender's perspective. The rating firm says it's unlikely either will turn an operating profit within the next two years. Moody's notes that both are burning cash in excess of 300 million annually right now, before debt service and capital expenditures. "We acknowledge that the satellite radio operators have made significant progress in growing their subscriber bases. However, much uncertainty remains about achieving sufficient subscriber numbers, and the cost of acquiring them," said Jason Sevier, Moody's Vice President/Senior Analyst. He notes that much of the six million subscribers the two companies have amassed so far come from distribution deals with automakers, but he says additional sales channels will need to be found as the auto channel grows more saturated - - and that those other channels likely won't provide the robust growth of sales through car dealers. The key challenge facing the operators, however, Sevier says "lies in the current inability of the operators to predict their fixed cost structure, specifically the amount of upfront investment required in terms of content and programming, which can significantly delay operating profitability." Thus, Moody's said it expects both companies to remain in the Caa rating category for the short- to intermediate-term. "We think the market may be assigning greater value to the operators' current subscriber base or satellite infrastructure than Moody's does or is underestimating the potential for upward pressure on programming and content costs. Given the current cash burn, the satellite radio business has yet to prove that it can sustain its business model," said Sevier.

RBR observation: Gee, it turns out we aren't the only ones to question whether satellite pay radio is a workable business model. Moody's tends not to care about hype, just financial reality. Satellite radio doesn't look nearly as enticing when separated from its well-oiled PR machine.


Comcast in the bidding for Susquehanna Cable?
You've read quite a lot in these pages on who might be bidding for the Susquehanna Radio side of Susquehanna Media (9/13/05 RBR #179), but there hasn't been nearly as much of a rumor mill about Susquehanna Communications, the cable side. Now Bloomberg reports that Comcast submitted a bid last week, but doesn't name any other bidders for the cable assets. The report said the cable business could bring up to 800 million bucks. RBR/TVBR had previously estimated a floor of 600 million, so that sounds about right. Goldman Sachs analysts Lale Topcuoglu and Robert Levy calculate that 69% of Susquehanna's cable footprint is adjacent to Comcast systems, with the systems in York and Williamsport, PA providing a "natural extension" for Comcast. Those are the two largest Susquehanna systems. At a valuation of 2,700-3,000 per subscriber, the Goldman Sachs analysts see a price of 600-700 million.

RBR observation: This may prove not to be a poor year for the Appell family to cash out of their media businesses. RBR/TVBR is now estimating that the radio assets will bring 1.5-2 billion and this latest news puts the cable range at 600-800 million. If both go to the high end, that would be a total price tag of 2.8 billion - - and even the low end is 2.1 billion. Not too shabby.

Post-Katrina broadcasting
was radio at its finest

Those of us throughout the country have been observing from afar the dramatic efforts of radio broadcasters in the New Orleans area to continue serving their community and getting out vital emergency information during and after the onslaught of Hurricane Katrina, but only those who lived through it really know how important that link was. RBR heard yesterday from former station owner Peter Stromquist, who in recent years has been consulting stations mainly overseas, but still lives in Washington Parish, one of the hard-hit communities north of New Orleans. He finally got out after 20 days without electricity, telecommunications, or drinkable water (but plenty of mosquitoes) - - and nothing but praise for what he heard on the radio.

"One of the reasons I left my radio career behind was I was nostalgic for the days when owning radio stations was a privilege, and the number one goal was to serve the community. If I could get them on the phone, (if I had a phone that worked) I would express my heartfelt gratitude, on my own and millions of others behalf's, to the Mays [of Clear Channel] and the Fields [of Entercom] for the Herculean effort they made, creating the 'United Radio Broadcasters of New Orleans,' and rebroadcasting the programming of WWL-AM on as many frequencies as they could keep on the air. For the past 21 days, listening to a battery operated radio, plain old vanilla AM radio has been the state's lifeline - - friend and confidante to listeners - - finder of lost loves, children and friends - help mate, psychologist, advocate of local governments and the man on the block. The owners, production and engineering staffs have worked miracles. There can be no reward great enough to recognize these folks for what they have done. Perhaps your company, or the industry, can somehow call attention to these folks at the upcoming show. And you can quote me, a thousand times," Stromquist said yesterday in an email.


