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Industry News

Amidst Social and Economic Upheaval, Radio Continues to Flourish

Radio World
4 years 1 month ago

The Jacobs Media TechSurvey2021 is out, and as always, it reflects both consumer adoption of new media technology and the social environment it evolves in. For 2021, the survey says some areas were heavily impacted by COVID-19, while others continued on their established trajectory. Of course, there are always surprises.

The annual media- and brand-usage pyramids fall into the “business as usual” category, with little change over the past year. In usage, the leader is still TV/video, followed by smartphones and AM/FM radio. Brands are led by Facebook, down four percentage points from last year with 68%, followed by Netflix and the respondents’ home station stream, referred to in the survey as P1.

The 2021survey results for AM/FM radio are a mixed bag. Overall, listening is trending down, especially among younger demographics, but it was headed that way before COVID. On the plus side, localism remains a key secret of success. The number who strongly agree that a local orientation makes the difference has trended upward from 43% in TS 2017 to 49% in TS 2021.

AM/FM has, according to TS 2021, picked up some momentum this year. The number who reported listening more in 2021 increased from 15–23% over the previous year. While those listening less also increased two percentage points to 13%, that loss, according to Jacobs, is largely explained by those who later in the survey reported spending less time in their cars as a result of COVID.

High on the surprises part of TechSurvey 2021 are the reasons that respondents suggest for why they tune in. Six out of ten who answered say that personalities are a main reason they listen to radio. Of those, CHR and hot AC fans seem to value them the most. TechSurvey’s data suggests this is part of a larger trend.

Over time, the long-standing appeal of music on the radio seems to have been replaced by the popularity of its personalities as a main reason to listen. This trend began with TS 2014, music and personalities reached near parity in 2018, and since then, the trend clearly favors personalities. No reasons are posited for why this switch might be happening.

Has the music industry gone into a slump, producing fewer hit songs?

Have radio personalities become more mainstream in their presentation and delivery?

Or could it be a bit of both?

One wonders.

 

The post Amidst Social and Economic Upheaval, Radio Continues to Flourish appeared first on Radio World.

Tom Vernon

Bohn Broadcast Is Now The MaxxKonnect Group

Radio World
4 years 1 month ago

Bohn Broadcast Services made several business announcements, most notably a name change.

The technical services company founded by Josh Bohn has rebranded as The MaxxKonnect Group (TMG).

“TMG will continue to focus on providing MaxxKonnect Wireless connectivity solutions, as well as expanding broadcast technical integration services across the U.S.,” it stated in an announcement.

MaxxKonnect is also the name of its high-speed internet service designed for transmitter sites and remote broadcasts.

“TMG will also expand our equipment sales and turnkey service offerings.”

Joe Myers joined the company as sales manager. He has worked in broadcast sales at Broadcast Electronics, Northeast Broadcast, ENCO and DJB.

Also, the company hired Emily Hager as office manager. Her background is in education and retail; she will handle inventory and logistics operations, sales support and customer interaction.

And support engineer Micah Dempsey was promoted to operations manager of TMG; Josh Bohn called him “my right hand on daily operations.”

The company was founded in 1998 and is based in Pelham, Ala. It provides technical and turnkey services, connectivity solutions and broadcast equipment sales. Its repair arm is based in Dallas.

 

The post Bohn Broadcast Is Now The MaxxKonnect Group appeared first on Radio World.

Paul McLane

Bynes Will Lead iHeart’s Texas Stations

Radio World
4 years 1 month ago

Spencer Bynes will take the reins for iHeartMedia’s Texas operations.

He was named area president to oversee the Beaumont, Bryan, Corpus Christi, McAllen and Waco markets, which include 29 radio stations. Bynes reports to Division President Nick Gnau.

[Visit Radio World’s People News Page]

This is his second stint with IHM; he was director of talent management and talent acquisition for five years before starting a consulting business.

Gnau complimented Bynes’ “contagious” energy “and his ability to develop teams and talent.”

Bynes was VP of business development for Lee Hecht Harrison’s southern region; prior he was managing partner and co-founder of Accendo International Consulting.

“He has more than 25 years of demonstrated business acumen and proven strategic and tactical success in a diverse group of industries,” the company said in the announcement.

Send news of radio engineering and executive management positions to radioworld@futurenet.com.

 

The post Bynes Will Lead iHeart’s Texas Stations appeared first on Radio World.

RW Staff

FCC Receives 158 Applications for CP Auction

Radio World
4 years 1 month ago

One hundred and fifty-eight initial applications to participate in Auction 109 have been received by the Federal Communications Commission.

That auction of 136 FM and four AM construction permits is scheduled for July 27.

The FCC says 107 of the applications arrived complete, 50 more require additional information, and one was rejected.

Applicants whose information was incomplete or deficient (here’s the list) will get a letter instructing them to resubmit by June 16.

Applicants accepted for filing must make an upfront payment by the same date; if the applicant later becomes a winning bidder, it will have to fill out a longer-form application showing its qualifications to hold a CP or license and its eligibility for any bidding credit.

Many applications named only one permit, but some are pursuing numerous permits. Those include 3D Built, ColdTrain Media, Estrella Broadcasting, Mainstreet Broadcasting Co., Mekeddesh Group, Michael Radio Co. and Tracy K. Wood (here’s the list of completed initial applications).

