Following the Clear Channel quarterly conference call today, Mark Mays sent an e-mail to all Clear Channel employees letting them know that he will be out in less than 60 days. Mark Mays E-Mail to Employees "There's a time for everything. And with a New Year well underway, on the road to a new financing that secures Clear Channel's near term outlook, and a leadership team that has positioned the company for growth, I've determined that now is THE right time for me to follow through on the commitment I made to my family and myself and step back from daily management of the company. I've informed the Board that by March 31 I will retire as President and CEO of Clear Channel -- news which was announced today along with our Fourth Quarter earnings". |
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Fritts ran the NAB for 23 years. The award will be presented during the opening keynote session on April 11 in Las Vegas. "For more than two decades, Eddie Fritts carried the banner for free and local broadcasting on Capitol Hill with integrity and distinction," said NAB President and CEO Gordon Smith. |
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Clear Channel creates this position for Goldberg who will report directly to CEO John Hogan. Goldberg will oversee and execute strategic programs to advance the Clear Channel Radio brands. She's also responsible for Clear Channel Radio’s internal and external communications; marketing of CCR brands and products; business-to-business marketing support; and developing and coordinating strategy for local marketing efforts. |
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Rumsfeld is out promoting his book Known and Unknown: A Memoir. The thirteenth and twenty-first U.S. Secretary of Defense will discuss his book, which details his half-century career, including behind-the-scenes accounts of critical moments during President George W. Bush’s time in office, as well as his blunt, first-hand opinions about some of the world’s best-known figures. |
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Bidding closed Monday, and Dayton's administration could decide this week on the broadcast rights to the show. The bidders are the BringMeTheNews.com website, JR Broadcasting, KFAI, the Minnesota News Network and WCCO Radio. BringMeTheNews provides content to stations including Cities 97. JR Broadcasting owns AM 950. Details on the proposals aren't considered public yet. |
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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. |
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That's got to be good news for the industry as Clear Channel attributed the growth to "local and national revenues on improved rates". Clear Channel reported that revenue increased $162 million in Q4. Mark Mays said Clear Channel benefited from "a recovering global economy, increasing revenues and improved margins". He said cash flows were "healthy" in 2010. |
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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. |
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Some things just seem to silly to report. This is one of those things. How can any Radio station with an owner and one employee forget - or neglect - to renew the license to operate? The FCC doesn't take kindly to that kind of forgetfulness and whacks an Oklahoma AM with a $7,000 invoice. |
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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. |
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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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February 7: The annual CRS issue featuring a cover Q&A with Lady Antebellum
