Holiday 2011 PPM Austin TX Greensboro Hartford CT Indianapolis IN Jacksonville FL Memphis TN Milwaukee WI Nashville TN Norfolk VA Providence RI Raleigh NC West Palm Beach Fall 2011 Quarterly Bluefield WV Casper WY Cheyenne WY Jackson TN Lawton OK Mankato MN Rapid City SD Sioux City IA Wichita Falls TX Abilene TX JB & Sandy Nikki Nite Rob Carson The Morning Show JD for the Ride Home Chris and Janeen Keith Mitchell The Breakfast Club Shane Collins Shroom Meat Brady & Rose John Tesh Miggy AJ Jennifer Lipp Dan Thomas Alex & Terri Stephen Michael Kerr Tom & Maria Steve Goddard Valentine Ryan Seacrest The Juice Crew John Magic

Radio Business News

Beasley Q4 Revenue Drops, Net Earnings Up 1.7% Beasley Broadcast Group posted a 6.8% drop in fourth quarter net revenue to $25.2 million from $27 million in 2010. Station operating income (SOI) was also down, dropping 9.5% to $9.4 million from $10.4 million. The company reported Q4 net income rose 1.7% to $3.4 More

NAB Responds on Voluntary Inclusion of FM in Cells In response to a letter from CEA, CTIA and musicFirst to members of the Congressional Black Caucus claiming that NAB is seeking a "mandate" of FM chips in cellphones, NAB Executive VP/Communications Dennis Wharton said in a statement: "It is disappointing that More

Radio Partners LLC Acquires Steamboat Springs CP Radio Partners LLC has agreed to purchase a FM construction permit 970911MV, licensed to the ski town of Steamboat Springs, CO, for $125,000 from Ramsey Leasing, pending FCC approval. The buyer is headed by Don Tlapek who also owns an FM construction permit for More

NAB Radio Board of Directors Meet for Winter Meeting The NAB's radio board of directors met this week for its regularly scheduled winter board meeting. NAB Radio Board Chair Caroline Beasley, Executive VP/CFO of Beasley Broadcast Group, called the meeting to order. Kelly Cole provided an update regarding efforts to educate lawmakers on the benefits of radio chips in cell phones. Cole More

Strata Q4 Agency Survey Show Ad Spending Climbs Optimism returns to the media buying industry after showing impressive growth during Q4 2011, according to a new STRATA quarterly survey of advertising agencies. The industry is confident that ad spending will continue to rise in 2012. However, the survey noted that digital advertising was flat, while mobile is building More

Americans Listen to Radio 14.6B Hours Each Month With an ever-growing number of media choices, Americans' preference for and reliance on radio continues to endure year after year. In the latest Radio Today by the Numbers, Arbitron's quarterly highlight of consumers radio usage, found that 93% of everyone in the U.S. listens to radio each week and that Americans listen More

Merlin Strikes Back, Issues Own Cease and Desist In response to a Cease & Desist order by CBS Radio regarding the use of WINS' trademarked slogan, "You give us 22 minutes, we'll give you the world," on WEMP/New York, Merlin Media said it is "not precluded by law" from identifying its competitors and highlighting its competitive advantages and that's its "advertising to More

Pandora Records Local Radio Market Growth Pandora, a Internet radio service, has announced its 2011 full year listenership results, proclaining that it has now reached an Average Quarter Hour (AQH) rating of 1.0 or more among adults 18-34 in the top radio markets. The full year results revealed AQH and cumulative audience (cume) increases in each of the top local radio More

Regional Reps Corp. Signs with Adventure/Bluefield Regional Reps Corp., a rep firm specializing in small and medium market radio stations, signs an exclusive rep agreement with Adventure Communications in Bluefield, WV. RRC will now handle national sales for the eight station cluster, including Hot AC WHAJ-FM, Talk WHIS-AM, Country WHIS-AM, Country WHQX-FM, Sports WKEZ-AM, More

Ex Morning Duo Craig & Sam Sue KHTE/Little Rock Karla Moore and Craig Morrison, former morning personalities at CHR KHTE-FM (K-Hits 96.5)/Little Rock, have filed a lawsuit against Crain Media Group where they were known as Craig & Sam. In federal court, the duo claimed they weren't paid for working overtime and are suing for back pay and unspecified damages, More

Border Media Business Trust Sells Texas Outlets Border Media Business Trust, headed by W. Lawrence Patrick, trustee, has agreed to sell three Texas outlets and a LMA partner to R Communications, headed by Roberto Gonzalez, for $2.7 million. Included in the deal are KBDR-FM (100.5/42k)/Mirando City and KNEX-FM (106.1/6kw) and KLNT-AM (1490/1kw)/Laredo. Plus assumption of a More

Study: Record Number of Latinos Are Likely to Vote Spanish News/Talk WSUA-AM (Radio Caracol 1260)/Miami has sponsored a study indicating that Hispanics in South Florida will break voting records during this year's local and national elections. As such, Radio Caracol kicks off a new weekly program "Caracol Decision 2012" hosted by Yoly Cuello that is dedicated to provide their More

Relevant Radio Comes to The East Coast with WBZS Relevant Radio has agreed to acquire WBZS-AM (550)/Providence for $750,000 from Salem Communications. The deal was struck on January 6 and the FCC application was filed on January 17. The religious broadcaster also owns stations in Chicago, Minneapolis, Austin, Eau Claire, Green Bay, La Crosse, Madison, Milwaukee, Wausau and More

Industry Stocks Heavily Affected by Economy in 2011 Stocks of publicly held local media companies performed worse last year than the overall stock market, falling 18.7%, according to BIA/Kelsey's Local Media Index (LMI). The LMI tracks the local media sector, with a market capitalization of $2.2 trillion. BIA/Kelsey concludes, overall, there is a secular shift toward growth in More

Emmis Q3 Net Radio Falls 10.6%, Earnings Surge Emmis Communications reported a fiscal third quarter net revenues of $59.3 million as compared with $66.3 million in 2011. Radio net revenues fell 16.8% to $39.7 million from $47.8 million. The three stations in Chicago and New York produced LMA fees of $0.3 million monthly, but did not record advertising sales. Radio's station More

WCHL Owner Closes on North Carolina FM Translator Vilcom Interactive Media LLC, a North Carolina company, has closed on its purchase of FM translator station W253AZ in Creedmoor, NC, from Liberty University Inc., a Virginia nonprofit corporation for $100,000. Vilcom also owns News/Talk WCHL-AM/Raleigh (Chapel Hill), NC. Bob Heymann of the Chicago office of Media Services Group More

Copyright © 1989-2012 RADIO ONLINE ® The publisher makes no claims concerning the validity of the information posted on RADIO ONLINE and will not be held liable for its use. No part of this material may be reproduced in any form, incorporated in any information retrieval system or otherwise redistributed without the prior written permission of the publisher.