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The Bureau enters into a Consent Decree with WDGC-FM, School District #99

Stellar Media enters into consent decree to resolve political file investigation.

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On October 28, RBR+TVBR first reported that the company founded and led by Jeff Smulyan had earmarked as much as $5.2 million to invest in a long-awaited stock repurchase initiative — one intended to take up to two million Class A Emmis Communications shares out of public hands.

The stock buyback effort fell short of that goal, the company revealed on Monday.

Emmis’ cash tender offer expired at 5pm Eastern on Friday (11/19). And, based on the final count by tender offer depositary Broadridge Inc., a total of 1,027,494 shares of Emmis’ Class A common stock were properly tendered and not withdrawn.

What does this mean? With Class A common stock set by Emmis at a purchase price of $2.60 per share, it will move ahead with the purchase all of the shares tendered for an aggregate price of approximately $2.7 million — excluding fees and expenses relating to the tender offer.

he shares to be purchased represent approximately 8.5% of the issued and outstanding shares of Emmis’ Class A common stock and 7.5% of Emmis’ total issued and outstanding equity, which includes the issued and outstanding shares of Emmis’ Class B common stock.

The shares purchased in the tender offer will be cancelled by Emmis. And, after giving effect to the purchase and cancellation of the shares, Emmis will have 12,601,659 shares of common stock issued and outstanding consisting of 11,105,959 shares of its Class A common stock and 1,495,700 shares of its Class B common stock.

However, Emmis intended to cancel a higher number of shares in the tender offer.

It was the third transaction to involve a “unique” group of low-power TV construction permits, given their construction deadline. And, the deal was first announced in late August.

Now, Ravi Kapur has completed his acquisition of two digital mini-TV facilities from Mako Communications.

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On November 16, some of the radio industry’s biggest leaders gathered in New York to attend Forecast 2022. Little did they know that they were in perhaps the most underrated hub for AM and FM audio consumption in the United States. From Uber to Lyft, from retailer to sundry shop, traditional radio was alive and well. This leads our Editor-in-Chief to exclaim, “Can someone please alert Madison Avenue that New York loves Radio?!” Check out the newly updated Forecast 2022 Photo Gallery by clicking here now!

 

 

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NEW YORK —  Never More Than 2 Minutes of Commercials at a Time.

That was the pledge presented to listeners of the Alternative music station serving the nation’s largest market, implemented in August 2019 — well before COVID-19 and the pandemic led to advertiser cutbacks. And, it was a sign that Audacy Inc., was prepared to address the No. 1 listener complaint at its “ALT”-branded stations: the length of its commercial breaks.

Now, nearly 28 months after the “2 Minute Promise” even got its own hashtag, Audacy has abandoned it. The reason? Rising advertiser demand.

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Telos Alliance is highlighting Version 4.0 of its Omnia.11 software.

The company describes the new version as being cleaner and brighter, saying it “permeates open sound without a loudness penalty.”

Among its features is a new Silvio Clipper that provides “significant” sonic improvements for G-Force users and new presets for various multiple station formats to make the most of the new design.

Founder Frank Foti and Cornelius Gould will discuss these developments in an upcoming webinar on Dec. 1. The presentation will include interviews with users about the release’s capabilities.

The Omnia.11 is available in FM+HD with separate processing paths for FM or HD/DRM and FM without HD/DRM. The FM-only model is upgradeable to FM/HD at a later date.

The post Telos Highlights V4.0 of Omnia.11 Software appeared first on Radio World.

With Black Friday fast approaching, the holiday vibe is in full effect. For one retailer, that means dominating its ad category on both broadcast and cable television, the latest Media Monitors Spot Ten reports show.

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By Steve Newberry
Special to Streamline Publishing

Forecast 2022 was a great event. Seeing friends in person, gathering to hear industry influencers, and sharing ideas with colleagues felt wonderful! It was a slice of normalcy to the broadcast community that we’ve all missed since March of 2020.

