For its radio segment, Saga reported Q4 2015 same-station net operating revenue of $28.6 million compared to $29.7 million in 2014. CEO Ed Christian placed a lot of that blame on national business.
Saga CEO Ed Christian said local revenue at Saga speaks volumes about the company, pointing out that 90% of the revenue from Saga's largest market, Milwaukee, is coming from local. "I'm old school with new techniques. You must spend money on both programming and sales." And that's what Christian says he plans to continue to do along with spending money on marketing and promotion.
As radio's largest company deals with over $20 billion in debt, it is now in a battle with some of its lenders. iHeartMedia filed a lawsuit Monday to affirm it has the right to contribute stock to a subsidiary called Broader Media. That lawsuit was then followed by default notices from some of its lenders. iHeart is asking for a temporary restraining order that would prevent the holders from declaring their debt due and payable immediately.
Mason is our special guest on our next management podcast which will be posted Monday morning. Mason is a going to be part of Radio Ink's Hispanic Radio Conference in Fort Lauderdale later this month. He'll be interviewed by Jesus Salas from SBS Broadcasting.
iHeartMedia, was the recipient of nine Stevie® Awards at the tenth annual Stevie Awards for Sales & Customer Service in Las Vegas on March 4. The awards honor companies that set the industry’s highest standards of excellence for sales, business development, contact centers, and customer service.
Harold Austin is a partner at Global Media where he oversees all aspects of Global Media’s portfolio of Hispanic-based clients, with special emphasis on music testing, callout, and focus groups. Austin is an award-winning radio programmer and consultant with more than 25 years of experience in multiple formats...
That's according to Steven Passwaiter, the director-business development for Kantar Media's Campaign Analysis Group. In an Ad Age interview Passwaiter says that increase has a lot to do with how radio's biggest company, iHeartmedia has set up shop in Washington this year, specifically targeting political campaigns and explaining how radio can target voters.
Panel handouts and sessions from Country Radio Seminar 2016 are now available for this year’s attendees to view and stream. All content can only be accessed through www.CountryRadioSeminar.com. This past year’s CRS convention took place Feb. 8-10, 2016 at the Omni Hotel in downtown Nashville, Tenn.
Media Monitors released its update on the primary election and the spots candidates ran on the radio in its monitored markets between February 26 and March 6. Hillary Clinton ran the most ads, totaling 6,815. 3,738 ran from her campaign, 2,906 from her Super PAC Priorities USA ACTION, and another 171 were purchased by the SEIU COPE (Service Employees International Union). Bernie Sanders was in 2nd place followed by Ted Cruz.
We've certainly given plenty of ink to the controversy surrounding the FCC's plan to allow AM stations on the same frequency as Clear Channel AMs to retain power at night. As broadcast attorney David Oxenford points out in his latest blog there are plenty of other issues up for discussion regarding the Commission's AM Revitalization plan and comments are due this month.