ASCAP waives fees in Katrina's wake
Radio and TV stations in Gulf Coast areas pummeled by Hurricane Katrina won't have to pay music licensing fees to ASCAP for September and October. Restaurants, bars and other businesses are also getting a break. "Many of ASCAP's licensing customers, the users of our members' music, were devastated by the affects of Hurricane Katrina. We want to do what we can to help get them on the road to recovery as soon as possible," said ASCAP Senior Vice President of Licensing Vincent Candilora. ASCAP says restaurants, bars, retail outlets and educational institutions will not have to pay fees from September through December 2005, and local radio and television customers will be credited for the months of September and October 2005. Who qualifies? It's determined by Zip Code, including all Louisiana Zip Codes beginning with 700, 701 and 704, with a full list for Alabama and Mississippi as well on the
| ASCAP website |

McCain presses for early spectrum return
Conventional wisdom in Washington posits the return of analog television spectrum to the government for repurposing for the year 2009. However, John McCain (R-AZ) - - who has always characterized the plan whereby broadcasters have been forced to put out side-by-side analog and digital television signals during the transitional period as some sort of government giveaway to broadcasters - - does not think 2009 is soon enough. He called last week for a deadline of 2007, and now has taken to the Washington Post with a group of bipartisan legislators to make the call again (although this time he did not specify a date). The letter in the Post was co-authored by an across-the-aisle senator, Joseph Lieberman (D-CT), and two members of the House of Representatives, Jane Harman (D-CA) and Curt Weldon (R-PA). The impetus for the new call is Hurricane Katrina, which, like 9/11 before it, exposed well-known inadequacies in the communications systems available to first responders. The legislative quartet concluded, "We urge Congress to immediately take up pending legislation that would finally provide emergency first responders with the radio spectrum, equipment and funding necessary to protect themselves as they come to the aid of those they were sworn to protect. When lives are on the line, seconds count. And reliable emergency communications become a matter of life and death."

RBR observation: We doubt there is anybody in America who would deprive first responders of anything they need. It is important to upgrade their communications capabilities. But it's also important to make sure the public is informed in times of disaster, and the only people making sure that happened during Katrina were broadcasters. It is just as important to preserve effective over-the-air broadcasting as it is to upgrade emergency communications. Both systems must be healthy for effective disaster communications to be a reality. So take our advice - - resolve multicast must carry sooner rather than later, and make sure there is a subsidy for those who can't afford to upgrade to a digital receiver. And keep the words "over the air" top-of-mind. It doesn't take something as dramatic as a hurricane to knock down wires. On the other hand, broadcasters have back-up power and don't need wires. Citizens have receivers that can operate on batteries. Which service is more reliable in an emergency?


Adbiz©

Mercedes debuts campaign
introducing R-Class

Premiering alongside the flurry of new television shows this week will be the Mercedes-Benz R-Class. The new four-wheel-drive 2006 R-Class, both a new vehicle from Mercedes and a new category for the luxury market (the Grand Sports Tourer segment) combines a sport utility vehicle, a station wagon and a passenger car. The launch spot is called "1886" and draws on the company's heritage and its unique position as the maker of the world's first automobile. The 30-second spot creates an imaginary encounter between drivers of the Karl Benz and Gottlieb Daimler era - - and the new R-Class. Created by AOR Merkley + Partners NY, the ad launched last night in spot markets and will reach full schedule at the end of the month and into October as Mercedes-Benz dealers receive the new R350 and R500. "1886" airs in the top 25 R-Class markets during season premieres of primetime shows including Lost, Grey's Anatomy, Boston Legal, Desperate Housewives, CSI, CSI Miami, CSI New York, Law & Order SVU, Law & Order Criminal Intent, West Wing, ER, Two and a Half Men, Crossing Jordan, Alias, Amazing Race, Without A Trace and Numb3rs. Four weeks of national cable will begin 9/26 on FOX, CNN and MSNBC as well as on various lifestyle networks. Print will run in USA Today, New York Times and the Wall Street Journal. Magazine will begin in October in automotive, newsweeklies, technology, home and travel mags. National advertising is complemented by regional executions (broadcast, print, radio and outdoor). Support also includes interactive relationship marketing, collateral materials and ongoing brand experience marketing initiatives.

