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 […]
Tag Archives | CBS Radio
Howard Stern Considers Leaving Sirius for Idol, Mancow Out to Pasture in Chicago (again). Is This Sunset for the Shock Jock?
There was once a time when a rare breed of radio DJ could scare up controversy and big ratings–not to mention FCC indecency fines–using just his voice, a few on-air cronies and whole lot of bravado, innuendo and hot air. Remember Howard Stern? Arguably the original “shock jock” he was one of the few American […]
And the Internet radio winners are . . .
Ando Media has published its list of the top-performing Internet audio stations. Here are the top ten for 6 am through midnight in September: The fields are “Station,” “Average Active Sessions,” “Session Starts,” and “Average Time Listening.” Asterisks presumably mean no data. 1 CBS Radio Inc. 175,261 75,410,863 1.29 2 Pandora Corporate 150,011 82,623,100 1.13 […]
Big radio revenues drop, again
Down down down. Clear Channel and Cumulus’ third quarter earnings dropped 19 and 18.5 percent respectively compared to Q3 of 2008. Clear Channel reported revenues of $660.6 million in the third quarter of 2009 and $813.4 million for the same in 2008. Cumulus’ net revenues sank from $80.0 million last year to $65.1 million this […]
One of the Last "Progressive" Rockers Goes Digital-Only
When it comes to commercial radio, I’d argue that true progressive rock radio died somewhere in the early 80s, as tighter playlisting, more frequent rotations and shorter music sets became required, and DJs by-and-large no longer picked their records. Nevertheless a handfull of stations in the top major markets held onto the progressive moniker by […]