Clear Channel announces iHeartRadio Networks for cross-media advertising

Media giant Clear Channel today announced iHeartRadio Networks, an advertising sales program that puts CC’s vast, multi-medium inventory on a unified platform. The values for advertisers will be simplified media buys, greater reach, and targeting capability across different media environments. Continue Reading

Clear Channel makes revenue-sharing deal with BBR labels

In a continuation of a series of similar partnerships, Clear Channel has struck a revenue-sharing arrangement with Broken Bow records and Stoney Creek Records, both part of BBR Music Group. The agreement provides performance royalties to the labels and their artists, which Clear Channel (and all terrestrial radio) is not compelled to pay by government licensing regulations. Continue Reading

Digital dollars lead 2013 revenue growth for broadcast radio

The Radio Advertising Bureau (RAB) today released a 2013 revenue report for broadcast radio. By a wide margin, digital revenue led other income segments in year-over-year comparisons. Overall revenues were flat in 2013, when examined through two lenses: full year-over-year, and Q4 2013 vs. Q4 2012. Digital is growing fast from a small percentage of total radio revenue — 5% in 2013. Continue Reading

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Anthony Gherghetta: Why new media should not underestimate old-school radio principles

This guest column is from Anthony Gherghetta, Creative Director at The App Studio in Melbourne, Australia. “Broadcast radio is at a pivot point where it needs to slightly change direction or risk being left behind. In two or three years the ship will have sailed. Revolutions need revolutionaries and radio needs them now.” Continue Reading

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iHeartRadio mobile bulletin on NYC disaster: good digital idea, poor radio experience

Editor’s Notebook: Shortly before noon today, my Android phone pinged with an iHeartRadio notification of a deadly explosion and building collapse in New York. Good job. But the resulting radio experience was ruinous, putting radio’s commercial-load problem in bold relief. There might be a solution. Continue Reading

Jelli’s SpotPlan ad-buying platform gives broadcast buyers digital tools

Jelli has completed its transformation from a listening app to an ad platform with today’s announcement of SpotPlan, which Jelli claims is the first programmatic advertising platform for radio. Programmatic ad-buying is well-established on the Web at large, and is used for planning ad campaigns in streaming audio. Continue Reading

NY Public Radio receives record-setting grant, most of it for digital

WNYC, flagship station of New York Public Radio, announced that NYPR received a $10-million grant from the Jerome L. Greene Foundation, a past major supporter. Most of the money is targeted to development of online products and mobile apps, with the remainder going to WNYC’s Manhattan performance space. Continue Reading

Are Your Listeners For Sale?

Earlier this week, RAINNews reported that an FM station in Boston – WKLB – is running spots for iTunes Radio. The spots are live reads, done by radio station personalities. When asked, the station, owned by Greater Media, issued a statement that kind of sounded like: “if you can’t beat ‘em, join ‘em.” This doesn’t seem like an especially well thought-out strategy. Continue Reading