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Tuesday Morning, February 14, 2017. Volume 34, Issue 31 – HTML Version
Could Subcap Quash Kill AM Stick Value?
With Valentine's Day upon us, there's a new love for media ownership being seen as the FCC's Spectrum Auction chugs to its conclusion. There have also been kudos of new FCC Chairman Ajit Pai from all sides of the broadcast media industry, even as editorials appearing Saturday in The New York Times and The Washington Post panned Pai over his perceived view of net neutrality elimination and lifeline regulations, respectively. For deal makers such as Media Services Group's Eddie Esserman, the climate for transactions has warmed considerably. Is stick value still a topic of discussion among brokers and potential buyers? Yes, it is, he says. In fact, it is of critical concern for another broker whose worries are exacerbated by the very thought of one possible change Pai hasn't commented on yet: The removal of local ownership limit subcaps. More ..
Colonial Media + Entertainment's WJXY-FM 93.9 in Conway, S.C., which serves the Myrtle Beach market, at 3 p.m. yesterday debuted a Country format featuring "Today's New Country and Yesterday's Throwbacks." Learn more about WJXY and Colonial in our latest RBR + TVBR INFOCUS report by clicking here.
NYMRAD: A Strong Second Half For Ad Dollars
The New York Market Radio (NYMRAD) "State Of The Market" report for the final two quarters of 2016 is now complete, and Gotham's AM and FM radio stations enjoyed a healthy six months. The key takeaway: There were 80 advertisers new to N.Y. Radio in the second half of 2016, and nearly 200 advertisers more than doubled their market ad spend, NYMRAD reports. More ..
Do You Recognize Your Dollar Challenger?
Times have changed for the radio industry's owners and managers. In fact, you may not recognize the No. 1 competitor for ad dollars. Is it the MVPD in your market, like Comcast Xfinity or Altice USA's Optimum or Charter's Spectrum? Perhaps it is a mobile app, or even the local newspaper that has developed digital services in ways even your local TV stations haven't. Mark Fratrik, VP and chief economist at BIA/Kelsey, has developed an analysis of today’s competitive landscape for radio, with details on who is including radio in their media buys and which brands are using local and national buys to reach consumers. More ..
The Home Depot Makes A Comeback
In last week's Media Monitors Radio Spot Ten report, GEICO remained at No. 1. iHeartRadio held on to No. 2 while ProFlowers rose to No. 3. Zooming into the Top 10 is the nation's leading home improvement retailer. More ..
Shalom! A New TV News Option Arrives
In an era of "fake news," trust is perhaps the No. 1 issue of concern among consumers seeking an information source that is unbiased and truthful in its reports. Can a new entrant to the U.S. market, with its global headquarters in Israel, do what Al Jazeera America failed to do while trying to steer clear of chatter over cloudy coverage, which has impaired both Russian government-funded RT and Beijing-controlled CCTV America? Patrick Drahi, the founder and controlling shareholder of Dutch global media giant Altice N.V., certainly thinks so. That's why i24 News saw its stateside debut yesterday via Altice USA's Optimum systems across the U.S. More ..
Sinclair Station Sees Union Decertification
Sinclair Broadcast Group on Monday let it be known that its employees at an NBC affiliate serving Wheeling, W. Va., has chosen to de-certify the Local IBEW Union. When contacted by RBR + TVBR, an IBEW Local 246 representative declined to comment on the vote. More ..
Boost Mobile Cranks Up Their Spots
In last week's Media Monitors TV Spot Ten report, GEICO jumped up a notch to No. 1. Progressive ascended to No. 2 while McDonald's slipped to No. 3. Sitting at No. 6 is the pay-as-you-go wireless brand Boost, which surged into the Top 10 along with a big auto dealer association. More ..
Kay Jewelers Takes Second Place
In last week's Media Monitors Cable Spot Ten report, GEICO held steady at No. 1. Kay Jewelers climbed to No. 2 on the strength of Valentine's Day ads, while Credit Karma rose to No. 3. More ..
Intelligence Brief Reforming The FCC: From Engineering To Ecosystems
Mark Jamison, one of three American Enterprise Institute scholars selected by President Trump to oversee the FCC's transition from former Chairman Tom Wheeler, recently posited that the Commission could be transformed into a more effective regulatory body by replacing its current network-centric wireline and wireless silos with a function-based structure, featuring bureaus of economics, engineering, competition and consumer protection. Bronwyn Howell, a Visiting Fellow with American Enterprise Institute's Center for Internet, Communications and Technology Policy from New Zealand, has chimed in on Jamison's thoughts. In her view, the economics and engineering bureaus would concentrate on analysis. The competition and consumer protection bureaus would be consumed with monitoring and enforcement. More ..
National Player Converts LMA To Buy Alpha Media is making an expected move in a former Digity market by acquiring a pair of big Class B AMs from its LMA partner. Meanwhile, a station placed in a divestment trust nearly four years ago is returning to its original owner, Cumulus Media. More ..
Radio's Top Two Slide On Healthy Monday
Wall Street enjoyed a positive trading session on Monday, as the Dow Jones Industrial Average improved 142.79, to 20,412.16. The Nasdaq Composite climbed 29.83, to 5,763.96. Among the key gainers was Saga Communications, which improved 95 cents, to $51.15. Spanish Broadcasting System continued its rebound with a 3-cent improvement, to $1.68. At Beasley Broadcast Group, shares increased by 75 cents, to $10.65. However, the radio industry's leading companies struggled in Monday's trading, with iHeartMedia falling 6 cents, to $1.09, and Cumulus Media dipping 6 cents, to $1.04. More ..
The RBR Radio Index rose 1.876, or 0.31%, to 610.330. The TVBR Television Index rose 0.641, or 0.06%, to 997.255.