Thanks to exceptional growth in its digital segment, Entravision Communications Corp. stock has enjoyed a six-month surge.
Entering Christmas Eve 2020, shares were priced at $2.70. As of midday trading on Tuesday (6/15), EVC is up 104% since then.
That has Zacks Equity Research asking if it is time for investors to cash out.
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Until now, it’s been mainly known for its conservative Talk radio stations, Christian-themed radio programming including music-oriented “The Fish,” and a publishing arm that finished 2020 strong.
Now, Salem Media Group‘s sales division has formed an entity focused on “connecting brands with the fans of leading Christian social media influencers.”
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The Radio Mercury Awards have announced the 2021 Final Round Jury.
The incoming panel of top-level agency creative leaders represents radio’s top advertising categories, including automotive, consumer packaged goods (CPG), communications, community service, education, financial services, nonprofits, quick-serve restaurants, retail, spirits, technology, travel and utilities.
The jury, curated with the help of 2021 Radio Mercury Awards Chief Judge Robin Fitzgerald, the Chief Creative Officer at BBDO Atlanta, is comprised of “thought leaders from across the country and represents all size markets with diverse audiences and cutting-edge creative work for advertising’s biggest brands,” the RAB says.
Listed below is the 2021 Radio Mercury Awards Final Round Jury:
To find out more information regarding the 2021 Radio Mercury Awards and enter, please visit www.radiomercuryawards.com.
“Despite some past speculation, LP-250 is not dead in the water. We are just starting over with a new plan and a different commission.”
That’s the assessment of Michelle Bradley, founder of REC Networks, on the topic of a possible power increase for low-power FMs.
In an online post, Bradley responded to a Radio World story in which we speculated that this week’s pending FCC action “affirming” a limit of 100 watts was bad news for REC Networks’ latest LP-250 proposal.
But Bradley said our interpretation was a misreading of events at the commission.
“The draft Order on Reconsideration merely upholds the FCC’s prior decisions made in the Report and Order in MB Docket 19-193, which prompted Petitions for Reconsideration by two different groups,” she wrote.
“The ‘finality’ that Acting Chair Rosenworcel suggests is the finality of these specific pending issues and once they were finalized, the commission could proceed with a LPFM filing window, which will follow sometime after November’s full-service noncommercial educational filing window.”
Bradley’s post details her extensive communications with the FCC staff over details of a possible 250-watt rule and why she believes her “Simple250” proposal will now get what she calls “a full set of downs.”
Her bottom line: “REC continues to feel that today’s FCC will have more of an appetite for an LP-250 rural expansion as compared to the previous Pai and O’Reilly FCC.”
The post Bradley: LP-250 Is Not Dead in the Water appeared first on Radio World.
He serves as the anchor and managing editor of NBC’s flagship news broadcast. He has also served as principal anchor of “Dateline NBC” since September 2011 and leads NBC News’ special reports, breaking news and primetime political coverage.
Lester Holt is now being recognized for those efforts with his induction into the NAB Broadcasting Hall of Fame.
The ceremony will be conducted during the 2021 NAB Show, scheduled for October 9–13 in Las Vegas. Holt will accept the honor at the NAB Show Welcome event on Monday, October 11 at 9am Pacific.
Holt joined NBC News in 2000 and served as an anchor of “Newsfront” and “Lester Holt Live,” a daily news show on MSNBC, before becoming co-anchor of “Weekend TODAY” in 2003 and anchored the weekend editions of “NBC Nightly News” beginning in 2007. During his time at NBC News, Holt has moderated presidential debates; reported from breaking news events in the U.S. and abroad including terrorist attacks, natural disasters and civil unrest; anchored numerous specials and investigative series; interviewed national and international newsmakers; and covered every Olympics since the 2002 Winter Olympics in Salt Lake City.
“Lester Holt’s integrity, gravitas and dedication make him one of the preeminent journalists in America today,” said NAB President/CEO Gordon Smith. “Millions of Americans turn to him every day to find out what is happening in their communities and deepen their understanding of the world. We are delighted to recognize his contributions to broadcast journalism by inducting him into the Broadcasting Hall of Fame.”
Before joining NBC News, Holt began his television journalism career at local broadcast stations WCBS-TV in New York, KCBS-TV (then KNXT) in Los Angeles and WBBM-TV in Chicago, where he worked for 14 years including as the afternoon and evening news anchor.
BOCA RATON, FLA. — Its roots are in newspapers, and its former dailies include the Naples Daily News and the Treasure Coast Newspapers that are now part of Gannett.
Now, The E.W. Scripps Co. is ready to bring local news to Floridians across some of the state’s biggest markets once again. Only, there’s no print involved. This time, it involves a screen, TV cameras, and internet connectivity.
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On June 3, RBR+TVBR first shared the news that Sinclair Broadcast Group had opted to sell its lone radio broadcasting stations — a pair of AM spoken-word stations, a heritage Hot Adult Contemporary FM, and an FM that simulcasts one of those big AM properties.
The buyer is Lotus Communications. Now, paperwork filed with the FCC offers new details on the deal — including a pending call-letter change for the AM/FM pair, and just how much cash Lotus will pay Sinclair.
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On Thursday (6/17), television industry executives will once again be gathering in a virtual manner. While COVID-19 pandemic concerns are rapidly melting away, the organizers of the annual Kagan Media Summit opted to forego traveling to New York just yet. The comfort level of participants will undoubtedly be higher, as the 2020 affair was a digital one, too.
