Headlines

More detail from the massive iHeart filing includes an analysis of why the company had to make the decision to file for bankruptcy. iHeart executives say it had to do with market conditions, the challenges the radio industry faced, and the 2008 financial crisis. They also mention that Cumulus had to do the same thing.

Radio is stepping up to take the snap for charity again. Entercom and the Philadelphia Eagles announced, Thursday, the launch of its annual “Eagles Radiothon.” The multi-day auction will offer fans the opportunity to bid on exclusive sports and entertainment experiences, with all proceeds benefitting the Eagles Charitable Foundation’s commitment to free, comprehensive vision care for underserved youth, and groundbreaking autism research and services.

On or about January 1, 2019 according to an updated filing with the bankruptcy court. The nearly 400 page document is the third amended joint Chapter 11 plan of reorganization of iHeart. It includes financial projections based on the assumption that the company will emerge with a lighter debt load to start 2019.

In partnership with the Public Radio Program Directors Association, Jacobs Media has released its Public Radio Techsurvey 2018. The study takes a look at how digital media impacts public radio and the media consumption behaviors of public radio listeners. Here are some of the highlights from the study...

And it all comes down to the young versus the old. NuVoodoo has released its 12th Ratings Prospects Study which shows some good news for radio, as well as some not-so-good news. NuVoodoo says the study was conducted this past June and involved over 3,000 radio listeners between the ages of 14 and 54. Here is what they uncovered...

(By Andrew Curran) The last 12 months have seen a variety of significant milestones in and around AM/FM radio. The magnitude of these changes, both individually and collectively, is difficult to fully quantify at the moment, but the significance will be felt for years to come.

LSU Sports Properties has announced a multi-year partnership with Skyview Networks’ for radio play-by-play broadcast services. LSU Sports will utilize Skyview Networks’ complete package of services, including satellite distribution, AdView Inventory Management, and Live Read Capture.

Border Media says it has received approval from the FCC for it’s foreign ownership petition and can now close on WRGR in Tupper Lake, NY from Radio Lake Placid.

Two more markets will have a new ratings provider this Fall. Eastlan Ratings begins service in Lafayette IN and LaSalle/Peru IL. Eastlan’s first customer in Lafayette is Neuhoff Media. Neuhoff has been an Eastlan subscriber for more than a decade. In LaSalle/Peru, Mendota Broadcasting is a first-time Eastlan user.

(By Lisa Thal) It continues to amaze me when I discover sales managers and account executives monitoring other radio stations and approaching clients with a focus on stealing their business, versus supporting the clients’ decision to advertise on radio and then providing a valid business reason to add their own station.