Another Big Quarter For SiriusXM
SiriusXM reported $1.3 billion in revenue in the second quarter of 2017, that's up 9% from Q2 of 2016. In addition net income of $202 million was up 16% from $175 million in the second quarter 2016. The company now has 32 million subscribers with the addition of 466,000 net new self-pay subscribers in the second quarter 2017.
SiriusXM Increases Guidance
Despite auto sales leveling off in 2017, SiriusXM is adding subscribers and generating record revenue. That good news pushed the company to increase its 2017 full-year guidance for self-pay net subscriber additions, revenue, and adjusted EBITDA. The company's complete full-year 2017 guidance is now: self-pay net subscriber additions of approximately 1.4 million, revenue of approximately $5.375 billion, adjusted EBITDA of approximately $2.05 billion, and free cash flow of approximately $1.5 billion.
Your Dream Job Awaits You
That's because 97.1 AMP Los Angeles morning man Carson Daly is calling it quits. He's a busy man and radio is the odd job out. Daly is also host of The Voice, co-anchor on the TODAY Show, and host of Last Call with Carson Daly. Something had to give. If you want to be considered for the job contact Chris Ebbott at [email protected]. Here's a statement from CBS on Daly's departure.
Scripps Chooses XAPP For Alexa
The E.W. Scripps Company's 34 radio stations will soon be available on Amazon Alexa-supported devices. XAPPMedia will provide the technology to enable the devices for the Scripps stations. Radio VP Steve Wexler said, “This is a big step forward for us. It’s important that we go where our audience goes, and this new partnership makes the Scripps radio stations easily accessible to our listeners across multiple platforms.”
Nielsen Revenue Up 3%
Nielsen reported second-quarter revenue of $1.6 billion on Thursday, up 3.0%, or 4.1% on a constant-currency basis, compared to the second quarter of 2016. Audio revenue, which includes radio, was flat for the quarter.
Classic Rockers Help “The River” Celebrate 11th Birthday
The Steve Miller Band and Peter Frampton were on hand for 97.1 The River's (WSRV-FM/Atlanta), big day “The River’s Rockin’ Birthday Bash” on Sunday, July 16 at Verizon Amphitheatre in Alpharetta. The venue was filled with nearly 6,000 fans and the event was a party from start to finish.
Now This Is Out-Of-The-Box NTR Revenue
In 2011 a devastating fire on Main Street in Hutchinson, Kansas destroyed the offices of Ad Astra per Aspera Broadcasting. The station had been in that location for 25 years. 18 hours later, the building was bulldozed, the debris gone. Six months later the station had rebuilt in a new location. GM Cliff Shank got to thinking about that empty downtown 3,750 square foot lot and that lead to a very unique NTR business for the company.
Salespeople: Don’t Believe Everything You Think
(By Paul Weyland) When it comes to sales, we can be our own worst enemies. Sometimes it’s like there is a little devil sitting on your shoulder telling you that you will fail, that you are wrong, trying to convince you that you have less value as a person. I’m referring to the constant voice inside your head, the one that fires off repeatedly during waking hours.
Are You Ready For EAS
If not, Broadcast Attorney David Oxenford is here for you. Oxenford has all the details you need to know about the test in his latest blog. The next nationwide test is September 27, but as Oxenford points out, August 28 is also an important date.
Two Florida Pirates Get Snagged
It's a $15,000 fine for Wilner Lundi for operating an unlicensed station on 91.5 and 104.7 MHz in Lake Worth, Florida. The Commission says Lundi operated unauthorized stations three times in 2015. Vilnord Simon also gets nailed with a $15,000 penalty for his pirate station at 103.1 in North Miami. Simon was also caught three times in 2015 and 2016. Read more about the Lundi fine HERE and the Simon fine HERE.