While the social aspect of Forecast 2022 felt familiar, the business challenges facing radio and television broadcasters are far from normal. Digital revenue, D.C. policy battles with giant tech companies, the need for diversity and countless other topics are all impacting how we chart our future. In our previous “normal world”, these were seen as daunting obstacles for broadcasting’s future.

For far too long, our industry looked toward the inevitable changes to the media landscape as a looming threat. I’m criticizing myself as much as anyone. I loved how radio worked. I loved the margins. I felt like I had it figured out, and I really didn’t want to have to deal with a long list of new issues like podcasting, streaming, apps, digital sales, competition from the tech companies and…well, the list seemed to go on and on.

However, Forecast 2022 felt like a pivotal point in how broadcasting is approaching the future. Instead of frustration, objection to or denial of the challenges ahead, I heard optimism, strategic thought, and the embracing of new opportunities.

It seems, at long last, broadcasting is embracing the “new normal.”

There was excitement and energy around merging new business and distribution opportunities with our long-established and trusted brands. A realization broadcasters can do more than ever before. A fresh approach to taking traditional over-the-air signals, enhancing our familiar and trusted broadcast products with new delivery paths, and creating rich content. An approach that both deepens the relationships with our listeners/viewers while also creating exciting new revenue opportunities.

Panel after panel presented this new perspective throughout the day. Discussions about business growth, station valuations, diversity and revenue trends ALL had the same general theme. Radio and television broadcasting are strong industries with tremendous legacies of service. However, by embracing a different way of running our businesses, creating compelling content, and serving our communities, the future path is filled with opportunity for enormous reward.

It was great to be in-person at Forecast 2022 with so many colleagues. It felt terrific. But in reflection, what felt best about this year’s event was the sense of how those in the room have pivoted from defending threats to embracing opportunities. Broadcasting’s world is not back to “normal.” Instead, it appears broadcasters are now embracing a “new normal” with enthusiasm and a sense of opportunity.

I’m looking forward to Forecast 2023 and I’m really looking forward to broadcasting’s exciting new future. It will have its challenges, but the opportunities are endless!

Steve Newberry is CEO of Quu Inc. He was previously Executive Vice-President, Industry Affairs and Strategic Planning for the National Association of Broadcasters. He can be reached at snewberry@radioky.com

KIRO(AM)’s Jake and Stacy broadcast their mid-day sports show live from the emergency studio. (Photo courtesy FMEA Region 10 via Twitter)

In the event of a natural disaster or national emergency, Seattle’s KIRO(AM) is prepared to keep the public informed. The Bonneville International station is the latest station to upgrade its emergency broadcasting capabilities as part of the Federal Emergency Management Agency’s National Public Warning System (NPWS).

Based at the station’s Vashon Island, Wash., transmitter site in Puget Sound, the free-standing emergency studio is designed and hardened to withstand natural disasters and acts of terrorism. The upgraded facility was formally dedicated on Nov. 19. As part of the unveiling, KIRO mid-day hosts Jake Heaps and Stacy Rost originated their show live from the new emergency studio.

“It’s an honor for Bonneville Seattle to serve the community and we are proud to partner with FEMA. We share and salute the agency’s commitment to protecting the public,” said Bonneville International President Darrell Brown in a statement released by FEMA. “Radio is a lifeline, and the new studio and continued investment will ensure KIRO-AM 710’s resiliency during times of crisis when communication is vital.”

[Related: “FEMA Celebrates PEP Upgrade at Historic WBZ”]

Maintained under FEMA’s Integrated Public Alert and Warning System (IPAWS), KIRO is a Primary Entry Point (PEP) station — one of 77 across the country. PEP stations are specially designated NPWS broadcast stations that serve as the primary intake source of initial broadcasts for a national alert. Together, the 77 PEP stations provide coverage to 90 percent of the United States.

