Taylor on Radio-Info is our daily e-newsletter from Tom Taylor, covering the industry's events with Tom's unique analysis of how they will impact your world of radio.
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FCC boss Genachowski’s keynote at the NAB Show highlights the old/new media split. • "March Madness" is good for Westwood One, but is there an ESPN takeover in the works? • Tony Kornheiser is the latest radio personality to rant about running down bicyclists.
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“Large market radio is pacing up double digits and small-market radio is about a quarter behind”, says Wells Fargo. • America’s top billers of 2009 – Three of the top four are all-newsers. • New research from Kantar Media agrees with RAB – radio revenue shrank 20% in 2009.
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Forecast for 2010 – fewer stock buybacks and cash dividends. • More business from Beasley – it remains committed to HD Radio. • “National business hasn’t been like this since the dot.com days”, says one group executive.
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Citadel’s unsecured creditors get 36 cents on the dollar in a new court-approved plan. • Maybe Glenn Beck really is Howard Beale of “Network.” • “Jake” makes it four country stations in Oklahoma City.
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Sure enough, Citadel blows up “Platinum 96.7” in Dallas to introduce “WBAP-FM.” • Slacker is “secretly preparing an on-demand music service”, says Wired. • Sirius XM gets new debt – $800 million worth – but faces the old worry of being de-listed.
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Clear Channel pulls a 20% improvement in cash flow out of 10% less revenue from radio. • Movie reviewer and newspaper columnist Richard Roeper returns to radio, on WLS (890). • Coming up on its 10-year anniversary, Fox Sports Radio has a deal to extend the rights to the “Fox” name.
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An “Auto Ad blitz” should help “all traditional media”, says Wells Fargo analyst Marci Ryvicker. • All-nighter Joey Reynolds is dropped by New York-based Buckley Radio. • Larry Wilson – country songwriter.
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So far, it’s a big-market recovery, but some small markets lag. • “It's just the perfect storm, but it's reality and you have to accept it and adjust.” • “I’m very cautiously very optimistic - we’re pacing up 30% for March through May…”
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NAB has a “dialog” with the labels – not “negotiations.” • Liberty Media has put $21 million into Chapter 11-bound WorldSpace satellite radio. • “Is the Arbitron PPM the Toyota of Radio Research”? Mickey Luckoff bugs Arbitron again.
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“Station guys caused this unwelcome evolution in the rep business.” • Infomercials for Roex “infrared sauna” lead the FTC to distribute $3 million in refunds. • Oklahoma’s “K-98 Jamz” is knocked off the air by a burglary.
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RadioTime and the iPhone become the link to IP radio in the car, starting with MINI. • Broadcasting’s recovery is still “fragile”, says Saga CEO Ed Christian. • Where’s the pricing power in national business?
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Entercom bumps off 12-year smooth jazz KSSJ, Sacramento. • There’s money in Toyotas – if you’re creative. • Gonzo weekly PPMs all-news stations from “Blizzard week.”
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To counteract Dionne Warwick, it’s lobbying time for the NAB on Capitol Hill. • More courthouse activity – Ex-Entercom staffer Scott Mahalick countersues. • Now playing on YouTube – Saga's video of how hurricane-force winds tore up the roof in Manchester, NH.
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Arbitron promises Congress in-person recruiting of blacks and Hispanics in top 25 PPM markets. • Oaktree Capital to take over Regent through a friendly-sounding Chapter 11 re-org. • As usual...it’s business as usual in bankruptcy re-org.
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Larry Wilson – “I am pissed off at Entercom” for its “indentured servitude contracts.” • NFL Miami Dolphins move their games to Clear Channel’s WINZ (940) and “Big 105.9” WBGG. • Would-be Florida radio pirate is electrocuted.
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