Urban: It’s Still Surreal Hearing My Music on Radio
The Country music superstar from Australia told The Boot how much it still means to him to hear his music being played on the radio. “The first time I got to hear myself on the radio here was mind-blowing. It still feels surreal, after this many years, getting to hear my music on the radio. The fact that it’s happened 20 times is, I never imagined that would happen, nor could it.” Urban has had 20 number one songs since 2000.
The Future of Radio Is Synergy
(By Bob McCurdy) Our digital offerings are becoming increasingly sophisticated, and the more effective we are in communicating the immense synergy that exists between on-air and online, the more prosperous our, and our clients', future will be. What follows recaps various research findings that highlight this synergy.
The Influence Peddlers
(By Ronald Robinson) Radio is rife with mind-reading amateur efforts in the spots and in on-air deliveries. They must figure they’re pretty good at it, too, as they keep on doing it.
CBS Radio Prices $1 Billion-Plus In Spinoff Financing
CBS Radio has priced senior notes and a term loan as part of the $1.46 billion in debt it expects in connection with its spinoff from CBS Corp: It will offer $400 million in aggregate principal amount of 7.25 percent senior unsecured notes due 2024. Additionally, CBS Radio has set pricing for a $1.06 billion senior secured term loan B facility maturing in 2023 at an interest rate of LIBOR plus 3.5%, with a LIBOR floor of 1 percent. CBS expects that "substantially all" of the proceeds will be distributed to CBS itself, while the rest goes to CBS Radio for "general corporate purposes and ongoing cash needs."
The DASH Is About To Get Even More Crowded
The radio industry has pretty much come to the realization that 100% ownership of the automobile dashboard is ancient history. The challenge has turned to how radio competes with everything coming available to the consumer on that all-important real estate. And just when you thought you were getting a grip on who the competition was for the dash, OnStar decides to get into the battle.
Smulyan: Our Second Quarter Was Disappointing
Emmis reported earnings for June, July, and August, and while the markets Emmis operates in were up 1%, according to Miller-Kaplan, Emmis was down 3.8% (from $47.6 million to $46.0 million). So what happened?
Political Revenue Also Disappoints Smulyan
Emmis took in $300,000 in political revenue for the quarter and that was also disappointing to Emmis CEO Jeff Smulyan. "We didn't expect radio to be the primary medium, but all of us keep saying we hope it ramps up."
$10,000 Fine For New York Pirate
The FCC has imposed a penalty of $10,000 against Jose Gerez for operating a pirate radio station at 95.1 in Queens, New York. The Commission had already warned Gerez about his illegal operation.
RAB Launches Podcast Series…About Radio
The series is called Radio on Main Street, and in episode number one RAB President and CEO Erica Farber interviews Hartley Adkins, iHeartMedia's President of the North East Division and Corporate Operations.
Westwood Brings In Outsider For New Position
Westwood One has hired Mark Wildman as SVP for Strategic Partnerships. In this newly created position, Wildman will be responsible for leveraging Westwood One’s portfolio of products, including content, digital audio, and experiential opportunities















