Industry News

Survey says: Mobile ad revenue will double

According to a new mobile ad revenue forecast from eMarketer, Google dominates the space with projected earnings of over $1.4 billion in 2012. Pandora is number two, with $226 million; Twitter is in third place with almost $130 million. Fan…

Liberty goes shopping

Since the the beginning of September, Liberty Media has purchased almost 20 million shares of SiriusXM in its quest to acquire undisputed controlling interest in the company.

Sit anywhere you want

Apple Computer, if the rumors on the street are anywhere near true, is about to drop a bigger bombshell than the iPhone5: a build-it-yourself music service designed to compete head on with Pandora and Slacker—not to mention terrestrial hybrids like…

WV station fined $7,000 by FCC

Rock WKLC (Rock 105), St. Albans-Charleston, WV, has been fined $7,000 by the FCC for a late application for license to cover new facilities and subsequent unauthorized operation. The station applied for new facilities in June of 2004 after its…

Seacrest won’t bid for DCP

The media mogul has dropped out of the running for Dick Clark Productions, the eponymous company founded by Seacrest’s friend and mentor. Seacrest was backed by Bain Capital Partners. The leading bidder is Guggenheim Partners, although there is an unnamed…

Rockers rock the downloads most

According to a new survey from The Media Audit, Top 40/Rhythmic listeners are the biggest consumers of CDs and digital music downloads among the top-20 highest reaching radio formats. In addition, over 40% of the format’s weekly listeners frequently purchase…

Mel to sell

The Sirius XM CEO has filed paperwork with the SEC to exercise options on, and sell, 30 million shares of his company. According to the satcaster, “Sirius XM Radio Inc. said Thursday that its CEO, Mel Karmazin, has adopted a…

Pandora under attack

The Musicians First Coalition is targeting Pandora for attempting to get its royalty payments to musicians lowered. In fact, according to the New York Post, “The coalition is expected to begin a PR campaign against Pandora that will include alerting…

Good guy of the week

Christmas is coming a little bit early this year for employees of Emmis Communications, as a certain Santa named Jeff Smulyan is passing out a $1000 bonus for all full timers, and $250 bonus for all part-timers, which, he says,…

Can’t we handle the truth?

Beloit College in Beloit, WI annually publishes a list of tidbits representing the thinking of the incoming class. It’s called “The Mindset List,” and the list for the Class of 2016 includes “5. If they miss The Daily Show, they…