One application, from 2820 Communications, was rejected because the FCC isn’t accepting any in this auction for a noncom educational station that is mutually exclusive with any application for a commercial station.

If multiple short-form applications pursue the same permit, the CP will be decided by competitive bidding.

The FCC expects to release the final list of applicants that are qualified to bid in early July, along with schedules for a mock auction and the first day of actual bidding.

Details are on the FCC’s info page for Auction 109.

 

The post FCC Receives 158 Applications for CP Auction appeared first on Radio World.

Paul McLane

TSQ: ‘Attractively Priced Despite Fast-paced Momentum’

Radio+Television Business Report
4 years 1 month ago

Its stock price hasn’t been this high since March 2015. With a 1-year price target of $18.67 in place, Townsquare Media has successfully weathered the COVID-19 pandemic storm by already offering comps to 2019.

This led the Wall Street whizzes at Zacks Equity Research to conduct an assessment on Townsquare’s stock. They conclude that TSQ, while enjoying swift share growth, is a good investment to consider today.

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Adam Jacobson

Lotus Parts Ways With Repacked LPTV Property

Radio+Television Business Report
4 years 1 month ago

Lotus Communications, which is agreeing to purchase Sinclair Broadcast Group‘s lone radio properties, has decided to part ways with a TV property of its own as it doubles-down on serving the Western U.S. as an audio-centric company.

BE SURE TO FOLLOW RBR+TVBR ON FACEBOOK!

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Adam Jacobson

A Credit Facility Extension Comes For Corus

Radio+Television Business Report
4 years 1 month ago

TORONTO — One of Canada’s biggest media companies, which includes 39 radio stations and 15 broadcast television stations among its holdings, has completed an agreement to amend and restate its existing syndicated senior secured credit facilities with its bank group, led by RBC Capital Markets and TD Securities.

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RBR-TVBR

‘All Things Considered’: The Next NAB Broadcasting Hall Entrant

Radio+Television Business Report
4 years 1 month ago

WASHINGTON, D.C. — The afternoon news program of NPR is the latest inductee into the National Association of Broadcasters (NAB) Broadcasting Hall of Fame.

The honor will be bestowed upon All Things Considered at the 2021 NAB Show. Executive producer Cara Tallo and host Ailsa Chang will accept the award at the NAB Show Welcome event on Monday, October 11, at 9am Pacific in Las Vegas.

ATC made its debut broadcast oon May 3, 1971, airing on 90 public radio stations. Today, it airs for two hours each weekday and for an hour each Sunday.

In addition to Chang, ATC hosts include Audie Cornish, Mary Louise Kelly and Ari Shapiro. On weekends, the program is hosted by Michel Martin.

“For a half a century, ‘All Things Considered’ has engaged, educated and entertained countless listeners about the news and culture affecting our lives, while serving as a showcase for the importance of public radio,” NAB President/CEO Gordon Smith said. “It is a fitting tribute that we induct this landmark program of radio history into the Broadcasting Hall of Fame as it celebrates its 50th year on the air.”

The NAB Broadcasting Hall of Fame recognizes radio and television personalities or programs that have earned a place in broadcasting history. Explore the complete list of past inductees here.

RBR-TVBR

NAB Will Honor “All Things Considered”

Radio World
4 years 1 month ago

“All Things Considered” will be inducted into the NAB Broadcasting Hall of Fame.

The announcement was made by National Association of Broadcasters President/CEO Gordon Smith.

The iconic public radio program will be honored at the NAB Show in Las Vegas in October. Executive Producer Cara Tallo and host Ailsa Chang will accept the award.

“ATC made its debut broadcast 50 years ago on May 3, 1971, airing on 90 public radio stations,” NAB stated in the announcement. “Now broadcasting live every weekday for two hours and for one hour every Saturday and Sunday, ATC is the most listened-to, afternoon drive-time news radio program in the country.”

“Hosted by Chang, Audie Cornish, Mary Louise Kelly and Ari Shapiro and on weekends by Michel Martin, ATC airs coverage of the most important news of the day, reports from NPR correspondents in the U.S. and around the world, thoughtful commentaries, interviews with newsmakers and features on arts, music and entertainment.”

In this image from the NPR website, the staff of “All Things Considered” celebrate its 10th anniversary in 1981. Click the image to see an NPR timeline.

NAB noted that ATC has been honored with the George Foster Peabody Award, the Alfred I. duPont-Columbia University Award and the Overseas Press Club Award.

Recent radio inductees include Cathy Hughes, Elvis Duran, Delilah and Mike & Mike.

[Read our profile of John Records Landecker, the 2020 radio recipient.]

Iconic radio people inducted earlier include the likes of Walter Winchell, Wolfman Jack, Ronald Reagan and Kate Smith. The Hall of Fame began in 1977.

The post NAB Will Honor “All Things Considered” appeared first on Radio World.

Paul McLane

A Michigan Broadcast Ministry Adds Arkansas FM

Radio+Television Business Report
4 years 1 month ago

Alfred “Pat” Robertson III is the licensee of a Class A FM radio station licensed to Elaine, Ark.

He’s agreed to transfer control of this station, and it will soon be under the ownership of a Michigan-based operator of Contemporary Christian Music stations.

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Adam Jacobson

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