Remember all those high hopes radio executives had for political advertising revenue that was supposed to come to radio but didn't? Now look who's turning to radio in the home stretch of this presidential election: Hillary Clinton. But it's not by purchasing ads...
If you attended the Radio Show in Nashville last month and sat in on any of the sessions on the dash, the takeaway was that radio needed to find a way to stay relevant as the automobile industry transforms what used to be radio-owned real estate into a computerized extension of the consumer's cellphone. It seems at least one radio company is well connected when it comes to knowing where that technology is headed, and that's iHeartmedia.
That's according to Zenith Media, which also says 75% of global Internet use will be mobile next year. The predictions are part of Zenith’s new Mobile Advertising Forecasts. Mobile use of the Internet has increased from 40% in 2012 to 68% in 2016, and Zenith is forecasting it to reach 79% by 2018.
For the next several weeks we'll hear exactly how radio's public companies performed in the third quarter, as they report earnings. We also like to check in with companies who have smaller groups, operate in medium and smaller markets, or simply do not report to Wall Street. Ben Downs is responsible for 10 stations in Texas for Bryan Broadcasting, where he’s been for 26 years as Vice President and General Manager. Here's how Ben and His team are doing in the state of Texas...
In his latest blog posting, Cumulus/Westwood One Chief Insights Officer Pierre Bouvard has laid out some data for radio stations to take to clients as the all-important fourth-quarter holiday shopping season gets ready to launch. The final three months of the year have typically been radio's best, and Bouvard lays out the forecast for the shopping season and how radio should be participating in snatching up those Q4 advertising dollars.
After the election dust has settled, a new administration will be taking the reins of the nation’s regulatory agencies. How will a new FCC treat radio? Will there be opportunities for reform of broadcast-ownership rules under a new Congress and new FCC?
And that translates to $1.3 billion, a record quarter for the satellite broadcaster. The company now expects full-year 2016 revenues to be approximately $5 billion.
The company added 345,000 net new subscribers during Q3 to edge closer to the 31 million subscriber mark. Self-pay net additions were 385,000 during the third quarter, resulting in self-pay total subscribers of 25.5 million. By the end of 2016, the company expects net self-pay subscriber additions of approximately 1.6 million and total net subscriber additions of approximately 1.7 million. CEO Jim Meyer said there are now 91 million automobiles on the road with SiriusXM installed and that included a 73% penetration rate in the third quarter.
The Christian broadcaster and publisher announced Thursday that it has acquired Mike Turner's Signal Investor, Quick Hit Trader, and TurnerTrends Tools, as well as the website www.TurnerTrends.com.
The Conclave, which celebrates 41 years in 2017, has announced its conference dates for 2017, which will be July 26-28 at the DoubleTree by Hilton, Minneapolis - Park Place. The early registration rate of $199 is available now until January 2, 2017. To register, and for more information, GO HERE.
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Top 40/Rhythmic WWKX-FM, HOT 106 in Providence has a new morning show featuring native Rhode Islanders Bekah Berger and Mike D.
Westwood One is serving up Country duo LOCASH for Thanksgiving. The pair will host an all-star Thanksgiving special called "A Thanksgiving Weekend Celebration" with LOCASH. The special will include cuts from their new album The Fighters, music from their A-list friends, and bountiful holiday memories.
Buzz Knight, the longtime SVP/program development for Greater Media, will be joining Beasley as VP/programming on the close of Beasley's purchase of Greater Media. He takes over from Justin Chase, who, as reported earlier, has been promoted to EVP/programming for Beasley Media Group. Chase called Knight "incredibly strategic and well suited for the Beasley company culture."
As Beasley gets ready to close on its purchase of Greater Media, Justin Chase takes on a bigger role as Executive Vice President of Programming. Chase was VP of Programming since 2013, after four years of service as Operations Manager for Beasley's cluster in Vegas.
Although the station had nothing to announce at this time, several reports in New York have Chris Carlin joining Ike Reese for afternoon drive on CBS's WIP in Philadelphia. Carlin has co-hosted SportsNet New York’s Loud Mouths since 2008. Carlin has worked at SiriusXM and did fill-in work at FAN. Early in his radio career Carlin was Mike Francesa’s producer for six years. Picture courtesy SNY.tv
CBS Radio and Simon & Schuster have launched a new podcast called “The Paper Donkey Podcast” on the play.it network. The 45-minute podcast is a conversation between writers and editors about their work and will be posted every other Wednesday. It's the second podcast created by CBS Radio and Simon & Schuster.
Triton Digital released its ranker for August 2016 and the company says, when compared to July 2016, the Sports format showed the largest listening gain with a 12.9 percent increase in Average Active Sessions, followed by Adult Contemporary (12.7%), Country (10.5%), Classic Rock (9.9%), and Top 40 (CHR) (7.6%). Check out the full August 2016 Triton Digital ranker HERE.
The shows are The West Wing Weekly, co-hosted by Hrishikesh Hirway (of Radiotopia’s Song Exploder) and acclaimed actor Joshua Malina; and The Bugle, a satirical comedy podcast, founded by John Oliver and Andy Zaltzman.