Domino's reups Monday Night Football sponsorship
Domino's Pizza is teaming up with ESPN and ABC Sports to sponsor Monday Night Football (MNF) for a second year in a row. Domino's football sponsorship includes commercials on the MNF broadcasts on ABC, promotional commercials airing in a variety of ABC and ESPN networks, presence on ESPN.com and ESPN radio and full page ads in ESPN The Magazine. Additionally, Domino's will deliver to its customers, via millions of box-tops, the Monday Night Football schedule and Domino's franchisees will be invited to participate in a Domino's exclusive Football Fantasy League managed by ESPN.


Media Business Report
Sprint and RealNetworks
launch Rhapsody Radio
on mobile phones

Yet another offering to turn the cell phone into a radio: Sprint and RealNetworks announced the launch of Rhapsody Radio on the Sprint PCS Vision Multimedia Service. Available nationwide, Rhapsody Radio provides Sprint customers streaming radio stations from Real's Rhapsody online music service, streaming podcasts, "Beats N Breaks" (a new freestyle rap service), and music news and videos. Rhapsody Radio includes "Urban Hitz Radio," "Alternative Radio," "Country," "70s Station" and "Pop Hits," as well as "Beats N Breaks," which features the beats from many of today's most popular songs and allows subscribers to "freestyle" rap to the instrumental tracks. Customers can also enjoy streaming podcasts from KCRW-FM, including "Morning Becomes Eclectic." which showcases live recordings of in-studio performances by independent and unsigned artists. Rhapsody Radio channels can be purchased a la carte through the phone by going to Menu/ Media Player and then selecting from a category of choices, including Music & Radio, Entertainment, News & Weather, and many more. Rhapsody Radio is the latest of four streaming music channels available to Sprint customers.


RBR Epaper LIVE at NAB Philly

Read it on a 42" Plasma Screen

Location:
On the Right Side of the NAB Radio Store Entrance.

Media Markets & MoneyTM
We'll always have Paris...
That is, unless there's another sale down the road, but for now, an AM-FM combo in Paris is changing hands. Not the one known for its haute couture, but rather the one known for being just west of Terre Haute, Indiana, just across the state line in east central Illinois. The buyer is Duke Wright's Midwest Communications, striking its second deal in recent days (it just announced a buy in Sheboygan WI). This deal, according to broker Ed Henson, will put WPRS-AM and WACF-FM in the Midwest portfolio in exchange for 2.5M cash and a 50K non-compete with seller Terry Forcht. Forcht's Key Broadcasting, which was operating the Paris combo under licensee name P.R.S. Broadcasting Inc., retains 7 AMs and 10 FMs scattered in small markets in Kentucky, Illinois and Indiana. The Paris stations will become the third and fourth Midwest entries in the Terre Haute radio wars, joining WMGI-FM Terre Haute IN and WWSY-FM Seelyville IN.


Washington Beat
Commerce hosts
veteran Florida broadcaster

The Senate Commerce Committee will be in session today, looking at "The Lifesaving Role of Accurate Hurricane Prediction." The meeting begins at 2:00 PM Eastern. Among the five citizens providing testimony will be C. Patrick Roberts, President of the Florida Association of Broadcasters. According to Thomas E. Fahy of the Broadcast Strategy Group, Roberts has been on the hurricane beat for some 17 years, including provision of "public awareness campaigns that disseminate information regarding issues critical to all Floridians," as well as radio/TV educational campaigns. More importantly, under Roberts the Association "...developed plans to use the television station's news resources to partner with the radio stations to get information out to the impacted areas when radio was the only means of communication after a storm."

RBR observation: Broadcasters are one of if not the most critical private industry in times of emergency, and it is good to see that this is recognized by our friends on the Commerce Committee. We hope they'll remember that as they proceed with legislation on the conversion to DTV...


