Radio Ink Editor Ed Ryan spoke to both iBiquity CEO Bob Struble and DTS CEO Jon Kirchner about the $172 million deal that puts HD Radio under the the DTS umbrella. When the deal closes, the iBiquity name goes away and the HD Radio brand moves over to DTS under Struble's leadership. What does this mean to radio managers, radio stations, and consumers? LISTEN HERE.
DTS is a public company so investors and analysts were given more detail on the iBiquity purchase. They were told iBiquity was generating $40 to $50 Million in revenue per year with 30-36% operating margins. The presentation to investors, which you can see HERE, states that 2,300 radio stations provide content in HD, there is 35% market penetration and 72% of consumers want HD Radio receivers in their next car.
In 2005 when Hurricane Katrina was bearing down on the city of New Orleans, Ken Beck (LEFT) was working for Entercom and Gabe Hobbs for Clear Channel. They both held the same position for their respective companies, VP of News, Talk and Sports Programming. They were friends back then and they remain friends today. READ ON
Cumulus' Pierre Bouvard is at it again. Peppering the industry with data that sellers and managers can push out to the people they're putting on the air every day, or hoping to get on the air in the future. His latest blog is called "10 Slides Every Advertiser Should See," and Bouvard says several trends have been developing over the past few months and these three trends have emerged. What are they? Let's see what he says...
You've heard so much chatter about Programmatic and how it's going to change our industry. Now it's time you know everything you need to know about how Programmatic can help your radio station run more efficiently, and generate new revenue. Radio Ink is hosting a free webinar with Marketron CEO Jeff Haley called "Programmatic Buying For Sales Managers," Thursday, September 24, at 1 p.m. Eastern. The Digital Place Based Advertising Association recently did a survey of 310 media planners. Eighty-eight percent said they are already buying ads programmatically for all of their brands. Programmatic buying is here. Be a sales team that's ready! Register today. Space is limited.
The date Dan The Dan Le Batard show will move to the earlier slot has been set for September 8. The show will now be heard on the network from 10 a.m. to 1 p.m. ET taking the spot previously occupied by Colin Cowherd. His one-hour local show in Miami will now be broadcast from 9-10 a.m. ESPN senior vice president, production business divisions, Traug Keller said, “Dan and Stugotz have cultivated a passionate following who expect cutting-edge and entertaining sports talk radio. They will not be disappointed with the time change and a new audience will now have the opportunity to experience this unique blend of make-you-think commentary and humor.”
(By Buzz Knight) Many of you did not know Chris "Cage" Caggiano, so he did not have an impact on your broadcasting career. He had a major impact on my career and that of many others. Chris died this past week and even though as the churn of life rapidly separates many of us from our roots, the industry needs to know of his legacy. As a student at the University of Dayton who absorbed broadcasting as a craft, even if you didn't know or work with Chris you knew of his legendary chops and his passion for his craft. READ ON .
He's known for saying some outlandish things and being suspended for them. And, if it wasn't for social media, Minihane may have gotten away with this one, being that most Boston fans probably believe this entire deflategate story is a Tom Brady witch hunt. However, the WEEI Boston Sports Talk host was feeling the Twitter backlash Wednesday when he suggested (on a TV show) that NFL Commissioner Roger Goodell should be murdered. READ ON.
CBS Sports radio is out, Conservative talk is in. A Beasley press release from Charlotte states: "For several years, listeners have witnessed WBCN 1660 AM’s formats evolve, from all-news talk to an all-sports format. Now, this station is proud to reinstate their conservative news talk format, under the new moniker "AMERICA’S PULSE 1660 AM." WBCN-AM was part of the Beasley swap with CBS. Sports will continue to broadcast overnights and weekends. Here's the full lineup starting Monday...
General Managers and Market Managers have a lot of responsibility at radio stations across America these days. In addition to high revenue expectations, there's the constant challenge of selling radio in a world shifting to digital, managing multiple staffs and stations, finding and keeping good salespeople, and keeping their stations strong in the community. Those that execute those tasks do it flawlessly and make it look easy. They are the best in the industry and it's time to recognize them. Radio Ink is now accepting nominations for the 2015 Best Radio Managers in America. MAKE YOUR NOMINATION HERE. YOUR DEADLINE IS TOMORROW.
Salem Radio Network will provide exclusive radio coverage for the September 16 presidential debate in its partnership with CNN. All 31 of Salem Media Group's News Talk stations will carry the debate, as well as pre- and post-debate coverage hosted by SRN's Hugh Hewitt and Guy Benson of Townhall.com. SRN is also making the debate available in non-Salem markets. SRN coverage will begin at 5 p.m. ET, with the pre-debate special, and end at Midnight ET with its post-debate special.
iHeartMedia's AM 1300 "The Zone" in Austin is the new flagship station of Texas State University football and basketball games for the next two seasons, it was announced Tuesday. The Zone will also carry the pregame and postgame shows, Texas State's Football Coaches Radio Show, and the Texas State Bobcat Minute updates Monday-Friday.
