1-29-2015
Facebook's recent earnings report indicated a total of 526 million of its users access Facebook using only a mobile device. Those numbers are up from 296 million last year and is almost 40 percent of Facebook's monthly user base of 1.4 billion. Android Headlines
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9-8-14
The WOGL-FM Loves Our Kids Radiothon raised $681,575 in two days for the Children?s Miracle Network at the Children?s Hospital of Philadelphia. In the past 13 years, WOGL has raised $6,928,760.33 for the Hospital. The radiothon, held last Thursday and Friday, was broadcast live from the Ryan Seacrest Foundation?s Seacrest Studios, located in the Colket Atrium at the Children?s Hospital of Philadelphia. WOGL hosts Ross Brittain and Valerie Knight of the Breakfast Club presented the check for $681,575 from 98.1 WOGL to the Children?s Hospital.
WOGL-FM Vice President and General Manager Jim Loftus said, ?I?m so proud to report that this was the best year yet for the 98.1 WOGL Loves Our Kids Radiothon. The $681,575 donated was an unprecedented amount. Thanks to all who have helped make our world a better place through the commitment to the Children?s Hospital of Philadelphia. For the 13th year, we?re overwhelmed and humbled by the generosity of our 98.1 WOGL listeners and clients.?
?We are truly grateful to WOGL and the many volunteers, staff, and sponsors who have worked so hard to make this year?s event so successful,? said Steven M. Altschuler, MD, chief executive officer of the Children?s Hospital of Philadelphia. "It is because of their dedication, drive, and tireless efforts that the radiothon has continued to grow. It is incredible to see such strong community support for vital programs like Social Work and Child Life, Education and Creative Arts Therapy, that are instrumental in helping children and their families during a hospital stay."
7-24-14
Another disappointing revenue quarter from a publicly traded radio company. Beasley Broadcasting, which owns 44 stations in 11 large-and mid-size markets generated $1.0 million less in the second quarter of 2014 than it did in 2013. The company blamed the decrease on lower advertising revenue in its Philadelphia, Wilmington and Greenville-New Bern-Jacksonville markets. Beasley did reduce operating expenses by 2.3% ($400,000). Operating income for the quarter was down 12.1% while net income increase 28.1% to $3 million.
4-24-14
CFO Mike Herring made the announcement on the Thursday afternoon earnings call that 12 months of Pandora will now cost $4.99 per month (an increase from $3.99 per month). A Pandora One subscription allows a user to listen without commercials. At $59.88 for twelve months, that's nearly double the $36.00 annual price. Until now users could pay for one year at the $36.00 price. Pandora is eliminating the annual subscription and will now only offer the $4.99 per-month subscription. Anyone paying $3.99 will be grandfathered in.
3-5-14
Internet pure-play Pandora now claims it has an 8.91 percent share of total radio listening in the United States, up from 8.57 percent last month. Pandora does not disclose how it comes up with this number. Pandora says it had 1.51 billion listener-hours in February (down from 1.58 billion in January) and 75.3 million active listeners in February, up from 73.4 million in January.
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5-30-13
It's not the final total and it may be difficult to know that exact number being that donations were being sent directly to the Red Cross. What we do know is that listeners to all 525 Cumulus radio stations have donated at least $3.7 million for the victims of the Oklahoma tornado. The Cumulus fundraising effort from Wednesday featured station personalities asking listeners to make donations for the survivors and families of the victims.
The United Way of Central Oklahoma has also told Cumulus that the Wednesday evening benefit concert raised approximately $6,000,000 in pledges and ticket sales.
Wednesday night, all 84 Cumulus Country stations aired a one-hour fundraising special hosted by Kix Brooks and co-hosted by KSCS/Dallas personality Hawkeye ? live from backstage at the Healing In The Heartland: Relief Benefit Concert. Between 6a-8p on Wednesday, 5/29 (the day of the radio-thon) there was a 42% increase of pledges as compared to 6a-8p on Tuesday, 5/28. There was also a 25% increase in the amount of monies donated between 6a-8p Wednesday, 5/29 compared to the same time on Tuesday, 5/28.
A big thanks to Mike McVay at Cumulus for keeping us informed on what Cumulus is doing to help the folks in Oklahoma.
4-10-13
The NAB is reporting attendance jumped from 91,565 in 2012 to 92,414 this year. The numbers are preliminary, based on pre-show and onsite registration and subject to an ongoing audit. There were 24,461 attendees from outside the U.S., 155 countries represented and exhibit space grew nearly 10 percent over 2012. There were 1,600 exhibitors using 900,000 net square feet of exhibit space, up from 815,000 net square feet in 2012.
5-3-2012
Salem reported a total revenue increase in Q1 of 6.1% to $54.3 million from $51.2 million. On the broadcast side, net revenue increased 2.9% to $44.0 million from $42.7 million. Online revenue continues to rise for Salem. The company saw an increase of 33% in the first quarter, from $5.6 million to $7.4 million. For the second quarter, Salem is projecting total revenue to increase 1% to 3% over second quarter 2011 total revenue of $55.4 million.
