Just Radio Only: Aug. 9: $100 million - the price of peace?; Emmis delays again; Zeen seen

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Today's Headlines August 9, 2010

Terms Of Royalties Proposal Announced

No votes have been taken and no agreement has been reached, but the NAB on Friday went public with the proposed terms that could be part of a performance royalties agreement that is now under discussion by the NAB Radio Board and representatives of MusicFirst. Among the items on the table: A tiered rate of 1 percent or less of net revenue, which cannot be changed except by mutual agreement or a change in the law, and the permanent end to Copyright Royalty Board jurisdiction over terrestrial and streaming rates. Talks will continue.

Business

Updated: Emmis Again Delays Shareholder Vote

Emmis released a brief statement Saturday morning saying that there was no quorum at the shareholders' meeting held Friday evening and that the meeting has been adjourned until August 13, when the company will again attempt a vote on its plan to go private. Emmis confirmed that negotiations are continuing with a group of preferred shareholders that have agreed to vote against the plan, "in an effort to gain their support for the proposed transactions." The Indianapolis Business Journal reports that a meeting of the Emmis board is also set for August 13 to discuss the matter.

REALTORS®: Your Hottest New Prospects!

ADVERTISEMENT -- REALTORS® spend $1 billion annually to market their services and 30% are ready to buy radio! See the video from the NATIONAL ASSOCIATION OF REALTORS® Annual Conference. Read more.

Industry

Study Looks At 'Most Valuable Listeners'

The latest round of results from Alan Burns and Associates' study of female radio listeners shows that at-work listeners are 50 percent more likely than others to be among radio's heaviest users. Women who visit stations' Facebook pages are 71 percent more likely to be heavy radio users.

Are You Winning In National Sales?

ADVERTISEMENT -- National radio sales is a nearly $2.4 billion business. Is your station getting the share of the pie that it deserves? Are you confident that your individual story is being told properly to those spending the money? We'd like to help...Click here.

Washington

Ex-Radio Employee Accused Of Embezzling Millions

A Minnesota woman who served as office manager for Ingstad Brothers Broadcasting and Iowa City Broadcasting is accused of embezzling as much as $2 million from the companies, the Minneapolis Star-Tribune reports.

WWVA/Wheeling Back On The Air

Clear Channel's News/Talk WWVA/Wheeling, WV, got back on the air Friday morning after taking devastating damage to its towers in a storm earlier this week. The station is using temporary equipment and is operating at reduced power.

Convergence Technology

HP Loses CEO As Zeen Buzz Begins

As rumors fly about the specs of its upcoming eStation Zeen tablet, Hewlett Packard has something bigger to deal with: CEO Mark Hurd has resigned following an investigation of sexual harassment claims, with the investigators finding Hurd violated the company's standards of business conduct. CFO Cathie Lesjak takes the interim CEO post.

Radio Ink

NYT's Sorkin To Keynote Forecast 2011

Andrew Ross Sorkin joins the lineup at Radio Ink's Forecast 2011, set for December 7, 2010 at the Harvard Club in New York. Sorkin is the chief mergers and acquisitions reporter for the New York Times and the best-selling author of the recent Too Big to Fail, and he's as well connected in the financial world as anyone in radio. The thrice-daily "Business Brief With Andrew Ross Sorkin" is produced and distributed by United Stations Radio Networks. Click the headlne for Forecast information and registration.

Read Radio Ink On The iPad

Radio Ink magazine the first radio industry publication on the iPad and among of the first of all publications. With the iPad's touchscreen, you can flip through the digital edition just as you would a copy of the magazine, with live links, interactive ads, links to video, and with more interactive features on the way.

Updated: Radio Pros Available

The economy is slowly turning around, and broadcasters are beginning to hire again. Put your name in front of the industry with a free listing in Radio Pros Available. And we'll be happy to post your aircheck or demo, or a link to your website. Click the headline to learn more.

Aug. 9: Cover Q&A: Talk Radio Network chief Mark Masters.
Also:Deborah Parenti's Dialogue talks with agency execs on how they evaluate multiplatform offerings.
A chat with Dave Glover of Emmis Talker KFTK (97.1 FM)/St. Louis
Roy Williams explains "how to spot the weiner dog"

**Coming up in Radio Ink:
August 23: New Media Spotlight
September 6: Pre-Radio Show Manager's Guide
September 20: Radio Show edition/Radio Wayne winners

Also:
October 18: Radio's Top PDs
November 1: Focus on radio's top advertisers
November 15:** The Best Managers in Radio

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To reserve your space in these issues, contact your Radio Ink representative or Deborah Parenti at deborah@radioink.com today.