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Industry News

With Q3 Results In Tow, Entravision Expands To Africa

Radio+Television Business Report
3 years 6 months ago

In 2021, Entravision Communications fully transitioned from a Hispanic-centric U.S.-focused media company to a global digital advertising player with its decision to take full ownership in Cisneros Interactive. This followed Entravision’s acquisition of Singapore-based Media Donuts.

Now, Entravision has invested in Africa, with its acquisition of a South African digital ad solutions company.

The news came just as Entravision distributed its third-quarter earnings results.

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Adam Jacobson

MIW Launches New ‘Operational Excellence’ Webinar Series

Radio+Television Business Report
3 years 6 months ago

Mentoring and Inspiring Women in Radio, the non-profit charitable organization dedicated to the advancement of female leadership in radio broadcasting, has teamed with vCreative to recognize and celebrate women in radio “whose unsung efforts ensure efficiency, both operationally and financially, for their stations and groups.”

The program’s inaugural free webinar, “Recognizing Women in Operational Excellence” will be held Thursday, December 2, from 1pm-1:45pm Eastern.

Hosted by vCreative CEO Susie Hedrick and MIW Board Member Valerie Blackburn, the webinar showcases three uniquely talented women who make a significant impact daily on their company’s operations:

  • Becky Deneger, Vice President of Traffic Operations at TSM
  • Mildred Sibley, Vice President of Station Traffic Operations at Entravision
  • Melissa Mitchell, Director of Finance and Corporate Controller at Bonneville

Webinar participants will hear how these professionals strategically embrace emerging technologies; integrate new products into existing workflows; and hire and train teams.

Reserve your spot and learn more here: https://hubs.la/H0-z_pz0

RBR-TVBR

What are You Doing to Protect Your Station?

Radio+Television Business Report
3 years 6 months ago

It’s a question Lee Miller, Executive Director of low-power television and OTT advocacy group ATBA, addresses in a new opinion piece.

And, it is a major topic facing broadcast media leadership and air personalities alike that will serve as the centerpiece to a highly anticipated Forecast 2022 conference panel.

In a communique distributed to Advanced Television Broadcasting Alliance members on Thursday (11/4), Miller says, “On the heels of recent ransomware attacks, as an industry, we need to take a look at our systems and networks.”

The good news, in Miller’s eyes: Keeping ransomware off your system isn’t difficult — especially for a small operation.

“Much like preventing malware and viruses, best practices are pretty much the same,” he writes. “A ransomware attack must have some access to your system, usually through a rogue application. Be sure you and your staff are cautious about downloading or opening any files from the web or your email if you’re not very certain of their source.”

Miller notes that hackers now use a variety of social engineering methods, such as spoofing an email that looks like it’s an urgent message from a staff or family member; these typically include links that will install and/or download spyware and other files used by ransomware attack agents.

“Consider strongly again and again before opening and running anything on your computer, especially if it arrives without your expectation,” Miller advises. “Besides being careful about what you click on or download, there are three rules of system security that you should always apply: Protect, update, and back up. All malware, including ransomware, often exploits older or unpatched operating systems and software, and just because you might be on a macOS, don’t think you’re immune!”

Cyber threats are coming fast and furious nowadays. Every day we hear of another ransomware attack or data breach, and it seems that the cyber adversaries are taking over companies unopposed. Cyber security expert Steve Morgan, founder of Cybersecurity Ventures and Editor-in-Chief at Cybercrime Magazine, sits down with WABC Radio’s Juliet Huddy at Forecast 2022 for a provocative interview that will cover, in non-technobabble, how the cyber adversaries are doing it, why people and companies are in the dark when it comes to cybercrime, and what they can and should do to protect their organization. This session is presented by RCS Sound Software To hear what Morgan has to share, you have to be there. REGISTER TODAY AND SECURE YOUR SEAT AT FORECAST 2022!

 

Adam Jacobson

DISH Shares Plummet As Q3 EPS Misses By Pennies

Radio+Television Business Report
3 years 6 months ago

The direct broadcast satellite company presently at war with broadcast TV station owner TEGNA over a new retransmission consent agreement suffered a severe gut punch on Wall Street, following the release of Q3 2021 results that failed to live up to analyst forecasts.

At 2:20pm ET, Dish Network shares were down by 14% on five times the normal trading volume.

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Adam Jacobson

Podtrac Issues Monthly Podcast Rankers

Radio World
3 years 6 months ago
(Click here to enlarge.)

NPR and Wondery in October held their top positions in Podtrac’s list of top podcast publishers as measured by U.S. audience.