Alpha's $38.25 million purchase of Morris Communications' 36 stations has closed. The Morris stations are located in Topeka and Salina, KS, Amarillo, Palm Springs, Anchorage, Wasilla, AK, Grays Harbor-Hoquiam, WA, and Wenatchee-Columbia River, WA. Alpha Chairman Larry Wilson said, "I have enjoyed getting to know Mr. Morris and am thrilled to be adding stations that have been in the hands of such a successful and influential team. We look forward to expanding our Alpha family." When all pending deals are completed, it will bring the total number of stations owned by Alpha Media to 252. The purchase was announced in May and George Reed of Media Services Group was the broker for Alpha.
Saga's board of directors has declared a quarterly cash dividend of $0.20 per share for its Class A and Class B shares. The dividend will be paid on October 2, 2015 to shareholders of record on September 14, 2015.
Greater Media Detroit's 94.7 WCSX-FM is hosting an online charity auction through September 4 to benefit the family of Michigan State Trooper Chad Wolf, who tragically died while on duty. Auction items include a guitar personalized by Detroit rock legend Bob Seger, guitars autographed by Eddie Money, Credence Clearwater Revisted, and Burton Cummings of the Guess Who, signed Detroit Pistons merchandise and more. All proceeds raised by the auction will be donated to the Wolf family's GoFundMe account to assist them during this difficult time.
Doug James will manage Radio One's Charlotte cluster immediately, replacing Til Levesque. The Radio One Charlotte group includes WOSF 105.3FM Old School, Urban AC, WPZS Praise Charlotte, Inspiration and the new WQNC The Block, Hip Hop and R&B. James returns to Radio One, where he once served as a D.O.S. He's climbed through the radio ranks from an account executive in Louisville with Clear Channel to VP of Sales at Main Line. He was also D.O.S. in New York for both YMF Media, and most recently Emmis Radio.
Peter Schwartz has been named Senior VP/Market Manager and Director of Sales for CBS' San Diego cluster (Top 40 KEGY-FM and AC KYXY-FM). Schwartz was Regional Sales Manager and Senior AE for select automotive sales accounts at Pandora. Schwartz previously worked for CBS Radio San Diego as GSM and later as Market Manager. Schwartz also worked for Cumulus San Francisco as Vice President of Sales. He replaces Bob Bollinger who left in last month.
Cox Media Group has named Michelle Harper as its new VP of Sales where she will oversee sales for all CMG newspaper, radio, and TV brands. Harper moves to the corporate office from her GSM role at WSOC-TV in Charlotte. She takes over for Paul Curran, who was named VP and GM for Orlando's WFTV earlier this summer
WBGL is a non-com heard in several Illinois cities, St. Louis, and Terre Haute. Formerly the morning show at KKXX/KYIX in Chico, Randy and Monica Zachary will take over afternoons at WBGL. They've also worked at KAMB in Fresno.
Wednesday night, Coast to Coast AM fan Dean Hazen was treated to a special evening with syndicated host George Noory. Hazen, an avid listener of the overnight program, bid $3,700 at KFI-AM 640's annual benefit for the American Red Cross to have dinner with Noory. Noory (left) is pictured here with Hazen at Morton's The Steakhouse in Burbank.
It's going to be a tumultuous 2016, and that's why we're so pleased to announce that Greater Media Chairman/CEO Peter Smyth and Sugarloaf Rock Capital Managing Partner Drew Marcus will be serving as co-chairs of Forecast 2016, set for November 20, 2015 in New York City. As Radio Ink Publisher Eric Rhoads says, "With so many critical business and financial issues continuing to face the radio industry, we are extremely pleased to have Peter Smyth and Drew Marcus provide their guidance to this year's Forecast."
The awards are named after Detroit's own Bill Burton - the guy who tirelessly worked to promote the benefits of advertising on the radio to the automotive industry and whose famous mantra was "Be Fabulous." Bill passed away this past December. The "Be Fabulous" awards are a tribute to his incredible impact. HERE ARE THE DETAILS.
Radio Ink's third annual DASH conference in Detroit, held in conjunction with Jacobs Media, will take place November 4 and 5 at the Westin Detroit Metropolitan Airport. If you were on the fence about attending, now's the time to jump off. Here's A LOOK at this year's agenda. The battle for audio space in the DASH continues to be one of the biggest issues facing broadcasters. This is a must-attend conference if you consider yourself a cutting-edge broadcaster.