IHeartMedia Is Getting Ready To Buy… Something
iHeartMedia has requested approval from U.S. Bankruptcy Court to buy all of the membership interests in a company but the specifics of the deal are being kept confidential. The publicly available version of the filing doesn’t name the company or the deal price or include the purchase agreement, dated Aug. 29, which iHeart is seeking permission to consummate.
No Ownership Item On FCC’s Sept. Agenda
A widely anticipated vote on proposals to modify the FCC’s national media ownership rule will not be on the agency’s Sept. 26 meeting agenda — and it was unclear at deadline when the item would be considered.
FM Translators: Troublesome Or Terrific?
It’s no secret that the FM translator has provided a big boost to more than one AM radio station. At the same time, the FM translator has given the nation’s largest operator of FMs and AMs — iHeartRadio — an added boost in many markets through the rebroadcast of its HD multicast stations.
Cordcutting jumpstarts market for over-the-air antennas
About 8.1 million Americans will buy TV antennas this year, according to a mid-year analysis by the Consumer Technology Association, reflecting the growing audience for over-the-air broadcast signals as more homes cut—or at least trim back—their cable subscriptions. This year’s estimates will mark a peak in antenna sales, which have been hovering just under the 8 million level for several years and which are expected to decline only slightly in the near future, according to CTA’s latest analysis.
MTV Got It Wrong: Video Fulfilled The Radio Star
In 1994, Howard Stern became one of the first broadcast personalities to simulcast his syndicated radio show on national cable television, first on E!, then on a handful of CBS-TV affiliates late Saturday night, featuring taped highlights of his radio program. Just behind was Don Imus. For three hours each morning, first RFD-TV and then Fox Business Network pointed a single camera toward the grizzled host, donning his familiar cowboy hat and ranch coat. Without a doubt, we’ve come a long way, baby.