Headlines

On Wednesday, the CBS Corporation announced that, as part of its plan to spin off its radio business, CBS Radio plans to offer $460 million of senior unsecured notes and to enter into a $1 billion senior secured term loan.

Advertising Age reports that chief marketing officers are sick of publishers making far-out claims about how great their ads perform. Those are the words of Nielsen's Chief Operating Officer Steve Hasker.

Northern Broadcast is selling its Northern Michigan stations to Blarney Stone Broadcasting. The deal includes seven stations, one FM translator, and several towers. No price has been released as of yet. Here are the details...

A lot was made of this Wall Street Journal article that stated Proctor & Gamble was cutting back on its Facebook advertising because the ads were too targeted and had limited effectiveness. It was even brought up several times during the Radio Show in Nashville last week.

Phil Zachary started his radio career on the air at WAAF in Boston. His 40-year journey in radio included positions as Program Director, Sales Manager, National Sales Manager, and GM/Market Manager. He took over the Entercom New England cluster in October 2013. And, according to one employee we spoke to, Zachary has led the group to become one of the most desired clusters to work for in New England. Ratings are up across the brands, and revenue continues to climb. Phil Zachary will appear on Radio Ink's Best Manager's in Radio list set to be released on October 24. Let's find out how and why he's been so successful.

Just days after one of the most contentious elections in history, Radio Ink presents radio host and best-selling author Sean Hannity as Forecast 2017 keynote speaker. Forecast is the only financial conference for the radio industry and could be the most important for you to attend as we head into 2017.

In another attempt to deal with its debt, iHeart is asking senior debtholders to allow the company the flexibility to increase its debt - in the future if it chooses to - by $500 million to $17.3 billion. If the noteholders agree to the increase, they will receive $8.6 million in return. Read the details in an 8K filing iHeart made Tuesday.

That's according to the latest holiday sales forecast from eMarketer. The research firm says total retail sales will increase 3.3% to $884.50 billion and holiday retail e-commerce sales will jump to $94.71 billion.

They were a mainstay on morning radio at WRIF-FM in Detroit for 10 years, but like all hosts, eventually things come to an end. Luckily, these days there's an easy, if not inexpensive way, to stay connected to your listeners and deliver your content.

Radio imaging company Benztown is gearing up to release its third annual List of 50 Biggest Imaging Voices. The list is based on number of radio station affiliates, station size and market. Voice talent can apply for the Benztown 50 from now through October 21, at www.benztown.com/50.