(Ronald Robinson) “Sales” constitutes the first, and sometimes the only, priority. Based on the overwhelming evidence of what radio has been producing in the areas of on-air presentations and commercial content, I am satisfied most radio-folk have little perspective on these extraordinary matters of consequence. “More sales” is the salvation. End of chat.
Alpha Media station in Mason City, IA (KGLO and KRIB) won 11 awards in the Small Market Division of the 2015 Iowa Broadcast News Association contest. KGLO News Director, Bob Fisher, picked up nine awards, including four 1st Place awards. Fisher has received a total of 66 awards in the last 12 years,
Radio Ink is pleased to announce the co-chairs for Forecast 2017: Dan Mason, former president and CEO of CBS Radio and chairman of the Broadcasters Foundation of America, and Julie Talbott, president of Premiere Networks. Forecast 2017 will be held November 16, 2016 at the Harvard Club in New York.
Thursday morning, CEO Jim Meyer told investors, "We had a fantastic first quarter. It was a quarter to be proud of." SiriusXM reported record Q1 revenue of $1.2 billion, up 11% over Q1 2015.
With Q1 2016 revenue of $275 million (which excludes ticket sales), Pandora's revenue was up 19% over 2015. Advertising revenue increased 23% in the first quarter of 2016 to $220.3 million, compared to $178.7 million in 2015.
Revenue was up, listener hours were up, but the company is still struggling to make a profit. The $115 million loss in Q1 was compared to $48 million in Q1 of 2015. Content costs represented 58% of total revenue in Q1, an increase from the fourth quarter and year over year.
After abruptly taking over as CEO for Brian McAndrews in late March, Pandora founder Tim Westergren laid out his vision for the company he created 16 years ago. Westergren said he's returning to the helm at a very exciting time and admitted the company has had a rough couple of years.
It's the second year in a row the performing rights organization has topped the $1 billion mark in revenue. Domestic revenue was $716.8 million, up $61 million over 2014. Domestic distribution of that revenue was $573.5 million, up 6.2 percent over 2014. ASCAP, which is a non-profit, delivered $867.4 million in total royalty distributions to its 560,000 songwriter, composer, and music-publisher members in 2015.
Boston Red Sox baseball has been heard on WEEI since 1995 and it will continue until at least 2023. The deal was announced Thursday between the Red Sox and Entercom's sports station in Boston, WEEI.
As outsider Donald Trump closes in on the Republican nomination for President of the United States, he's agreed to be a guest on The Savage Nation with Michael Savage. Trump will appear on the program Friday at approximately 4:30 p.m. The Savage Nation airs from 3 -6 p.m. ET.