New York Times media reporter David Carr dropped a bombshell on Tribune Company CEO Randy Michaels today, and paragraph number seven pretty much says it all: Based on interviews with more than 20 employees and former employees of Tribune, Mr. Michaels’s and his executives’ use of sexual innuendo, poisonous workplace banter and profane invective shocked […]
John Bergmayer of Public Knowledge has a great interview with Ken Freedman, station manager of WFMU-FM in Jersey City, New Jersey. WFMU is a trailblazing radio station which was in the forefront of both the free form and dot.com eras. The dialogue is a terrific read, because it encapsulates all the dilemmas facing Internet radio […]
As most radio enthusiasts have probably already heard, veteran talk show host Dr. Laura Schlessinger appeared on the Larry King Live program Tuesday night and announced that she would leave her show at the end of the contract. Schlessinger made the decision in response to growing flack over her repeated use of the so-called “n-word” […]
Last week AT&T announced that new smartphone customers will no longer be eligible for the unlimited data plans that current customers enjoy. Instead, two somewhat less expensive plans will be available. For $15 new customers may download 200 MB of data per month, with a charge of $15 for every additional 200 GB over the […]
On Wednesday Sirius XM radio (SIRI) announced that it added 171,441 net subscribers in the first quarter of 2010. While this is certainly better news for the company than a net loss, the gain still doesn’t quite put its subscriber base at the same level it was at the end of 2008. Then the company […]
While we commonly accept that broadcast stations and, especially, their licenses to broadcast have a market value, for most of US broadcasting history there was no direct cost to obtain that license. Sure, there were engineer surveys to conduct, lawyers to pay, and so on. But the license itself came at no cost from the […]
I–along with many other online radio fans–was surprised to learn this morning that online indie rock station WOXY abruptly shut down its live stream this morning. The only explanation was a short blurb on their website blaming “current economic realities and the lack of ongoing funding” for the closure. The situation was all the more […]
Next Tuesday the Federal Communications Commission will reveal the entirety of its National Broadband Plan, over a year in the making. Required by the American Recovery and Reinvestment Act, which authorized $7.2 billion in broadband stimulus spending, The Plan will weigh in on about a thousand broadband related subjects—how to help more people get it, […]
Given the state of the economy, last week wasn’t so bad for radio/media company investors. And this week might improve depending on what Federal Reserve Chair Ben Bernanke says, and what Sirius XM reports in its fourth quarter and full 2009 earnings press conference on Thursday. Saga Communications, Cumulus Media, Entercom, and Citadel all reported […]
After languishing in near-penny-stock territory for the last year, Sirius XM Radio stock hit the dollar menu on Wednesday, topping out at $1.05 a share. Investors who bought their stock a year ago when it sold for less than 20 cents are probably cheering. Sirius hasn’t seen the plus size of one buck since September […]
