On Tuesday, the FCC posted this Public Notice regarding Pandora's planned purchase of Connoisseur's KXMZ-FM in South Dakota. The sticking point for this sale is Pandora's inability to prove foreign ownership is less than 25 percent. Pandora has told the FCC that it believes it complies with the rule, however due to SEC shareholder privacy regulations, it cannot be sure. Pandora is asking for a ruling that will allow foreign investors to hold up to a 49.99 percent voting interest and 100 percent equity interest in the company. To help us break this request down, we turned to Broadcast Attorney John Garziglia.
Another big revenue quarter from SiriusXM, CEO Jim Meyer called it outstanding, with revenue inching over the $1 billion mark and 475,000 new subscribers. The company reported adjusted net income increased 60 percent to $131 million in the second quarter of 2014 from $82 million in the second quarter of 2013. Adjusted EBITDA for the second quarter of 2014 reached a record $370 million, up 31 percent from $283 million in the second quarter of 2013.
The ESPN announcement was short and sweet and did not mention the word "suspension." However, Stephen A. Smith is off both radio and television until next Wednesday. Smith's opinion on the Ray Rice situation is what has him in hot water. He later apologized, calling what he said, "the most egregious mistake of my career." That wasn't enough to stem the tide against him and ESPN. The company offered up the folling brief statement on Tuesday. "ESPN announced today that Stephen A Smith will not appear on First Take or ESPN Radio for the next week. He will return to ESPN next Wednesday." You can watch what Smith said HERE.
Cumulus has awarded its President’s Cup to Cumulus’ eight-station group in Youngstown, OH, in recognition for the stations’ achieving best overall performance for the second quarter across all 90 Cumulus markets. Each quarter, the highest-performing Cumulus market is honored with the traveling President’s Cup trophy, along with a cash prize of $10,000 that is distributed across the stations’ staff.
As expected, Palm Beach Broadcasting's 97.9 WRMF is the new home for morning team Kevin Rolston, Virginia Sinicki, and Jason Pennington, it was announced today. The show has been on the air in West Palm for years before trying out the Miami market where they worked for less than one year for Cox. Thirty-year market vet Jennifer Ross who had been doing mornings on WRMF moves to Sunny 107.9 (WEAT) along with her cohosts Deena Lang and Bill Adams. Palm Beach Broadcasting is a division of Dean Goodman's Digity.
Bobby Bones wanted his band The Raging Idiots to play a show with Jason Aldean. Aldean said to Bones, if you raise $50,000 for the Susan G. Komen foundation, we'll do a show together. As of Tuesday morning, The Bobby Bones Show needed to $15,000. Bones announced on-air that he would match any donations within the next 15 minutes. The audience came through and donated $10,000, prompting Bones to match it with a check for $10,000. Total raised: $60,000.
Towson Athletics and CBS Sports Radio 1300 in Baltimore have agreed to a partnership in which the station will carry every Tiger football and men’s basketball game during the 2014-15 season. Also, Head Football Coach Rob Ambrose and Head Basketball Coach Pat Skerry will make weekly appearances on 105.7 The Fan during their seasons. The first Towson event to air on CBS Sports Radio 1300 will be the football team’s home opener against Central Connecticut State on August 30. 2013 was the best season in school history. Towson won a school-record 13 games.
Kelly takes over the sales responsibilities for WKSC-FM and 93.9 WLIT-FM. He moves to Cllear Channel from CBS Radio Chicago, where he most recently served as LSM for WBBM Newsradio. Prior to his time at CBS Radio, Kelly spent nearly seven years as an AE at CCM+E San Diego. Prior to his career in media, Kelly worked as an athlete manager at Imani Sports representing professional athletes, with an emphasis on basketball and football.
Former Christian radio host John Balyo pleaded guilty Tuesday in his child pornography case. The 35-year-old Balyo faces a mandatory minimum of 15 years and a maximum of 50 years in prison. He must also register as a sex offender. Balyo worked at WCSG in Grand Rapids before his arrest in June.
(By Roy Williams) Much has been written in recent months about our desperate need for better radio ads. I shall say only a little about this subject, for there is little left to be said. In his “Creative Fundamentals That Get Results” of May 25, Katz Media Group’s Bob McCurdy wrote, “Meticulous planning and strategy will not overcome weak creative, and, for too long, the effort to plan and ‘place’ the radio commercial has overshadowed the effort to ‘create’ the commercial.”
(By Jeff Schmidt) Randy was my son’s baseball coach this season. The team is made up of 13- and 14-year-old boys. They are in a critical phase of their baseball education. They have the fundamentals, they know the game. At this point it’s about refining skills and reducing mistakes. At the end of the day it’s still a game and they should be enjoying their time on the field.
(By Steve Reynolds) 1. The show has an overarching content strategy, or “plot,” that is unique to the show — and certainly different from everything else in the market. 2. The cast is well-defined, and each member is different from the others. And the core cast is seen as likable. 3. The show has significant and meaningful points of differentiation from other, non-radio entertainment choices available.
Bob Pittman, CEO of radio's largest company, holds steady at number one, for the fourth consecutive year. Clear Channel brings in over $2.6 billion in annual revenue, generated by over 800 stations in 150 markets, and has thousands of employees all across the country. In January, following the departure of John Hogan, Clear Channel extended Pittman's contract as CEO for an additional five years and Pittman (along with CFO Richard Bressler) took on some of Hogan's former responsibilities for the Media and Entertainment division. Radio Ink's 2014 40 Most Powerful People in Radio issue is out now. To subscribe to our digital edition, which includes the 40 Most Powerful People in Radio issue, GO HERE.
2014 marks the 15th year for what’s become one of our most popular lists. The Most Influential Women in Radio issue began in 1999, when the list of names was much shorter and those who occupied the list less influential. Today, some of these influencers will also appear on our 40 Most Powerful People in Radio list (to be released on July 28). Read about the Most Influential Women HERE.
Gary Shapiro is the president and CEO of the Consumer Electronics Association. He'll be one of the keynote speakers at the second DASH Connected Car Conference, to be held in Detroit, October 15-16. Shapiro said, "I'm excited to deliver the keynote address at the DASH Conference, a great mashup of broadcast radio, the automobile industry, and consumer electronics. As the home of global auto industry and an emerging hotbed of startups and technological innovation, Detroit is the perfect location for this meeting of the minds."
Radio Ink is pleased to announce that Mark Rosenthal, CEO of Katz Media Group, has agreed to serve as co-chair of Forecast 2015, November 19, in New York City. Radio Ink Publisher Eric Rhoads said, "Since taking over Katz, Mark has been heavily involved in the development and growth of our industry and has shown true leadership. Having his guidance on Forecast will help shape this year's program, which will have a strong advertiser focus."
If you have one, we want to hear about it. Are you killing it in digital sales, bringing local clients results using all of your digital products? Do your clients look to you as the go-to digital expert in your market? You are a rare bird in our indusrty and we want to hear about you and your story today. Call or e-mail Radio Ink Editor-in-Chief Ed Ryan at 239-247-3833 or email@example.com.
The Programming Department at your radio station is very good at telling us when they hire a new PD, morning show or afternoon drive jock. And we love to write about them. We also know how important salespeople and sales managers are. They are grinding it out on the streets with more competition than ever in an economy without a Mustang engine. We also want to brag about your sellers. Tell us all about your new sales hires, Sales Manager promotions or company award winners. Everyone loves to see their name in lights...some like the extra pat on the back more than money in their pocket. Send all the details - and a photo - to firstname.lastname@example.org