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Radio+Television Business Report

Home Depot Returns As a Spot Radio User

Radio+Television Business Report
3 years 9 months ago

The latest Media Monitors Spot Ten Radio report has been released by iHeartMedia, and it shows a lot of returning and continuing brands committing to AM and FM radio spots for the week ending August 29.

The big returnee this week? The Home Depot.

The DIY home improvement retailer is back in the Spot Ten, ranking No. 6.

At No. 7, climbing into the Spot Ten, is Mattress Firm.

Otherwise, Progressive, Indeed, Babbel and GEICO are still active users of spot radio as the month of August comes to a close.

Adam Jacobson

FM Media Ventures Grabs a Big AM

Radio+Television Business Report
3 years 9 months ago

At 1180 kHz, an AM radio station licensed to Humble, Tex., serves the Houston market with a booming Class B signal. During daylight hours, it has 50kw from 2 towers. After dark, it has 3kw from four towers, situated off the Grand Pkwy toll road in the far northern portion of the Houston metropolitan area.

Until recently, it has been a Spanish Adult Hits station under the branding “La Suavecita” and an affiliate of ESPN Deportes Radio. That’s about to change, with a different multicultural group the new target audience.

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Adam Jacobson

A Richmond Addition For Gray

Radio+Television Business Report
3 years 9 months ago

Among the many properties owned by Gray Television is WWBT, the NBC affiliate serving Richmond, a former Raycom Media station that was previously owned by Jefferson-Pilot Corp. Today, it uses VHF digital channel 10 for its PSIP of channel 12.

It is a sister station to WUPV-65 in Richmond, an affiliate of The CW Network. It has been in the family since 2006, and is a former Raycom property, too.

Soon, WUPV and WWBT will have an in-market sibling, thanks to Gray’s purchase of a low-power television station serving the Virginia capital city.

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Adam Jacobson

A Portable HD Radio? It Exists, But Does Anybody Care?

Radio+Television Business Report
3 years 9 months ago

DAYTON, OHIO — For the first time in two years, the Streamline Publishing Radio & TV team is congregating in-person to review what’s on the horizon for our industry brands, including RBR+TVBR, in 2022.

One of our participants brought along a most interesting accessory — a Sangean portable HD Radio that even has the ability to pick up an AM broadcasting in HD Radio. Who knew?

The better question may be “Who cares?”

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Adam Jacobson

Florida Court Won’t Hear Pastor’s $50M Lawsuit Against WPLG

Radio+Television Business Report
3 years 9 months ago

Until Friday, the possibility of fighting a multimillion-dollar lawsuit in Florida’s highest court was a very big one for Berkshire Hathaway’s television station offering ABC programming and a heavy dose of local news to South Florida.

Today, not only is the management at WPLG-10 in Miami breathing a sigh of relief, but its hefty legal fees are now poised to be paid for by the Miami Gardens, Fla., pastor that sued the station for $50 million.

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Adam Jacobson

SBS Submits Its Q2 2021 Results To SEC

Radio+Television Business Report
3 years 9 months ago

Spanish Broadcasting System (SBS) has submitted its second quarter 2021 financial results to the Securities and Exchange Commission.

What does the company majority-controlled by Raúl Alarcón Jr. have to report for the three-month period ending June 30?

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Adam Jacobson

From ‘WJM-TV’ to SAG-AFTRA, America Mourns Ed Asner

Radio+Television Business Report
3 years 9 months ago

As Lou Grant, he was one of the more beloved television characters ever seen in prime-time. As a real-life leader, he served as President of the Screen Actors Guild, prior to its merger with AFTRA.

Now, Hollywood and the world are pausing to remember the life and achievements of Ed Asner.

Asner was 91 years old.

“There have been few actors of Ed Asner’s prominence who risked their status to fight for social causes the way Ed did,” said current SAG-AFTRA President Gabrielle Carteris, best known for her role on the original Beverly Hills 90210. “He fought passionately for his fellow actors, both before, during and after his SAG presidency. But his concern did not stop with performers. He fought for victims of poverty, violence, war, and legal and social injustice, both in the United States and around the globe.”

