Mostly National News Today for business thats 75% Local

Radio Headlines February 25, 2010

Radio-info (241,488 Monthly Visits says Compete.com) – Les Moonves will be running CBS until at least 2015 when he’s 65. Base salary the same at $3.5 million but expect higher performance bonus.  Entercom and Alpha fighting over managers and non-competes.  6-years later Janet Jackson’s wardrobe malfunction still in court.  Great stuff from Dave Ramsey keynote at CRS … radio got fat, sassy, and sloppy.  Read more …

All Access (103,247 Monthly Visits) – Moody’s says Clear Channel restructuring inevitable as $13.8 billion debt comes due in 2016 … company’s debt level unmanageable and not likely to be refinanced.  Nielsen ad spending figures for 2009 are available.  The year finished at $117 billion down $12 billion or 9%.  Spot radio -8.7% and network radio -9.7%.  Biggest gains … Spanish +32%, Cable +15%, FSI Coupon +12%, Internet … even.  Full list of major winners and losers …  Read more …

RBR (69,924) – musicFIRST organization kicks off www.piggyradio.com but RBR has the real details how royalty $$$ split … 50% label, 45% lead singer, 5% all other in the band.  Long discussion about TV spectrum and broadband [that the lobbyist will not let go anywhere until they have milked it for all the $$$ they can get].   Read more …

Inside Radio (14,153) – Census ad money arrives with $133 million and $21 million for radio.  Topline of the Nielsen ad spending report.   Toyota’s new attitude may help radio.  Les Moonves and CBS item.   Read more …

Radio Ink (13,505) – Leads with Les Moonves new deal.  Clear Channel launches TOTAL OUT OF HOME network with new digital billboards.  Chicago launch and later expansion to other markets.    Read more …

Inside Music Media (Unknown) – Predicts Disney will sell ABC Television and outlines recent Disney moves.  Concludes … new media is starting to kill traditional media and force their clueless caretakers to take their money off the table.  Read more …

Kurthanson/RAIN (10,397) – New Countryman model mini-van will offer mini-connected central computing system that uses iPhone’s 3G network to connect.  App controlled from the car’s center column.  New Slacker internet radio feature allows Android/Blackberry to cache music and smooth over rough wireless connectivity issues.   Read more …

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