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April 24, 2014

Top Story

Clear Channel Media & Entertainment Revenue up 2%

Clear Channel Media & Entertainment Revenue up 2%

CCM+E includes radio and Clear Channel says the $14 million increase over Q1 2013 was primarily due to an increase in its traffic and weather business and stronger national and digital advertising. CFO Richard Bressler says telecom, health care and auto were the top three categories for the company. The company did blame some of the slow growth in Q1 on the harsh winter weather and Bressler did not give hope for a strong Q2. He said pacings are down 1.9% with core stations pacing down 3%.


INDUSTRY NEWS

CCM+E Expenses Rise $26 Million

CCM+E Expenses Rise $26 Million

Clear Channel reported the $26 million operating expense - or 6% increase - was due to investments in national and digital salespeople, increased production costs for events such as the iHeartRadio Country Music Festival and digital and streaming expenses. The company also reported it had $20.4 Billion in long term debt.


Net Neutrality Discussion Goes Viral in Hours

Net Neutrality Discussion Goes Viral in Hours

There was so much media attention following this Wall Street Journal report Wednesday evening about the FCC's plans to change the rules governing the speed of the Internet, FCC Chairman Thomas Wheeler sent out a statement late last night trying to put out the fire. The reports were saying that, for a price, bigger companies could push out content faster than smaller ISP's. Today, the FCC will conduct a background call at 11:00 a.m. EST to discuss the draft proposed Open Internet rules that will be considered at the May 15th Commission meeting. Here is Chairman Wheeler's statement after the early reports surfaced...


SiriusXM Revenue Grows 11%

SiriusXM Revenue Grows 11%

It was the 9th consecutive quarter of double digit revenue growth for the satellite radio company. For the 1st quarter of 2014, SiriusXM generated $851 million in subscriber revenue and $22.2 million in advertising revenue. Add in equipment and other revenue and the total for Q1 was $997.7. CEO Jim Meyer said the company performed ahead of expectations in the quarter. Free cash flow grew 56% to $223 million, adjusted EBITDA climbed 28% to $335 million and adjusted EBITDA margin was 33.5% in the quarter.


Smulyan Pushes Chip On Wall Street

Smulyan Pushes Chip On Wall Street

In an interview the day his company was at the NASDAQ, where the Emmis stock trades, CEO Jeff Smulyan sat down for an interview where he continued to push the FM chip as the future of radio, touting the 30 million Sprint phones now FM-enabled. Smulyan also touched on NextRadio, SiriusXM, Pandora, the culture at Emmis, and his first-quarter earnings. And he answers the question, "Should investors be looking at radio again?" Watch the Smulyan interview HERE


Are Pirates Infesting Your Market?

Are Pirates Infesting Your Market?

Many broadcasters were not surprised at the number of Pirate radio stations that were allowed to operate for a significant period of time in and around the City of Boston. Some are still operating today. Radio Ink would like to know if this is happening all around the country. What are the chances this is only happening in one market? If you are aware of Pirate radio stations operating out in the open in your market, send all the details to edryantheeditor@gmail.com.


So What About Those Pandora Numbers?

So What About Those Pandora Numbers?

There's no question Pandora is extremely popular among consumers. Nobody has ever argued that. What has become somewhat irritating to radio industry executives are the claims Pandora executives have made regarding how they rate versus traditional radio. Pandora has claimed it has 9 percent of all radio listening in the United States, and has the number-one station in many major markets. Those listening levels have never been verified by Arbitron or Nielsen. And, when big ad money is at stake, you would think verifiable facts would be important. The numbers have also never been challenged by Wall Street analysts. Until now. Meet BTIG analyst Rich Greenfield.


XAPPmedia Raises $3 Million in Funding

XAPPmedia announced on Wednesday that it has raised $3 million from private investors. The money will fund the development, launch and wider deployment of the XAPPmedia advertising platform, XAPP Ads. Specifically, this round of funding has been applied to developing and extending the XAPP Ads platform, a service that connects consumers with brands by allowing listeners to interact with audio ads using only their voice.


CBS Philly Partners With City For Run

The City of Philadelphia Department of Parks & Recreation and CBS Radio are partnering for the Blue Cross Broad Street Run, taking place May 2-4. The five Philadelphia CBS stations will provide marketing, media and programming support as well as secure sponsorships for the race, now in its 35th year.


