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Arbitron, CBS Announce Quarterly Cash Dividends
Arbitron's board of directors has approved a quarterly cash dividend of $.10 (ten cents) per common share ($.40 per share on an annualized basis). The dividend will be paid on or about January 4, 2010 to shareholders of record as of the close of business on December 15, 2009. As of October 30, there were 26.5 million
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Emmis Flips KDHT (Hot 93.3)/Austin to Stunt Mode
Emmis-owned KDHT-FM (Hot 93.3)/Austin has dropped Hip Hop and is stunting ahead of a rumored format flip. The entire programming and air staff is out and the station is running jockless. A new format is expected to debut on Friday, November 20. The station was ranked number nine 12+ in Arbitron's Summer Report with a
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Arbitron Filing Cites CC, CMLS Moves for Down Revs
In a 10q filing with the SEC, Arbitron reveals that Cumulus and Clear Channel's move to Nielsen in some of their smaller markets contributed to the $4.6 million decline so far in 2009 revenue. The ratings giant expects revenues to fall by $5 million this year and then $10 million per year thereafter. "Due to the
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WNYZ (Pulse 87)/New York to Cease Broadcasting
Mega Media Group's struggling Rhythmic CHR WNYZ-FM (Pulse 87.7)/New York announced Friday that it would go dark and stop broadcasting at 5pm. Pulse launched in February, 2008, on the audio portion of a low-power television outlet on VHF channel 6. It filed for chapter 11 bankruptcy protection in August owing creditors more than
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Arbitron Custom Research to Measure Akoo Audience
Arbitron has signed a deal with social music television network, Akoo, to deliver audience estimates. This service will provide Akoo with estimates to demonstrate the reach and frequency of its network to advertisers. Akoo can be found in social out-of-home environments, including shopping malls and universities. "Our
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Mega Media's Pulse 87 Back On the Air in New York
Financially-troubled Mega Media Group's Rhythmic CHR WNYZ-LP (Pulse 87)/New York is back on the air after going dark Sunday night. The station told listeners that technical issues (STL) kept the station off the air. Pulse did manage to stream online during its STL outage. Mega Media filed for chapter 11 bankruptcy
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FCC Approves Return of KMAJ/Topeka to Cumulus
The FCC has approved the return of KMAJ-FM (Magic 107.7)/Topeka into Cumulus Media's local broadcast group. The AC outlet had been in a trust since 2005 when Cumulus Media Partners acquired Susquehanna Radio for $1.2 billion. At the time, the transaction put Cumulus over the FCC ownership limits with the number of FM stations
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Arbitron Q3 Down 4.3% Over CC, Cumulus Drops
Arbitron reported a third quarter revenue dip of 4.3% to $98.1 million from $102.5 million in 2008. Net earnings for the quarter declined to $13.7 million (51 cents per share), compared with $17 million (63 cents) in the year-ago period. The company points to a decision by Cumulus and Clear Channel to subscribe to Nielsen's
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United Stations Joins The Media Rating Council
United Stations Radio Networks (USRN) has become a member of the Media Rating Council (MRC). USRN signed a three-year membership with the MRC, and along with their enrollment, USRN will receive one seat on the MRC Board of Directors. The announcement comes from USRN President/COO Jim Higgins, based at the network's headquarters
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Arbitron Faces AG's Deadline for MRC Accreditation
Thursday, October 15 is the deadline for Arbitron to receive Media Rating Council (MRC) accreditation for its PPM service in New York or face the ire of New York Attorney General Andrew Cuomo. Cuomo sued the ratings firm in August, 2008, over PPM and under the settlement reached in January, the ratings giant agreed to "make all
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Arbitron Commercializes PPM in Five New Markets
Arbitron has commercialized its Portable People Meter (PPM) ratings service in five new local markets. The company has released radio audience estimates for the September 2009 PPM survey month (August 20-September 16) to its subscribers in Tampa, St. Louis, Denver, Baltimore and Pittsburgh. PPM audience estimates in these
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Emmis Radio Fiscal Q2 Revenues Down 26.5%
In a filing with the SEC Friday, Emmis Communications reported a 26.5% drop in revenues for its fiscal second quarter to $67.8 million from 92.7 million a year earlier. Station operating income (SOI) fell 50.1% from $27.1 million. The company posted a net loss of $135.6 million ($3.67 per share), compared to net earnings
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Arbitron Executive VP Taher Behbehani Exits
In a filing with the SEC, Arbitron discloses that 20-year media Taher Behbehani has exited. He joined the company in the newly-created position of Executive VP, Chief Strategy and Business Development Officer in April. Before Arbitron, Behbehani served as VP/Business Affairs for Time Warner Cable Inc., where he also served as
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WARH (106.5 The Arch) Makes St. Louis Radio History
History took a turn in St. Louis Thursday with the release of PPM. Yes for the first time in 130+ Arbitron surveys, Variety Hits WARH-FM (106.5 The Arch) became the first station to knock longtime ratings leader News/Talk KMOX-FM out of the #1 slot for Persons 12+, as The Arch now holds that #1 position. In the latest PPM
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Arbitron Honors Excellence in Multicultural Radio
Arbitron congratulates Comcast and Grupo Gallegos, the radio grand prize winner, honored at the Multicultural Excellence Awards held at the 11th Annual ANA Multicultural and Diversity Conference in Phoenix. Arbitron said it worked closely with the ANA to introduce a new category in 2009 highlighting exceptional work in radio
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PPM Sample Size to Increase Across All Markets
Arbitron is implementing a strategy to increase sample sizes in its Portable People Meter (PPM) markets. The company now plans to increase sample targets by ten percent in Persons ages 18-54 by mid-year 2011. Using a phased approach, the company plans to increase its overall sample targets for 18-54 by eight percent before the
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Arbitron Debuts Cross-Platform Media Measurement
Arbitron has formed a cross-platform media measurement group, while expanding of its executive management team. The group is meant to bring together product development, as well as sales and product management, Arbitron says this is a "significant step" in leveraging Portable People Meter (PPM) beyond its traditional radio
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Radio Stocks
|
| Symbol |
Last Trade |
Change |
| ARB |
22.28 |
+0.08 |
| BBGI |
3.60 |
+0.20 |
| CBS-A |
12.84 |
-0.52 |
| CMLS |
2.26 |
+0.01 |
| DIS |
30.01 |
-0.20 |
| EMMS |
1.11 |
-0.03 |
| ETM |
6.25 |
-0.11 |
| EVC |
2.22 |
-0.04 |
| FSCI |
16.59 |
-1.07 |
| HRS |
43.07 |
-0.28 |
| JRN |
3.74 |
+0.05 |
| ROIA |
2.975 |
+0.0056 |
| RGCI |
0.382 |
+0.022 |
| SGA |
12.64 |
+0.05 |
| SALM |
5.30 |
+0.26 |
| SIRI |
0.631 |
-0.0002 |
| SBSA |
0.70 |
+0.01 |
| Updated as of: 11-20-09 6:53pm CT |
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