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Industry News

Sovryn Secures Two More Mako LPTV CPs

Radio+Television Business Report
3 years 6 months ago

In early September, RBR+TVBR first reported on the sale of a low-power CP that doesn’t need to be built until 2023 in Boise, Idaho.

The property is one of several put on the market by Corpus Christi, Tex.-based Mako Communications. And, the buyer was an entity headed by the former CEO of HC2 Holdings.

Now, a second deal has been consummated between the two parties, and it involves stations in Bakersfield and in Puerto Rico.

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Adam Jacobson

A SWFL Media Company Settles Wireless Tower Clearance Flub

Radio+Television Business Report
3 years 6 months ago

The FCC’s Enforcement Bureau has entered into a Consent Decree with the licensee of the CBS affiliate serving Southwest Florida, in addition to radio stations serving the Fort Myers-Naples market, that will resolve a wireless tower land clearance controversy.

To absolve the company of its transgression, it will implement a compliance plan and make a U.S. Treasury contribution of significance.

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Adam Jacobson

Mike Flood Expands His Company to Central Nebraska

Radio+Television Business Report
3 years 6 months ago

Ahead of a Form 314 filing with the FCC, Mike Flood has announced the consummation of a transaction that, pending regulatory approval, will make his company the largest broadcasting operation in the state of Nebraska.

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Adam Jacobson

NAB Promises a “Reimagined” Event

Radio World
3 years 6 months ago

When the NAB Show returns to Las Vegas in the spring, three years since the most recent one, it will feature some new themes. It also will use part of the new West Hall of the Las Vegas Convention Center, which was under construction when broadcasters last visited.

Early registration is open for the 2022 convention, though right now you can only sign up for access to the floor and certain content. Registration for full paid conferences and workshops is to follow.

In the next five months, assuming current plans hold, at least three major trade shows of interest to radio will return to conducting events in-person: IBC 2021 in early December, CES 2022 in early January and the NAB Show in late April.

We can expect that all three will be watched closely for indications of how their underlying industries are bouncing back from the pandemic. What will major trade shows look like now? Will they draw the many thousands of people that they did in the past? Will attendees be sufficiently comfortable with health and safety precautions to turn out in force? Will international travel rebound?

For its part, the National Association of Broadcasters says its signature event is being “reimagined” and that it will feature “distinct destinations focused on three main pillars associated with the content lifecycle.” The pillars will be called Create, Connect and Capitalize.

Chris Brown, NAB executive vice president and managing director, global connections and events, was quoted in the announcement saying the goal is “to more closely mirror today’s media, entertainment and technology ecosystem in a way that is intuitive and makes it easier for attendees to navigate the event.” He said the show will include “curated experience zones” that support innovation, networking, education and “new ways of thinking.”

Specifics are sparse so far, but you can read more about what the organization hopes to offer on this page of the show website.

The Central and North Halls will focus on the “create” part of the equation, “from pre-production to post, including the latest tools and advanced workflow options to elevate storytelling.”

The new West Hall is where companies that support content distribution and delivery can be found, “from cloud computing to new media infrastructure.”

The North Hall will also feature “content monetization solutions.”

A fourth pillar is under development; it will focus on “critical components impacting all aspects of content creation and delivery.”

The convention will not use the South Hall facilities in 2021.

Will there be a specific radio area of the show floor?

“Generally speaking, exhibits of interest to radio broadcasters will be spread among the halls,” NAB Senior VP of Communications Ann Marie Cumming told us.

“For instance, radio programmers and talent are focused on creating compelling content. While engineers may be more focused on the ‘connect’ area associated with technologies that enable delivery. Capitalization means finding new revenue streams as radio companies increasingly become multimedia companies — something of interest to the sales and management side of the business. There are also plans in the works to make sure radio broadcasters enjoy a specially curated experience with content relevant to them.”

Before the pandemic, the IBC Show in Amsterdam was reporting around 56,000 people attending each year. CES said attendance in 2020 in Las Vegas was about 170,000. NAB reported about 91,000 at its most recent Vegas show in 2019.

The post NAB Promises a “Reimagined” Event appeared first on Radio World.

Paul McLane

A Gray NBC Affiliate Returns To Air After Vandal’s Squelch

Radio+Television Business Report
3 years 6 months ago

The NBC affiliate serving the Panama City, Fla., viewing area turned to the air on Tuesday afternoon (11/2), two days after being crippled by a vandal’s act that made operations all but impossible for the Gray Television-owned station.

