Industry News

How have investors reacted to Audacy‘s EPS miss in the second quarter of 2021?

They weren’t kind. In heavy trading on Monday, the company formerly known as Entercom saw its stock value plummet by 11% from Friday’s closing price.

Yet, the drop in price only continues a trend that began in mid-March. Since then, Audacy shares have shed 51.4% of their value.

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A veteran journalist who joined CBS News in 2019 as Managing Editor of its weekday offering CBS This Morning has been selected to serve as the Sr. VP of Standards and Practices for ViacomCBS’s CBS News and Stations Group.

It’s a new role, in which she will help determine CBS News’ editorial standards “and ensure they are being maintained” across the news department, the over-the-air TV stations, and digital platforms.

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Since Friday’s Opening Bell on Wall Street, iHeartMedia shares are down nearly 20% in value.

Why? A diverse array of analysts’ estimates and stock target prices could be a reason for the volatility.

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One of the most familiar radio brands in big-market U.S. news radio now has an online Spanish version. Audacy has launched “1010 WINS Noticias.com.”

The company described is as a multiplatform digital audio offering that includes a dedicated website.

[Read: Audacy Recaps Q2 Earnings]

“The site will deliver the same energy, resources and trusted content for news as 1010 WINS, providing original content, audio and video podcasts and a daily newscast for download — all in Spanish,” the company said.

The announcement was made by Brand Manager Ben Mevorach of 1010 WINS.

“1010 WINS Noticias will also aim to create a unique value proposition for advertisers through multiple opportunities to reach consumers, included co-branded targeted social media posts, mobile app display ads and custom email newsletters, as well as homepage takeovers,” Audacy announced.

 

The post WINS(AM) Adds an Online Spanish Version appeared first on Radio World.

Five years ago, ad buyers weren’t too impressed with radio’s digital prowess. Today, Gordon Borrell of Borrell Associates has a wholly different story to share.

“Today, radio sales reps are as apt to be considered as digitally savvy as any other.”

In fact, Borrell declares, Radio has gotten its “Digital Mojo.”

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It may have a fresh retransmission consent battle on its hands with Sinclair Broadcast Group. But, that’s nary a worry for DISH investors.

The direct broadcast satellite company making significant inroads in the cellular services and 5G world beat Q2 2021 earnings per share estimates by some 17 cents. DISH also beat Wall Street predictions on Q2 revenue.

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On the same day that DISH released a sterling second quarter 2021 earnings report, the direct broadcast satellite company diving into the mobile phone and 5G universe isn’t playing nice with one of the nation’s biggest broadcast TV station owners.

That’s at least Sinclair Broadcast Group‘s side of the story, as it prepares to see its stations face a “blackout” on DISH’s local lineups in the absence of a new retransmission consent agreement.

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Comscore will soon begin incorporating YouTube and YouTube TV measurement into its Comscore Campaign Ratings service — a move that builds on Comscore’s partnership with Google to help build the next generation of YouTube measurement without third-party pixels.

The arrangement, Comscore notes, will also help it offer marketers a deeper understanding of how audiences are consuming content on YouTube and YouTube TV across desktop, mobile, and, with this integration, connected TV (known outside of Canada as “CTV”).

Comscore Campaign Ratings provides advertisers and agencies with a deduplicated view of reach and frequency across linear TV, OTT/CTV, PC and Mobile inventory. This includes measurement for co-viewers on OTT/CTV. The new capability announced today, Comscore believes, “will pave the way for advertisers and agencies to understand combined co-viewing for YouTube and YouTube TV across OTT/CTV as well as incremental reach to their linear TV buys, providing total cross-platform ad measurement.”

Comscore adds that the addition of YouTube and YouTube TV will enable one of the largest advertising sources for modern cross-platform measurement. As previously published by Comscore, more than 80% of CTV reach in the U.S. falls on only five streaming services — and only two are ad-supported.

“People are watching more YouTube than ever — on mobile, on laptops, and especially on our fastest growing screen, the TV, and we want to ensure advertisers can measure their reach across all devices with third-party partners like Comscore,” says Debbie Weinstein, Vice President of Global Solutions at YouTube. “We also know people are choosing to watch their favorite YouTube content on connected TVs with others, and the inclusion of co-viewing in this new integration will allow advertisers to understand the full scale of the audience they’re able to reach through YouTube CTV campaigns.”

Comscore CEO Bill Livek added, “This is a critical milestone for Comscore and for the industry. Our clients are placing a large portion of their advertising spend with YouTube, and they need a holistic view of how that spend is performing relative to the entire media mix. We’re confident that clients using Comscore Campaign Ratings will have the most complete picture of advertising performance in the market.”

We told you recently about the introduction of an audio utility app called AudioLogger to the U.S. market. Now Benztown has signed an agreement to market and distribute it.

The company announced its relationship with Tracy Johnson Media Group, under which it will market and distribute AudioLogger to U.S. radio stations.

The app makes it easier for stations to repurpose audio for various applications. It was developed by broadcaster Alain Claise in Belgium. Tracy Johnson says it is used on approximately 250 stations.

[Read our interview with Tracy Johnson]

“With AudioLogger, all station staff can instantly access, manage and share audio for any station in the world,” the companies said in a release.

“Broadcasters can access audio for airchecks. The sales team can send proof of performance audio and live reads to advertisers without filling out a production request. And stations can even convert any audio segment into attention-getting videos to post online with just a couple of clicks.”

They highlight the app’s dashboard and the fact that it can monitor other stations in their market or company or elsewhere. Users can also export music logs and playlists, which, the companies said, “could replace expensive music monitoring services.”

Benztown also offers audio imaging, production libraries, voiceovers, programming, podcasting and jingle production, and has a major syndication arm as well. The company was co-founded by audio veterans Andreas Sannemann and Oliver Klenk of Germany and Dave “Chachi” Denes of the United States.

 

The post Benztown to Distribute AudioLogger in U.S. appeared first on Radio World.

In 2020, for the first time, the Radio + Television Business Report offered readers the opportunity to submit their nominations and vote for the individuals who have demonstrated leadership excellence at the local level — serving as the stewards of sales and on-air operations that deserve national recognition. Now, RBR+TVBR is pleased to accept your nomination for the Top Local Leaders of 2021. There’s limited time for your vote, however. PLEASE TAKE THREE MINUTES NOW TO SUBMIT YOUR BALLOT. Voting ends August 20, 2021 at 5PM Pacific/8PM Eastern.