Entravision Communications reports a second-quarter profit of $6.96 million (8 cents per share), compared to a $1.83 million (2 cents) loss in the same period last year. World Cup advertising helped move revenues up 10 percent year-over-year, to $53.4 million, for the Spanish-language broadcaster, with radio revenues also up 10 percent. |
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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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Clear Channel Alternative WPLA/Jacksonville flipped Wednesday night to an AC format as "Magic 107.3," playing the "Greatest Hits of All Time." Core artists include the Beach Boys, Elton John, and Billy Joel. |
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Clear Channel's News/Talk WWVA/Wheeling, WV is off the air after all three of its towers came down in high winds during a storm Wednesday afternoon. Crews are working on getting temporary towers in place. |
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The Broadcasters Foundation elects three new VPs: RAB President/CEO Jeff Haley, Katz Radio Group President Mark Gray, and Television Bureau of Advertising President Steve Lanzano. The newly created VP slots are intended to extend the foundation's reach within the broadcast industry. |
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MMTC President/Exec. Director David Honig met with FCC representatives Wednesday to again urge the commission to require broadcasters to put together multilingual EAS plans. In an ex parte filing on the meeting, Honig said "there is no rational reason" not to have such a requirement. |
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Sen. Robert Menendez (D-NJ) has released a new "Corporate Diversity Report" with the results of a survey of Fortune 500 corporations that asked about diversity on company boards and executive teams. In the five companies in the media/entertainment/marketing category that responded, women hold 13 out of 59 board seats and minorities hold 11. |
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Convergence Technology |
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FCC Chief of Staff Eddie Lazarus has been running closed-door meetings on 'Net neutrality with key Internet stakeholders including Google and Verizon, but Thursday Lazarus said the latest round of meetings has been called off. Lazarus said the latest round has been productive, but "has not generated a robust framework to preserve the openness and freedom of the Internet." |
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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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