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Adam Jacobson

Supply Chain Concerns Aren’t Hurting Nexstar

Radio+Television Business Report
3 years 6 months ago

During the company’s third quarter 2021 earnings call hosted by Nexstar Media Group‘s executive team, the increasingly important topic of supply chain issues and its potential impact on advertising dollars arose.

It was Wolfe Research analyst John Janedis who was first in a Question-and-Answer period to ask about it. And, say Nexstar’s CEO and CFO, there is an impact. But, the Chief Financial Officer adds, growth in 14 of 25 categories is “more than making up” the loss.

Wall Street’s top financial voices have something to say about supply chain concerns. And, they’ll likely share many of their thoughts on November 16 at Forecast 2022 in New York. This limited-capacity event is filling up fast. Don’t delay, as Drew Marcus, Senior Advisor at Guggenheim Securities; Steven Cahall, Managing Director and Sr Equity Media/Cable Analyst at Wells Fargo Securities; and Christopher Ensley, Managing Director/TMT at Noble Capital Markets will be among the industry’s top leaders at this exclusive VIP event. REGISTER TODAY!

To do so and to view the entire agenda, please visit www.radioinkforecast.com now.

 

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Adam Jacobson

Ad Rep Pioneer Ralph Guild Passes Away

Radio World
3 years 6 months ago

Ad sales pioneer Ralph Guild has passed away at 93.

Guild is created with laying the groundwork for the modern ad rep sales industry with the founding of Interep in 1981. He spun that into a larger group that eventually included Group W Radio Sales (later CBS Radio Sales) and ABC Radio Sales.

Guild adapted to changing times with tweaks and permutations of the company, later moving into early digital and online ad sales.

[Visit Radio World’s People News Page]

He began his radio representation career in 1957 at McGavren Radio — a San Francisco-based firm devoted to representing radio advertising, according to a notice. McGavren sent him to New York to open their first East Coast office. Due to his work, McGavren Radio was renamed McGavren Guild in 1967. Eventually Guild became the company’s president and chief operating officer, and later its chairman.

Not surprisingly, Guild collected a number of broadcast industry awards over the years including the Broadcasters Foundation Golden Mike, UJA-Radio Federation’s Radio Group Award, International Radio and Television Society Gold Medal. He has also been inducted into the Broadcasting & Cable Hall of Fame and the Radio Broadcasters Hall of Fame.

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

 

The post Ad Rep Pioneer Ralph Guild Passes Away appeared first on Radio World.

RW Staff

Audacy’s Alternative Pick is Allers

Radio+Television Business Report
3 years 6 months ago

In July 2007, he was named PD at WRFF-FM in Philadelphia, an iHeartMedia-owned Alternative station where he would rise to VP/Alternative while hosting the morning show. In January 2020, he was a victim of widespread reduction-in-force initiatives across iHeartRadio.

Now, John Allers is a part of the Audacy Inc. family.

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Adam Jacobson

Interep Founder Ralph Guild Dies

Radio+Television Business Report
3 years 6 months ago

WEST PALM BEACH — Ralph Guild, who created what is largely considered the standard operating structure for television and radio ad representation companies, has died.

Guild, the founder of Interep, passed away on Monday in Palm Beach, Fla.

He was 93 years of age.

Adam Jacobson

Beasley Further Trims Its Net Loss In Q3

Radio+Television Business Report
3 years 6 months ago

Beasley Media Group, the radio station owner with an investment in the eSports Overwatch League, enjoyed year-over-year revenue improvements in the third quarter of 2021.

As such, it trimmed its net loss as Station Operating Income was on the rise for the owner of such stations as WBZ-FM “The Sports Hub” in Boston, WRIF-FM in Detroit, WMMR-FM in Philadelphia and properties in its home market of Fort Myers-Naples, Fla.

 

 

Join Caroline Beasley on November 16 at Forecast 2022 as she joins Hearst Television President Jordan Wertlieb in honoring the soon-to-retire NAB President/CEO Gordon Smith with a Lifetime Leadership Award. TO REGISTER FOR THIS VIP EVENT IN NEW YORK, PLEASE CLICK HERE.

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Adam Jacobson

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