Industry News

WASHINGTON, D.C. — It’s little secret that they are very much against the “Build Back Better” reconciliation package passed on a party-line vote by Democrats. But, two leading Republicans on the powerful House Energy & Commerce Committee are disgusted over what they perceive is an “unprecedented influx of funding” to the FCC.

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The RBR+TVBR InFOCUS Podcast, presented by dot.FM, continues to attract new listeners.

And, if you’ve never heard one of these audio reports hosted by Radio + Television Business Report Editor-in-Chief Adam R Jacobson, now is your chance to tune in and catch up on what your peers have been listening to.

Since October 1, thousands of industry leaders have downloaded our podcasts. But, which one has attracted the most listeners?

Introducing Michael Lee, LPTVBA Executive Director.

In this InFOCUS Podcast, Lee offers a comprehensive update on why his organization seeks passage of the “Local Journalism Sustainability Act” as low-power television stations attract buyers ranging from The E.W. Scripps Co. and Gray Television to entrepreneurs including LPTVBA founder Frank Copsidas and South Asian TV programming specialist Ravi Kapur.

It’s the most-listened-to podcast since it was first distributed October 28!

Listen to “The InFOCUS Podcast: Michael Lee, LPTV Broadcasters Assn.” on Spreaker.

In mid-February 2021, Audacy Inc. shares were priced at $6.26 per share, swiftly rising from a $2.80 per share price seen in early January.

By mid-March, a slow and steady deceleration for the company’s NYSE-traded stock would commence. By November 1, AUD seemingly seemed content on staying in the mid-$3 range.

With Thursday’s Closing Bell on Wall Street, Audacy’s shares have now retreated to where they sat on January 4.

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NEW YORK — Across the third quarter of 2021, broadcast media executives touted their performance and what they bring to consumers and advertisers in conference call after conference call for analysts and investors to digest.

But, what about the broadcast companies that aren’t publicly traded — in particular the small to mid-sized players that continue to enjoy strong cash flow and boast low leverage levels? Forecast 2022 was the exclusive home for such a discussion, with The Cromwell Group‘s CEO joined by the owner of WISH-8 and WNDY-TV in Indianapolis, JVC Broadcasting‘s President/CEO, Lilly Broadcasting‘s CEO and noted broker and licensee Larry Patrick all participating.

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A little lamb of a television station may be roaring like a lion, thanks to a Notice of Apparent Liability for Forfeiture handed to its owner by the Video Division of the FCC’s Media Bureau.

A similar NAL, one double in value, was also handed out to Eastern Florida State College.

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Following close examination of new COVID protocols from the Dutch government and consultation with key IBC stakeholders, IBC2021 recently declared that it is “firmly set” on delivering a safe and valuable event in Amsterdam from December 3-6.

That has not stopped the flow of technology companies, which include some of broadcast media’s bigger suppliers, from pulling out of the biggest event outside of the NAB Show for the global radio and telecommunications industries.

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Until now, it has been a Canton, Ohio-market Class A offering Christian Talk & Teaching programming as “The Light.”

Soon, the light will be extinguished, and is poised to be flooded with a little love, or some rarefied air.

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The National Association of Broadcasters (NAB) Leadership Foundation elected Tony Coles of Black Information Network and iHeartMedia, Paul J. Curran Jr. of Cox Media Group (CMG) and Melody Smalls of Allen Media Group, Inc. to serve on its Board of Directors.

“We are excited to welcome three outstanding individuals to the NAB Leadership Board and are grateful for our Board’s guidance as we work to develop leaders, advance diversity and highlight the community service initiatives of our industry,” said Darrell Brown, chair of the NAB Leadership Foundation and president of Bonneville International/KSL Broadcast Group.

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“We want to thank the new members for their willingness to serve and look forward to their insights as we continue to expand our programs and prepare the next generation of industry leaders,” added Michelle Duke, president of the NAB Leadership Foundation.

Tony Coles, president of Black Information Network (BIN) and iHeartMedia’s division president of Metro Markets, has more than 35 years of experience in the radio industry. He joined iHeartMedia in 2004 and has held various on-air, programming and management positions across the country. Most recently, Coles served as the executive vice president of programming for the company’s West region. In his current role, he oversees profitability for 21 iHeartMedia markets.

Send your people news to radioworld@futurenet.com.

The post NAB Leadership Foundation Adds Three New Board Members appeared first on Radio World.

NEW YORK — The “No Hispanic Dictate.” It still rears its ugly head, and for Jason Hall, EVP of Advertising Sales at Estrella Media, Hispanic Buying Power doesn’t equate to the 3%-4% of total advertising investments being placed on U.S. Hispanic media in 2021.

“There’s a lot of brands that still don’t get,” added Isabel Rafferty, CEO at Canela Media.

Both Hispanic market leaders participated in a prerecorded virtual panel presented Thursday as part of the Hispanic TV Summit produced by Joe Schramm for the Virtual Fall TV 2021 event.

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NEW YORK — Just in time for the holiday shopping season, Pearl TV — the business organization led by Anne Schelle representing U.S. broadcast television companies — has shared the first images of an upcoming NEXTGEN TV holiday brand marketing campaign.

For Pearl TV, the effort is designed to “deepen consumer awareness and engagement.”

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