Senate race ads to bring in big bucks for TV
This year's Senate race has resulted in more than 86,000 ad spots being aired thus far, bringing in an estimated $83 million, Kantar Media/CMAG data indicate. An estimated $42 million in ads are expected to run from now through September. "[Donald] Trump at the top of the ticket may lead to even greater spending in down-ballot races as certain states become more competitive" said professor and analyst Ken Goldstein.
Bloomberg (5/19)
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BUSINESS & INDUSTRY REPORT |
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Broadcast radio evolving to include IP-enabled radio
NextRadio and RadioDNS have taken radio broadcasting to the next level by combining radio with IP to create interactive platforms for radio listeners. Technology such as ATSC 3.0 and activated FM chips in smartphones show that the technical limits of the past are gone, giving broadcasters opportunities to enhance radio like never before.
Radio magazine (5/17)
Competition increases as TV growth explodes
The TV industry has seen explosive growth, with production of scripted shows nearly doubling between 2009 and 2015 and companies such as Netflix spending billions in programming. "[W]e're very much living in a time where you can see the art versus the commerce. Sometimes it works, and sometimes it doesn't, but it's all part of the growing pains of whatever this new model of television is," said comedian and writer Yassir Lester.
Vulture (5/18)
NAB highlights the community impact of radio stations
The National Association of Broadcasters is spotlighting radio stations that perform charitable work and give back to their communities. Standouts include Houston stations that provided increased flood coverage in April, Townsquare Media stations that raised $1.4 million for St. Jude Children's Research Hospital and WIBW's milk donations for calves orphaned during Oklahoma and Kansas wildfires in March.
Radio World (5/18)
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Greg Walden wins Republican nomination in Ore.
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Walden (Saul Loeb/AFP/Getty Images)
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Former broadcaster Greg Walden has secured the Republican nomination in Oregon's second district. The victory should allow the congressman to maintain control of a broadcast and telecom House subcommittee. Walden is Oregon's only Republican congressman.
Inside Radio (free content) (5/19)
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Marconi Radio Awards Nomination Window Now Open
The NAB Marconi Radio Awards recognize excellence in the industry. Eligible NAB member stations may apply here until May 31. Winners will be announced at the 2016 Radio Show, held September 21-23 in Nashville. For additional information, contact Melek Demir.
NAB Podcasts: Advertiser Appeal and Marketer Insights for Radio
Speaking at the 2016 NAB Show, Cumulus/Westwood One Chief Insights Officer Pierre Bouvard shares innovative ways radio can appeal to advertisers. Katz Media Group's Executive Vice President of Strategy and Analytics, Stacey Lynn Shulman, talks about how marketers are localizing their messaging and how this helps radio.
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