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Salem Communications saw about $650,000 in political revenue in the second quarter, compared to about $100,000 in the same period in 2009, and CEO Ed Atsinger said on the company's Q2 earnings call, "We expect that the fourth quarter will also show a significant increase in political advertising over last year." |
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Fisher Communications reports that its revenues moved up 28 percent in the second quarter, to $40.8 million, with most of that due to a 37 percent surge in the TV division. Radio revenue, meanwhile, moved up a respectable 8 percent, to $6.4 million. |
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With its shareholder meeting to vote on the offers adjourned until Friday, Emmis has extended the preferred stock exchange offer that is a key part of its plan to go private through Friday at 5 p.m. Talks continue with the group of preferred shareholders who have vowed to vote against the plan. Additionally, a tender offer by Emmis Chairman/CEO Jeff Smulyan's JS Acquisition to purchase Emmis common stock at $2.40 per share has also been extended. |
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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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Research |
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Pandora leads the Ando Media webcast ranker for June, with 418,933 average active sessions, well ahead of second-place CBS Radio among domestic streams. Clear Channel Radio came in third, followed by Citadel's streams, and ESPN Radio Corporate. |
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Geico takes its customary spot on top of Media Monitors' "Spot Ten" report for the week of August 2-8. The insurance behemoth is followed by Verizon and Home Depot. |
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ADVERTISEMENT -- Is your station getting the share of the pie that it deserves? Are you confident that your individual story is being told properly to those spending the money? We'd like to help... Click here. |
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Convergence Technology |
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Apple SVP for iPhone engineering Mark Papermaster has exited after the iPhone 4's wraparound antenna brought widespread reports of reception problems and dropped calls. |
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Radio Ink |
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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. |
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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. |
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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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