Who Else Might Be A Scripps Buyer?
In all likelihood, the 34 Scripps stations will be sold off in many pieces. Speaking to brokers and financial experts on Thursday, all were in agreement that it's unlikely there's a single buyer that will want the seven Scripps markets as a package. So, if not one buyer, how many, and who? Let's take a closer look.
RAB Launches Cool New Feature
The new product is called GoCart. It's a mobile e-commerce tool designed to help radio stations convert trade from local advertisers into new revenue. Stations, for example, could load a $10 coupon for a local restaurant they received on trade and sell it directly to the listener. The RAB is making it very easy for stations to incorporate the product, especially on mobile devices. For a demo of the product from the RAB's Dave Casper GO HERE.
It’s Official. NASDAQ Drops Cumulus
The company, which is winding its way through bankruptcy, will be officially delisted from the NASDAQ on February 5. The NASDAQ staff made its final determination on January 4. Cumulus was first notified it would be delisted on September 1, 2017.
Broadcasters Help Battle Opioid Problem
According to the NAB, radio and TV stations have donated more than $32 million in airtime for PSA's focused on opioid abuse awareness and prevention..
Galante, Buchanan Added To Pre-CRS Seminar
Country radio specialists Mike O’Malley and Becky Brenner have added industry leaders Joe Galante (pictured) and Steve Buchanan to their 24th annual Pre-CRS seminar, taking place Monday, February 5, at the Music City Center, Downtown Nashville, from 10:00 a.m.-1:30 p.m.
Fresh Talk In Atlanta
WYAY.FM 106.7 is now “The New Talk 106.7, Where Atlanta Comes to Talk.” The new weekday lineup includes The Shannon Burke Show, 9 a.m.-12 Noon; The Kimmer Show, 12 Noon-3 p.m.; and The Brian Joyce Show, 3 p.m.-6 p.m. The station plans to announce a new morning show soon.
The Music Modernization Act: New Skin for an Old Idea
(by Gregg Skall) Senators Orrin Hatch and Lamar Alexander announced on Wednesday a new bill they claim is the “most significant change in music licensing laws in decades.” The Music Modernization Act is designed to assure songwriters a fair value for their songs. The big question is, if The Act is passed, will it cost radio stations more money?
What Senators Are Saying About Their Music Modernization Act
This will mainly affect the streaming world and it's similar to a bill the House introduced in December. The Music Modernization Act updates music licensing laws with a goal of making it easier for songwriters to get paid when their music is streamed or purchased online.
Huge Bill For Cumulus After Month One
It's not cheap to go through bankruptcy. Alvarez & Marsal has submitted its first monthly fee statement in Cumulus' bankruptcy case. The company is providing professional services to Cumulus according to a 103-page court document filed Wednesday. Here's exactly how much A&M is seeking after only 30 days.
University, Station Fight Over Money
A court has ruled that Pacific Lutheran University (PLU) cannot have about $120,000 several people left for KPLU when they died. You may recall that station was going to be sold to The University of Washington before The Friends of KPLU raised enough money to buy the station and keep it going. It is now KNKX.














