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Radio Business News
Emmis Radio Swings to Fiscal First Quarter Profit
 Emmis |
Emmis Communications reported first fiscal quarter radio net revenues were $26.4 million, down from $38.7 million in the prior year. Pro forma for all radio station sales, Q1 radio revenues were down 4% in markets that were down 6%. The company posted net earnings of $23.4 million ($1.75 per diluted share) as compared
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FCC Promotes Emergency Alert Reliability Actions
 EAS |
The FCC has taken its latest in a series of actions to bolster the reliability of the nation's emergency alerting systems and support greater community preparedness. In a Report and Order adopted Thursday, the Commission set forth procedures for authorized state and local officials to conduct "live code" tests of the
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Podtrac Releases Top 10 Podcast Publishers for June
Podtrac has released its Top 10 Podcast Publishers ranking for June, 2018, reflecting that the five of the top 10 showing gains in their Unique U.S. Monthly Audience in June over May while the other five were either flat or saw slight decreases. Total Global Downloads for the top 10 publishers was up 1% in June over
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House Energy & Commerce Committee Passes PIRATE Act
The PIRATE Act (H.R. 5709) has been passed by the House Energy & Commerce Commerce Committee. Under the Act, any person operating a pirate radio station will be subject to a fine of not more than $100,000 per day of operations and not more than $2 million in total. Plus, the FCC will be required to assign appropriate
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Chairman Pai Proposes Incubator Program Requirements
 Federal Communications System |
FCC Chairman Ajit Pai is circulating a proposal that would establish the requirements to govern the incubator program that the Commission adopted in 2017 to support the entry of new and diverse voices into the broadcast industry. The program would initially apply to AM/FM full-service broadcast radio station ownership, as radio
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Adams Radio Group Inks Five-Year Agreement with Nielsen
Adams Radio Group has inks a new five-year agreement with Nielsen Audio to provide ratings for its clusters in Fort Wayne IN, Las Cruces NM, Salisbury-Ocean City MD and Tallahassee FL. Adams was previously utilizing Nielsen ratings in Fort Wayne and Salisbury-Ocean City and Eastlan Ratings in Las Cruces and Tallahassee. The
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Blacks, Hispanics Make Up One Third of Listeners
 Nielsen |
Nielsen's newly released "Audio Today" report focuses specifically on Black and Hispanic consumers, which make up a third of American radio listeners. The report profiles those audiences, their listening preferences, technology trends and the unique value they offer advertisers. It finds that not only is radio America's top
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Nielsen Settles Suit Against Bubba ''The Love Sponge''
 Bubba ''The Love Sponge'' Clem |
Nielsen has settled with Bubba "The Love Sponge" Clem in its ratings tampering case. Filed almost three years ago in October, 2015, Nielsen alleged that Clem paid several PPM panelists and diarykeepers ratings-tampering scheme to boost listening to his Tampa-based morning show. The suit stated that on July 30, 2015, Bubba met
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Emmis Inks CEO Jeff Smulyan to New Deal Through 2022
 Jeff Smulyan |
Emmis Communications has re-signed founder and CEO Jeff Smulyan to a new deal that runs through at least the end of February, 2022. Smulyan, who is also the chairman of the Emmis board, include automatic renewal each year unless the he or company decide otherwise. His base salary continues to be $1.025 million through February
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Nielsen Study Finds AM/FM Radio Makes Your TV Better
| Nielsen |
In a first-ever Nielsen cross-media study using PPM data to measure TV and AM/FM radio audiences (commissioned by Westwood One) found that radio can make TV better. The study revealed that AM/FM radio reaches 90% of light TV viewers. These viewers represent a large portion of TV's audience but comprise only a small percentage
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Chairman Pai Proposes to Improve FCC's EOE Enforcement
| FCC |
It's been fifty years since the FCC enacted its equal opportunity employment rules and national policy against discrimination in hiring by broadcast licensees. Now, FCC Chairman Ajit Pai has shared with his fellow Commissioners a proposal to shift agency staff responsible for enforcing the FCC's EEO rules from the Media Bureau
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Milner Closes on Sale of Five Suburban Chicago Outlets
Milner Broadcasting Enterprises LLC, a Delaware limited liability company, has closed on its sale of five Illinois outlets to Milner Media Partners LLC, a Delaware limited liability company. The purchase price was determined based on the company's Adjusted Net Operating Income. Included in the deal were 3kW Oldies WVLI-FM
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Avid Fans of Podcasts Surge to 16 Million Homes in 2017
 Podcasts |
According to Nielsen's Fanlinks survey data, which was included in its first-quarter 2018, "A Marketer's Guide to Podcasting Report," the medium saw a significant growth in engagement from 2016 to 2017. In the fall of 2016, there were 13 million homes who identified as "avid fans" of podcasts. In the fall of 2017, the number of
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Radio Accounts for $102 Million in Q2 2018 Deal Volume
 SandP Market Intelligence |
U.S. broadcast station mergers and acquisitions volume reached $5.11 billion in the second quarter of 2018, as tracked by Kagan, a media research group within S & P Global Market Intelligence. Even though 98% of Q2 volume is attributable to TV station sales, the quarter's largest radio group transaction was the $10.7
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Jacobs Media Unveils Broadcasters Meet Podcasters Agenda
 Jacobs Media |
Jacobs Media has released the full schedule for its "Broadcasters Meet Podcasters" sessions, part of the Podcast Movement conference, which takes place at the Philadelphia Marriott, July 23-26. Featured sessions include NPR's CEO Jarl Mohn, syndicated host Bobby Bones, CEOs including Caroline Beasley (Beasley Media Group),
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Hundreds of Additional Agencies to Use Eastlan Ratings
At least 700 more agencies across the U.S. will soon have access to Eastlan Ratings data. Mooresville, NC-based Advantage Software (gotoadvantage.com) will integrate Eastlan's data into their media buying software suite, effective with Eastlan's Spring 2018 release. All agencies using Advantage will
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