For a second consecutive day, radio stocks are enjoying something of a rally on Wall Street. After jumping 2.4% on Monday, Beasley Broadcast Group rose another 2.3% Tuesday to close at $10.95. Cumulus Media, which has been in a serious stock slide and has fallen out of compliance with NASDAQ’s minimum listing threshold, improved 3.6%..
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Radio Groups Enjoy Second Day Of Wall Street Winnings.
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We’re only human, after all, and radio connects us
Hundreds of broadcasters and music executives from around the world recently united at the Worldwide Radio Summit in Hollywood, California. I was invited to speak with peers on the complicated relationship between science and art. The panel included key industry leaders including Kurt Johnson, senior VP of programming at Townsquare Media; Michael Martin, senior VP..
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New time slots for presenters, the one and only Darren Simpson.
After 13 years on 947 breakfast radio, Darren Simpson will move to the afternoon drive and Anele Mdoda will take over the breakfast show. Darren made the announcement on the Breakfast Xpress, noting that he has spent 18 years of his radio career on breakfast radio, and it is time for a lifestyle change and..
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Primedia Broadcasting rolls out strategy with more line-up changes
Primedia Broadcasting has continued to roll out strategic changes to its station line-ups with new announcements for KFM and 947. In a statement, company CEO Omar Essack explained the reasons for the changes. “We acknowledge that there have been multiple changes across Primedia Broadcasting stations since the beginning of the year, and we want to..
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ESPN Radio Abruptly Yanked In Pensacola.
First, station ownership notified employees that the company was “ceasing operations” for “1450 ESPN” WBSR Pensacola on Wednesday (May 31). And then, quite abruptly, the station was taken off the air, according to the Pensacola News Journal. The station had been an ESPN Radio affiliate since June 2011 after flipping from AC under the ownership..
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Motel 6 Again Shines Brightest At Radio Mercury Awards.
“We’ll leave the light on for you.” That iconic slogan shone brightly at the 26th annual Radio Mercury Awards, with The Richards Group winning the $50,000 Best of Show award for their Motel 6 Campaign. The 15 victors were announced at the awards presentation at Stage 48 in New York Thursday evening. “The Motel 6..
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Magic828AM and The Media Connection join forces for what can only be a dazzling combination!
Broadcasting from Mowbray, Western Cape, Magic828am is an independent medium wave commercial music radio station, broadcasting to Cape Town and the entire Western Cape region. The studios are situated in Golf Park, Pinelands, Cape Town, with a transmitter situated at the centre of a geographic triangle with Paarl, Durbanville and Malmesbury as the three corner..
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Stolz, Citing Colbert, Questions CBS Radio Spinoff.
CBS is pushing back against an attempt by California radio station owner Ed Stolz to use recent comments by “The Late Show” host Stephen Colbert about President Trump to derail the company’s sale of CBS Radio to Entercom. Stolz says the May 1 “Late Show” broadcast raises questions about whether CBS has the basic qualifications..
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IHeart Signs On For CMT Music Awards Alliance.
iHeartMedia and CMT have announced an alliance where the radio group will serve as the official on-air broadcasting partner for the fan-voted 2017 CMT Music Awards on June 7. iHeart will simulcast the telecast from Nashville’s Music City Center on 120 of its country radio stations. In addition, Premiere Networks will provide those stations and..
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‘Coyote’ Lands Raider Nation With Vegas Broadcast Rights.
Beasley Media Group Las Vegas has landed the local broadcast rights for the NFL’s recently relocated Raiders. Raider Nation extends into Vegas with preseason and regular season games broadcast by country “102.7 The Coyote” KCYE and “NewsTalk AM 720” KDWN beginning with the 2017-18 season. The two-year agreement was negotiated by Compass Media Networks, who..
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