Most of the rest of the list looks like last month’s too, with a few swapping positions.

But this month, ViacomCBS joined that list and enters at #12 (bumping Hidden Brain Media out of the top 20).

Ranking data only includes publishers that participate in Podtrac measurement:

The company said Unique Monthly Audience for 19 of the top 20 publishers was up or flat in October over the month before.

(Click here to enlarge.)

 

It also found that Total Global Downloads for the Top 20 were up 9% from the month before but down 9% compared to October of 2020.

The list of top individual podcasts also looked similar at the top compared to the month before, with the NYT at the top, and NPR holding five of the next 19 slots:

[Related: “iHeart, NPR Have Their Prints All Over Podtrac Rankings”]

 

The post Podtrac Issues Monthly Podcast Rankers appeared first on Radio World.

RW Staff

Cox Appoints Eagan to Radio Audience and Ops Role

Radio World
3 years 6 months ago

Cox Media Group named Chris Eagan as its VP of audience and operations for radio.

“In this role Eagan will lead the overarching programming strategy, audience development and multiplatform distribution for CMG Radio,” it stated. “He will also lead the CMG Digital Content team and partnerships to drive innovation for CMG Radio.”

The company owns 54 radio stations in 11 markets, as well as 33 TV stations and other media assets.

[Visit Radio World’s People News Page]

Eagan was most recently senior director of operations for CMG Atlanta Radio, a cluster that includes B98.5 WSB(FM), News Talk WSB(AM), 97-1 The River WSRV(FM) and Kiss 104.1 WALR(FM).

The announcement was made by Rob Babin, SVP-head of radio, and Jaleigh Long, VP and general manager of Atlanta radio.

Send news of engineering and executive personnel changes to radioworld@futurenet.com.

 

The post Cox Appoints Eagan to Radio Audience and Ops Role appeared first on Radio World.

RW Staff

Vertical Bridge Execs Donate to Industry Foundations

Radio World
3 years 6 months ago

Communications tower owner Vertical Bridge said its leadership team has donated $1.1 million personally to benefit two industry foundations.

The money is going to help Warriors4Wireless and the Tower Family Foundation.

“The donations were made in support of the work that these non-profit organizations do to help veterans enter the telecommunications industry and to support the families of those injured on the job,” the company stated in a press release.

The announcement was made by CEO Alex Gellman and EVP of Operations Bernard Borghei.

[Read: Vertical Bridge Remains in Acquisition Mode]

Warriors4Wireless was formed “to bridge the gap between the demand for trained and deployable wireless technicians, and the thousands of qualified service men and women eager to transfer the skills they have learned in the military.”

The Tower Family Foundation provides financial assistance to family members of a severely injured, permanently disabled or deceased tower worker.

Vertical Bridge said that last year it donated $1.5 million to 149 causes chosen by its employees.

 

The post Vertical Bridge Execs Donate to Industry Foundations appeared first on Radio World.

RW Staff

Saga Swings To Net Income With Q3 Strength

Radio+Television Business Report
3 years 6 months ago

What’s the fiscal health for one of the biggest radio industry pure-play operations that’s publicly traded on Wall Street?

Pretty darn good, actually, as Saga Communications released a Q3 2021 report card that shows the owner of small and medium-market stations turning from a net loss to significant net income.

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Adam Jacobson

A Milwaukee LPTV Closer To New Owner

Radio+Television Business Report
3 years 6 months ago

It is a low-powered TV station that in summer 2018 was heading to HC2 Holdings, with a $400,000 transaction proposed.

Then, HC2 was a much different company, with spending under the guise of former CEO Philip Falcone. He’s now at Sovryn Holdings, and that 2018 deal never came to fruition. Now, the LPTV facility has found a new buyer, and it is paying significantly less for it.

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Adam Jacobson

Richmond Voter ‘No’ To Urban One Casino Plan Overshadows Q3 Talk

Radio+Television Business Report
3 years 6 months ago

“The company is in good shape, from a leverage standpoint. We’ve come a long way.”

Those are the words of Urban One CEO Alfred Liggins III, who had many good things to share during his company’s third quarter 2021 earnings call held Thursday. Among them: the shaky automotive category was up by double-digits for Urban One in Q3, a reflection of commitments to Black-owned media in the wake of social justice efforts that have played out over the last year.

However, the City of Richmond referendum defeat for the company clouded the report, and the earnings call, with Liggins sharing what the company’s next steps will be on what to do with its cash.

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Adam Jacobson

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