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Industry News

Entercom Tries Betting Radio in L.A., Denver

Radio World
4 years 4 months ago

Entercom this week announced that two of its radio signals in Los Angeles and Denver will be branded “The Bet” and carry gambling-related content from its new BetQL Audio Network.

Colorado is a legal sports betting state; California is not but seems to be moving in that direction.

In Los Angeles, “The Bet 93.1 HD3” will be heard by listeners who have HD Radios on the HD3 digital multicast frequency of KCBS(FM), which does not change format. That HD3 multicast channel formerly was called Jack-HD3.

Meanwhile in Denver, “The Bet 1430 AM” is KEZW, formerly branded as “EZ 1430, Timeless Music.”

The BetQL Audio Network is in partnership with the QL Gaming Group, an affiliate platform recently acquired by Entercom for $32 million. It features sports gambling programming to serve Entercom’s sports stations and the Radio.com Sports Digital Network.

Programming on the two stations will include “BetQL Daily” with Joe Ostrowski and Ross Tucker and “You Better You Bet” with Nick Kostos and Ken Barkley, both of which are podcasts on Radio.com, as well as CBS Sports Radio Network programming.

 

The post Entercom Tries Betting Radio in L.A., Denver appeared first on Radio World.

Paul McLane

Ward-Beck Will Cease Manufacturing

Radio World
4 years 4 months ago

Audio equipment manufacturer Ward-Beck Systems will cease manufacturing at the end of January, it announced on its Facebook page.

“Since its founding in 1967 by Ron Ward and Rodger Beck, through the transition to Colleen and Eugene Johnson in 1993, and the succession and partnership changes promoting Kevin Lyver as president and CEO in 2016, we are extremely proud to have been suppliers of choice to broadcasters, audio production houses, film sound studios and sound professionals around the globe,” the announcement states.

The Canadian company, based in Scarborough, Ontario, said its lease will end at the end of February.

“We can continue to supply products which are in stock. We also have an inventory of equipment that is available for sale, and intellectual property which may be of interest to folks in the industry.”

The company expressed thanks for the “many caring individuals” in its circle including “our families, our staff, our clients, our suppliers, our friends and collaborators.”

Reached by email, owner Eugene Johnson added, “The broadcast industry has been good to us, we are grateful and have no regrets.”

The current WBS product line includes audio networking and routing, metering, impedance matching transformers and related devices.

Questions about stock or IP available for sale can be emailed to sales@ward-beck.com. The company said the website, www.ward-beck.com will remain active

The post Ward-Beck Will Cease Manufacturing appeared first on Radio World.

Paul McLane

Simington Appoints Advisors, Assistants

Radio+Television Business Report
4 years 4 months ago

The newest FCC Commissioner has named his wireless advisor and chief of staff while also selecting a media advisor, confidential assistant and staff assistant.

At the same time, he’s already saying farewell to two individuals who helped him set up his office.

 

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RBR-TVBR

The InFOCUS Podcast: Greg Palm, USSI Global

Radio+Television Business Report
4 years 4 months ago

The C-Band, an essential for many broadcast TV and radio stations’ programming services, is in the midst of a four-year transition that’s moving at full speed. Some are likening this move to the TV repack process.

If you’re not wholly familiar with the importance of the C-Band, this InFOCUS Podcast, presented by DOT.FM, is just for you!

In just 10 minutes, Greg Palm, the Vice President of Broadcast and Network Solutions for USSI Global, shares with RBR+TVBR Editor-in-Chief Adam R Jacobson how satellite networks play a vital role in the broadcast content acquisition, distribution and delivery chain; the central purpose of the C-Band transition, and how broadcasters can work with companies like USSI Global to operate and maintain their systems.

Listen to “The InFOCUS Podcast: Greg Palm, USSI Global” on Spreaker.

Adam Jacobson

‘BETQL’ Launch Powers Up ETM On Wall Street

Radio+Television Business Report
4 years 4 months ago

Entercom Communications on Monday launched an audio network that includes broadcast radio stations and its Radio.com platform expressly for the sports gaming community.

It followed the November 2020 closing of Entercom’s all-cash purchase of sports data and iGaming affiliate platform QL Gaming Group (QLGG).

Investors liked the programming move. With 15 minutes remaining in Tuesday’s trading on Wall Street, ETM had climbed to its second-highest value in the last 12 months.

