Headlines
Economic Pulse: BIA’s Monthly Quick Take for June 2023
Recently I attended Radio Ink’s Hispanic Radio Conference in Miami. It was a phenomenal and inspiring gathering to talk about Hispanic consumers and how to reach, entertain and motivate them. I walked away from the conference reminded how powerful and impactful the Hispanic community is in the overall US economy and excited for the opportunities this under-advertised segment of the population represents for brands and SMBs.
Who's The Competition?
In a media entertainment and news world that continues to expand, local radio stations are discovering their competitive arenas are changing.
Mergers & Acquisitions
Palm Springs AM Pair, Cape May FM Sold
CRC MEDIA WEST, LLC is selling KXPS-A/THOUSAND PALMS, CA and KPSF-A/CATHEDRAL CITY, CA to NORMAN QUINTERO's TELEAMERICA TELEVISION NETWORK CORP. for $125,000.
Station Sales Week Of 6/23
The Lutheran Church – Missouri Synod purchases 104.5 K283CI St. Louis MO from Burt Kaufman’s 104 License LLC for $215,000.
FCC
This Week in Regulation for Broadcasters: June 26 to June 30, 2023
Here are some of the regulatory developments of significance to broadcasters from the past week, with links to where you can go to find more information as to how these actions may affect your operations.
FCC Report 6/25: Interference Complaint Leads To Penalty Proposed Against Accusing Station
An interference complaint filed by Sumarrase Inc.’s Caribbean “Suga 95.7” WSGD-LP Lehigh Acres FL against Fort Myers Broadcasting Company’s W239CL Golden Gate has ended with a $2500 fine against the LPFM being proposed.
Television
FCC Modifies ATSC 3.0 Rules to Ease the Transition to NextGen TV
The new order extends similar rules regarding multicast licensing and A/322 standard through July 17, 2027 and seeks comments on the marketplace for 3.0 patents
Radio
Is AM Radio Dying? Not Any Time Soon…
Radio World’s “Guest Commentaries” section provides a platform for industry thought leaders and other readers to share their perspective on radio news, technological trends and more.
As Support For AM Builds In Congress, Lawmakers Keep Pressure On Car Industry
Congress continues to keep the pressure on the auto industry in the fight to keep AM radio in vehicle dashboards. Senators Ted Cruz (R-TX) and Ed Markey (D-MA) sent letters to seven carmakers on Friday, urging them to stick with AM after previously announcing plans to drop it as a feature.
CTV/OTT
FTC Proposes ‘Click-to-Cancel’ Online Subscription Rule
Follows lawsuit filed against Amazon over Prime auto-renewal