Prometheus Wants to Stop The FM Translator Movement
The Prometheus Radio Project has petitioned the Federal Communications Commission to issue an emergency partial stay regarding the Commission's plan to make a change in the rules that, instead of limiting FM translators to the areas where their 1 mv/m contour does not extend beyond the lesser of the AM station’s 2 mv/m contour or a circle 25 miles from the AM station, the translator can operate in any area where its contour does not extend the 1 mv/m beyond the greater of the 2 mv/m contour or 25 mile circle.
$2.6 Billion Worth Of Radio Deals In Q1
That's according to the latest data from Kagan and due mostly to the Entercom/CBS merger which was announced in February. The Entercom/CBS Radio Reverse Morris Trust tax-free transaction is valued at $2.86 billion. Kagan says at a 7X forward seller’s multiple, the 29 AM and 88 FM stations account for $2.5 billion, making this the largest radio transaction since 2006.
Radio Gets The Hammer
Arm & Hammer comes from nowhere and enters the Media Monitors weekly chart at number five after airing 27,838 commercials on radio stations all across the country last week. The big question is will the company now become a consistent radio advertiser?
iHeart Shifts Format on Rocker in Sacramento
JACK-FM is no more in Sacramento as iHeart moves to Classic Rock with the launch 93.7 The River. In addition to artists such as Queen, Aerosmith, Journey and other rockers, The station will also feature longtime Sacramento personalities The Dog & Joe Show, Monica Lowe and Derek Moore.
Radio & Production Award Winners Announced
Radio And Production, a resource for radio’s producers, copywriters, and voiceover artists, has announced the winners of the 27th Annual Radio And Production Awards. Here are the first-place trophy winners...
FCC Takes Up Entercom/CBS Merger
The Commission is asking for public comments about the proposed merger between Entercom and CBS. Anyone interested in filing petitions to deny the deal have until May 1. Oppositions to petitions to deny must be filed no later than May 11. Replies must be filed no later than May 16. The FCC document also notes the need to divest stations in 7 markets so Entercom can stay under the FCC's ownership caps.
2016 Was a Big Year For Streaming
According to the latest annual report from the Record Industry Association of America, in 2016, for the first time ever, streaming music platforms generated the majority of the U.S. music industry’s revenues. Revenue grew 11.4% in 2016 to $7.7 billion.
RTDNA Wants To Protect First Amendment
The organization is launching a task force with that goal in mind. "The goals of the task force include not only reacting to threats to First Amendment Freedoms, but proactively supporting journalists and educating the public about the importance of a free press to our democracy." Members of the task force will be meeting with broadcasters at the NAB show in Las Vegas later this month.
NAB Sets Radio Board
Beth Neuhoff (pictured), Jeff Warshaw, Scott Herman among the newly elected. The National Association of Broadcasters announced the new two-year terms for the radio board, which begin in June. Here's a full listing of who will represent you.
Is Mike Greenberg About To Make $6.5 Million?
That's what Philly.com is reporting. That Greenberg was leaving to take on another morning job on the Television side was the worst kept secret in radio. The fact, that he'll be making $6.5 million is the new news. Mike and Mike have been together on the radio for nearly two decades.