Asner created one of the most memorable roles in television history — the gruff but loveable newsman Lou Grant on two hit television series for CBS: the comedy Mary Tyler Moore from 1970–1977, and the drama Lou Grant from 1977–1982. His five Emmy Awards for that role, plus two additional Emmys, set a record for the most Emmys ever awarded to a male TV actor. He was inducted into the Academy of Television Arts and Sciences’ Hall of Fame in 1996. In 2001, Asner received the Screen Actors Guild Life Achievement Award.

Asner was born on Nov. 15, 1929 in Kansas City, Mo., as the son of Orthodox Jews who had emigrated from Russia. He moved to New York in 1955, where he appeared in numerous Broadway and Off-Broadway productions. In 1961, he packed his bags and went to Hollywood, where he worked on the films El Dorado (starring John Wayne) and They Call Me Mister Tibbs (starring Sidney Poitier).

Early TV credits include appearances on “The Fugitive,” “The Mod Squad,” and “Ironside.”

Despite a resume heavy with dramatic roles, in 1970 Asner was cast as Lou Grant. His fierce but funny persona was summed up in the pilot episode, with his perfect comedic reading of the line in which Grant informs Mary, “You got spunk … I hate spunk!”

The Mary Tyler Moore Show ran for seven seasons to high ratings and critical acclaim. When it went off the air, CBS took the unprecedented step of spinning off a drama from a comedy. Lou Grant premiered in 1977, and took the character from a Minneapolis TV station to a Los Angeles newspaper room. Despite the change in tone, Asner made the new format work. The show tackled social issues and earned Asner an additional Emmy for his portrayal, making him the first actor to win an Emmy for a comedy and a drama for the same role.

Asner was elected Screen Actors Guild president in 1981, and was a frequent presence on the picket lines during the joint Screen Actors Guild/AFTRA 1980 TV/Theatrical strike, which affected a multitude of productions, including his own Lou Grant. In September 1981, Asner addressed a crowd of 8,000 trade union members at Los Angeles’ MacArthur Park at a Solidarity Day event, and was elected Screen Actors Guild president six weeks later, winning 52% of the vote.

When CBS canceled Lou Grant, Asner claimed it was in retaliation for his political views.

Just weeks later, the Actors’ Equity Association honored Asner with its Paul Robeson Award, given in recognition of an individual or organization demonstrating “concern for and service to fellow humans, respect for the dignity of the individual, freedom of expression, universal brotherhood and the artist’s responsibility to the profession and greater society.”

In 1983, Screen Actors Guild members showed their approval of Asner by electing him to a second term as president, where he garnered 73% of the national vote.

Asner declined to seek a third term as Guild president, passing the gavel to his successor, Patty Duke, in 1985.

He continued to keep busy as both a performer and a political activist. In fact, he won over a whole new generation of fans by voicing “Carl Fredricksen” in the 2009 Pixar feature “Up.”  In 2013, at age 83, he was touring his one-man stage show, “FDR,” portraying President Franklin Roosevelt.

Asner was married twice, to Nancy Sykes and Cindy Gilmore, and had four children: Matthew, Liza, Kate and Charles.

RBR-TVBR

Media Stocks End Week On A High Note

Radio+Television Business Report
3 years 9 months ago

U.S. financial markets were on the rise Friday, and so were most publicly traded radio and television companies.

Among the big gainers: Audacy, perhaps benefiting from a strong assessment from Wells Fargo Securities released Thursday.

At the closing bell, AUD was up 7.7% to $3.5850 — a sign that a much-needed rebound for the company formerly known as Entercom could finally be happening.

Also up: iHeartMedia, now at $24.76 with a 3.9% climb from Thursday.

Townsquare Media shares were also on the rise, increasing in value by 4.7% to finish at $13.06.

