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Wednesday, February 9, 2011

Field "Local Ad Spending Returning"



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Today's Headlines February 9, 2011

Entercom's David Field: "We Should See a Meaningful Recovery in Local Ad Spending"

Entercom's David Field: "We Should See a Meaningful Recovery in Local Ad Spending"

He wasn't exactly doing cartwheels but Entercom boss David Field is sounding as if the arrow is moving up. The advertiser arrow that is. Finishing strong at the end of last year, Field sounded to us like his expectations, barring a catastrophe, are high. Entercom reported yesterday that net revenues for the quarter increased 6% to $102.1 million, station expenses increased 2% to $62.9 million and station operating income increased 14% to $39.2 million. Same station net revenues increased 7%, same station expenses increased 2% and same station operating income increased 14%.
Industry
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Small Market GM Argues Peter Smyth is Wrong!

Small Market GM Argues Peter Smyth is Wrong!

We received a lot of feedback after posting Greater Media CEO Peter Smyth's "corner office" memo Tuesday morning. There seems to be a consensus from smaller market operators and single operators that things aren't as bad as the big guys make it sound. In fact, some of the feedback accused us of giving the big guys too big a bullhorn to whine about life too much. Oberlin Ohio General Manager Doug Wilber had a lot to say. Says he is not cautiously optimistic. He's wildy optimistic.

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Fresh articles not found in Radio Ink magazine to help make your job as a manager easier every day. News flashes as they happen. Information about our highly successful conventions. New Hires and Fires. Much more.
Beasley Reports. George Says "Environment Improving"

Beasley Reports. George Says "Environment Improving"

$800,000 increase in Q4 (that's a 3.1% jump) net revenue. Beasley says Philadelphia, Wilmington, Las Vegas, Fayetteville and Augusta are the reason for the gains. Miami. Not so much. That had to do with dropping sports. Operating expenses down alomst 8% company-wide.
KGO S.F. Teams With Local Paper to Deliver News

KGO S.F. Teams With Local Paper to Deliver News

Under the agreement KGO and The Bay Citizen news desks will jointly develop story ideas and regularly share content, including live and breaking news and community journalism. The newsrooms will also co-develop investigative and enterprise reports. News stories will appear as radio broadcasts on KGO radio, on baycitizen.org, and on kgoradio.com.

Randi Rhodes Pops Up on Atlanta Talker WCFO-AM

Atlanta’s NewsTalk 1160/WCFO-AM says the much-traveled Randi Rhodes will join the station’s lineup beginning Monday, February 14. The program will air LIVE from 3 - 5 p.m. ET. The station's weekday lineup includes Imus, Laura Ingraham, Lou Dobbs, Erich “Mancow� Muller, Dennis Miller, Jerry Doyle and Phil Hendrie.

Dial Global Hires Two. Promotes One.

Dial Global, an independent Network Radio organization, has added to its research and strategic planning efforts by hiring three new executives. Paul Bronstein and Scott Anekstein formerly of Westwood One have joined the research department. Bronstein will now lead the Dial Global Research department as Senior Vice President of Research. Additionally, Jay Green former Director of Research has been promoted to Vice President. Mr. Green has been with Dial Global for nine years.

Exciting Research: 25-54s Seek New Options

ADVERTISEMENT -- Dynamic new research demonstrates that radio's most sought-after audience has specific wants and needs that are not being met in the marketplace. >>Read more.
Business
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Katz: National Finishes up 17.7% in 2010

The National Spot Radio market bounced back with a very strong year in 2010 according to Katz Radio Group President Mark Gray. "Following an exceptionally weak 2009 that was hurt by the recession, the advertising recovery took hold with strong category gains across all regions of the country.

Arbitron Brings in Richard Surratt as Executive Vice President, Finance.

Suratt will report directly to William T. Kerr, President and Chief Executive Officer. The Company plans to transition Mr. Surratt into the role of Chief Financial Officer as soon as practicable. Once in that role, he will succeed Sean Creamer. Suratt comes over from Voyager Learning Company, where he was President and Chief Executive Officer.
Convergence Technology
Sponsored by RazorGator - Buy Hard-To-Get Tickets
AOL Buys Huff Post For $315 Million

AOL Buys Huff Post For $315 Million

Huffington to stay on as will become president and editor in chief of the Huffington Post Media Group. The companies said Sunday that about $300 million of the sale price will be in cash, with the balance in AOL stock. Huffington founded the site with a $1 million investment less than six years ago.
Washington
Sponsored by RazorGator - Buy Hard-To-Get Tickets

NAB Education Foundation Gives Target Corporate Leadership Award.

The award will be gicenout during the 13th annual Celebration of Service to America Awards, held Monday, June 6, at the Washington Convention Center. The award, first presented in 2010, recognizes non-broadcast businesses that exemplify an extraordinary focus on community service and corporate social responsibility.
Radio Ink
Mighty Red II: New Features Never Before On ANY Radio

Mighty Red II: New Features Never Before On ANY Radio

Radio Ink debuts the Mighty Red II, bringing back the little HD radio with mighty HD sound. New features on the Mighty Red II include Artist Experience -- cover art, artist info, and more -- onscreen ads that can be synced with audio, Live Pause, and song and ad Bookmarking. It's a great gift for clients to show them what's really possible with HD Radio. Click the headline to order now.
Get The PastBlast iPad App

Get The PastBlast iPad App

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.

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.

February 7: The annual CRS issue featuring a cover Q&A with Lady Antebellum
Radio Ink's Top Country PDs

VP/GM Deborah Parenti talks with country consultants Rusty Walker and Jaye Albright
Station Profile: Beasley's country WXTU/Philadelphia

Coming up in Radio Ink:
March 7: The Urban Radio Issue/Most Influential African Americans in Radio, featuring a cover Q&A with Steve Harvey
March 21: Radio's Best Studios and Facilities
April 4: Focus on the NAB Show

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