5-1-2012
BIA/Kelsey says local television over-the-air revenues in 2011 dipped 7.8% from the previous year, due primarily to the economy and the odd-year election cycle. BIA says in 2011 stations took in $17.9 billion in revenues, compared with $19.4 billion in 2010. In 2011 local television stations earned $535 million from online sources, an 18.7% jump compared with $450 million in 2010.
In 2012 combined over-the-air and online revenues are forecast to rise to $20.3 billion, based on the presidential and other elections, overall improved consumer spending, and growth in online ad spending. In terms of transactions, BIA/Kelsey reports the industry saw an uptick in transactions in 2011 over 2010, with 50 station sales totaling $1.1 billion.
"Local advertising industry revenues typically rise and fall depending on the political year," said Mark Fratrik, Ph.D., vice president and chief economist, BIA/Kelsey. "Advertising income for local television is trending upward and showing signs of rebound, with a good first quarter for many public television companies. Still, the 2012 over-the-air television advertising market is not what it was 11 years ago."
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4-30-2012
Jacobs Media has released data from its "Techsurvey8" which was gathered online from January 31st to February 15th. Over 170 stations in the U.S. and Canada took part for a total of 57,358 radio listener survey participants. 43% of Pandora users say the Internet pure play should be considered ?radio.? 49% said no. Pandora is the most popular pure-play Internet option, according to the Jacobs study. 45% of ?streamies? listen to some extent. iHeartRadio came in a distant second with 19%, Spotify was third with 7% followed by TuneIn at 7% and Slacker at 5%. Favorite songs and local personalities were the highest ranking reasons listeners believe AM/FM radio still matters.
According to Jacobs Media President Fred Jacobs, ?The data from Techsurvey8 strongly suggest that focusing on connecting emotionally and meaningfully with listeners is radio?s best avenue toward remaining relevant and vibrant in the face of new digital competition.? Why AM/FM Radio still matters: While ?favorite songs? and local personalities are the highest ranking elements, there are four emotional triggers that listeners value: Having a radio on while they work, helping them get in a better mood, providing a feeling of companionship, offering an escape from the pressures of everyday life
Protecting The In-Car Listening Franchise: The car is becoming a major battleground for radio. More than half of all respondents say that most of their radio listening takes place in cars. And nearly half (48%) say they?re able to connect a smartphone or mp3 player in their main vehicle. One in ten (9%) now drives a car equipped with an entertainment/information system like Ford?s Sync, especially fans of News/Talk and Sports/Talk.
Jacobs Media will host a series of format-centric webinars over the next several weeks to take a more granular look at the relationships between radio?s core formats and the audiences that enjoy them.
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2-3-2012
Beasley Broadcasting reported Q4 2011 numbers this morning and net revenue to a hit of nearly 7%. Beasley CEO George Beasley said, ?Our fourth quarter revenue decline reflects a combination of weak overall national spending in our markets and several unique national advertising issues that we have addressed or which were essentially one time in nature. In addition, approximately one third of the overall revenue decline relates to a reduction in political spending in a non-election year."
Mr. Beasley went on to say, "Even during periods of lower revenue, our bottom line continues to benefit from our streamlined cost and operating structure. In light of the challenges faced during the quarter, we lowered station operating expenses by 5% while total operating expenses for the quarter were also reduced by 5% on a year-over-year basis. These factors, combined with a significant reduction in interest expense, led to a 1.7% increase in 2011 fourth quarter net income."
?Radio advertising remained relatively stable despite widespread economic concerns and volatility in the capital markets throughout the year. Importantly, during the fourth quarter and throughout 2011, we continued to make progress across the organization in enhancing operating efficiencies and maintaining a disciplined approach to spending. Overall, the industry recorded seven consecutive quarters of growth through the third quarter of 2011 which underscores our belief that radio remains both resilient and highly relevant in a digital world. During the quarter, the Company celebrated its 50th consecutive year in radio broadcasting and our success over this period has been defined by our ability to bring consumers and advertisers a platform that efficiently addresses their respective needs."
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WYCD in Detroit raised $454,987 during its annual "Cares For St. Jude Kids Radiothon". WYCD personalities Jack Shell and Coop vowed to shave their heads if the station hit $200,000 during their shift. WYCD listeners met the challenge and the boys are bald. Jack and Coop had their heads shaved in the lobby of WYCD immediately following their shift.
Over the past 12 years, WYCD listeners have helped Detroit's country music station raise over $6.1 million for the children being treated at St. Jude. Send your congrats to PD Tim Roberts tim.roberts@cbsradio.com for a job well done.
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Maine resident John Crosby (pictured) received the 46 month sentence after threatening to rape, torture and kill Melissa Block and Guy Raz, of "All Things Considered." It was the maximum penalty allowable under federal guidelines. The 38 year old man contacted the two NPR hosts on the Internet from Portland, Maine, back in January, according to court records.
In messages to the hosts, he threatened to rape, beat, torture and kill Block, and he applied an ethnic slur to Raz and threatened his life, authorities said. When Crosby was arrested in Portland on January 26, investigators found a shotgun in his car. Because Crosby was previously convicted of state robbery and heroin possession felonies, he had been barred from having firearms, officials said. Read the FBI affidavit HERE
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