Programming
ABCRN launches
Women's Talk division

ABC Radio Networks announced the formation of a new unit dedicated to creating radio properties exclusively targeting women listeners. The new unit will be headed by Director of Women's Talk for ABC Radio Networks Corny Koehl, previously the executive producer for the nets' Sisters weekly program. The new division will offer intelligent, entertaining, dynamic talk programming oriented towards female listeners of all ages. The flagship program for the women's talk division will be Satellite Sisters. Koehl will oversee the development and production of all women's talk programming for the company. Since 2002, Koehl has served as executive producer of Satellite Sisters when ABC Radio Networks started syndicating the program commercially. Under her direction, Satellite Sisters won three Gracie Allen Awards for programming excellence from the American Women in Radio and Television Foundation and an Excellence in Programming award from Katz Media. Prior to working for ABC Radio Networks, Koehl executive produced at Premiere Radio Networks for The Suze Orman Radio Show in 2001 where she was instrumental in coordinating the highly successful CNBC production of The Suze Orman Radio Show on TV. Prior to joining The Suze Orman Show, Koehl was Executive Producer of The Dr. Laura Schlessinger Program.


Ratings & Research
Arbitron updates RADAR offering
Arbitron announced RADAR 86 will include the first Hispanic targeted network, ABC Hispanic Advantage Network. In addition, Premiere FOX News will also make its debut. With the addition of these two networks RADAR now reports 51 nets. Also in RADAR 86, the sample size will increase from 85,000 to 90,000. This is part of the ongoing quality enhancement program for the RADAR service. By the release of RADAR 88 in March 2006, the RADAR radio network service will be based on an annual sample size of 100,000 diarykeepers. This larger sample ensures more granular information is available to clients by demographics, dayparts and by market. With RADAR 86, individual network detail is available for the Top 25 markets in the Market-by-Market Analysis reports. Initial findings in RADAR 86 indicate that, over the course of a typical week, radio reached 95% of Persons 18+ who live in a household with an income of $75,000 or more. 95% of college grads listened to radio, as compared to 92% of people who did not go to college. 81% of Persons 18+ listened to radio while in their cars. On 9/26, Arbitron will release the complete RADAR 86 Radio Network Audience Report results.


Transactions
300K KWAS-AM Joplin MO from New Life Evangelistic Center Inc. (Lawrence W. Rice Jr.) to ZRG Tower Company Inc., a subsidiary of Zimmer Radio of Mid-Missouri Inc. (James R. Zimmer, John P. Zimmer, James L.Zimmer). 30K escrow, balance in cash at closing. Superduopoly with KOCR-AM, coming in separate concurrent transaction, and KJMK-FM, KXDG-FM, KIXQ-FM & KSYN-FM. [File date 8/8/05.]

250K WVSG-FM Coeburn BA from Preston Communications Group Inc. (Earl W. Barnette) to Letcher County Broadcasting Inc. (Ernestine Kincer). 100K cash at closing, 150K note. Duopoly with WIFX-FM Jenkins KY. [File date 8/5/05.]

N/A WFOF-FM Covington IN from Doxa Inc. (Ray McDaniel) to The Moody Bible Institute of Chicago (J. Michael Easley). Donation. LMA 7/28/05. [File date 8/8/05.]


Stock Talk
New hurricane swamps stocks
Oil futures shot up as Tropical Storm Rita headed toward the Gulf of Mexico and threatened to reach hurricane strength. That sent stocks lower. The Dow Industrials dropped 84 points, or 0.8%, to 10,558.

Radio stocks also dropped. The Radio Index was off 1.648, or 0.8%, to 198.709. Journal Communications fell 3.5% as the day's worst performer in terrestrial radio. Sirius Satellite Radio plunged 5% as the company raised its 2005 revenue estimate to 230 million bucks, but that was less than Wall Street had already been expecting.


Radio Stocks

Here's how stocks fared on Monday

Company Symbol Close Change Company Symbol Close Change

Arbitron

ARB

41.30

-0.66

Jeff-Pilot

JP

50.68

-0.14

Beasley

BBGI

13.51

-0.32

Journal Comm.

