Gathering Of The Clan-Part II
(By Ronald Robinson) As the virtual meeting of “the twelve” continued and the participants got on a roll, more pronouncements and/or recommendations were provided. Among these were the following...
iHeart Goes Alt In Austin ALT 97.5
Alternative Music can now be heard on 97.5 in Austin thanks to a flip made Friday by iHeart. Replacing Pride Radio will be artists like The Foo Fighters, Imagine Dragons, Weezer and 5,000 songs in a row. Pride Radio can now be heard on 102.3 HD2. ALT 97.5 will also carry The Woody Show in morning drive.
Beasley Gets In The MIX In Wilmington
Beasley Media Group has announced the launch of The New MIX 99.5 WJBR-FM in Wilmington, Delaware. Playing “one great song after another,” the station’s new line-up will include the launch of Michael and Jessie In The Morning.
Does David Field Make A Play For Scripps’ Milwaukee Stations?
It's the largest of the seven markets in the Scripps radio portfolio (#38) up for sale, and it could lure David Field back to the buying table. The Entercom CEO has said he plans to continue to grow the company wherever it makes sense, Entercom has the capability to buy more, and Milwaukee is already in that market and not maxed out.
How Much Might Scripps Get For 34 Radio Stations?
Wells Fargo analyst Marci Ryvicker believes the 34 Scripps radio stations could bring the company between $46 and $61 million. She also says it's a tough call because the stations, inherited from Journal Communications back in 2015, have been underperforming "for quite some time." Here's what else Ryvicker says about the stations...
Why Scripps Is Selling Its 34 Radio Stations
The E.W. Scripps Company announced on Thursday is has retained Kalil & Company to find buyers for its 34 radio stations in a company restructuring. Back in 2014, Scripps merged with Journal Communications, picking up Journal's 35 radio stations and spinning off its newspaper business.
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..















