Headlines

The Power News Radio Network kicks off its 2019 Black College Football coverage Thursday, August 29, with Black College Football Weekly. BCF Weekly is the longest-running network radio program covering Historically Black College and University (HBCU) Football.

On Wednesday we told you about a story Rolling Stone published regarding Payola. The magazine cited radio and record industry sources who claim the illegal act of paying DJ's money to air songs was still running rampant in radio. After we ran the story, we received an interesting phone call.

Back in May, Entercom CEO David Field sounded optimistic about business in the second quarter. He said the company was pacing in the low single digits. When he gave that assessment, April was already in the books and it finished strong.

Entercom has acquired Cadence13 and Pineapple Street Media. Entercom had a 45% stake in Cadence13 before buying the rest of the company. Nick Quah is reporting that Entercom will pay $18 million for Pineapple and another $50 million for the balance Cadence13.

The Mentoring & Inspiring Women in Radio Group and Nielsen are now accepting applications for the 3rd Annual MIW-Nielsen Music Mentoring Program. This year’s application window, which opened August 7, will close Wednesday, August 21.

Entercom has launched the RADIO.COM Sports Digital Network – an all-digital, daily, live, subscription-free sports network that will feature over 75 hours of original podcast content weekly. 

Two seasons and 26 episodes from some of the smartest minds in all of podcasting today. If you want to learn how to podcast, you come to the right place. Check out our roster of expert interviews.

Rolling Stone has published a very lengthy piece that will surely have radio managers thinking. The magazine quotes several radio and record label sources that claim, even today, money is still being paid illegally to get artists played on the radio. Here are a few excerpts from the article...

And the company continues to lead the way on the digital front. In Q2, Townsquare's net revenue increased 5.3%, to $113.1 million. Excluding political revenue, which declined approximately $800 thousand from 2018, net revenue increased 6.2%.

Saga's Q2 net revenue decreased $1.2 million to $31.1 million, from $32.2 million in 2018. Political played a role in the decrease. In 2018 Saga took in $510,000 in political revenue. In Q2 of 2019 political revenue was only $195,000.