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Despite Lower Rates, SESAC Claims Victory, Why Callahan Disagrees With Radio Ink’s Chairman
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Radio Ink - Radio's Premier Management and Marketing Magazine
Eric Rhoads - Chairman
Deborah Parenti - Publisher
Ed Ryan - Editor-in-Chief
Brida Connolly - Managing Editor
Adrian Zupp - Reporter
 
Radio Headlines For Tuesday 8-1-17
 
The Radio Music License Committee says, following an arbitration proceeding, all RMLC-represented stations were awarded a more-than-60% discount off the SESAC radio station license rate card. The fee reduction applies for the license period January 1, 2016 through December 31, 2018. The RMLC says radio stations will receive a combined credit worth tens of millions of dollars. [read more]
 
 
Even though SESAC acknowledges the money it will receive from radio will be less than it was before the arbitration, the PRO is still claiming victory. The RMLC says the information SESAC is spreading is misleading. Here's why. [read more]
 
Thom Callahan is the President of the Southern California Broadcasters Association. Callahan did not agree with the recently published column by Radio Ink Chairman Eric Rhoads called "Radio Without Madison Avenue." In the piece, Rhoads stated that Madison Avenue advertisers are mostly not enamored of radio. Here's Callahan's response... [read more]
 
Overall, Beasley reported Q2 revenue of $61 million, up from $27.8 million a year ago. However, that increase includes the addition of the Greater Media stations which Beasley did not have a year ago. On a pro-forma basis, net revenue was down 3.3%. CEO Caroline Beasley said the decline was due to less political spending, a decline in national revenue, and specific integration-related issues. [read more]
 
 
For the second quarter of 2017, Pandora's advertising revenue came in at $278.2 million with total revenue coming in at $376.8 million, a 10% increase over 2016. Total paid subscribers increased from 3.93 million in Q2 2016 to 4.86 million in Q2 2017, an increase of 24%. Listener hours were down in the quarter. Here are those details... [read more]
 
The company reported it lost $275.1 million compared to a net loss of $76.3 million in the same quarter last year. That number includes a goodwill impairment charge to reflect a one-time write-down related to the net assets of Ticketfly and other one-time expenses related to a financing transaction. Adjusted EBITDA was a loss of $54.3 million, compared to a loss of $25.1 million in the same quarter last year. [read more]
 
Make that 14 weeks in a row as radio's number one advertiser according to Media Monitors. The Home Depot aired just over 49,000 commercials on radio stations all over the country last week. GEICO held on to the number two spot (43,145), followed by Lowe's (32,650), Discover Card (28,126) which was up to fourth from 19th, and JC Penney (27,086). [read more]
 
RCS
 
The new Sports Radio 1230 The Zone will include Sports Talk programming, NFL games, the Miami Marlins, Florida Gators basketball, the 2018 Winter Olympics, college sporting events including football, the NCAA Final Four, and March Madness. The previous format was News/Talk. Here's the lineup of sports talkers for the new station. [read more]
 
ABC Radio and Skyview Networks have agreed to an early extension of their content, ad sales, affiliate sales, and audio distribution agreement. This renewal runs through 2026. [read more]
 
KOA Newsradio's Steffan Tubbs was arrested for domestic violence disturbance via phone on Sunday. The police report says Tubbs is accused of repeatedly calling the victim and sending her harassing voice, video and text messages, using vulgar language with intent to annoy the victim." Tubbs has been with KOA in Denver for 12 years. [read more]
 
Roula Christie who hosts The Roula and Ryan Show on Cumulus’ KRBE-FM in Houston. The MIW Airblazer award is given annually to an on-air personality and stems from an alliance formed in 2015 between the MIW Radio Group and Talentmaster's Morning Show Boot Camp. [read more]
 
 
Travis Moon is the new PD for Country station KUBL-FM/K-Bull 93 in Salt Lake. It's a return to KUBL for Moon, who was afternoon host, APD, and Music Director for the station earlier in his career. Moon joins the Cumulus station from KAJA-FM (San Antonio), KASE-FM and KVET-FM (Austin), where he was Director of Country Operations/Afternoon Drive for iHeart. [read more]
 
iHeartMedia Phoenix announced today that Vinnie Del Rosso has joined 99.9 KEZ’s Beth and Friends morning show as a new on-air talent and executive producer. Del Rosso will serve as an on-air counterpart to the longest-running morning show host in the Phoenix market, Beth McDonald. He will also be the show’s executive producer. [read more]
 
Futuri Media has announced three key additions to its team: Chris Huneke, Alison Stubbendieck, and James Hunziker. All three new hires are based in the company’s new Cleveland-area headquarters. [read more]
 
Our thanks to Kirk Keller for this outstanding Blast From The Past from 1981. Kirk started his career at KDMO-AM in Carthage, Missouri at age 16. He started as a weekend announcer and worked at the station for 11 years. Today, Kirk works for Flagler Broadcasting in Palm Coast, Florida as the D.O.S. and you can reach out to him at kirkkeller@hotmail.com and Send us your old studio photos to edryantheeditor@gmail.com [read more]
 
Does your company or station have a news item you'd like us to run in our morning headlines? Do you have a news tip we need to investigate? Is someone being promoted at your station you'd like to recognize? Send all the details to Radio Ink Editor Ed Ryan at edryantheeditor@gmail.com [read more]
 
 
 
 
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