Down AM/FM Financial News and Digital Insults

Radio Headlines February 4, 2010

Another day of down AM/FM financial news and digital insults

Radio-info (255,191 Monthly Visits says Compete.com) – The Courage to be Optimistic … with some early January rev$ reports show the rebound is uneven and widely spread versus last year’s low.  Rev$ still way off the 2007 peaks.  Good details about the size and scope of the financial problems with Citadel Chapter 11 filing … latest revenues could be $325-million  down $100-million from 2007 and the company might own as much as $2.8 BILLION!!!  Air American takes key believer down for $15 million.  Interesting comments on Stern, Sirius XM, and internet radio possibilities [No mention of CC.]   Read more …

All Access (92,023 Monthly Visits) – Leads with Cumulus stock had no trades yesterday … a very unusual event for any company with shareholders.  All Access asks the question “Is the Ad Turnaround Here?”  Read more …

RBR (29,457) – RBR leading with mostly television news.  Only two radio items of interest and both covered early this week … Seattle Contest Scam and college stations dreading PRA payments.  Read more …

Radio Ink (14,294) – Leads with the high-stakes negotiations at Tribune bankruptcy filing as junior creditors seek to have senior credit claims dismissed with “fraudulent conveyance” [billions here].   Wake up call for radio executives … Debut Broadcasting radio CEO resignation and appointment of a hedge fund manager Ron Heineman … a former restructuring manager.  His first statement … our top priority is to increase profits.      Read more …

Inside Radio (11,821) – Appears cruise promoter Altshuler might be a scam with few getting to take trips.  [Any management left to check on these things?]  WQHT “Hot 97” wants the audience to pay for ths latest mobile app.   Emmis working multi-media by creating videos form artist visits, goosing web traffic with text campaigns.  Read more …

Inside Music Media (Unknown) – New Media Predictions … seven of 15 things to come based on Jerry’s recent Media Labs and six things to do now.   Read more …

Kurthanson/RAIN (8,505) – Follows up yesterday’s Pandora campaign for local merchant ad spending.  Interview with Alan Albarran worries AM/FM radio has lost the next generation of listeners.    Read more …

Hear 2.0 (4,173) – New survey says “Radio a Shrinking Source of News” so if you are in the news business ask yourself … are you getting the news to your audience your way or their way?  What resources are devoted to digital strategy?  Do you allocate resources with a future in mind, assuming you intend to have one?  Read more …

Jacobs Media Blog (1,188) … “Grace Notes” [Gates Notes?]  Bill Gates now on Twitter and Facebook sharing the world from his vantage point.  Interesting point made about how the rest of us use Twitter and Facebook.    Read more …

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