Author: Jay Mitchell

Entercom steps up.

The newly-enlarged radio group led by David Field and Weezie Kramer has launched a massive pro-radio advertising campaign with the theme, “Marketer’s Guide to Radio.” The campaign will appear in Ad Age, AdWeek, Variety, The Hollywood Reporter, Billboard, Broadcasting &…

Election ad spending up.

According to a new report from Borrell and Associates, “U.S. Political Advertising is changing. Spending is being driven upward by changes in contribution laws and sideways by the dynamic targetability of digital media. As we follow spending through the years,…

Et tu, iHeart?

IHeartMedia is trying to emulate Cumulus in reaching a deal with its creditors, but so far no joy. On Thursday iHeart told the Securities and Exchange Commission that its major creditors rejected the company’s most recent restructuring plan, instead offering…

Music industry scores a TKO.

The Radio Music License Committee (RMLC) was slammed by a federal magistrate judge in Pennsylvania for its antitrust suit against upstart music licensor Global Music Rights. Judge Lynne Starski ruled, “There is no basis in fact or law to assert…

Cumulus goes for Chapter 11.

Cumulus has entered into a restructuring agreement with secured lenders composing just under 70% of the company’s term loan, dropping the debt by over $1 billion. To make all this happen, Cumulus has filed voluntary petitions for Chapter 11 reorganization…

RTDNA names 2017 journalist grants.

The Radio Television Digital News Foundation is handing out nearly $30,000 to young people who are learning the craft or getting started in radio and television news. From the RTDNA release: “This year’s scholarship class includes recipients who are fluent…