With the Radio + Television Business Report again the official media partner for the summit, same-day coverage of key Kagan events produced by the S&P Global Market Intelligence group will be delivered to RBR+TVBR subscribers at RBR.com. What can participants expect this year?
S&P Global Market Intelligence Senior Research Analyst Justin Nielson spoke with RBR+TVBR Editor-in-Chief Adam R Jacobson to offer a preview of the event, and you can listen to what he says in the latest InFOCUS Podcast, presented by dot.FM.
Listen to “RBR+TVBR InFOCUS Podcast: Justin Nielson” on Spreaker.
The media technology industry is facing a shortage of industry components.
Factory shutdowns during the pandemic caused shortages across the electronic components industry, affecting automakers, mobile device manufacturers as well as broadcast and media technology companies. To try to determine how widespread the problem is, the IABM, an international trade association for broadcast and media technology, recently conducted a survey across its membership of media technology suppliers asking for their direct experience with potential shortages of electronic components.
The survey yielded 130 responses from companies both within the U.S. and internationally and found that 40% of its member companies reported severe shortages while 45% were facing moderate shortages. Only 15% of respondents said they were seeing mild issues.
The IABM took this to mean that every company that responded said they are experiencing some level of problems in obtaining components.
“The worldwide shortage of electronic components … is also having a significant impact on the broadcast, media and entertainment technology industry,” said Lorenzo Zanni, head of knowledge at IABM. “We undertook this international survey because some of our members indicated that they were having problems sourcing components; these survey results, which were given to us by members in every geography, clearly show that this is an international problem.”
The survey revealed that 43% of those who responded said they were struggling to obtain chips in particular. Broken down between logic chips and memory chips, 13% of those respondents said memory chips were the specific item they were unable to obtain while 11% said they were looking for field-programmable gate arrays or FPGAs. Other items that were in demand included assemblies and subassemblies — including workstations, motherboards and printed circuit boards — followed by oscillators, GPUs, CPUs and small-form factor pluggable transceivers or SFPs. Fifty-six percent of all respondents reported shortages across most of these component categories.
The survey also found that geography is playing a role. Twenty-six percent of the respondents identified Asian Pacific countries as the source of supply trouble — although a majority saw this shortage as an international problem with supply issues appearing nearly everywhere components are manufactured.
What next? The survey asked respondents what steps they were taking to mitigate the effects of these shortages; 40% said they are finding alternative suppliers or spreading orders across several manufacturers with 31% either ordering large stocks of supplies or paying more for components. Of those surveyed, 19% say they are managing customer expectations successfully and 10% are simply waiting for the market to improve.
There doesn’t seem to be an easy fix for this issue, Zanni said. “[G]iven the difficulty in obtaining some of the rare raw materials and the fact that you can’t suddenly switch up production to meet demand, [this problem] looks likely to be with us for some time to come.”
One solution proposed by the IABM is the BaM Stock Exchange, a database that will allow IABM member companies to search for and find high-demand components. The goal is to help IABM members to obtain the parts they need or reduce their unused stock overhead.
The exchange is searchable and filterable in an effort to help a company connect with a company with extra stock. Most media technology companies do hold some stock of components, including those that they may no longer use, said Peter White, IABM CEO. “Since many components are common across broadcast and media tech suppliers, it makes compelling sense to use the industry’s independent, international organization as an exchange,” he said, adding that idea came from a conversation with Grass Valley CEO Tim Shoulders.
“IABM is committed to building and sustaining a thriving global media tech community and this kind of initiative plays perfectly with that mission,” White said.
The post Media Companies Beginning to Feel Pinch from Component Shortage appeared first on Radio World.
A major television brand has surpassed a major milestone in the rollout of addressable televisions across the U.S. — bring more screens to life that are enabled with dynamic ad insertion technology.
The news from VIZIO comes on the heels of numerous successful ad campaigns from America’s top TV networks.
The number represents a significant milestone for members of Project OAR, the addressable advertising consortium founded by VIZIO and America’s top TV media companies.
How so? By expanding the footprint, programmers are able to deliver and manage addressable TV ad inventory inside of linear programming broadcast to homes across America.
“Addressable TV advertising has arrived,” said Adam Gaynor, VP Network Partnerships and Head of Addressable for VIZIO and OAR. “Today’s milestone pushes the consortium beyond a ‘Project’ and into an addressable business. We have worked to put standards in place in collaboration with top networks to deliver addressable campaigns at scale and enhance the TV experience for viewers at home. With the infrastructure in place and more campaigns going live in the market, we are making it possible to deploy, manage and sell dynamic ads for local and national inventory.”
The consortium, which is composed of America’s leading television networks and operators and VIZIO, “have worked hard to create open standards that anyone in the ecosystem can use to increase the relevancy of advertising and improve linear viewing for consumers,” the TV set manufacturer noted.
AMC Networks, FOX and WarnerMedia are among several of the companies that have executed national addressable campaigns using the OAR standard.
“WarnerMedia has run national addressable campaigns across linear and VOD since 2020, while expanding our capacity and footprint through direct integrations with multiple distributors, and partnering with brands across an array of categories,” said JP Colaco, head of advertising sales at WarnerMedia. “As pioneers in the addressable industry for nearly a decade with DirecTV, we are excited to collaborate with other industry leaders like OAR to continue to drive awareness, education and enablement, while advocating for standards, in addressable TV.”
Colaco was the President of Radio Disney from 1998-2006. He would go on to serve as SVP of Advertising Sales and Operations at Hulu, from 2007-2013.
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