FCC Refuses To Be Bullied By Court
On Thursday, The FCC filed a petition in the U.S. Court of Appeals for the Third Circuit seeking a review of its recent decision vacating the FCC’s modernized media ownership rules. The FCC has been battling with this court for 15 years.
NAB Also Objects
In a 29-page petition the NAB says the 3rd Circuit Court's decision to again reject ownership rule changes prevents The FCC from following the rules mandated by Congress and will distort every future quadrennial review of those rules.
We Want To Know What You Think
Was the court correct to reject the FCC's attempt to modernize its ownership rules? Or, do you believe the court was out of bounds and the FCC should be allowed to make those changes? Take part in our poll on Facebook HERE. Results will be shared in our Monday headlines.
iHeart’s Plan To Go After Google And Facebook Revenue
iHeartMedia hopes a new product they've developed, that's now in Beta, will bring many smaller businesses now using Google and Facebook, over to radio. Here are the details.
iHeart Q3 Jumps 3%
Excluding political, iHeart's Q3 revenue would have been up nearly 5%. Behind a strong quarter from the its podcasting division iHeartMedia's digital revenue grew 33.4%. The network division (Premiere and Total Traffic) also had a positive quarter.
Urban One Radio Division Up Nicely
On a same-station basis, Urban One's radio revenue increased 4.2% in Q3, 5.5% excluding political. CEO Alfred Liggins said he was "pretty happy with the radio division's performance."
Christian Not Happy With Saga’s Q3 Results
With same-station revenue decreasing $1.4 million to $30.3 million compared to a year earlier, Saga CEO Ed Christian said the third quarter was unsatisfactory and he was not pleased.
Beasley Q3 Revenue Flat
With total revenue of $66.1 million in the third quarter, Beasley Media's same-station revenue was down $43,000. CEO Caroline Beasley said digital was up 37% in Q3 and now makes up 7.4% of the company's overall revenue.
Nielsen To Become Two Companies
Nielsen is spinning off its Global Connect business and creating two independent, publicly traded companies—the Global Media business and the Global Connect business. The Global Media business will be the company that includes radio measurement.
Ty Bentil Show Seeking 100K Thank You’s
The Ty Bentli Show has begun its annual quest for “100,000 Thank You's” for deployed members of the U.S. armed services, with the help of listeners and country music’s Dierks Bentley.
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