NextRadio Launches App For iPhone

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It's not quite what the folks at NextRadio want from Apple but it's probably the next best thing. NextRadio has launched a free app for iPhone users, but this one will use data because it utilizes streaming as a way to allow listeners to tune into local radio. Until Apple decides to unlock the FM Chip in all of its phones, streaming will have to be the way of the world for iPhone users.

Congratulations to Rush Limbaugh

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Radio's number one talk show host concluded his 29th year on the air Tuesday with an anniversary cake from his staff, classic clips from years past, and listeners who called in who've been with him from the very beginning. Limbaugh consistently tells his audience radio is all he ever wanted to do. He actually started his broadcast career in August of 1968, 50 years ago. His syndicated program is now heading into year 30.

USRN Adds Some SPARK

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United Stations Radio Networks, Inc., announced Tuesday the official introduction of a new prep service for radio stations called SPARK. At the core of the service is a daily feed of call-in comments from listeners intended to “spark” further audience engagement. SPARK is a complete prep service with a focus on listener audio that will spark audience engagement.

Care-A-Thon Raises Over $1,750,000

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Once again, radio has shone in its charitable work. This time it’s Cox's Atlanta station News 95.5 and AM750 WSB (WSB-AM/WSBB-FM) which hosted the 17th annual WSB Care-A-Thon. The incredible total raised was a new record for the event.

Despite Lower Rates, SESAC Claims Victory

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Even though SESAC acknowledges the money it will receive from radio will be less than it was before the arbitration, the PRO is still claiming victory. The RMLC says the information SESAC is spreading is misleading. Here's why.

RMLC: Arbitrators Reduce SESAC Fees

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The Radio Music License Committee says, following an arbitration proceeding, all RMLC-represented stations were awarded a more-than-60% discount off the SESAC radio station license rate card. The fee reduction applies for the license period January 1, 2016 through December 31, 2018. The RMLC says radio stations will receive a combined credit worth tens of millions of dollars.

Beasley Pro-Forma Revenue Drops 3.3%

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Overall, Beasley reported Q2 revenue of $61 million, up from $27.8 million a year ago. However, that increase includes the addition of the Greater Media stations which Beasley did not have a year ago. On a pro-forma basis, net revenue was down 3.3%. CEO Caroline Beasley said the decline was due to less political spending, a decline in national revenue, and specific integration-related issues.

Why Callahan Disagrees With Radio Ink’s Chairman

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Thom Callahan is the President of the Southern California Broadcasters Association. Callahan did not agree with the recently published column by Radio Ink Chairman Eric Rhoads called "Radio Without Madison Avenue." In the piece, Rhoads stated that Madison Avenue advertisers are mostly not enamored of radio. Here's Callahan's response...

Pandora Q2 Ad Revenue Jumps 5%

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For the second quarter of 2017, Pandora's advertising revenue came in at $278.2 million with total revenue coming in at $376.8 million, a 10% increase over 2016. Total paid subscribers increased from 3.93 million in Q2 2016 to 4.86 million in Q2 2017, an increase of 24%. Listener hours were down in the quarter. Here are those details...

Pandora Still Losing Millions

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The company reported it lost $275.1 million compared to a net loss of $76.3 million in the same quarter last year. That number includes a goodwill impairment charge to reflect a one-time write-down related to the net assets of Ticketfly and other one-time expenses related to a financing transaction. Adjusted EBITDA was a loss of $54.3 million, compared to a loss of $25.1 million in the same quarter last year.

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