Headlines

Alpha Media's KZEN held a Children’s Miracle Network Radiothon and raised $15,887. Market Manager, Lisa Cherry said, “Behind every dark cloud is a ray of sunshine. The volunteers here at Alpha Media, Columbus, did their best to spread hope and sunshine to those needing it at the Children’s Hospital in Omaha.”

Lon Helton, KKBQ in Houston, WUBE in Cincinnati, and KTTS in Springfield are among the winners that will be recognized at “The 50th Annual CMA Awards,” on November 2nd in Nashville. Here's the complete list of who won.

CEO Jeff Smulyan has offered Emmis shareholders $4.10 per share in his third attempt to take the company private. He's now given the committee the company has put together to consider that offer a third extension, until this Friday. Last week during Emmis' quarterly earnings Smulyan said the discussions have been productive and they are making "good progress."

The Country music superstar from Australia told The Boot how much it still means to him to hear his music being played on the radio. “The first time I got to hear myself on the radio here was mind-blowing. It still feels surreal, after this many years, getting to hear my music on the radio. The fact that it’s happened 20 times is, I never imagined that would happen, nor could it.” Urban has had 20 number one songs since 2000.

(By Bob McCurdy) Our digital offerings are becoming increasingly sophisticated, and the more effective we are in communicating the immense synergy that exists between on-air and online, the more prosperous our, and our clients', future will be. What follows recaps various research findings that highlight this synergy.

(By Ronald Robinson) Radio is rife with mind-reading amateur efforts in the spots and in on-air deliveries. They must figure they’re pretty good at it, too, as they keep on doing it.

CBS Radio has priced senior notes and a term loan as part of the $1.46 billion in debt it expects in connection with its spinoff from CBS Corp: It will offer $400 million in aggregate principal amount of 7.25 percent senior unsecured notes due 2024. Additionally, CBS Radio has set pricing for a $1.06 billion senior secured term loan B facility maturing in 2023 at an interest rate of LIBOR plus 3.5%, with a LIBOR floor of 1 percent. CBS expects that "substantially all" of the proceeds will be distributed to CBS itself, while the rest goes to CBS Radio for "general corporate purposes and ongoing cash needs."

The radio industry has pretty much come to the realization that 100% ownership of the automobile dashboard is ancient history. The challenge has turned to how radio competes with everything coming available to the consumer on that all-important real estate. And just when you thought you were getting a grip on who the competition was for the dash, OnStar decides to get into the battle.

Emmis reported earnings for June, July, and August, and while the markets Emmis operates in were up 1%, according to Miller-Kaplan, Emmis was down 3.8% (from $47.6 million to $46.0 million). So what happened?

Emmis took in $300,000 in political revenue for the quarter and that was also disappointing to Emmis CEO Jeff Smulyan. "We didn't expect radio to be the primary medium, but all of us keep saying we hope it ramps up."