3-19-14
Curtis Media has been on an FM translator buying spree as of late, and today the company closed on the purchase of FM Translator Station W262BM Charlotte, NC, from Isothermal Community College. In January of 2014, Eastern Airwaves closed on the purchase of the construction permit for W234BY Charlotte. The purchase price is $125,000. Bob Heymann from Media Services Group brokered the transaction.
9-5-13
Entercom's WWKB-AM 1520 is now ESPN Buffalo, 1520AM. Entercom already has one sports station in the market, WGR 550AM. Ops Manager Tim Wegner says, ?Buffalo is a passionate sports town and the appetite for sports programming on the radio keeps growing. With WGR 550AM and now ESPN Buffalo 1520AM, Entercom Buffalo has expanded our ability to offer the best and most comprehensive local and national sports coverage to Buffalo sports fans, giving our clients and advertisers even better access to the total Buffalo sports audience."
4-19-13
On the heels of recently receiving its first patent, Jelli has been awarded another from the U.S. Patent and Trademark Office. U.S. Patent No. 8,413,189, ?Dynamic selection of advertising content in a social broadcast environment.? This patent describes methods related to determining advertising content to be included in a broadcast dynamically. Methods are based on a broad set of inclusion criteria, including among other factors, audience targeting (demographics, location), audience feedback, advertiser bidding, third party advertising technology parameters, etc.
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Dave Roberts (pictured) is the General Manager of ESPN New York (98.7-FM) and he reminds everyone that despite all the publicity others are getting, ESPN continues to produce quality programming featuring all-star talent. The radio industry is only a few weeks away from hearing what CBS (with Cumulus) and NBC (with Dial Global) have to offer in terms of a national sports network. Talent poaching has already begun.
ESPN New York recently extended its contract with the MSG network to retain the broadcast rights to the Knicks and Rangers. But that's not all the station is bragging about. Listen to our short interview with Roberts HERE
ESPN New York recently signed former New York Giants head coach Bill Parcells who will appear on the Michael Kay show. Joe Namath will also appear on the show. Other star sports names on ESPN New York include Mike Lupica, Stephen A. Smith and Walt "Clyde" Frazier. ESPN recently picked up an FM dial position (from Emmis) which Roberts also discusses in our interview.
ESPN is hoping to pull some listeners away from the New York City sports dominator CBS owned WFAN. WFAN is celebrating 25 years in the format this year and will be our featured story on the upcoming issue of Radio Ink Magazine. ESPN is also gearing up to launch al all Spanish language sports station.
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7/26/2012
Journal Communications, with its 35 stations, in Idaho, Kansas, Missouri, Nebraska, Oklahoma, Wisconsin and Tennessee reported a revenue increase of 11.5% to $19.4 million from $17.4 million. The increase was 6.7% when Journal backs out $800K of revenue from the LMA for two Tulsa radio stations which Journal has not had for a year yet. They were purchased from Renda early in the third quarter. Excluding political advertising revenue same station revenue increased 4.8%. Today at 11AM We'll hear from Beasley Broadcasting
Journal says core local revenue increased 9.5% or 4.6% on a same-station basis primarily due to an increase in automotive advertising. Core national revenue increased 12.8% or 7.1% on a same station basis primarily due to an increase in media and other services advertising. The strongest advertising categories for the company were automotive, political and retail and financial services. Weaker categories included building and hardware, beverages, casinos, wireless and pharmeceuticals.
Journal executives discussed their goal of growing the company but seemed to lean more toward growing their TV properties over radio. "People know we're interested. We do get calls. We're look at deals with long-term shareholder value in mind." As far as radio goes, Journal executives say they would seek to fill out clusters, as it did with the Renda purchase in Tulsa.
For the third quarter of 2012, Journal anticipates broadcast revenue (Radio is not broken out) to increase in the low-double digits, compared to the prior year, driven by an improving economy, higher political and issue advertising revenue in key states and Olympic revenue at our NBC-affiliated television stations.
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12-16-2011
The company didn't say how much money it raised but it will be enough to upgrade the Radiocal.FM platform technology. The second round of financing will be used to complete development of a new HTML5 player for its streaming music services Radical.FM and Radical Indie, expected to launch in early 2012. Mobile apps and the DeeJay? functionality will also be finished.
Radical Founder and CEO, Thomas McAlevey said ?I am personally flattered that despite entrenched competition and a faltering economy the offering was over-subscribed. The Company?s owners appreciate the game-changing potential of Radical. Our Beta phase has given tremendous feedback, and this influx of capital will insure the rollout of our full service with a revised HTML5 player on schedule.?
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Coast to Coast AM?s and myTalk107.1?s Ian Punnett pens children's book called "Jackula the Vampire Dog." Inspired by his dog Jack, a Boston terrier he adopted from a local rescue, Punnett gives all profits in support of children?s and animal charities nationwide. Punnett says ?It?s important to me to do creative work for a greater purpose. Children?s books can make kids laugh, bring families together and raise money at the same time.?
Listen to our interview with Punnett tomorrow right here at http://www.radioink.com/ where he discusses his number one rated morning show, which he does with his wife, and his Sunday night fill-in gig on Coast-to-Coast AM. Punnett's new book sells for for $16.95 and is the story of a little girl suffering from bad dreams who takes comfort in a stray dog that watches over her while she sleeps. But the dog has a secret ? a secret that?s good news for lonely little girls and bad news for the neighborhood squirrels. The book?s dark humor has earned Punnett the honor of being called ?Shel Silverstein-esque.?
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