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Today's Headlines November 5, 2010 |
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CBS Radio's advertising revenue was up 9 percent in the third quarter, CBS Corp. reports. CBS Radio is reported as part of the company's Local Broadcasting segment; with TV station ad revenue rising 25 percent, the segment was up 15 percent, to $677.3 million from $589.8 million a year ago. CBS Corp. revenues came in at $3.3 billion, down 1.5 percent from $3.35 billion. |
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| Business |
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Sirius XM Radio reports that it ended the third quarter with a record-high 19.9 million subscribers, adding more than 300,000 in the quarter. The company saw adjusted revenue of $722.5 million in Q3, up 15 percent from the same period in 2009, while net income was $67.6 million (1 cent per share), compared to a net loss of $151.5 million (4 cents). |
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Univision Communications' net revenue was up 9.1 percent in the third quarter, to $575 million from $526.8 million in the same period a year ago. Radio revenue dipped 7.4 percent, to $86.4 million from $93.4 million. |
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Entravision Communications reports third-quarter revenue of $53.3 million, up 5 percent from $50.8 million a year ago. Radio was up 1 percent, to $19 million from $18.7 million. |
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Radio One reports its third-quarter results, with revenue down 0.2 percent, to $74.5 million. Internet revenue was a bright spot for the company, up 24 percent in the quarter, to $4.4 million. |
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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. |
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| Convergence Technology |
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CB Radio launches Mega 995 HD3 on a subchannel of Country WYCD/Detroit. The channel offers a Spanish Pop format designed, CBS Radio said, to appeal to "Latin pop music fans and Hispanics of multiple nationalities." |
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NPR affiliate KCRW/Los Angeles releases its own Android app, airing all three of its channels: On Air, Eclectic24 AllMusic, and News, as well as on-demand programming. |
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| Washington |
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FCC Commissioner Michael Copps saluted Rep. Rick Boucher (D-VA), chair of the House Subcommittee on Communications, Technology and the Internet, who lost his bid for re-election this week. Copps called Boucher "an extraordinary public servant and a great leader across the whole gamut of telecommunications issues." |
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| Radio Ink |
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In the first issue of each new year, Radio Ink names a Radio Executive of the Year -- an individual who has had a powerful and positive impact on the industry in the previous 12 months. And this year, for the first time, we're asking for your input on the group head or top-level executive who should be recognized. Who is 2010's Radio Executive of the Year? You may nominate someone you work with or for, or someone whose approach and accomplishments you admire. Please submit your suggestions to Editor-in-Chief Brida Connolly. |
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Arianna Huffington, co-founder and editor-in-chief of the influential Huffington Post and co-host of public radio's Left, Right & Center, will provide the luncheon keynote at Radio Ink's Forecast 2011, to be held December 7, 2010 at the Harvard Club in New York. Huffington, the author of 13 books including most recently On Becoming Fearless in Love, Work, and Life and Fanatics and Fools: The Game Plan for Winning Back America, launched the Huffington Post news and blog site in 2005. |
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PastBlast, the new iPad app from Radio Ink is available now in the Apple App Store. Historical audio, photos, and more from every era of radio's history, with navigation through a beautiful, fully equipped retro radio studio. Click the headline to see it, or get it here. |
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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. |
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November 15: Lessons From Luckoff: Q&A with former KGO & KSFO President/GM Mickey Luckoff
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