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Industry News

The Red Hot Audio Stock: iHeartMedia

Radio+Television Business Report
3 years 11 months ago

On Dec. 23, 2020, iHeartMedia shares finished the day at $11.99. It was a good finish, as IHRT in early July was trading in the mid-$6 range.

With Wednesday’s Closing Bell on the Nasdaq GlobalSelect market, investors who have had IHRT for the past year will certainly be celebrating.

Why? They’ve more than quadrupled their dollars.

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Adam Jacobson

A Reno LPTV Facility Trades Hands

Radio+Television Business Report
3 years 11 months ago

A low-powered TV station offering Azteca América programming to Nevada’s second-largest market is being sold.

It marks an 11-year end of ownership by a group that grabbed the facility from the bankrupt Equity Media Holdings in 2009.

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Adam Jacobson

Amazon Studios Associate GC Joins DWT In L.A.

Radio+Television Business Report
3 years 11 months ago

SANTA MONICA, CALIF. — An entertainment industry legal veteran who has been the associate general counsel at Amazon Studios until today has returned to Davis Wright Tremaine LLP after more than 20 years.

It’s a return for an individual who was a DWT associate in the late 1990s.

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RBR-TVBR

Media, Academia Team To Bring ATSC 3.0 To Life In D.C.

Radio+Television Business Report
3 years 11 months ago

An “expansive collaborative effort” is now underway to launch NEXTGEN TV service in the Nation’s Capital, and it is calling on the academic resources and tech team of Howard University‘s public broadcasting TV station in Washington, D.C., to get the ball rolling.

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Adam Jacobson

A New Alternative For Birmingham: The CCM Way

Radio+Television Business Report
3 years 11 months ago

From atop Red Mountain in Birmingham, a 130-watt FM translator blankets the metropolitan area of Alabama’s biggest city with Alternative music and the Premiere Networks’ syndicated offering The Woody Show in morning drive.

This microstation has been on the air since 2017. Soon, it will disappear. In its place: Christian Contemporary music.

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Adam Jacobson

Digigram Launches Codec for MPX Over IP

Radio World
3 years 11 months ago

Digigram introduced the Iqoya X/Link-MPX codec, intended for delivery of an FM MPX composite signal to one or several transmitter sites.

“Currently, most of the studio-to-transmitter links for FM transmissions rely on the transport of the baseband audio signal over IP networks,” the company noted in its release. “This requires the FM composite MPX signal to be generated at each transmitter site with devices such as sound processors and RDS encoders.”

[Check Out More Products at Radio World’s Products Section]

It cited growing demand for the transport of the MPX signal to be generated at the studio, “since it will help reduce the number of required equipment at the transmitter sites, optimize the global power consumption and maintenance costs.”

The Digigram X/Link-MPX supports analog MPX and digital MPX AES192, allowing analog-to-analog, analog-to-digital, digital-to-analog and digital-to-digital distribution of the MPX signal.

Optional µMPX compression is available to reduce the cost of transportation by using inexpensive network links.

Features include Forward Error Correction and redundant dual streaming with time diversity in PCM to ensure reliable transportation of IP streams. The codec uses the same hardware platform as the Iqoya X/Link range, and features internal redundant power supply units.

Info: www.digigram.com

Send your new equipment news to radioworld@futurenet.com.

 

The post Digigram Launches Codec for MPX Over IP appeared first on Radio World.

RW Staff

NABOB to Congress: Support LRFA

Radio+Television Business Report
3 years 11 months ago

One of the nation’s key advocacy groups for African American broadcasters has called on Members of Congress to support the Local Radio Freedom Act, a resolution that would “protect” AM and FM radio stations from “being forced to pay significant additional new performance royalties.”

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Adam Jacobson

SBS Elevates Albert Rodriguez to President

Radio World
3 years 11 months ago

The Spanish Broadcasting System has a new president for the first time in 36 years, though long-time incumbent Raúl Alarcón remains at the helm as chairman and CEO.

Albert Rodriguez will succeed Alarcón as president of SBS.

“Mr. Rodríguez will retain his current title of chief operating officer and will report to Mr. Alarcón, who will continue in his position as chairman and chief executive officer.”

[Visit Radio World’s People News Page]

The company said the president role means managing operations and “overseeing the future growth and financial performance of the company’s radio, TV, digital and experiential businesses and market-leading brands.”

Alarcón has led SBS since 1985. The company describes itself as “the nation’s largest Hispanic-owned and targeted media and entertainment entity.” Its assets include New York station WSKQ(FM), “America’s most-listened-to station in any language and the #1 Spanish-language station in the world.” It has stations in other big Hispanic markets like Los Angeles, Miami, Chicago, San Francisco and Puerto Rico, with formats like Tropical, regional Mexican, Spanish adult contemporary, top 40 and Urbano. It also includes the Aire radio network, LaMusica app, MegaTV network and a concert promotion business.

Send news of engineering and executive personnel changes to radioworld@futurenet.com.

 

The post SBS Elevates Albert Rodriguez to President appeared first on Radio World.

RW Staff

A Normal Deal Brings EMF More Hoosiers

Radio+Television Business Report
3 years 11 months ago

Educational Media Foundation has scooped up yet another station, as it solidifies its ranking as the No. 2 licensee of radio stations in the U.S. behind iHeartMedia.

It’s grabbing an Indiana Class B1 FM, bringing the cities of Normal and Bloomington into EMF’s expanding universe of Christian Contemporary Music networks.

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Adam Jacobson

‘Real Country’ Poised For A Latino Rebirth

Radio+Television Business Report
3 years 11 months ago

With a three-tower transmitter array putting a market-wide signal over the Kansas City metropolitan area, a Class B AM has been serving this Mid-America market with “Real Country” programming.

That’s poised to change, as a Hispanic-focused broadcast entity is purchasing this facility.

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Adam Jacobson

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