Headlines
Radio Deals Totaled $60M During First Half, With Station Supply Said To Be Growing
The radio deal market continued to hum along at a slow but steady pace during the first half of the year. BIA Advisory Services says 216 radio station sales were announced between Jan. 1 and June 30, with a total value of $60.1 million.
Facing A Rough ’25, GMs Must Demonstrate Their Leadership Quality
General managers have a profound impact on their stations’ trajectories in what they project in times of crisis. They must be especially aware of that in 2025’s dire straits.
Mergers & Acquisitions
3 Towers Broadcasting To Acquire Kokomo Trio
Hoosier AM/FM is selling its trio of stations in Kokomo IN to 3 Towers Broadcasting.
Radio
BIA: ‘A Lot Of Positives’ With Radio
A BIA Advisory Services webinar on local ad spend at midyear includes several encouraging takeaways for traditional and digital radio. In short, there are growth opportunities in the current landscape.
Broadcasters Resist FCC's Mandatory DIRS Proposal Efforts
Radio operators are joining the National Association of Broadcasters in contesting an FCC proposal that would require broadcasters to file reports in the Disaster Information Reporting System and the Network Outage Reporting System during emergencies.
Media
Broadcasters To Take On AI Police-Like Role In FCC’s Plan For Political Ad Disclosures.
In a rule-making decision advanced along a 3-2 party-line split last week, the Federal Communications Commission is considering rules to require the disclosure of any radio or TV ad using artificial intelligence in its creation. Lost so far in the conversation is the AI police-like role that every broadcast station will need to take on when approaching political advertisers.
FCC
Update on Expansion of Foreign Government Sponsorship Certifications to Issue Ads – Apparently Not Effective on August 15
Last week, we wrote about the impact of the FCC’s decision to standardize certifications from program buyers verifying that they are not representatives of foreign governments – and the accompanying decision to expand that requirement to political issue advertising and paid PSAs.
This Week in Regulation for Broadcasters: July 22, 2024 to July 26, 2024
Here are some of the regulatory developments of significance to broadcasters from this past week, with links to where you can go to find more information as to how these actions may affect your operations.
CTV/OTT
Three of Five CTV/OTT Advertisers Plan Ad Spending Increases
The average increases will be by 21% according to a survey from Advertiser Perceptions and Premion