Headlines

The submission window has opened for the NAB’s 30th annual Crystal Radio Awards, honoring outstanding community service. Entry submissions must be received by January 31, and winners will be announced at the NAB Show Radio Luncheon, Tuesday, April 25 in Las Vegas.

On the heels of SNL/Kagan reporting the radio deal volume in 2016 was at its lowest in decades, we turned to a handful of experts who work the deals every day to find out what the reasons were and what we can expect moving forward. Here's what they had to say...

Her term expired in July of 2016 and her renomination for a second 5-year term never made it to a Congressional vote last year. On Wednesday, President Obama gave it another try by renominating Democrat Jessica Rosenworcel.

Pierre Bouvard is the Chief Insights Officer at Cumulus and Westwood One. In his latest blog post Bouvard cites a brand new study Westwood One commissioned Nielsen to conduct on a radio campaign run by an auto aftermarket retailer. And here's what the study turned up.

Entravision launches a new Hispanic format in Los Angeles. It's called La Suavecita, a regional Mexican, focused on Grupero and Cumbia music from the ’80s and ’90s. The station slogan in “Con Todas Tus Favoritas,” and will continue to air El Show de Piolín in morning drive, followed by Mayra Berenice in middays and the LM Show in afternoon drive. The station’s previous format, Super Estrella, will continue on a digital platform.

According to SNL Kagan Radio deal volume in 2016 totaled $522.6 million, which is the lowest year on record going back to 1982. In the fourth quarter of 2016 there were $96.2 million in radio deals done. October was the busiest month with 79% of the total transactions for the quarter taking place in that month. There were 11 deals above $1 million in October. And the biggest deal of the 4th quarter was...

Three-year deals for Salem's Executive VP and CFO Evan Masyr and President of Broadcast Media David Santrella. Masyr will be paid $410,550 in 2017, $418,800 in 2018, and $427,200 in 2019. Santrella will make $500,000 in 2017, $510,000 in 2018, and $520,200 in 2019. Both are also eligible for bonuses which would be decided by Salem's Compensation Committee.

Townsquare has signed a multi-year extension with Compass Media Networks for the advertising sales and affiliate marketing rights to weeknight shows Loudwire Nights, PopCrush Nights, Taste of Country Nights, and Ultimate Classic Rock. All the shows are produced by Townsquare.

This year marks Minnesota Public Radio’s half century of public service. Beginning as a college radio station at St. John's University, MPR has grown to a 45-station regional network. Here is what Minnesotans can expect for MPR’s 50th year...

Tirade Tool Kit is a new cross-format radio imaging toolkit from Tirade and Megatrax. The product includes thousands of workparts, including short-form FX and Hits, as well as fully produced stagers ranging in length from four to 13 seconds.