Headlines
Political Spending Begins In House Races Where Both Sides Think They Could Win
There is still no sign of the political ad market slowing down as spending continues to pace well ahead of what was allocated to ad buys at this point during the prior presidential election cycle. The political ad tracking service AdImpact says $564 million was spent through Aug. 4. That is well ahead of the $293 million that was spent at this point four years ago.
Saga To Launch Online Newspapers Across Its Footprint
Katie Gambill, who developed Clarksville Now, an online newspaper for Saga Communications’ Clarkesville, TN cluster, has been promoted to the newly created position of Director of Online News Brands for the company. Under her leadership Saga says the Clarksville cluster experienced “exponential growth” in its online audience and engagement with the Clarksville community. Now Saga is deploying this product across its entire footprint.
With Deals In Boston And Phoenix Imminent, Audacy Says It’s Still Talking To Lenders.
Audacy says it remains in compliance with the agreements it has signed with lenders, but looking ahead to the coming year radio’s second-biggest group remains doubtful that it will be able to stay there.
Mergers & Acquisitions
Gary Fisher Equity Sells Four Atlantic City Signals To iHeart
iHeartMedia has announced an agreement with Gary Fisher’s Equity Communications to purchase four broadcast radio stations in the Atlantic City, NJ market.
An Involuntary Transfer Of Half Ownership For A Maine FM
A 50/50 partnership of a 50kw Class B FM serving Ellsworth, Me., is changing.
‘The Voice of Bibb County’ Is Sold
A 1kw daytime-only AM that must power down at night to protect WBT in Charlotte, along with its all-important FM translator, are being sold.
FCC
FCC Launches Technical Inquiry Into Using AI and Other Tools to Manage Spectrum
FCC chair says new tools could turn "spectrum scarcity into abundance."
Television
With No New TV Deal Expected; Five More Schools Have Left The Pac-12
Over the past week a number of schools have left the Pac-12 conference to join either the Big Ten or Big-12.
Radio
A QSR Triumph Is A Spot Radio Win
The Quick-Service Restaurant (QSR) competition is hotter than ever, and the summertime months are big for “fast food” brands. Yet, one stands out in a significant way when it comes to spot radio activity.
Verticals
Car incentives increase in July
Incentives averaged $2,151 per vehicle last month, according to Motor Intelligence, with EV startup Lucid Motors leading the way with $12,907 on the Air sedan.
Sales
Three New 'Coats Of Paint' To Refresh Your Station
You should regularly consider what opportunities you might have to add a new coat of paint to refresh your brand.
5 Best Practices to Motivate Your Sales Team to Achieve Goals
If you're looking to motivate your sales team, here are five best practices that will help you make a difference.