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July 24, 2008

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'Second Generation' Of HD Programming Rolls Out
ORLANDO -- May 14, 2008: The HD Digital Radio Alliance says the "second generation" of HD Radio programming is rolling out, with more airtime for local and unsigned acts and the return, via HD, of beloved analog stations.

Five More Days Until The Hispanic Radio Conference
MIAMI -- May 14, 2008: Radio Ink's Hispanic Radio Conference is coming up, May 19-20 in Miami. Today, "Hispanic Radio and Advertising Parity" panel moderator Angelica Balderas, VP/National Sales for Busto Media, talks about getting inside the heads of top ad-agency execs.

Whitman Named VP/DOS At Katz Tri-State Radio Group
NEW YORK -- May 13, 2008: Katz Radio Group has appointed Ed Whitman VP/Director of Sales for Katz Tri-State Radio Group, which serves 60 radio stations in the New York City suburbs.

Edison Names '30 Under 30'
SOMERVILLE, NJ -- May 13, 2008: Edison Media Research has named its 2008 "30 Under 30" list of young broadcast-industry talent.

Journal Communications CFO To Retire
MILWAUKEE -- May 13, 2008: Journal Communications EVP/CFO Paul Bonaiuto will retire later this year, the company announced. He's been Journal's CFO since 1996.

Analyst Ups Emmis Estimates
NEW YORK -- May 13, 2008: Wachovia analyst Marci Ryvicker has bumped up her fiscal 2009 revenue and EBIDTA growth for Emmis following the company's fiscal Q4 earnings release.

Clear Channel Launches Advertising Info Site
SAN ANTONIO -- May 13, 2008: Clear Channel has launched B2B website Totalradius.com to show advertisers radio's varied offerings and how to use them.

Senate Resolution To Block Royalties Introduced
WASHINGTON -- May 13, 2008: Sens. Blanche Lincoln (D-AR) and Roger Wicker (R-MS) have introduced a Senate resolution supporting the House's Local Radio Freedom Act, which would block performance royalties on broadcasters.

Six More Days Until The Hispanic Radio Conference
MIAMI -- May 13, 2008: Radio Ink's Hispanic Radio Conference is coming up May 19-20 in Miami. Today, read "Legal Lowdown" moderator Francisco Montero's lowdown on why his is a can't-miss session, covering topics that are of concern to every broadcaster.

Last.fm Hooks Up With Lollapalooza
NEW YORK/LONDON -- May 12, 2008: CBS-owned music and community website Last.fm has partnered with the Lollapalooza music festival and will power Lolla Radio, the festival's official online music presence.

KVMX/Portland Becomes 'Jammin 107.5'
PORTLAND, OR -- May 12, 2008: CBS Radio's KVMX/Portland, OR, has switched from Rhythmic AC "Movin" to Rhythmic as KXJM (Jammin 107.5), picking up the intellectual property and PK's Playhouse morning show from Rose City Radio, which flipped its "Jammin 95.5" to Sports on Monday.

Thompson Upped To VP/Programming At TKO
DALLAS -- May 12, 2008: TKO Radio Network host Marty Thompson, a former Clear Channel Director/Oldies Programming, adds VP/Programming duties at TKO.

Mt. Wilson FM Signs With Interep's D&R Radio
WASHINGTON -- May 12, 2008: Mt. Wilson FM Broadcasters' KKGO and KGIL/Los Angeles will now get their national representation from Interep's D&R Radio under a newly signed agreement.

Analyst Sees Encouraging Signs In Emmis' Q4
NEW YORK -- May 12, 2008: Barrington Research analyst Jim Goss said there were some "encouraging elements" in Emmis' fiscal Q4 and full-year earnings report, although the results overall were in line with expectations.

Interactive One Inks Multiyear Ad Deal With AllHipHop.com
NEW YORK -- May 12, 2008: Radio One's Interactive One division has signed a five-year deal to create an ad network combining its audience with that of popular urban news website AllHipHop.com

Karmazin: If FCC Conditions Are Too Tough, Sirius Won't Merge
NEW YORK -- May 12, 2008: While he believes the XM-Sirius merger is clearly in the public interest, Sirius CEO Mel Karmazin said today that if final FCC conditions are not in shareholders' or subscribers' best interest, "We won't do it."

