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| Site Updated: May 9, 2008 6:54 PM ET |
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Clear Channel Radio Revs Down $29.6M In Q1
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Overall company revs up 4% to $1.6 billion
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Clear Channel Communications on Friday (May 9) reported a revenue
decline of $29.6 million for its radio division during the first
quarter of 2008 as compared to the same period of 2007. The company
says that "declines in local and national revenues were partially
offset by increases in traffic, on-line and syndicated radio revenues.
Local and national revenues were down partially as a result of overall
weakness in advertising as well as declines in automotive, retail and
services advertising categories."
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| Updated May 9, 2008 6:54 PM ET |
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Saga’s Q1 Net Income Jump 23%
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Small-and-mid-size-market operator Saga Communications said its first
quarter net income was $910,000, or a nickel per share, and up 23% from
the $740,000 (4 cents per share) it reported during the same period
last year. The company also said its net
operating revenue was $31.5 million, off $351,000 from the same
quarter the prior year, but that station operating expense fell
$574,000 to $25.4 million.
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Salem Broadcast Revs Fall 3%, But Overall Income Soars
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Salem Communications, the Christian-themed broadcaster and online content provider based on the West Coast, said on Friday (May 9) that net income increased from $3 million (12 cents per share) to $5 million (21 cents).
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Goldstone Exits Sire, Joins Q Prime
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Michael Goldstone will be exiting his post as president of Sire Records to join Q Prime, where he'll be responsible for the day-to-day operations of a soon-to-be-named independent label. Based in New York, Goldstone will also be signing artists as management clients to Q Prime and expects to continue to work closely with a number of Sire artists.
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CHR/Top 40 |
| No.1 |
Leona Lewis
Bleeding Love |
| +446 |
New Kids On The Block
Summertime |
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Rhythmic |
| No.1 |
Lil Wayne Feat. Static Major
Lollipop
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+293
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Usher Feat. Beyonce & Lil Wayne
Love In This Club, Part II
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Hot AC |
| No.1 |
Daughtry
Feels Like Tonight |
| +143 |
Leona Lewis
Bleeding Love |
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AC |
| No.1 |
Sara Bareilles
Love Song
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+136
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Lifehouse
You And Me
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Alternative |
| No.1 |
Weezer
Pork And Beans |
| +810 |
Offspring
Hammerhead |
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Active Rock |
| No.1 |
Disturbed
Inside The Fire
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+416
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Shinedown
Devour
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Rock |
| No.1 |
3 Doors Down
It's Not My Time |
| +87 |
Shinedown
Devour |
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Triple A |
| No.1 |
Death Cab For Cutie
I Will Possess Your Heart
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+49
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Coldplay
Violet Hill
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Urban |
| No.1 |
Lil Wayne Feat. Static Major
Lollipop |
| +437 |
Keyshia Cole
Heaven Sent |
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Urban AC |
| No.1 |
Keyshia Cole
I Remember
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+135
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Marvin Sapp
Never Would Have Made It
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Rap |
| No.1 |
Lil Wayne Feat. Static Major
Lollipop |
| +550 |
The-Dream
I Luv Your Girl |
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Country |
| No.1 |
James Otto
Just Got Started Lovin' You
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+16944
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Lady Antebellum
Love Don't Live Here
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Christian AC |
| No.1 |
Jeremy Camp
Let It Fade |
| +62 |
Francesca Battistelli
I'm Letting Go |
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Latin Pop |
| No.1 |
Mana
Si No Te Hubieras Ido
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+52
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Rihanna Feat. Ne-Yo
Hate That I Love You
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Tropical |
| No.1 |
NG2
Ella Menea |
| +64 |
Victor Manuelle
Yo No Se Perdonarte |
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Regional Mexican |
| No.1 |
Vicente Fernandez
La Derrota
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+102
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Cuisillos
Vive Y Dejame Vivir
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Gospel |
| No.1 |
Marvin Sapp
Never Would Have Made It |
| +52 |
Dr. Ed Montgomery
The Lord Is Blessing Me Right Now |
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Smooth Jazz |
| No.1 |
Jessy J
Tequila Moon
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+22
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Wayman Tisdale
Throwin' It Down
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Latin Rhythm |
| No.1 |
Flex
Te Quiero |
| +56 |
Tommy Torres
Pegadito |
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| Updated May 9, 2008 6:54 PM ET |
Jackie Selby is the new midday goddess at Entercom AC KOSI/Denver, where she fills the gap made by APD/midday dude Steve Hamilton's recent departure. Selby is a known quantity to the Mile-High area, having been heard most recently on KTNI (Martini on the Rockies) and also spent time at KOSI sister KALC (Alice 105.9).
Rick Rodham departs mornings at Buckley Hot AC KLLY (Kelly 95.3)/Bakersfield, leaving co-host Darci behind to take over the controls herself, ably backed by producer Niki.
George McFly (not Crispin Glover) returns to Denver to do afternoons on Clear Channel Rhythmic AC KPTT (95.7 The Party). He doesn't even have to trade in his Colorado plates -- McFly transfers up from Top 40 sister KVUU (My 99.9)/Colorado Springs, but he's known around the Mile-High City of Oxygen Deprivation for his time at KALC (Alice 105.9) and one of The Party's previous incarnations: KFMD (95.7 Kiss FM). McFly fills the gap made when Issa moved to mornings to replace Wake Up With Whoopi.
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| Copyright ©
2008 The Nielsen Company. All Rights Reserved.
No Unauthorized Copying. |
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In the May 9 issue of R&R …
• EYE ON NO. 1 – Can the online partnership between CBS Radio and AOL Radio unseat Clear Channel and Yahoo from the top of the Internet radio heap?
• MANAGEMENT/MARKETING/ SALES – Keeping pace with advertiser expectations requires more sophisticated online metrics.
AND
• PUBLISHER’S PROFILE -- D.C. broadcast attorney John Wells King urges radio to “never lose sight of the potential impact of new technologies.”
• SOUND DECISIONS -- Double cross: Blake Shelton scores with pop hit, while Darius Rucker rises on the country chart.
... plus much more editorial in every format, industry news, Street Talk and the most trusted charts in the business!
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