At 3:45pm Eastern, Entercom shares were priced at $4.42, up 18 cents.

Volume was slightly higher than average, at 2.80 million shares.

After an initial drop in value at the Opening Bell, ETM took off like a rocket, reaching $4.46 at 10:26am Eastern.

Trading softened slightly, only to pick up again in mid-afternoon.

As the Closing Bell approached, ETM’s activity increased, as did the slight price fluctuation.

Entercom’s short-term, mid-term and long-term performance outlooks are all “favorable” to Wall Street analysts.

Adam Jacobson

TV’s Biggest Advertisers Stick With The Plan

Radio+Television Business Report
4 years 4 months ago

There’s little movement of significance in the latest Spot Ten TV report from Media Monitors.

And, that’s a good thing as it demonstrates the ongoing commitment of several brands to campaigns involving free-to-air television stations.

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RBR-TVBR

No Rest for Rosenworcel As Feb. Open Meeting Agenda Arrives

Radio+Television Business Report
4 years 4 months ago

“Congress has given the FCC its marching orders, and we are not wasting time.”

Those are the words of acting Chairwoman Jessica Rosenworcel, who released on Tuesday (1/26) the agenda for the Commission’s February Open Meeting.

It will be her first heading the agency.

Taking a cue from her predecessor, Ajit Pai, Rosenworcel released “Notes from the Acting Chairwoman” that follow his lead in offering a preview of what’s to be discussed at the next Open Meeting.

“There are significant tasks for the agency in last month’s new appropriations law,” she said, outlining what will be immediately taken up by the Commission, which presently is comprised of two Democrats and two Republicans. “They include helping Americans afford broadband, expanding access to telehealth technologies, building better maps that reflect where high-speed service is and is not, and improving the safety and security of our nation’s communications.”

Rosenworcel adds that the FCC’s challenge as of today “is to couple Congress’s vision with strategies for successful implementation, so we’re going to hit the ground running.”

And, she adds, “It’s not time to think small—and we can’t afford to act slowly either.”

That’s why I have asked the FCC staff to prepare presentations for the Commission’s February Open Meeting on the plans for each of these tasks.

What’s on deck? Progress on the effort to create an Emergency Broadband Benefit Program, next steps for the agency’s COVID-19 Telehealth program, the work the agency is doing to improve its broadband maps, and two rulemakings seeking comment on security initiatives from Congress are on the agenda.

Adam Jacobson

MFM 2021 CFO Summit, A Virtual Affair, Selects Co-Chairs

Radio+Television Business Report
4 years 4 months ago

The EVP/CFO of the Radio Advertising Bureau, the VP/CFO of Graham Media Group, and the VP/Corporate Controller of Hubbard Broadcasting have been chosen to serve as the co-chairs for the Media Financial Management Association’s (MFM’s) 2021 CFO Summit.

Scheduled for March 11-12, this year’s two-day event will be held virtually.

And, it will be led by the RAB’s Van Allen, Graham executive Kimberly Parker, and Paul Yates (pictured), of Hubbard.

Now in its 15th year, MFM’s annual CFO Summit is an opportunity for senior media finance professionals to exchange thought leadership as they discuss issues facing the industry. Interactions with peers and expert speakers also result in real solutions to the challenges that media industry CFOs face daily.

Confirmed topics for 2021 include a look at live events now being constrained by pandemic restrictions, a media-specific economic overview, a deep dive into automotive industry trends, post-pandemic revenue opportunities, and a CFO roundtable.

 

RBR-TVBR

Scripps Selects A Ex-Turner Research Head As CRO

Radio+Television Business Report
4 years 4 months ago

Most recently he provided brand strategy, consumer insights, and custom market research as a consultant for NBCUniversal, Disney, Crown Media and the Weather Channel.

Before that, he previously spent 14 years directing all programming and marketing analysis for Turner Entertainment Networks as SVP/Research.

Now, he’s the new Chief Research Officer at The E.W. Scripps Company.

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Adam Jacobson

Rosenworcel to Staff: “Put Consumers First”

Radio World
4 years 4 months ago

“We have work to do to put consumers first.”

Jessica Rosenworcel made her first remarks as the new acting chairwoman of the Federal Communications Commission via video the commission staff on Monday.

She spoke about supporting “digital equity,” of policies that keep the public “cybersecure,” and keeping media policies current “while also honoring our longstanding values of competition, localism, and diversity.”