Clear Channel Expands Online Plans With Partnership Deals
SAN ANTONIO -- May 12, 2008: Clear Channel Online Music & Radio has put new partnerships in place with video advertising network StudioNow and Gracenote's lyrics service.

Sirius Net Loss Improves, Revenues Rise In Q1
NEW YORK -- May 12, 2008: Sirius' net loss for the first quarter was $104.1 million (7 cents per share), compared to $144.7 million (10 cents) in Q1 2007, while its revenues rose by 33 percent, to $270.4 million.

Atsinger, Stone, Brown Join NAB Radio Board
WASHINGTON -- May 12, 2008: Salem President/CEO Ed Atsinger, Univision Radio President/COO Gary Stone, and Schurz Communications VP/Radio, Indiana Sally Brown have been newly appointed to the NAB Radio Board, while five other board members have been re-appointed.

Emmis Interactive Offers Custom iTunes Storefronts
CHICAGO -- May 12, 2008: Under a new licensing agreement with Apple's iTunes Store, Emmis Interactive is marketing custom iTunes storefronts to other radio stations and media companies.

Analyst: CC Better Company Now Than When Buyout Deal Was Made
NEW YORK: May 12, 2008: Barrington Research analyst Jim Goss says Clear Channel, which has sold off its TV division and more than 200 radio stations since it announced the still-pending merger that will take it private, is now a "better company" than the one that made the deal.

XM CEO Hopeful That Merger Close Is Near
WASHINGTON -- May 12, 2008: XM Satellite Radio CEO Nate Davis is hopeful that the end is near in the long-pending merger process with Sirius, saying he's looking for today's quarterly earnings call to be XM's last as a standalone company.

Clear Channel: Settlement Talks Taking Place In Texas Suit
SAN ANTONIO -- May 12, 2008: Clear Channel has confirmed that settlement talks are taking place in the Texas lawsuit over its long-pending buyout, even as reports circulate that the New York lawsuit over the same transaction is near settlement.

XM Loss Widens In Q1
WASHINGTON -- May 12, 2008: Though XM saw significant subscriber growth in the first quarter, particularly from automotive, its net loss grew to $129 million (42 cents per share), up from $122 million (40 cents) in Q1 2007.

Clear Channel Trial Delayed
NEW YORK -- May 12, 2008: New York Supreme Court Justice Helen Freedman this morning abruptly adjourned the trial in the lawsuit by Clear Channel's buyers against the banks that agreed to fund the buyout and reset the case for tomorrow, the Wall Street Journal reports.

Smulyan: 'We're Fighting Back'
INDIANAPOLIS -- May 12, 2008: As Emmis reported its fiscal Q4 and full-year results today, Chairman/CEO Jeff Smulyan said he's seen the radio industry come together more in the past six months than in the previous 15 years. "We're fighting back," he said.

Emmis Revenues Up In Q4, Loss Widens
INDIANAPOLIS -- May 12, 2008: Emmis brought in net revenues of $85.8 million in its fiscal fourth quarter, up 9 percent from $78.6 million, but showed a net loss of $15.8 million (51 cents per share), compared to $10.7 million (35 cents) in the same quarter a year ago.

Cumulus Won't Be Going Private
ATLANTA -- May 12, 2008: Cumulus has terminated its merger agreement with its own Chairman/President/CEO, Lew Dickey, and an affiliate of Merrill Lynch Global Private Equity, after the parties were unable to agree on terms.

Why Attend The Hispanic Radio Conference?
MIAMI -- May 12, 2008: BMP Radio's Rosemary Scott moderates "The Great Immigration Debate" at Radio Ink's Hispanic Radio Conference, covering the issues that affect Hispanic stations and the communities they serve. As Scott says, "We are at a crossroads in immigration policy."

Last.fm Launches Video Interview Series
NEW YORK/LONDON -- May 9, 2008: CBS's Last.fm on-demand music service has launched a series of video interviews with artists including Moby, Santogold, and Spoon. The videos will also be offered over CBS's online CBS Audience Network.

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