Industry News

With Monday’s Closing Bell on Wall Street, Cumulus Media shares officially erased five months of growth, negating a climb to $14.75 seen at the end of June — its highest value since the start of the COVID-19 pandemic.

Who knew that the rest of this week would see Cumulus crush it on the Nasdaq?

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With Meredith Local Media poised to become a part of Gray Television by the end of the year, parent Meredith Corp. is apparently in serious conversations with the digital media company owned by Barry Diller to engineer a deal that would spin the majority of its lifestyle and female-friendly assets in a multi-billion deal.

Investors reacted by snapping up Meredith shares, leading to a sharp rise in value in Friday’s trading.

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A group of over two dozen U.S. Senators are urging President Biden to designate acting FCC Chairman Jessica Rosenworcel to a permanent position, making her the first woman to hold the office.

The chairmanship of the commission has been in limbo since Biden was sworn into office on Jan. 20, 2021, with Rosenworcel operating in acting capacity. Some of the group of Democratic Senators (and one Independent, Angus King of Maine) noted that they had voiced their support in a similar letter to Biden after he was declared winner of the 2020 election and said having a permanent chair is important, in light of Congressional efforts to provide funding for expanded broadband access nationwide as well as address the impacts of the 18+ month pandemic, part of the  “Infrastructure Investment and Jobs Act of 2021,” now being considered by the House.

“Given this once-in-a-lifetime opportunity to ensure all people have access to broadband, it is absolutely essential that there are trusted, qualified appointees leading these agencies to coordinate the deployment effort across your administration” the senators — representing 17 states — wrote in a letter to the president.

They asked President Biden to appoint her to the chairmanship “as quickly as possible,” adding that “further delay simply puts at risk the major broadband goals that we share and that Congress has worked hard to advance as part of your administration’s agenda.”

They added that Rosenworcel is the best person for the job.

“There is no better qualified or more competent person to lead the FCC at this important time than Acting Chair Rosenworcel,” the senators said. “We have long experience working with her and her team, and she has already shown an ability to steer the FCC through these extraordinary and difficult times. Importantly, we believe that Acting Chair Rosenworcel will face few obstacles to her confirmation.”

The delay in appointing a permanent FCC chair is “the longest in 44 years,” according to Telecom TV. Capitol Hill pundits speculate that the delay could surround the administration’s indecision on whether to have the commission’s first female chair or whether or not to nominate an African-American to the position.

The post Senators Urge President Biden to Make Rosenworcel Official FCC Chair appeared first on Radio World.

The Federal Communications Commission has extended the due date for FY 2021 regulatory fees to Monday night Sept. 27.

It’s a three-day extension and it applies to all annual regulatory fee payors. The announcement did not provide a reason.

Fees have been in the news in our industry because the commission had planned to raise them for most radio and TV stations, but it backed away from that after getting strong pushback from the industry.

[Related: “Broadcasters Get a Win on Regulatory Fees”]

The post FCC Extends Deadline for Regulatory Fees appeared first on Radio World.

Katie Hoyt was been named market president for Salisbury, Md., by iHeartMedia.

She reports to Brit Goldstein, area president for iHeartMedia Pennsylvania, whom she succeeds in the role. Goldstein was promoted in early 2020 but until now has retained the Salisbury reins as well.

[Visit Radio World’s People News Page]

Hoyt was senior vice president of sales in that market. In the announcement, Goldstein says Hoyt “has done an incomparable job inspiring and leading the Salisbury sales team.”

She is former regional digital sales manager for MediaOnePA, part of Gannett/USA Today, as well as former sales manager for Hanover/York, Pa., for the same organization, where she began her media career.

The iHeart Salisbury market on the Eastern Shore of the state comprises four FM and two AM stations as well as live events, data and digital businesses and platforms.

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

The post Hoyt Is New IHM Market Leader in Salisbury appeared first on Radio World.

It’s no secret that available broadcast TV stations are few and far between for aspiring buyers.

As such, there could be some considerable interest in a low-power TV station being marketed by one veteran media broker that serves one of the biggest metropolitan areas in the Southeast U.S.

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In the words of veteran Boston-area radio programming and marketing pro Clark Smidt, “Speakers become smart when they say the right words or play the best music.

Who’s at the controls? This very question could make the difference between having a consumer call up a personality-free playlist on a streaming audio service, or your radio station’s easily accessible audio stream.

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In May, RBR+TVBR correctly predicted that Allen Media Group would end up purchasing an ABC affiliate that Meredith Local Media had agreed to divest in order for it to complete its $2.825 billion sale to Gray Television.

On Thursday (9/23), the group led by Byron Allen closed on its acquisition of that Meredith property — a move that suggests Gray’s closing on the Meredith properties is on track for a Q4 closing.

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ENCO’s business started with computer-based process control for critical industrial applications in the early 1980s, but it soon focused that technical expertise on broadcasting. In 1991 its first digital audio delivery system, DAD, replaced manual cart systems commonly used to sequence and play audio content.

Bill Bennett is media solutions account manager. This is excerpted from a recent ebook.

Radio World: How has the pandemic experience changed workflows for your clients?

Bill Bennett: Historically, most radio production has been done in the studio, with someone directly iterating with their DAD system at the station. And over the course of a day, that could be perhaps 10 different people needing access to a production or on-air system at different times.