FEMA equips PEP stations, which are operated by local station personnel, with backup communications equipment and power generators, allowing them to continue broadcasting information to the public during and after an emergency, including conveying official alerts to communities regionally and nationwide.

KIRO is the 14th PEP station to complete the all-hazards upgrade, which included outfitting a hardened shipping container with a full radio studio, a 60-day supply of food and water, and sleeping and bathroom facilities, along with sustainable power-generation capabilities.

The island location of the site is not a problem for emergency readiness, according to Bonneville Seattle General Manager Cathy Cangiano. “The Coast Guard has standing orders to meet members of the KIRO staff at the Seattle waterfront and rush them to the Vashon transmitter site,” Cangiano told MyNorthwest.

Send news of engineering and executive personnel changes to radioworld@futurenet.com.

The post KIRO Unveils Upgraded Emergency Studio appeared first on Radio World.

Hubbard Radio is now a member of RadioDNS, the organization that promotes development of open standards for hybrid radio.

“We’re very much looking forward to supporting Hubbard as they develop their hybrid radio presence,” said RadioDNS Project Director Nick Piggott in the announcement. “They’re already doing some fantastic work with their hybrid radio systems, and contributing to development of new functionality.”

Piggott made the announcement with Jeremy Sinon, VP of digital strategy for Hubbard Radio, who was quoted saying, “As vehicle dashboards continue to evolve we recognize the importance of making sure our stations look as good as they sound. Working with RadioDNS is one of the ways we get there.”

Hubbard Radio is playing a role in the RadioDNS Technical Group.

Other broadcasters that are members of RadioDNS include iHeartMedia, Cumulus, Audacy, Beasley, NPR, Bauer Media, the BBC, ARD and others. RadioDNS also encourages manufacturers and service providers to participate.

[Related: “RadioDNS Welcomes Nielsen’s Gracenote”]

The post Hubbard Is on Board With RadioDNS appeared first on Radio World.

It’s a Class C 1kw AM radio station with an FM translator serving as the ESPN Radio affiliate for East Texas’ key Nielsen Audio-rated market.

Now, the facilities are being sold to a new owner, pending FCC approval of the deal.

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NEW YORK — Measurement of national television “in a more precise manner” is the promise Nielsen seeks to deliver by enhancing its Nielsen Individual Commercial Metrics.

This, the nation’s dominant audience measurement and consumer analytics company believes, will help transition audience estimates to a methodology based on individual ads — and not commercial minutes.

What does this mean for broadcast media AEs and sales pros?

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There are two huge users of Spot Radio that stand out, once again, in the latest Media Monitors Spot Ten Radio report.

For the week ending November 21, The Home Depot is the big No. 1 by play count, while job search portal Indeed is a strong No. 2.

Meanwhile, a new effort from cleaning tool Swiffer puts the product in the Spot Ten, as does a new effort from Wendy’s.

 

A TV channel solely devoted to environmental content has hired a new leadership team composed of industry veterans from Discovery, RIDE TV, Animal Planet and TLC.

The stated mission: to turn EarthxTV into “a globally recognized entertainment network catering to audiences increasingly attuned to issues affecting our planet.”

“We have an ambitious plan to expand development and distribution of EarthxTV into a powerful global entertainment and educational network, and I’m thrilled to welcome a truly talented leadership team to help us achieve our goals,” says Michael Fletcher, Co-CEO of EarthX.

Since its launch, EarthxTV now delivers hundreds of hours of programming with plans to aggressively increase its library of acquired and original series, films, and documentaries in 2022. The network is currently available at Earthx.tv, on iOS, and Android phones and tablets and through a growing list of OTT partners, including Roku, Apple TV, Firestick, and Google Play.