Rosenworcel is heading a panel that currently has two Democrats and two Republicans, until such time as the open Democratic seat is filled.

Below is the text of her remarks as provided by her office:

>>>

Good afternoon. It is an absolute honor to address you today as Acting Chairwoman. As you may know, last week President Biden designated me to take the reins of the Federal Communications Commission. I thank the President for the opportunity to lead this great agency at a time when its work is more important than ever before.

The FCC staff is not just uncommonly talented and knowledgeable about communications law and policy, it’s also an exceptional group of public servants. I think public service is a special calling.

I also like to think it runs in my family. I grew up mostly in New England, with pitstops in Southern Illinois and Northern New Jersey along the way. My father served in the Air Force and later went on to a career as a nephrologist in Hartford, Connecticut. For three decades he ran the city’s clinic for hypertension and kidney failure. My mother spent over two decades helping run a soup kitchen. And my grandfather before them served in the United States Customs Service right here in Washington. My great grandfather before that served the public in a different way—he swept the streets of New York.

As some of you may know, as a young lawyer I worked at the agency as staff. I then served in Commissioner Copps’ office before going on to work as counsel to the Senate Committee on Commerce, Science, and Transportation under the leadership of Senator Inouye and later Senator Rockefeller. So when I was first sworn in as a Commissioner, it felt like coming home. Because the fact of the matter is that we are a family here at the FCC, too. We share professional accomplishments. We celebrate life’s events together. We weather uncertain times together. But above all, we work hard together toward the same goal—advancing the public interest.

I know that doing all of this during the last year has been difficult. It seemed like overnight our daily routines pivoted from commuting to the office to working from kitchen tables and living rooms. We’ve all had to adjust to new ways of being that help keep us safe. All of this means many of us haven’t been together in nearly a year and I know I miss seeing you in the halls, grabbing coffee, and convening in our meeting rooms.

At home I find myself navigating this new normal, speaking at a video conference one moment, organizing a call the next, and reading the work of the agency all while also serving as chief Wi-Fi fixer and snack-maker in my household. In other words, I know this time is challenging.

This pandemic is not easy. If this virus has touched you or your family, know that you have my support and the support of the agency. Your safety and security are paramount.

To that end, I want to note that my predecessor did an exemplary job of keeping the agency staff informed and safe. I want to assure you that the existing remote work policies will not be disturbed by this transition.

As difficult as it is, this pandemic has also demonstrated how important our work is at the FCC. Because as a nation we need connections—physical and digital—that strengthen our mutual bonds. We benefit from communications that reach all and help us work, learn, be informed, enlightened, and entertained. And we need connections that can break down barriers that for too long have held too many back.

As if on cue, a new appropriations law has provided this agency with authority to help do just that. Congress directed us to establish an Emergency Broadband Benefit to expand access to high-speed connections and assist those struggling in the ongoing economic crisis. It tasked the agency with expanded support for telehealth and provided funding that will make our networks more powerful and more secure.

These efforts surely will take up time in the next few weeks, but they only scratch the surface. We have work to do to put consumers first. We have work to do to support digital equity, especially in communities that have been overlooked and underserved for too long. We need to advance communications policies that keep the public safe and cybersecure. We have work to do to continue our history-making wireless and auction policies that serve as a global model. We have work to do to build bridges and find common ground with our state, local, and Tribal partners. We have work to do to ensure that our functional equivalency policies live up to our responsibilities under the Americans with Disabilities Act. We have work to do to keep media policies current, while also honoring our longstanding values of competition, localism, and diversity. We have work to do to ensure that all students have the internet access they need for a fair shot at 21st century success, no matter who they are or where they live. And we have work to do to ensure open, reliable, and affordable broadband reaches 100% of this country—rural areas, urban areas, and everything in between.

All of this means every single person at this agency has something to contribute. From the dedicated staff in our field offices to the professionals that keep our agency running in Washington to the attorneys, engineers, and economists that populate our offices and Bureaus, know that your work matters. It makes a difference.

Finally, I’d like to close by recognizing Commissioner Carr, Commissioner Starks and Commissioner Simington. This agency is well-served by these men and their contributions, their interests, and their public service. I look forward to working with each of them in the days ahead.

We have a lot to do. I can’t wait to get started. Thank you.

The post Rosenworcel to Staff: “Put Consumers First” appeared first on Radio World.

Paul McLane

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