Headlines
Succession Planning for Radio Owners
About 30% (or about 460) of the commercial radio owners with an estimated $80 million or less in total revenue in the U.S. made their most recent acquisition or launched their newest station 20 or more years ago. Nearly 15% of these owners acquired/turned on their newest station 30+ years ago.
Has Scripps’ Symson Offered Local News’ Best Path To Reinvention?
E.W. Scripps President-CEO Adam Symson has laid out a bold way forward for local TV news to reengage with substance, backing it with investments and more reporters. Will the market let him stay on that path?
How Radio Builds Effectiveness for RMN Campaigns
The complementary effectiveness of radio’s always-on audience and retail media networks’ deep dataset
BIA
BIA Compiles First-Ever Hispanic Radio Directory
In a historic first, BIA Advisory Services has released the debut Hispanic Radio Station Directory, providing a comprehensive guide to radio stations in the United States that serve the Hispanic population.
Mergers & Acquisitions
Deal Digest: Best Week Of 2023 With Multimillion Dollar Sales In New Jersey, Michigan, And Texas
New Jersey – Efrain Muniz-Campos has filed a $12.6 million deal to buy regional Mexican “La Brava 1440” WMVB, Millville, NJ from Martin Muniz.
The Power Goes Out, And Sells Indiana Duo
A pair of FM radio stations in Indiana are being sold by The Power Foundation.
FCC
FCC Announces Disruptions to Universal Licensing System
Offers an extension for required filings during this time
Television
Nexstar Places Its Broadcast Network On Three O&Os
Nexstar Media Group on Wednesday confirmed that three of its owned and operated television stations will become affiliates of the broadcast television network it has majority ownership of — The CW.
Democratizing TV Advertising With AI: David Kline On Spectrum Reach’s Game Changer
For some, TV advertising is an expensive, labor-intensive prospect that takes a heavy investment on production as well as distribution.
David Kline thinks it could take minutes.
Radio
US Census Shows Hispanic Radio Is Key In Growth
The 2023 Hispanic Radio Conference opened with data showing just why Hispanic radio is not to be ignored.
Hispanic Radio Execs Weigh In On AM, 2024 Political
The Executive Roundtable at the Hispanic Radio Conference brought together industry leaders to discuss key topics and trends impacting the Hispanic radio landscape