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Today's Headlines June 9, 2010 |
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A Federal Trade Commission "discussion draft" in its project on the "reinvention of journalism" includes a proposed tax on broadcast spectrum as a tradeoff for an end to the public-interest obligation, as well as a 2 percent sales tax on broadcast advertising. The revenue would pay for various proposals to support journalism, largely the newspaper industry. The FTC emphasizes, however, that the draft doesn't represent its conclusions or recommendations, but "is solely for the purposes of discussion." |
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Washington |
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The Government Accountability Office has produced a preliminary report on the potential effects of the Performance Rights Act on the recording and radio industries, citing "broadcast-industry stakeholders" who say stations may "make adjustments, such as reducing staff levels, switching to a non-music format, and ceasing operations" if a performance royalty is imposed. Flat-rate royalties would add up to about $18.7 million, says the GAO, but the amount to be paid by stations that don't qualify for flat rates can't be determined. |
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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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Industry |
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Sponsored by |
ICBC Broadcast Holdings President/COO Charles Warfield, who also chairs the NAB Radio Board, will receive the National Radio Award at the Radio Show Luncheon on October. The joint NAB-RAB Radio Show is set for September 29-October 1 in Washington, DC. |
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Business |
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Salem Communications CEO Edward Atsinger signs a new employment agreement that runs through mid-2013, according to an SEC filing. |
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The Spanish Broadcasting System board elects marketing veteran MGSCOMM co-Chairman/CEO Manuel Machado as its newest member. He joins SBS's Audit and Compensation Committees. |
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United Airlines is now offering up to 21 playlists programmed by Microsoft's Zune. The Zune programming replaces the Sirius XM lineup United has been offering since 2006. |
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Radio Ink |
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Nominations are open now for Radio Ink's annual Radio Wayne Awards, honoring the sales and management professionals who make a real difference in the radio business. Nominations are being accepted in all categories until June 25, so nominate your candidates today. |
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Radio Ink is adding to the news reporting and editorial staff for RadioInk.com and our daily e-mail Headlines. If you have experience as a radio- or media-industry reporter and you're up-to-date on radio's players and the industry's top issues, get in touch with Editor Brida Connolly for more information. |
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