JRN

14.91

-0.54

Citadel CDL
13.52 +0.08

Radio One, Cl. A

ROIA

13.46

-0.19

Clear Channel

CCU

32.98

-0.59

Radio One, Cl. D

ROIAK

13.45

-0.23

Cox Radio

CXR

15.15

-0.01

Regent

RGCI

5.08

+0.03

Cumulus

CMLS

12.60

-0.09

Saga Commun.

SGA

13.64

-0.16

Disney

DIS

23.90

-0.21

Salem Comm.

SALM

17.17

-0.02

Emmis

EMMS

23.10

-0.30

Sirius Sat. Radio

SIRI

6.70

-0.35

Entercom

ETM

30.54

-0.27

Spanish Bcg.

SBSA

6.75

-0.07

Entravision

EVC

7.44

-0.11

Univision

UVN

25.38

-0.04

Fisher

FSCI

48.24

-0.75

Viacom, Cl. A

VIA

34.10

-0.34

Gaylord

GET

47.76

-0.88

Viacom, Cl. B

VIAb

34.04

-0.28

Hearst-Argyle

HTV

25.16

-0.42

Westwood One

WON

20.06

+0.04

Interep

IREP

0.56

unch

XM Sat. Radio

XMSR

34.85

-0.60

International Bcg.

IBCS

0.01

unch

-

-

-

-

-



Bounceback

Send Us Your OpinionsWe want to
hear from you.

This is your column, so send your comments to [email protected]

Arbitron is releasing its first station-level data from its Houston PPM test today, but this reader wants to know why participants haven't gotten more information already.

Arbitron's Pierre Bouvard recently told RBR/TVBR "We are declaring Houston a success." (9/15/05 RBR #181) From where I sit, Arbitron's "success" is that they are just days away from releasing July'05 station level data and have managed to get this far without sharing sample characteristics with the industry, let alone those media outlets that are participating by encoding their signals. The most recent of several requests for this information, made on 9/15/05, was met with a "sorry, you'll have to wait..." Having been through the launch of 5 LPM markets, I find reviewing sample characteristics in advance of seeing any ratings data allows for greater objectivity in assessing the service. Nielsen made sample characteristics available several weeks in advance of releasing any LPM ratings data. My stated expectation that Arbitron do the same disappointingly has not been met. Does "transparency" not mean the same for Arbitron as it does for Nielsen?

Patricia Liguori
Vice President/Research
ABC Television Stations


Arbitrends

Arbitron
Market Results
| Chicago |
| Hamptons |
| Los Angeles |
| Middlesex |
| Nassau |
| New York |


Radio Media Moves

Sandman heads
to Memphis

Radio veteran Steve Sandman has joined Entercom as VP/GM of its three Memphis Stations. He was most recently Clear Channel's General Sales Manager in Colorado Springs.


More News Headlines

NAB Daytime Planner


The following brokers will be attending the NAB. Call or email to make your appointment in advance.


American Media Services,
Todd Fowler, David Reeder,
843-972-2200, Marriott,
[email protected], [email protected]

Clifton Gardiner & Company,
Cliff Gardiner, 303-758-6900,
Ritz-Carlton Hotel,
[email protected]

Force Communications,
Hal Gore, John Laurer, Stan Raymond,
770-329-2234, Hilton Garden Inn, [email protected]

Frank Boyle & Co.,
Frank Boyle,
203-969-2020, Marriott Courtyard, [email protected]

Gordon Rice Associates,
Gordon Rice, 843-884-3590,
Marriott Downtown, [email protected]

Henson Media, Inc.
Ed Henson,
502-589-0060, Loews Hotel, [email protected]

John Pierce & Company LLC,
John Pierce, Cell 859-512-3015,
Jamie Rasnick, Cell 513-252-1186,
859-647-0101 Hilton Garden Inn,

Kozacko Media Services,
Dick Kozacko, Cell 607-738-1219,
George Kimble, 607-733-7138,
Marriott, [email protected]