EarthX expects to announce traditional and digital 24×7 linear distribution deals soon. Helping its growth are the following new employees:

• Dan Russell is EVP of Content and Strategy for EarthX, “driving the acceleration of programming development and acquisitions for EarthxTV.” Russell’s experience in building multi-platform audiences and identifying new hit formats and personalities will enable EarthxTV to develop a slate of programming that resonates with current viewers and reaches new audiences around the globe. Russell has been a key part of multiple management teams responsible for launching and reformatting television channels in the US and internationally, including TLC, Animal Planet, Travel Channel, Discovery Health Channel, Velocity/MotorTrend, Discovery International, Poker Central TV (OTT/TVE), and now CuriosityStream (Linear/OTT/VOD). Before EarthX, he was VP of Channel Management at Curiosity Systems, launching the linear channel and digital/VOD offerings globally. He also served as SVP of Content Development at New Dominion Pictures.

• Rose Stark is SVP/Marketing for EarthX, overseeing marketing, social media, and communications for EarthX Expo, EarthxTV, and its annual EarthX Film Festival.  Stark has built and rebranded significant media enterprises, including Planet Green, Discovery Health, and TLC. Before EarthX, Stark spent more than 15 years at Discovery working on its global brands.

• James Levitt is EVP/Global Advertising Sales for EarthX, leading the company’s global sales strategy to expand opportunities for EarthxTV. Founder of Orama Advisors, he brings 30-plus years of experience across linear, streaming, CTV, OTT, and mobile platforms. Before EarthxTV, Levitt led global advertising sales for Ride TV. He also served as Senior Vice President of Advertising Sales at Discovery Inc.

• Mike Clark joins as EVP/Global Distribution, charged with expanding the availability of EarthxTV across digital and linear platforms globally. Before EarthX, Clark was at Ride TV, where he served on the board of directors and worked in numerous leadership roles, including VP operations, SVP Corporate Development, and EVP International Operations.

• Bryan W. Redd serves as Interim Chief Financial Officer for EarthX. Before EarthX, Redd was at Ride TV for over five years in various leadership roles including Vice President of Strategy.

• Tim Pirrello is SVP/Production for EarthxTV, leading the network’s creative, production, and post-production departments. A seasoned production professional, Pirrello served in a multitude of roles at AMS Pictures for more than 21 years, delivering hundreds of hours of television programming for networks including Discovery, HGTV, A+E, History, Food, Cooking, Lifetime, Bio, Showtime, WGN, TruTV and Reelz.

In this document, the Commission adopts several rule updates to reflect the conclusion of the incentive auction and post-incentive auction transition period. First, the Commission adopts a revised Table of Allotments (Table) to reflect changes to full power television channel allotments contained in the 2018 Post-Transition Table of DTV Allotments to codify Commission actions taken over the past several years that modified the DTV channel allotments reflected in the 2018 Table, primarily actions related to the incentive auction and repacking process authorized by the Spectrum Act. The Order also deletes or revises Commission rules that no longer have any practical effect given the conclusion of the incentive auction and post-incentive auction transition period, or that are otherwise obsolete or irrelevant.

From our “Who’s Buying What” page: KICY(AM) in Nome, Alaska, has a pair of new Nautel transmitters in service.

The station, licensed to Artic Broadcasting Association Inc., took delivery of a Nautel NX50 and NX10 AM in the spring.

General Manager Patty Burchell told Nautel the NX10 will serve as a backup. “Because of our remote location in western Alaska, when repairs are needed it often takes weeks to get parts. This backup transmitter assures we can stay on the air if repairs are needed.”

Demonstrating the wisdom of that, the station immediately put the NX10 to use in May when the NX50 arrived with a transformer that had been damaged in transit. The NX10 was put on the air until the replacement part arrived.

Nome is a small community of 3,500 more than 500 air miles from Anchorage; road access is not practical. The community is less than 200 miles from the Russia as a cold crow would fly.

Burchell told Nautel that the station “immediately noticed a greater clarity in the signal. We have heard reports from some listeners on the fringe areas of coverage, and they are receiving us loud and clear.”

Send announcements for Who’s Buying What coverage to radioworld@futurenet.com.

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