On the TV industry side, The E.W. Scripps Co. saw a 3.4% gain, to $18.69, and Nexstar Media Group was up 1.8% to $148.64.

Not every media company finished Friday’s trading in positive territory. Sinclair Broadcast Group was down 1.1% to $29.97 and Saga Communications declined by 2.2% to $23.45.

Adam Jacobson

Tips On Championing D&I Within Your Organization

Radio+Television Business Report
3 years 9 months ago

Organizations often launch diversity and inclusion initiatives as strategic imperatives to create more equitable and inclusive work environments. While it’s the right thing to do, it’s often assumed that there’s immediate buy-in across the board.

That’s not always the case, however, culturally integrated market research agency ThinkNow says.

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RBR-TVBR

Veteran Latino Radio Host Leo Vela Dies

Radio+Television Business Report
3 years 9 months ago

MIAMI — Since November 1978, his voice has been heard on radio stations in both San Antonio and Miami, making his name well-known among a generation of Latinos who were raised on the Bee Gees and today perhaps appreciate Gilberto Santa Rosa as much as the late Selena.

Now, the Hispanic radio industry is paying tribute to Leo Vela, who died Wednesday (8/25) at the age of 69.

Learn about the opportunities that exist by targeting Hispanics, whether in English or in Spanish, by registering today for the 2021 Hispanic Radio Conference. It’s September 22-23, and there’s a hybrid option now available!

 

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Adam Jacobson

Third Spin Of ‘Unique’ LPTV CPs Comes For Mako

Radio+Television Business Report
3 years 9 months ago

Nearly two months ago, it became known that a special group of low-power television station permits — with expiry dates in 2023 — were available. They were placed on the market by a licensee that didn’t wish to build them, and among the buyers who have stepped forward are The E.W. Scripps Co. and Windsong Communications.

Now, a third buyer has emerged, and its an individual who has become an active acquisition actor in the last year.

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Adam Jacobson

A Radio Group Prepares To Bring Local TV To The Ozarks

Radio+Television Business Report
3 years 9 months ago

Ken Kuenzie and Dennis Klautzer have made headlines in recent years for their radio broadcasting investments. They include five audio brands serving the Lake of the Ozarks resort region of Missouri, and their December 2017 decision to join Larry Fuss as an investor in a Kaua’i FM serving the Hawaiian island.

Now, their company is set to bring the first over-the-air TV station to a community that’s perhaps best-known for the not-so-flattering drama Ozark on Netflix.

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Adam Jacobson

NAB Cheers FCC Move To Halt Reg Fee Raise

Radio+Television Business Report
3 years 9 months ago

With the Federal Communications Commission’s decision to set aside regulatory fee increases for Fiscal Year 2021, the NAB, which had fought against the FCC’s proposal, is pleased.

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Adam Jacobson

Population-based Methodology A Go For TV Reg Fees

Radio+Television Business Report
3 years 9 months ago

With the release of the 150+-page “Assessment and Collection of Regulatory Fees for Fiscal Year 2021” by the FCC late Thursday, the Commission moved forward with its proposal to adopt the use of the population-based methodology for full-service television
broadcasters for fiscal 2021.

Here’s what that means for over-the-air broadcast TV station owners.

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Adam Jacobson

Wieland Wins CBS/Denver Leadership Role

Radio+Television Business Report
3 years 9 months ago

CBS News and Stations President and Co-Head Wendy McMahon has solidified the company’s local television leadership in the Mile High City. In doing so, she’s appointed a VP/GM who has been News Director of the CBS O&O in the market since 2004.

He’s succeeding Walt DeHaven, who retired in July after nearly 20 years as the station’s GM and some 40 years in the local TV industry.

Rising to the top role for KCNC-4 is Tim Wieland.

He’s been at KCNC since 1994 and has held the News Director title for the last 17 years.

“I can’t think of a better example of someone receiving a well-deserved promotion than Tim Wieland,” McMahon said. “Tim understands the need to modernize and transform our brands and products for the future, and I am confident he will take our great team in Denver to new heights, focused on solid journalism, an unparalleled workplace culture and a community service commitment that is second to none.”

