iHeartMedia Q1 Revenue Increases 5.9%
CFO Rich Bressler says iHeartMedia's core radio business was up and the company continues to outperform the entire radio industry. A big part of the increase had to do with political advertising revenue. In Q1 this year, iHeartMedia wrote $11.5 million in political advertising business. One year ago, that number was only $2.6 million and the $11.5 million represents a 40% increase over 2012, the last Presidential election cycle.
CBS Radio Revenue Declines 2%
Radio was a bit of a drag on the local broadcasting division at CBS in what was otherwise a very successful quarter for the company. We never get much color from the company about radio, what we did get from the financials was a short mention that revenue decreased 2%.
Wiener Replaces Kucharz At CBS
Adam Wiener is the new Executive VP/GM for CBS Local Digital Media. Ezra Kucharz is leaving that position on May 6. Wiener joined CBS Local Digital Media in 2010. He served as Senior VP of Content, Community and Operations. He'll be responsible for overseeing the digital operations of CBS’s 29 television stations and 117 radio stations.
Liberman Sells KCOH-AM Houston For $1.8 Million
The buyer paying $1.8 million in cash is Pueblo de Galilea and this is the company's first radio property. Liberman was simulcasting one of it's Spanish-language FMs on KCOH (1230-AM). The format will most likely be flipped to brokered when the new company takes over. John Saunders was the exclusive broker on the deal.
(4-18-2016) John Tesh and Connie Sellecc
The John Tesh Radio Show has hit the road to super-serve affiliates and connect with local advertisers. This week, John Tesh, Intelligence For Your Life co-host Gib Gerard, and Teshmedia syndication "Pit Bull” Scotty Meyers embarked on a ten-station road show performing, meeting with station’s clients, and of course their listeners. Here’s Tesh & Gerard performing a promotional song/video, written especially for KURB/FM “B98.5” Little Rock
Envision Launches New Comedy Format
The new 24/7 comedy network is called "Today's Comedy Network," from Envision Networks. It delivers non-stop blocks of jokes and one-liners from top comedians. Each hour is programmed with more than 20 additional comics with new tracks being added to the rotation on a weekly basis.
New York Morning Host Helps Kids With Cancer To Smile
95.5 PLJ's Todd & Jayde In the Morning co-host Jayde Donovan's "Apple-A-Day" program benefits pediatric cancer patients by honoring the memory of her friend Brittany, who passed away from bone cancer five years ago. Every weekday in the month of May, Donovan will surprise another pediatric cancer patient with their very own iPad.
Seattle’s 107.7 Has Sweet Solution To Helping Homeless Youth
Seattle's 107.7 The End and Full Tilt Ice cream have partnered to create a new ice cream flavor, "The Chocolate To End All Chocolates," which will be available for the first time this Saturday, May 7, at The End’s Taco Truck Challenge in Volunteer Park on Capitol Hill.
Four Consecutive Quarters Of Growth For Entercom
That growth for Entercom came from local revenue, according to CEO David Field, and it was in the mid-single digits each quarter. And over the past 12 months, revenue was up 3% overall and 4% ex-political.
Political Inconsequential So Far
Entercom CEO David Field says he expects that to pick up as we get closer to the general election, which is no different than how it comes in during every political cycle. CFO Steve Fisher reported that Entercom took in $800,000 in political revenue during the first quarter, compared to $100,000 a year ago.