Pistons Move Could Start Competitive Ball Rolling

Pistons Move Could Start Competitive Ball Rolling

Greater Media's sports station WMGC in Detroit, which just announced it will carry the NBA's Pistons, could start to make some inroads in its battle against CBS owned "The Ticket," in Detroit. The Detroit News has the story about the importance of play-by-play professional sports, even though the Pistons are a terrible team out of the four big teams in that sports crazed city. As the paper points out, eventually the contracts of the Lions, Red Wings and Tigers will come up for renewal and you can expect Greater Media to make a play for those as well.


Cumulus Torches Talker in Des Moines

News talker KWQW-FM in Des Moines will now be known as 98.3 The Torch - Common Sense Radio. Changes include Glenn Beck replacing Chris Plante from 9A-11A, Dennis Miller replacing Herman Cain from 11A-2P and The Morning Drive with Robert Rees, who is also the PD, replacing Des Moine Morning News from 5A-9A.



PEOPLE IN THE NEWS

Four More Years For Matt Siegel

Four More Years For Matt Siegel

He's been entertaining Boston for more than 30 years and that run will continue. Clear Channel Boston has extended its contract with Matt Siegel through 2018. Siegel is the host of the Matty in the Morning show on Kiss 108 in Boston and a two-time NAB Marconi winner (2001 and 2009) for Major Market Personality of the Year. Siegel kept his comments short and sweet about the new deal. "My wonderful love story with the city of Boston continues," he said.


Rover To Call Stern As Witness

Rover To Call Stern As Witness

Although there is no explanation as to why, Fox 8 in Cleveland is reporting that Clear Channel host Shane French (pictured), aka Rover, plans to call Howard Stern as a witness in his upcoming trial. The WMMS morning man was indicted on charges of resisting arrest, inducing panic, assault, vandalism, and criminal damaging after police arrested him, alleging he shot fireworks toward a boater. The boater turned out to be an off-duty police officer.


Baker Replaces Larent at CTIA

Baker Replaces Larent at CTIA

Former FCC commissioner (2009-2011), 45-year old Meredith Attwell Baker has been named President and Chief Executive Officer of CTIA-The Wireless Association. Baker replaces Steve largent who announced his retirement late last year. Some of the goals Baker said she plans to pursue: To place more emphasis on technical and engineering expertise related to spectrum and wireless technologies, work with commercial and government users to produce a viable five-year plan for the future of spectrum usage and begin to regularly assess how efficiently spectrum is being used.


SEND US YOUR BLAST FROM THE PAST

SEND US YOUR BLAST FROM THE PAST

Our "Blast From The Past" page in Radio Ink is our most popular page. We love your old pictures, ancient studio equipment, classic station vehicles and other great radio memories. Send pictures edryantheeditor@gmail.com. Here we have a young Steve Wexler, now Executive Vice President for Journal Broadcast Group.



TRENDING STORY

Boston Pirates Worse Than First Thought

Boston Pirates Worse Than First Thought

The plight of Boston Pirate radio station Touch 106 has generated a lot of interest from broadcasters. One Boston GM tells Radio Ink the situation in Boston is a lot worse than anyone knows. There's even a website that keeps track of the Pirate stations, what happens to them, and what doesn't (CLICK HERE). The Governor defended Touch 106, even though he knows it's illegal, after the feds shut the station down. The Boston GM Radio Ink spoke to says, "It's odd that Patrick has praised an illegal station operator who, for years, has been outwardly defiant towards towards a major government agency."


Who Are the Most Influential Women in Radio?

Who Are the Most Influential Women in Radio?

Every June, Radio Ink magazine highlights the tremendous accomplishments of radio's most successful women. For the past 15 years, our Most Influential Women in Radio issue has been one of our most popular, as every woman we profile gives specific details on how she got into radio and climbed up the ladder of success. Also in this issue, we highlight a radio legend, someone who has, year after year, had tremendous success in radio and has also moved the industry forward in a positive way. Send your nominations to edryantheeditor@gmail.com.



WEDNESDAY BLOGGERS

<b>(SOCIAL)</b> Your Social Media Content Plan

(SOCIAL) Your Social Media Content Plan

(By Loyd Ford) When it comes right down to it, many radio clusters and individual radio stations dont have an effective social media plan designed to help them get results for goals they have for engaging actual local audience and for growing higher participation with their brand or brands. Thats a shame. With a little focus, effort and consistency, you could actually turn your social media into a powerful set of tools for growing social media presence, ratings, and even local-direct revenue for your cluster.


