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Industry News

FCC to Accept Applications for Next Attorney Honors Program

Radio+Television Business Report
3 years 7 months ago

WASHINGTON, D.C. — The FCC on Friday confirmed that it will begin accepting applications from graduating law students and current judicial clerks for its Fall 2022 Attorney Honors Program.

The application window is now open, and it closes on November 1.

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RBR-TVBR

ViacomCBS Selects A DFW TV Leader

Radio+Television Business Report
3 years 7 months ago

In the Dallas-Fort Worth market, ViacomCBS owns and operates two broadcast TV stations, in addition to CBSN Dallas and CBSDFW.com.

As of Monday, these properties will have a new leader, and it is someone who is rejoining the stations after four years working across town — at TV stations broadcasting en español.

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Adam Jacobson

A Healthy Gain For Audacy On Wall Street

Radio+Television Business Report
3 years 7 months ago

Cumulus Media isn’t the only audio content and distribution company with a big stable of radio stations that enjoyed a strong week on Wall Street.

As Wall Street neared its closing bells, Audacy shares were on the rise, giving the company formerly known as Entercom its strongest stock price since early August.

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Adam Jacobson

A ‘Reduction in Force’ Hits Cox Media Group’s Radio Stations

Radio+Television Business Report
3 years 7 months ago

MIAMI — Tune to 99.1 MHz in morning drive, and you’ll suddenly find yourself asking if something isn’t right. Just weeks ago, a big billboard could be seen on Interstate 95 heading downtown promoting the Trina & Trick Daddy morning program.

As of today, the hosts are no longer a part of Cox Media Group. But, that’s just a small part of a Reduction in Force initiative that has claimed a host of programming and on-air positions. Meanwhile, another Miami FM owned by CMG has tweaked its format while apparently dismissing its entire air staff.

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Adam Jacobson

Cumulus Shares Surge On Friday. Why?

Radio+Television Business Report
3 years 7 months ago

With Monday’s Closing Bell on Wall Street, Cumulus Media shares officially erased five months of growth, negating a climb to $14.75 seen at the end of June — its highest value since the start of the COVID-19 pandemic.

Who knew that the rest of this week would see Cumulus crush it on the Nasdaq?

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Adam Jacobson

Meredith Shares Soar On IAC Takeover Talk

Radio+Television Business Report
3 years 7 months ago

With Meredith Local Media poised to become a part of Gray Television by the end of the year, parent Meredith Corp. is apparently in serious conversations with the digital media company owned by Barry Diller to engineer a deal that would spin the majority of its lifestyle and female-friendly assets in a multi-billion deal.

Investors reacted by snapping up Meredith shares, leading to a sharp rise in value in Friday’s trading.

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Adam Jacobson

Senators Urge President Biden to Make Rosenworcel Official FCC Chair

Radio World
3 years 7 months ago

A group of over two dozen U.S. Senators are urging President Biden to designate acting FCC Chairman Jessica Rosenworcel to a permanent position, making her the first woman to hold the office.

The chairmanship of the commission has been in limbo since Biden was sworn into office on Jan. 20, 2021, with Rosenworcel operating in acting capacity. Some of the group of Democratic Senators (and one Independent, Angus King of Maine) noted that they had voiced their support in a similar letter to Biden after he was declared winner of the 2020 election and said having a permanent chair is important, in light of Congressional efforts to provide funding for expanded broadband access nationwide as well as address the impacts of the 18+ month pandemic, part of the  “Infrastructure Investment and Jobs Act of 2021,” now being considered by the House.

“Given this once-in-a-lifetime opportunity to ensure all people have access to broadband, it is absolutely essential that there are trusted, qualified appointees leading these agencies to coordinate the deployment effort across your administration” the senators — representing 17 states — wrote in a letter to the president.

They asked President Biden to appoint her to the chairmanship “as quickly as possible,” adding that “further delay simply puts at risk the major broadband goals that we share and that Congress has worked hard to advance as part of your administration’s agenda.”

They added that Rosenworcel is the best person for the job.

“There is no better qualified or more competent person to lead the FCC at this important time than Acting Chair Rosenworcel,” the senators said. “We have long experience working with her and her team, and she has already shown an ability to steer the FCC through these extraordinary and difficult times. Importantly, we believe that Acting Chair Rosenworcel will face few obstacles to her confirmation.”

The delay in appointing a permanent FCC chair is “the longest in 44 years,” according to Telecom TV. Capitol Hill pundits speculate that the delay could surround the administration’s indecision on whether to have the commission’s first female chair or whether or not to nominate an African-American to the position.

The post Senators Urge President Biden to Make Rosenworcel Official FCC Chair appeared first on Radio World.

Tom Butts

FCC Extends Deadline for Regulatory Fees

Radio World
3 years 7 months ago

The Federal Communications Commission has extended the due date for FY 2021 regulatory fees to Monday night Sept. 27.

It’s a three-day extension and it applies to all annual regulatory fee payors. The announcement did not provide a reason.

Fees have been in the news in our industry because the commission had planned to raise them for most radio and TV stations, but it backed away from that after getting strong pushback from the industry.

[Related: “Broadcasters Get a Win on Regulatory Fees”]

The post FCC Extends Deadline for Regulatory Fees appeared first on Radio World.

Paul McLane

Hoyt Is New IHM Market Leader in Salisbury

Radio World
3 years 7 months ago

Katie Hoyt was been named market president for Salisbury, Md., by iHeartMedia.

She reports to Brit Goldstein, area president for iHeartMedia Pennsylvania, whom she succeeds in the role. Goldstein was promoted in early 2020 but until now has retained the Salisbury reins as well.

[Visit Radio World’s People News Page]

Hoyt was senior vice president of sales in that market. In the announcement, Goldstein says Hoyt “has done an incomparable job inspiring and leading the Salisbury sales team.”

She is former regional digital sales manager for MediaOnePA, part of Gannett/USA Today, as well as former sales manager for Hanover/York, Pa., for the same organization, where she began her media career.

The iHeart Salisbury market on the Eastern Shore of the state comprises four FM and two AM stations as well as live events, data and digital businesses and platforms.

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

 

The post Hoyt Is New IHM Market Leader in Salisbury appeared first on Radio World.

RW Staff

Want An Atlanta TV Signal? This One’s For Sale

Radio+Television Business Report
3 years 7 months ago

It’s no secret that available broadcast TV stations are few and far between for aspiring buyers.

As such, there could be some considerable interest in a low-power TV station being marketed by one veteran media broker that serves one of the biggest metropolitan areas in the Southeast U.S.

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Adam Jacobson

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