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Tuesday, August 10, 2010

Aug. 10: CC, Salem, Fisher feeling good about Q2; Pandora's clicking



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Today's Headlines August 10, 2010

National Leads As Clear Channel Radio Revs Rise

National Leads As Clear Channel Radio Revs Rise

Clear Channel Radio saw its revenues move up 4 percent in the second quarter, to $748.7 million from $717.6 million in the same period a year ago, with most of the gain due to $24.2 million in added national advertising. For parent CC Media Holdings overall, revenues were up 4 percent, to $1.49 billion from $1.44 billion.
Business
Sponsored by

Salem Looks For Political Revs In Q4Salem Moves To Profit In Q2

Salem Communications' revenues were up about 5 percent in the second quarter, to $53.1 million from $43.1 million in the same period a year ago, and the company saw net income of $700,000, compared to a net loss of $5 million in Q2 2009.

 

Salem Looks For Political Revs In Q4

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."
TV Drives Strong Revenue Gain At Fisher

TV Drives Strong Revenue Gain At Fisher

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.

Emmis Extends Note Exchange Offer

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.

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.
Research
Sponsored by
Pandora Tops Ando Ranker For June

Pandora Tops Ando Ranker For June

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.

Geico Leads Weekly 'Spot Ten'

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.

Are You Winning In National Sales?

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.
Convergence Technology
Sponsored by

Apple Exec Out After Antenna Flap

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.
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.

Aug. 9:  Cover Q&A: Talk Radio Network chief Mark Masters.
Also:Deborah Parenti's Dialogue talks with agency execs on how they evaluate multiplatform offerings.
A chat with Dave Glover of Emmis Talker KFTK (97.1 FM)/St. Louis
Roy Williams explains "how to spot the weiner dog"

Coming up in Radio Ink:

August 23: New Media Spotlight
September 6: Pre-Radio Show Manager's Guide
September 20: Radio Show edition/Radio Wayne winners

Also:
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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