Then suddenly, all these people are working from their homes, but the station can’t have eight or 10 separate DAD physical installations located at each of their homes. That’s one of the examples where WebDAD shines, as it’s a browser-based remote control client, allowing those remote users to connect via VPN back to the main DAD systems at the studio, and keep focused on churning out their content, whether they have a PC or Mac.

RW: Are there new capabilities that have come to the fore?

Bennett: ENCO users are finding new ways to work while remote or mobile, with our HTML-5 based mobile automation solution called WebDAD, which allows for native remote control of our DAD automation system over the public Internet via VPN connection. It’s also a great resource when using part-time talent who need only limited access to some systems or only at certain times.

WebDAD allows users to access to the most popular DAD features remotely via Web browser, whether down the hall or across the country, making it a key component for today’s decentralized radio workforce.

It gives them native connectivity and remote control of their DAD system, where they can do things like library and playlist maintenance, change up their content live with array panels, perform voicetracking, upload audio files, edit heads and tails, and more.

RW: What have manufacturers learned that might affect future designs?

Bennett: The customer more than ever is ready to trust the cloud for storage, playout, automation, and for the sharing of audio and video assets, as well as collaborate on shared documents, notes and rundowns.

Pre-COVID, a lot of radio stations still used a more simplified methodology, not wanting or needing to adopt a Cloud or Internet-based solutions. But the pandemic changed everything and they instantly required it.

Many manufacturers, including ENCO, have been saying, “We have been building out this elegant, flexible way to gain native remote access to your playout over a IP network from a simple web browser” And people were already becoming familiar with Web-based editing of documents collaboratively via products by Google, Microsoft Office and so on, so that’s been helpful to grease the skids in radio production workflows.

The customer is learning there’re many different ways to produce a show, both live and tracked from different locations, literally without skipping a beat now.

RW: What is the role of virtualization?

Bennett: Virtualization is a term used a lot these days. With ENCO’s products, it means a powerful path forward, allowing customers to do things such as build fault-tolerant radio automation solutions that are dynamically scalable, more immune to security threats, and are easier to maintain with lower cost of ownership. Same with our WebDAD product – that virtualizes a DAD playout & automation environment allowing radio talent to build and track their productions from locations far away from the physical DAD installation, securely. It really opens up a whole new set of flexible options for the production folks.

If a broadcaster has to change playout sources from physical studios to a cloud-based instance, perhaps for disaster recovery, if they have a cloud-based playout system in-sync with that — for example, ENCO has our DAD DR solution — that cloud-based system is controlling what’s on the air and feeding the transmitter and streaming end points or streaming CDNs.

And now with Zoom, Skype and the rest, it’s possible to have a fairly high-fidelity audio interview with people all over the world at the same time, where they can see each other’s reactions – then you’ve built a kind of virtual studio at that point, which is super flexible.

RW: Will automation and related software systems move fully to the cloud?

Bennett: Enthusiastically, yes. I am certain we are going to see a mix of hybrid solutions as well as fully cloud-based solutions.

The best for most broadcasters probably is a hybrid solution. But one of the coolest things about the cloud is that you can access your playout securely from anywhere on the web; and your systems are also automatically being backed up for you at the data center, so you’ve got some redundancy built into your cloud system that you may not be able to have at the station (or may lose, if a terrible disaster happens at the station).

RW: Are there special configurations that people are asking for?

Bennett: Yes for sure – for one, they want their remote workers to have access to their on-air systems, and WebDAD brings that to the table. Their staff keeps connected with a familiar interface, from the comfort of their Web browser at home. Also, for those who are at the station but need to keep physically distanced, WebDAD can be installed on computers throughout the station, allowing production staff to access DAD to manage playlists and so forth, without having to go in and out of studios where others have been.

Another is ENCO’s automated speech-to-text captioning product called enCaption. It makes live voice interviews accessible to the hard of hearing and deaf communities by creating real-time captions of what’s spoken on the air, which can then be delivered to the radio broadcaster’s Website in real time.

RW: Are there customers doing particularly interesting or notable things right now?

Bennett: We have a customer in California that has a full DAD solution in the cloud, running six concurrent radio stations, all hosted on Amazon Web Services and using WebDAD to control it.

There are zero physical facilities, it’s all cloud playout. That’s six live concurrent stations that access the playout system from anywhere on the internet. They just need a WebDAD client on the browser and the login back to the main system in the cloud and they can control what’s on the air.

And we’ve got a customer, again on the West Coast, using our video playback platform ClipFire to generate dynamic graphics for news, weather bugs and icons and to squeeze the video in and out of the frame or enlarge and shrink the video to make the graphic sit better. It’s an automated way to help a broadcaster put more contemporaneous texts, news data and crawls into their linear broadcast channel. It’s neat for radio because of the evolving space around visual radio.

The post Radio Automation Goes Mobile appeared first on Radio World.

On September 8, its shares, traded on NYSE, reached a record high of $303.62. Today, with shares slightly lower, American Tower Corp. is among the best performers on Wall Street in the broader telecommuncations sector.

Now, the Boston-based company founded by the late Steve Dodge has priced its registered public offering of senior unsecured notes due 2026, 2031 and 2051.

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