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Tribune Co. releases some financial highlights for January through July, and CEO Randy Michaels says, "We are making solid financial progress." Tribune reports that it generated approximately $100 million more in consolidated cash flow in the first seven months of this year compared to the same period in 2009. The company is involved in long-running Chapter 11 proceedings, with reports now circulating that Michaels and Chairman Sam Zell may be replaced when the reorganization is finally complete. |
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The American Egg Board is ramping up its advertising following a half-billion-egg recall over contamination concerns, and radio could become part of the plan, Ad Age reports. |
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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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Convergence Technology |
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A story made available to NBC affiliates offers a point-counterpoint with Emmis CEO Jeff Smulyan and Rural Cellular Association President/CEO Steve Berry over a government requirement to include FM chips in cellphones. Wireless and consumer electronics industry groups are fiercely opposed to the idea, and Smulyan says of the controversy, "It's a shame it's come to this, but the marketplace has been blocked." |
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Microsoft co-founder Paul Allen has filed suits against Apple, Google, Yahoo, and more, alleging infringement of patents that were developed at his own Silicon Valley company and that he owns. A rep for Allen told the Wall Street Journal, "We recognize that innovation has a value, and patents are the way to protect that." |
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ADVERTISEMENT -- Whether you operate a cluster or an individual station, you carve out a niche for each of your radio properties. Make sure that each station is given the individual attention it deserves so that it can capture a piece of the national advertising pie. We can help...our clients would agree! Click here for info. |
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Research |
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A joint survey by the Direct Marketing Association and Colloquy found that companies that use social media to deepen customer loyalty spend almost twice as much on it as companies whose interest is in building brand awareness, getting new customers, and other "core marketing purposes." But the survey also found that many companies don't know what percentage of the marketing budget is going to social media, or the most effective way to measure results. |
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Industry |
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Veteran programmer Bill Gamble signs on to consult AccuRadio's 18 streaming Country stations, collectively called AccuCountry. He'll oversee music, talent, and social media, and serve as liaison with Nashville. Gamble most recently programmed CBS Radio's Country WSUN and Hot AC WCFS in Chicago. |
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Radio Ink |
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Radio Ink is looking for the Best Programmers in Radio, and we're counting on you to tell us who they are. Click the headline to learn more. |
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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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