<b>(TALENT)</b> Green Side Up

(TALENT) Green Side Up

(By Ron Robinson) In a recent article, the writer singled out radio station copywriters whether they were actual members of an actual creative department or the forlorn and reluctant salespeople who also got saddled with the job of typing the hype. They were noted for being compelled by management to write copy that was, at best, "not offensive." Now, theres a strategy for producing wildly successful advertising!


<b>(COPYWRITING)</b> Hold the Phone

(COPYWRITING) Hold the Phone

(By Jeffrey Hedquist) When was the last time you wrote down a phone number you heard on a radio commercial? I thought so. Do you really expect any other listener to do it, especially while theyre driving? Millions of dollars in radio time are wasted each year promoting phone numbers no one responds to, and yet clients keep asking to have their numbers put in radio commercials, thinking that radio works like print. It doesnt.



MONDAY BLOGGERS

<b>(SALES)</b> Do What You Fear

(SALES) Do What You Fear

(By Sean Luce) Doing what you fear is easier said than done, I promise you. How many of us really take on the thing we fear the most and conquer it or continually challenge it until we overcome that fear? The sales profession has a graveyard of people who couldnt overcome their fear of call reluctance and settled for something lesser than taking on their fears and reaching their true potential.


<b>(SALES)</b> Does Social Media Sell?

(SALES) Does Social Media Sell?

(By Jeff Schmidt) P.T. Barnum said, There is no such thing as bad publicity, as long as they spell my name correctly. I wonder if US Airways feels that way this week. I consider myself pretty plugged in and aware when it comes to social media, but I freely admit I learned a new acronym today. NSFW: Not Safe For Work. I learned this over the fracas caused by a US Airways (@USAIRWAYS) tweet. In case you missed it, US Airways had a tweet go viral in an historic way.


<b>(PROGRAMMING)</b> Who Are You Programming To?

(PROGRAMMING) Who Are You Programming To?

(By Tom Watson) Digital, Internet, terrestrial no matter what the platform may be for your programming, there is one rule that still applies: Local content is king. Live and local wins every time. Ive said this many times over the years: Music alone is not a strong enough benchmark to make and keep your station number one. Im addressing the money demographics, the 30-plus adults, not the millennials of 12 to 30.



RADIO INK CONFERENCES

CONVERGENCE SPEAKERS WANTED

CONVERGENCE SPEAKERS WANTED

Are you leading the charge to grow digital revenue at your station or company? Are you one of those on the cutting edge of digital technology? Are you willing to share your knowledge, experience, and success with the entire radio industry? Radio Ink is looking for speakers and presenters for Convergence 2014, the longest-running conference where great radio and digital minds merge. Take a look at our 2014 Agenda and contact Deborah Parenti at parenti@aol.com or fill out this form if you'd like to be part of this year's event.


Are You Banking Enough Digital Revenue?

Many believe radio's big growth spurts will come from the digital side of the business. Quarter after quarter, the Radio Advertising Bureau reports how digital revenue for radio is exploding as over-the-air revenue remains mostly flat until another political ad bonanza comes along to give it a jolt. If you want to learn how to increase your digital revenue, consider attending Radio Ink's Digital Audio Conference, Convergence, June 4 and 5 at the Santa Clara Convention Center in the heart of Silicon Valley. Our 2014 agenda has been posted HERE. If you would like to be considered to speak on a panel and help radio generate digital revenue GO HERE. REGISTER HERE.



RADIO INK

TELL US ABOUT YOUR SALESPEOPLE

The Programming Department at your radio station is very good at telling us when they hire a new PD, morning show or afternoon drive jock. And we love to write about them. We also know how important salespeople and sales managers are. They are grinding it out on the streets with more competition than ever in an economy without a Mustang engine. We also want to brag about your sellers. Tell us all about your new sales hires, Sales Manager promotions or company award winners. Everyone loves to see their name in lights...some like the extra pat on the back more than money in their pocket. Send all the details - and a photo - to edryantheeditor@gmail.com









Blast From The Past
Dust off your old radio pictures and send them to edryantheeditor@gmail.com

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Station Vehicle Gallery
Radio stations from all over the country have sent in pictures of their mobile marketing machines. Here are some of the most creative vehicles being used in the industry today. Send your picture to edryantheditor@gmail.com.
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