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Lion's share: Where newspaper is king
BIA Financial Network has come out with a chart, based on 2002 revenue figures, which shines the spotlight on the markets where newspapers make off with the greatest share of the advertising revenue pie.
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Joyner now owns
"The Tom Joyner show"

Rush wins further delay on
medical records release

Sirius adds EWTN Global
Catholic Radio

Laura Ingraham goes live in DC; bumps hour of Imus, Liddy

Broadcasters among best
and worst managers

CC Radio deploys DG Systems' Media Manager for digital delivery

DC Pirate located, thanks to
TV reporter

Rich Rapiti leaves Superadio

JRN introduces Classic
Alternative format

KCBS-FM hires Jeff Federman from Emmis
While some groups are still be eliminating management positions as a byproduct of consolidation, it seems Infinity under President Joel Hollander is adding positions as of late. The latest: Emmis LA DOS Jeff Federman is now working for Infinity as GM of KCBS-FM LA. He officially starts 1/12. Trip Reeb was doing both KCBS and KROQ-FM there, and now keeps KROQ.
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Why Bob Coen expects growth
in 2004 -- Part 1 of 5
The 2004 advertising forecast of Universal McAnn's Bob Coen, who sees a good year ahead for both radio and TV. But as the year actually begins, let's go back and look behind the forecast numbers to see why Coen is optimistic. Total Advertising +6.9%. Editor's Note: Radio make sure you CYA on Cable. Question now is, “How will lead radio in the Marketing and Selling of our medium and get us above the 7%?”
01/05/04 RBR #1

RBR Investigative Analysis
Crystal Media Network accused of deception--Part 1
That is exactly what happened as the headline stated "Crystal Not Clear With Net" ...'stations won't clear Prestige network because of 'Dishonest' setup'. RBR was queried by numerous executives to investigate those claims..Why? RBR Observation: Because TV is set for double digits and watch out for Cable. Radio is still forecasted for single digit growth. 01/05/04 RBR #1

RBR Investigative Analysis
Part 2 – 'The Letter'
Deception or Better Mouse Trap
That reporton Crystal Media Network says it bought up inventory on a bunch of stations, without informing them the inventory was to be used to form a network. Someone saw what seems to be an effective 25-54 female-skewing niche-filler, a better network mouse trap, and that buzz word: Accountability. 01/05/04 RBR #1

RBR Investigative Analysis
Part 3 - 'The Players'
Nothing But The Facts
RBR questioned Infinity Pres./COO Joel Hollander, who confirmed the letter was about Crystal Media Network not Christal Radio (rep firm). Westwood One CEO Shane Coppolla: "Infinity stations work with a lot of different products and companies, but the letter speaks for itself..." Crystal Media Network CEO Nick Krawczyk stated "There is so much inaccuracy that's being spewed around in this marketplace right now… Editor's Note: Follow the Money! 01/05/04 RBR #1

RBR Investigative Analysis
Part 4 - 'The Polygraph Test'
One-on-One with Krawczyk
So what's really going on here? Is this a case where Infinity's public stance is to protect the network, but the stations, operating independently, do what they want? RBR posed five point blank questions at CMN's Krawczyk.. 01/05/04 RBR #1

RBR Investigative Analysis
Part 5 - 'The Agency Buyers'
What do the buyers think?
The buyers have a fiduciary duty to their clients to get the best of the best and bring the consumers into the clients place of business. It is called results and accountability. RBR contacted late last week Reyn Leutz, and Irene Katsnelson, for their observations.. RBR Observation: So what's really going on here? Startup Crystal Media took the industry by surprise. 01/05/04 RBR #1

Few deals, but multiples
stay high--Part 3 of 3
Station multiples remained high in 2003 and are expected to stay high in 2004. So, just where are multiples these days? But it's all in the eye of the beholder. Editor's Note: Based on estimates, here's a rough idea of where cash flow multiples are today. Charting the multiples knock yourself out. For Part 1 & 2 see below. Good Luck in 2004! 12/31/03 RBR #253

RBR First - 2004 forecasts: The Six Industry Ad Chiefs optimistic
TVB, IAB, CAB, RAB, NAA and OAAA each have a point of view. Overall, the outlook is quite good. Editor's Note: For the first time you get to see, read and compare side by side what these media chiefs foresee in '04. Judge for yourself.
12/20/03 RBR #252

Few deals, but multiples
stay high -- Part 2 of 3
Expect multiples to remain high in 2004. This year not a heavy year for radio station sales, nevertheless, asking prices remained high and the few sales that did occur in prime markets were at impressive multiples. Editor's Note: For Part 1 see below. 12/20/03 RBR #252

Few deals, but multiples stay high
--Part 1 of 3
Based on station trading, which has really been sparse this year, it's difficult to put together any hard data to prove what cash flow multiples radio stations are selling at. Editor's Note: Word has it that multiples still high. 12/29/03 RBR #251