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Wednesday, July 28, 2010

July 28: Field looks forward; Emmis wins a round; No Senate DISCLOSE-ure



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Today's Headlines July 28, 2010

Field: Expect Growth To Pick Up Again

Field: Radio Growth Will Pick Up

On the company's second-quarter earnings call Tuesday, Entercom President/CEO David Field noted that radio is "now two quarters into a solid recovery" in ad spending. And, although things slowed somewhat in June, he said there are "compelling reasons to believe that the growth rate will reaccelerate."
Business
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Entercom Revenues Rise In Q2

Entercom Revenues Rise In Q2

Entercom Communications reports that its revenue rose 4 percent in the second quarter, to $105.8 million from $101.3 million in the same period a year ago, with EBITDA up 11 percent, to $33.4 million from $30.1 million. Entercom's adjusted net income in Q2 was $13.4 million (35 cents per share).

Emmis Picks Up A Win In Indiana Court 

Emmis Picks Up A Win In Indiana Court

An Indiana Superior Court judge has denied a request for a temporary restraining order that would have blocked the buyout of Emmis Communications by Jeff Smulyan's JS Acquisitions. The judge ruled that the plaintiffs failed to show a likelihood that they'd prevail on the merits of their claims.
Report: Examiner Finds Problems In Tribune Deal

Report: Examiner Finds Problems In Tribune Deal

An examiner appointed by the bankruptcy court says he's found evidence of "dishonesty" in the buyout that took Tribune private in 2007, Reuters reports. Tribune filed for Chapter 11 in December 2008 after the deal left it billions of dollars in debt.
Entravision Note Offering Closes 

Entravision Note Offering Closes

Entravision Communications has closed its previously announced offering of $400 million in senior secured notes due 2017. The company also announced that it has entered into a new revolving credit facility of up to $50 million.

REALTORS®: Your Hottest New Prospects!

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.
Industry
Sponsored by

Agenda Set For Power Of Urban Radio

Sherman Kizart's Kizart Media Partners sets the agenda and keynotes for the annual Power of Urban Radio Forum, set for September 16 in Washington, DC, in conjunction with NABOB's Fall Management Conference. PURF is set to feature leading agency and advertiser executives from, among others, Uniworld Group, Burrell Communications Group, Hewlett Packard, and Home Depot.
Washington
Sponsored by RazorGator - Buy Hard-To-Get Tickets

DISCLOSE Act Falls In Senate

The controversial campaign-finance bill known as the DISCLOSE Act failed to get past its first step in the Senate Tuesday, by a vote of 57-41 and no Republican voting for cloture. The bill would, among other things, have required lengthy disclosures in campaign ads, although last week an exemption from some disclosures for radio was added to the bill.
Radio Ink

Looking For Local Success Stories

Does your station have a successful and long-running (at least three or four years) local event or promotion? Are you making money with a concert, selling CDs, or with an original event or activity that gets people talking in your market? We want to hear about it! Send us a brief description of your event or activity and how advertisers and sponsors are involved, and your station or group may be featured in an upcoming issue of Radio Ink.

NYT's Sorkin To Keynote Forecast 2011

Andrew Ross Sorkin joins the lineup at Radio Ink's Forecast 2011, set for December 7, 2010 at the Harvard Club in New York. Sorkin is the chief mergers and acquisitions reporter for the New York Times and the best-selling author of the recent Too Big to Fail, and he's as well connected in the financial world as anyone in radio. The thrice-daily "Business Brief With Andrew Ross Sorkin" is produced and distributed by United Stations Radio Networks. Click the headlne for Forecast information and registration.
Read Radio Ink On The iPad 

Read Radio Ink On The iPad

Radio Ink magazine the first radio industry publication on the iPad and among 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.

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.

July 26:  A Q&A with Univision SVP/Southeast Regional Manager Claudia Puig
Wells Fargo Securities' Marci Ryvicker and M.E.D.I.Advisory Group's Jack Myers look at second-half projections
Daniel Anstandig and Jon Erdahl on "Five Moves to Make in Q3"
Skip Pizzi's Tech Ink, looking at networked audio solutions for radio studios and recapping the RadioTech Summit.


Coming up in Radio Ink:

August 9: Networks/Syndication; Local Talk
August 23: New Media Spotlight
September 6: Pre-Radio Show Manager's Guide

Also:
September 20:
Radio Show edition/Radio Wayne winners
October 18: Radio's Top PDs
November 1: Focus on radio's top advertisers
November 15: The Best Managers in Radio

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To reserve your space in these issues, contact your Radio Ink representative or Deborah Parenti at deborah@radioink.com today.










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