The San Antonio Express-News broke the story that the new lawsuit was filed Tuesday. iHeartMedia is asking for hundreds of millions of dollars in damages over the previous dispute it had with bondholders because that case delayed plans to refinance debt and cost the company money.
We didn't get much color about radio in the CBS earnings call, we never really do. However, that might be changing as the company gets ready to spin off its radio division. And, even though the paperwork has been filed with the SEC for an IPO, all options to spin-off the radio division are still on the table.
Wells Fargo analyst Marci Ryvicker has been a big fan of Entercom for quite some time. The company's 5% second-quarter revenue growth did not change that. In fact, it only solidified her feelings about the company.
(By Walter Sabo) You and the RAB have actually done an excellent job of maintaining the desirability of radio as an ad medium. The challenge, at street level, is making radio easy to buy. Let me share a unique perspective.
NextRadio has launched a new blog series, and in that first blog, NextRadio unveils new data with the help of Edison Research. It was an online survey of 2,094 adult smartphone users who were asked specifically about radio.
...there's still a lot of room to grow. According to a Strata survey reported on eMarketer, TV or spot cable is where over 50% of agencies prefer to advertise.
Time Warner Cable SportsNet and ESPN Radio Los Angeles 710AM (ESPNLA 710) have reached a multi-year programming agreement to simulcast the Thompson & Trudell show and Mason & Ireland show.
CEO David Field told investors and analysts Wednesday that he was not given the opportunity to get a look at the Greater Media assets before they were sold to Beasley Media Group, adding, "It looked like a great deal for Beasley."
Those were the words of David Field, Wednesday, after taking a question about the announced Shazam ratings service. Entercom and three other companies announced they were launching a new app-based ratings service with Shazam, although the details about the service were minimal, and when it will be ready is unknown.
The nice comments (and a few not so nice) from industry veterans about former RBR/TVBR Publisher Jim Carnegie are piling up following the announcement of his death, and Eric Rhoads' editorial about his friendship with Carnegie. We heard from Walter Sabo, Joe Bilotta, Katy Bachman, Dick Taylor, and Barry O'Brien, just to name a few. In cased you missed it yesterday, here's the link to the editorial and the comments.
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The duo has been signed on as the new morning show at the Alpha Media, West Palm Beach station, replacing Chelsea Taylor who will stay on and contribute to the show. August 1 is the big debut. Jubal Flagg is a standup comedian, radio host, television personality, and comedy writer, while Brooke has worked in morning radio for over 12 years and hosted Top 40 radio’s first all-female morning drive show.
Raleigh, NC’s 99.9 The Fan is bringing back former East Carolina head football coach Steve Logan, who recently returned from a year in the NFL as Quarterbacks Coach for the San Francisco 49’ers. He’ll assume the role of NFL and College Football Insider for the 2016-17 season. Logan worked in a similar capacity with Capitol Broadcasting from 2013-2015.
Mason City, Iowa’s Globe Gazette reports that KLSS morning man Harry O (aka Harry O’Neal) is moving on to other things after 32 years in the saddle. During that time he has had thousands of listeners from 6 a.m. to 10 a.m., Monday through Friday, taken part in numerous bizarre activities for North Iowa charities.
The cause of death is not known at this time. Doyle starred in Babylon 5 and appeared in other TV shows before getting into radio as a conservative host.
Moberly-Macon, Missouri, that is. Benkiel replaces Les Tuttle who was overseeing three Missouri markets. Tuttle will still run Alpha's Farmington-Fetus market. In Moberly, Alpha owns KRES-FM, KWIX-FM, KWIX-AM, KTCM-FM, and KIRK-FM. Most recently, Benkiel was GSM for Cumulus in Macon.
Public Media Company PRX is opening a podcasting studio in Boston called the Podcast Garage. The plan is for the facility to serve as a recording space and educational center, dedicated to the craft of audio storytelling.
More than 14 podcasts have been added by the broadcast giant – and the entire NBC Sports Radio portfolio of programming has been made available on-demand via podcast. Leading the new additions is Tara and Johnny, a lifestyle podcast hosted by Tara Lipinski and Johnny Weir.