Does Radio Need More Deregulation (Part 2)

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All week long we'll be interviewing radio CEOs to get their thoughts on whether or not they believe ownership caps at the FCC need to be changed, eliminated, or whether they are fine as they are now. The NAB is working with broadcasters to come up with a plan to present to the Commission next month. Our second interview features JVC Media CEO John Caracciolo.

Does Radio Need More Deregulation (Part 1)?

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All week long we'll be interviewing radio CEO's to get their thoughts on whether or not they believe ownership caps at The FCC need to be changed, eliminated or whether they are fine as they are now. The NAB is working with broadcasters to come up with a plan to present to The Commission next month. Our first interview is with Galaxy CEO Ed Levine.

Baisden, Cumulus Settle Suit

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It was back in 2014 when Cumulus sued host Michael Baisden, claiming they overpaid him by $1 million. Baisden's contract called for Cumulus to pay either $7.5 million or half of net program income for January 2012 to March 2013. The company said it paid $1 million as an advance and skipped 15 monthly installments by paying another $7.25 million, mistakenly not subtracting the advance. A filing with the bankruptcy court states this dispute is now settled.

iHeart To Report $1.37 Billion In Q1 Revenue

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A short 10Q filing with The SEC states that iHeartMedia expects to report consolidated revenue of approximately $1.37 billion for the first quarter of 2018. That's up from $1.329 billion in the first quarter of 2017. Here's the company explanation for the increase...

Big Bad Storms Are Good to Radio

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We've heard it over and over again....when Mother Nature goes into beast mode, radio is right there to make sure the locals are safe and sound from her wrath. Nielsen has come out with some new data to support that theory.

New Digs For WDRV Chicago

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When it's time to move, most radio stations simply unhook the mic, load up the moving van, lock up the old building and move on down the road. Not the folks at WDRV in Chicago. PD Rob Cressman tells Radio Ink when the time came to move the Chicago Classic Rocker, his team did it in a very creative way.

Hispanic Radio Podcast: New Heights Through Music

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How are Hispanics consuming music? Radio plays a big role — even as Latinos overindex on the use of streaming audio. In this Hispanic Radio Podcast, Nielsen VP Stacie deArmas discusses what's driving the Latin music lover in this engaging conversation with RBR+TVBR Editor-in-Chief Adam R Jacobson.

Beasley Detroit Steps Up At “Wigs 4 Kids”

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Beasley’s Detroit cluster, including 105.1 The Bounce, WRIF-FM, and WCSX-FM, recently volunteered at the Wigs 4 Kids event at the 2018 Michigan International Women’s Show. The program helps children, three through 18, experiencing hair loss as a result of illness or treatment.

Cumulus Reports Flat Q1 Revenue

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As the Cumulus bankruptcy case winds its way through its final stages, the company reported revenue for the first quarter of 2018. Net revenue was $263.7 million, down 0.1% from Q1 2017. Net revenue from Cumulus radio stations was $168.2 million, a decline of 3.1% from $173.6 million in 2017. Westwood One revenue was $94.8 million, an increase of 5.5% over 2017.

Feds Seize Manhattan Pirate’s Equipment

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The crackdown on pirate radio stations continues. FCC agents, in coordination with the U.S. Attorney’s Office for the Southern District of New York and the U.S. Marshals Service, seized radio equipment from Rumba FM, operating illegally at 95.3 in Manhattan.

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