The social medium saw its share value drop nearly 20% in a 24-hour period late last week—that’s over $100 billion, the most severe one-day loss in stock market history. The apparent reason: a decelerating rate of new active users and…
The honorees of the first round of awards include Entercom COO Weezie Kramer (the Rockwell Award, the top honor); KQRS/Minneapolis (Iconic Station of the Year); KRBE/Houston (Major Market Station of the Year); KSTP/Minneapolis (Large Market Station of the Year); WMAS/Springfield,…
According to an article in the Tennessean last week, “An 11th-hour proposal by the music licensing company SESAC to change the Music Modernization Act (MMA) could torpedo the landmark copyright legislation that is on the brink of becoming law.” In…
The Repack Airwaves Using Better Access for Users of Modern Services (RAY BAUM’S) Act of 2018 requires the Commission to conduct a biennial survey assessing the state of competition in broadcast, satellite, and Internet audio services. Accordingly, the Media Bureau…
The full House of Representatives has passed the Preventing Illegal Use of Radio Through Enforcement (PIRATE) Act, which increases fines for illegal radio operators from $10,000 per violation to $100,000 per day per violation, up to a maximum of $2…
Ever since, well, forever, the call letters WBEB have been associated with industry icon Jerry Lee. But all that will change in the near future, as Entercom will be acquiring “101.1 MORE FM” for $57.5 million—not a bad payday for…
According to the 2018 Dimension Report from Kantar Media, 25% of respondents listen to terrestrial radio several times a day, compared to 15% who listen to radio online. The results vary with demographic, of course, with older listeners favoring terrestrial…
Once again, Forbes magazine has compiled its list of the highest-paid celebrities, and—bad news for Howard—the King of All Media had to scrape by on $90 million last year, a demotion from number seven on the list to number 13.…
Like many of you, I’m sure, I wake up every morning troubled by the unexplained 1981 death of Natalie Wood. But it looks like relief is finally at hand, as the National Enquirer’s parent company American Media launches a podcast…
According to a new study by Edison Research for National Public Radio, smart speaker ownership in the United States is now standing at 18%—more than 43 million people 18+. Demographically, women lead the way, composing 54% of total ownership: and…
The House Energy and Commerce Committee Communications and Technology Subcommittee will hold an FCC oversight hearing on Wednesday, July 25, with deep dives into topics like “the FCC’s work close the digital divide, support innovation and 5G, enhance public safety…
Mr. Pai issued a statement last week urging a hearing before an administrative law judge; the statement read, “Based on a thorough review of the record, I have serious concerns about the Sinclair/Tribune transaction. The evidence we’ve received suggests that…