Report: WTOP is No. 1 radio station for ad revenue once again | FCC's Wheeler, Pai put forth competing JSA claims at House hearing | Aereo says "there is no plan" if it loses Supreme Court case
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March 26, 2014
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Report: WTOP is No. 1 radio station for ad revenue once again
Hubbard's WTOP in Washington, D.C., for the fourth year in a row generated the most ad revenue among U.S. radio stations in 2013, BIA/Kelsey is reporting. WTOP tallied $63.5 million, followed by two Clear Channel stations, KIIS in Los Angeles with $61.6 million and WHTZ in New York with $51 million. CBS Radio owned five out of the top 10 revenue-generating stations. AllAccess.com (3/26), Radio Ink (3/25)
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Business & Industry Report
FCC's Wheeler, Pai put forth competing JSA claims at House hearing
The Federal Communications Commission's plan to sharply curtail joint-sales agreements could boost minority station ownership by making outlets less costly to own, FCC Chairman Tom Wheeler said during a House panel hearing. Republican FCC member Ajit Pai disagreed during the hearing, arguing that JSA limits would have the opposite effect on ownership diversity and could lead to small-market stations shutting down. "To me, it strains credulity to suggest you could take away those efficiencies ... and hope to have diversity embodied in this industry," Pai said. "It's simply not going to happen, given the current economic environment." TVNewsCheck (free registration) (3/25), Broadcasting & Cable (3/25)
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Aereo says "there is no plan" if it loses Supreme Court case
It's all or nothing for Aereo -- the streaming service won't continue to exist if the Supreme Court finds it in violation of broadcast networks' copyrights, according to Aereo CEO Chet Kanojia. "There is no plan," Kanojia said about what the company would do if it loses the case. "If we don't succeed, despite our best efforts and the good law being on our side, it would be a tragedy. But it is what it is." FierceCable (3/25)
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Technology
Media storage platforms will be on display at NAB Show
Media storage platforms and recording devices from a range of providers will be on display at the NAB Show in Las Vegas. Interest in storage solutions is rising amid greater use of cloud-based and 4K technology, Susan Ashworth writes. This article provides a roundup of the storage and recording technology to be featured at the show. TV Technology (3/25)
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Broadcast Programming
Report: Audiences grew for local news in 2013, while cable suffered
Local TV news viewership last year increased for the first time since 2008, while cable news networks tallied their lowest ratings in six years, the Pew Research Center has found. Pew also found there were fewer local stations producing news content than in 2010 as more stations took advantage of content-sharing agreements. Broadcasting & Cable (3/25)
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WADO sets deal with WFAN for Yankees' Spanish-language broadcasts
CBS Radio's WFAN has reached an agreement with WADO-AM that will keep Spanish-language broadcasts of New York Yankees games on the Univision Radio network. WFAN, which is kicking off a multiyear deal as the Yankees' radio home this season, will handle production for the WADO broadcasts. Radio Business Report (3/25)
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Related Industry News
Blackout of Viacom channels looms for 5 million cable customers
If Viacom and the National Cable Television Cooperative fail to reach a carriage agreement by April 1, more than 5 million cable TV customers in rural areas could lose access to nearly two dozen Viacom channels. The NCTC, whose membership consists of approximately 800 small cablers, said the lack of progress on talks could result in its first major blackout of programming. Multichannel News (3/25)
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People & Personalities
Lachlan Murdoch is given major role at News Corp, 21st Century Fox
Rupert Murdoch has named his older son, Lachlan, as non-executive co-chairman of News Corp and 21st Century Fox. The media titan's younger son, James, has become co-chief operating officer at 21st Century Fox. Reuters (3/26)
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NAB News
Check out the 2013 NAB Television Financial Report
This comprehensive report on television station revenues and expenses in the U.S includes 81 tables that show a comparative analysis by market size, station affiliation and revenue categories. This report assists with the budgeting process and provides answers to the most challenging financial questions across the television industry. Purchase your copy today at NABStore.com.
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Recruit talented staff at the NAB Show Career Fair
Reserve your company's spot at the NAB Show Career Day, hosted by the NAB Education Foundation in partnership with the Broadcast Education Association. Held April 9, 2014, in the Las Vegas Hotel and Casino Pavilion, Career Day provides media companies with an opportunity to network with more than 1,000 experienced professionals, college students and entry-level job seekers interested in broadcast. Participants receive Equal Employment Opportunity credit. Reserve your booth now or contact Isabelle Tilghman for more information.
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SmartQuote
Love is a great beautifier."
-- Louisa May Alcott,
American writer
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