 | |  | | |  |  | | Today's Headlines April 30, 2010 | | |
|  Cumulus Media's first-quarter net revenues were $56.4 million, up 1.8 percent from $55.4 million in Q1 of 2009, with most of that due to increased political and national revenues. The company's net loss in Q1 came in at $144 million (1 cent per share), compared to $3.3 billion (8 cents) a year ago. Cumulus CEO Lew Dickey said, "We are extremely pleased with these results, and increasingly optimistic about the forecast for our company." | |  | | Business | |  | | Sponsored by  |  Entravision Communications' net revenues in Q1 came in at $43.1 million, up 3 percent from $41.7 million in the same period a year ago. The company's net loss was $2.2 million (3 cents per share), compared to a loss of $14.5 million (17 cents). Radio revenues in the quarter were flat at $13.4 million, with TV up 5 percent, to $29.7 million from $28.3 million. | | | | |  Fisher Communications saw its radio revenues move up 8 percent in the first quarter, to $5.3 million. For the company overall, revenues rose 24 percent year-over-year in Q1, to $35.3 million from $28.5 million. | | | Sporting News Radio President Clancy Woods has formed Mission Media Group, making a licensing agreement with American City Business Journals to produce and distribute content as part of the Sporting News Radio Network. The network's operations will move to Houston with the new deal. | | | Viacom reports revenues of $2.9 billion in the first quarter of the year, down 4 percent from $2.9 billion in Q1 2009, with advertising and affiliate revenue growth more than offset by lower movie revenues at the multimedia giant. | |  A judge has extended the time in which Black Crow Media Group has the exclusive right to file a reorganization plan in its Chapter 11 proceedings, over the objection of creditor GE Capital. | | | 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. | | | | Research | | | | Sponsored by  | | In a webinar on the results of a three-year study of Twitter, Edison Research VP/Strategy & Marketing Tom Webster noted that awareness of Twitter among Americans is at 87 percent, but only 7 percent are active users. And the reason for this, the Edison/Arbitron study says, is that Twitter "has yet to articulate its value to mainstream Americans" compared to a service like Facebook. The study also found that active Twitter users listen to more radio each week than the general population. | | | ADVERTISEMENT -- When searching for a text messaging company to drive revenue and listener engagement, Jennifer Touchette, CBS Interactive Sales Manager, WPGC-FM, CBS - Washington D.C, says hire a firm that will train sellers, offer instructive case studies and can turn creative briefs into sellable programs within 48 hours. Learn more. | | | | Industry | | | | Sponsored by  | | The NAB Marconi Radio Awards nomination process opens May 1. GMs can nominate their stations by market size and format and air personalities by market size for the awards, which annually recognize overall excellence in radio. | | | |
| | There are an estimated 50 million smartphones in the U.S., and they represent an ever-growing share of handset sales. And as the smartphone replaces the desktop for a significant chunk of Internet usage, radio's mobile opportunities are vast. How can your station capture that mobile audience and make money today? At Radio Ink 's Convergence, you'll hear from experts on the art of "Mastering Mobile Media." At this panel, moderated by Vibes Media's Steve Levy with Borrell Associates' Gordon Borrell, Jacobs Media's Paul Jacobs, and comScore's Brian Jurutka, you'll learn where to focus your attention, what will pay the highest dividends, and how to create and embrace a mobile strategy now. Click here to register now. | | | | Radio Ink | | | |
| | Does your station do extensive online video? Are you regularly posting news, personalities, events, or other video content, and seeing success with it? We want to hear from you for a story in an upcoming issue of Radio Ink magazine. So if you have a great online video initiative, please let us know: Contact Managing Editor Wendy Bernstein. | | | Click the headline to view Radio Ink Publisher/CEO Eric Rhoads' complete "Radio Reinvention" presentation at the Cumulus corporate meetings earlier this month. | |  The Apple iPad is out now, and Radio Ink magazine is there, the first radio industry publication on the iPad and one 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. | | | If you've been displaced by the changes in the business or are seeking a new opportunity, Radio Ink wants to help. 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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'Radio Reinvention'