MCH Enterprises, Inc.,
Brett Miller, Cell 805-680-2265,
805-237-0952, Marriott Courtyard,
[email protected]

Patrick Communications,
Larry Patrick, Greg Guy,
410-740-0250, Marriott, [email protected], [email protected]

Schutz & Company,
Bill Schutz, Cell 757-880-9251,
757-258-8740, Loews Hotel, [email protected]

Serafin Bros.,
Glenn Serafin,
cell 813-494-6875, 813-885-6060, Marriott Downtown, [email protected]





September Digital Magazine Now Available

Media House 2005
News/Talk - Alan Colmes Breathing Fresh air into Late Nights


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RBR Radar 2005
Radio News you won't read any where else. RBR--First, Accurate, and Independently Owned.

Political weather forecast:
Battleground states 2006
There will be no presidential action in the midterm election of 2006, but there will be plenty of action throughout the states. As usual, all members of the House of Representative are up for re-election. The usual approximate one-third of all senators - - 33 this time - - are up. RBR observation: With national spot in the tank what do some have to look forward to next year? Well we have heard TV blaming no political so radio get the jump on your competitor now and do your home work on the money battle ground fights. All want to get re-elected and they will spend the cash but the key is to get there first with a marketing plan besides selling spots. Don't you think that in California that both Sen. Dianne Feinstein (D) and Gov. Arnold Schwarzenegger (R) want to get re-elected? Remember this is the time for radio to show the politicians that your local community votes and listens to radio. To start - Build your campaigns around your hot morning shows and if you carry talk hosts any talk hosts nationally that is where you first put those spots. Get out in front now by planning your work and working your local plan.
09/19/05 RBR #183

NAB boss choice may have
POed a key lawmaker
Sen. Ted Stevens (R-AK) is none too pleased that the NAB selection committee appears likely to pass over his former aide, Mitch Rose (now top lobbyist for Disney), in favor of beer industry lobbyist David Rehr to be the new President and CEO of the NAB. Stevens, it would seem, is not someone that broadcasters would want to piss off. He chairs the Senate Commerce Committee, which oversees the FCC and pretty much all legislation dealing with radio, television and cable.
RBR observation: As Chairman of the NAB Joint Board last year, it was Phil Lombardo who set this whole process in motion by giving Eddie Fritts a none-too-subtle nudge to retire. RBR/TVBR broke the story during the April 2004 NAB Convention in Las Vegas. Although Fritts and Lombardo initially denied that Fritts was being pressured to retire, the rumors persisted for months until Fritts announced in February that he was leaving after a 23-year run. Having begun the process to reposition the NAB, Lombardo is now seeing it through by pushing hard for the candidate he thinks is the strongest leader to take the organization where it needs to go. But if that choice is going to make an enemy of someone that NAB clearly needs as an ally on Capitol Hill, is it worth it? And how effective can Rehr be if he can't get a fair hearing from the man who controls the broadcast regulation agenda on one side of the Capitol? Talk about a wet dream.
09/16/05 RBR #182

No outdoor spin-off or
LIM for CBS Corp.
Viacom Co-COO Les Moonves, who'll soon be CEO of CBS Corp. post-split, he has no interest in spinning off the company's outdoor business as Clear Channel is doing with an IPO. Rather, he is going the opposite way, setting up joint sales operations for the company's radio, TV and outdoor assets in major markets to "capitalize on cross-selling." Moonves also doesn't think much of Clear Channel's Less is More (LIM) initiative. "If you're number one in the market, it's not a great idea to cut back on inventory - - that's when you capitalize on it."
09/16/05 RBR #182


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Keep Your PC Clean

With the ever growing importance of computers in our daily lives and our businesses, it is important to remember that software and hardware often need attention too.
Rules For The Road To 2006:

1. Windows Update
(run it every two weeks)
2. Microsoft is putting out "critical" updates every month. Turn Auto-Update On. When it asks you to install the new updates - say Yes!
3. Virus Protection (make sure your system is up to date) Norton, McAfee - all flavors of the same ice cream. We like ice cream right?
4. Application Updates - Office - Lotus Notes, all software typically has updates, make sure you update your software once per month.


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