A low-power television station serving the city of Redding, Calif., is being sold. Who's the buyer? Look no further than the individual behind prolific LPTV operator Lowcountry 34 Media.
Brace yourselves. Cumulus Media has decided to release its third quarter earnings report prior to the opening bell on the first Friday of November. Could this portend some not-so-pleasant results for the company led by Mary Berner?
It says it is the radio operation "with the power of heaven" and holds four construction permits for new noncommercial FMs across Nevada, California and Utah, respectively. Two of those CPs are mutually exclusive, and the FCC was asked to resolve the matter. The result? Three of the remaining four CPs are going to Remanente Broadcasting Network.
The Financial Services category is a ripe one for media advertising dollar growth. For the week ending October 20, one banking brand greatly stood out among the rest when it came to the amount of spots shown on cable TV channels tracked by Media Monitors.
The S&P Global Market Intelligence Radio & TV Annual Outlook for 2024 is out, and the conclusion is simple: political advertising, at a record level, is helping to send total advertising revenue for the year up by some 9.3% from 2023. Minus those election-focused dollars, however, core ad categories aren't so active.
He began his career at KBRG in San Jose, Calif., some 50 years ago and in the 1990s teamed with Amador Bustos as VP of Programming for Z Spanish Radio, a pioneer among regional Mexican-focused Hispanic-owned broadcast media companies. Now, the industry is pausing to remember Homero Campos, who has died.
It's a transfer of control request that the FCC will likely give its swift approval for, as it involves a shift in ownership from father to daughter. And, when all is said and done, Laura Graham O'Shaughnessy will hold 42.5% of the Class A voting shares and nearly 11% of the Class B shares in the parent of the entity whose flagship property is known as "LOCAL 4" in Detroit.
What's coming for broadcast radio and television in the year ahead? The Forecast 2025 Executive Super Session offers the best take on whether storm clouds are on the horizon or if seeds for growth will spring in a few months.
RBR-TVBR
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