2018 Was A Big Year For Broadcast M&A
That's according to new data released by Kagan. M&A volume reached $4.31 billion in the fourth quarter of 2018, most of it coming on the TV side. Radio deals accounted for $198.7 million, TV $4.11 billion in Q4.
Is Radio Measurement About To Be Revolutionized?
Drive Time Metrics has been issued a patent which relates to the collection, measurement and analysis of in-vehicle media usage data. Company Director and Product Manager Rob Favre said, "The radio industry will now have measurement at scale allowing more accuracy and deeper insights."
Alpha Cluster Feeds A Thousand Families
Alpha Media, Austin-Albert Lea, MN, have raised over $24,000 for the Salvation Army with their Feed a Family event. They were they able to feed 975 families, and with the community’s generosity, a voucher system was put in place that will continue to stock the food shelves well into the new year.
Pats Stay Put At WBZ
The New England Patriots have announced a multi-year broadcast extension with Beasley’s WBZ-FM/98.5 The Sports Hub. Since its inception in 2009, the station has been the official radio flagship station of the Patriots.
WBAL Shuffles Lineup
Hearst-owned WBAL NewsRadio in Baltimore has moved weekend talker Yuripzy Morgan to its weekday lineup from 1 to 3 p.m. The Brett Hollander Show moves to 3 to 6 p.m. The station used to be all be all-news in afternoon drive.
NAB’s Crystal Awards Open For Entries
The National Association of Broadcasters is accepting entries for the NAB Crystal Radio Awards, honoring outstanding community service. Submissions must be received by January 31.
The Evolution Of Townsquare
The changes began back in October of 2017 when Steven Price stepped aside as CEO and Bill Wilson and Dhruv Prassad (pictured here) were appointed co-CEO's. On Wednesday Prassad announced he was leaving the company he co-founded with Price.
iHeart Reports November Revenue
The company filed its monthly operating report with the bankruptcy court this week reporting $343.7 million in revenue for the month of November. That's slightly down from October ($349,402) and up from September ($329,466).
Starks, Carr Confirmed By Senate
On Wednesday the United States Senate finally confirmed Geoffrey Starks as an FCC Commissioner and Commissioner Brendan Carr for a full term. The Commission will now have all five members as it gets ready to close for business, today at noon.
WBZ’s Joe Stapleton Dead At 55
In a story posted to the WBZ News Radio website, the station confirmed that veteran traffic reporter Joe Stapleton died suddenly New Year’s Day.
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