Zenith Revises Ad Spending Forecast
And that new prediction is up, based on stronger-than-expected growth in the U.S. The new Zenith forecast for U.S. adspend is 4.4% this year, compared to its previous forecast of 3.8%.
FoxFur Negotiates Fine Down To $16,000
The original FCC fine against FoxFur was $20,000, and it was due to violating the FCC's ownership limit in Syracuse.
Management Change In Chicago For Hubbard
On August 8, 2014, Hubbard brought John Gallagher in to run the company's Chicago cluster. On Monday he was let go. Hubbard Radio President/COO Drew Horowitz told Radio Ink, "We felt we needed to go in a different leadership direction."
A New Top Three From Media Monitors
The 7th-, 8th-, and 9th-place advertisers on the Media Monitors list two weeks ago, became the 1st-, 2nd-, and 3rd-biggest advertisers on radio last week.
Weeklong Fundraiser Underway In Chicago
Hubbard's WTMX-FM in Chicago is celebrating its 17th year of raising money for the children and families at Ann & Robert H. Lurie Children’s Hospital of Chicago. The station raises money for the hospital all week during a radiothon.
Bruno Mars To Headline CBS Radio’s “We Can Survive”
It's the fourth annual We Can Survive concert in honor of National Breast Cancer Awareness Month for CBS Radio. The event will be held Saturday, Oct. 22, at the Hollywood Bowl in Los Angeles. The artist lineup includes Bruno Mars, Ariana Grande, Charlie Puth, G-Eazy, Meghan Trainor, OneRepublic, and Pitbull.
US99 Concert To Honor Vets
CBS Radio-owned US99 in Chicago will present the second annual Stars and Strings, an acoustic concert celebrating our nation’s military heroes and their families. Jason Aldean will headline the show.
New Streaming Services To Debut Soon
The New York Times is reporting that both Amazon and Pandora will introduce their new $5.00 per month streaming plans perhaps as early as this week
Broadcasters To Address Opioid Epidemic
On Tuesday, the National Association of Broadcasters and the Partnership for Drug-Free Kids will hold a press conference to announce a national campaign to address the opioid epidemic in the United States.
Cumulus Preparing For Reverse Stock Split
Cumulus executives have hinted that a reverse stock split was a possibility and now they are taking the steps to make an 8-for-1 reverse stock split happen. A shareholder meeting is being set up to vote on approving the reverse stock split and the SEC has been notified with this filing
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