Wieland added, “I feel fortunate to have been able to spend almost my entire career at CBS 4, working alongside such an exceptional group of colleagues in our news department. Now, I am excited to take on this broader role and provide leadership and support to our entire CBS Denver family. As part of the newly united CBS News and Stations organization, we have a tremendous opportunity to deliver wins on a daily basis for the mutual benefit of our company, the diverse communities we serve, and our valued business partners.”

In 1999, Wieland briefly left Denver and spent two years in Atlanta, where he worked for CNN as a newscast producer and field producer.

Wieland gained his first professional experience as a reporter, anchor, producer, photographer and video editor at KREX-TV in Grand Junction, Colo.

Adam Jacobson

Here Are The Revised 2021 Reg Fees For Radio

Radio+Television Business Report
3 years 9 months ago

The FCC late Thursday released its Report and Order and Notice of Proposed Rulemaking on the “Assessment and Collection of Regulatory Fees for Fiscal Year 2021,” and there’s cause for cheer among radio broadcasters.

Why? The initial proposal to make broadcasters pay for a significant portion of the $33 million in additional funding that was appropriated by Congress to implement the Broadband DATA Act has been scrapped by the Commission.

The NAB assailed the plan. And, it appears Rick Kaplan and the legal team at the association have scored an important victory for broadcasters.

Here’s what this means for Radio in fiscal 2021, which begins October 1:

 

When breaking out the radio station regulatory fees, there is a reduction from FY 2020.

The $975 minimum regulatory fee for Class A AMs remains the same as it did in fiscal 2020. The biggest FM stations would see a regulatory fee decrease from $20,925 in fiscal 2020. This is significant, as the FCC originally proposed this group of stations to see a regulatory fee increase to $22,650.

 

Adam Jacobson

Reg Fee Relief Comes With FCC Hike Halt

Radio+Television Business Report
3 years 9 months ago

When the newest FCC Commissioner, Nathan Simington, who will appear September 23 at the Hispanic Radio Conference, first took a gander at the initial draft of the Commission’s “MD Docket No. 21-190,” he had concerns.

The first version of the “Assessment and Collection of Regulatory Fees for Fiscal Year 2021” also raised the ire of many broadcast media companies, which argued that any increase in fees paid was unacceptable given the fiscal challenges the COVID-19 pandemic has brought.

The Commission has listened, and responded accordingly.

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Adam Jacobson

Media Companies Gain as Wall Street Slips In Thursday Trading

Radio+Television Business Report
3 years 9 months ago

U.S. financial markets finished the day on a downbeat note, with the Dow Jones Industrial Average dipping 64.03 to 35,341.47 and Nasdaq declining by 53.78, to 14,988.08.

For broadcast media companies, trading was mixed, with iHeartMedia among the climbers. The nation’s top audio media company saw its shares jump by 18 cents to $24.46.

Also up: Salem Media Group, with its shares rising 10 cents to $3.01.

For Audacy, it was another downbeat trading session despite a glowing report from Wells Fargo Securities that includes a $7 target price for AUD.

RBR-TVBR

Nexstar CBS Affiliate Dinged For Issues/Programs List Delay

Radio+Television Business Report
3 years 9 months ago

WASHINGTON, D.C. — A Nexstar Media Group CBS affiliate faces a small financial penalty for its apparent failure to submit its quarterly TV issues/programs lists to the FCC in a timely manner.

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RBR-TVBR

FCC Audio Division PEGs Tennessee Translators For Application Delay

Radio+Television Business Report
3 years 9 months ago

It’s been an active August for Al Shuldiner, the FCC’s Audio Division Chief.

Notices of Apparent Liability for Forfeiture are piling up, and they largely involve tardy licensees who didn’t submit their license renewal applications by the due date.

The latest NAL involves a pair of FM translators in Tennessee.

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Adam Jacobson

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