Radio Show

Farber announces RAB initiative to examine radio streaming

Friday, September 20, 2013 - 9:10am

Radio Advertising Bureau CEO Erica Farber revealed in her address at The Radio Show yesterday her organization has created a "Streaming Initiative Committee" and is "taking a deep dive look into all aspects of streaming — definitions, delivery, metrics, etc." She promised more would be revealed in the coming weeks.

Farber assessed broadcast radio's new tech track record by saying "Unlike some other media, radio has taken an aggressive stand and taken advantage of technology to deliver content."

Of course, many industry observers would say exactly the opposite. Truly, how aggressive can the industry be if the RAB is announcing a fact-finding initiative on streaming technology in the year 2013?

Nonetheless, Farber suggested the ad community is on board, saying, "Advertisers recognize the importance of delivering their ad messages across all of radio’s platforms including radio’s fastest growing segment -— digital."

RadioWorld.com has the transcript of Farber's address here.

RAIN Summit autumn event Sept. 17 before Radio Show

Wednesday, June 5, 2013 - 12:35pm

David Field, president and CEO of Entercom Communications, will be the keynote speaker at this year's RAIN Summit Orlando on Tuesday, September 17th. RAIN Summit's annual half-day fall conference will take place the day immediately preceding The RAB/NAB Radio Show.

As leader of one of the nation's largest radio broadcasting companies, Field has worked in various positions in Entercom for 26 years and currently serves on the boards of the Radio Advertising Bureau, the National Association of Broadcasters, and The Wilderness Society. Fields was recognized as the 2006 Radio Executive of the Year by Radio Ink Magazine and one of the best CEOs in America by Institutional Investor Magazine in 2006, 2007, and 2008.

"We are thrilled to feature David Field as our keynote speaker at this year’s RAIN Summit at The Radio Show," said RAIN Summits president Jennifer Lane. "Entercom is one of the most innovative broadcast companies, distributing content across a wide variety of new media platforms to best serve their listeners."

Hosted by RAIN: Radio And Internet Newsletter publisher Kurt Hanson, the Summit will feature a variety of other speakers and panelists, offering insights on advertising sales, programming, audience metrics, social media, and emerging technology in online radio. Hanson will also make his "State of the Industry" address on the present and future of radio and new media.

An official partner event of The Radio Show, RAIN Summits are the premiere educational and networking events for Internet radio, focusing on the intersection of radio and the Internet. RAIN Summits are geared to broadcasters pureplay webcasters alike.

Previous RAIN Summit keynote speakers include CBS Radio CEO Dan Mason, Pandora founder Tim Westergren, RAB president/CEO Erica Farber, Clear Channel EVP/Digital Sales Tim Castelli, NPR SVP/Digital Media Kinsey Wilson, ESPN SVP Traug Keller, and Pandora CEO Joe Kennedy.

RAIN Summit Orlando is Tuesday, September 17 at the Rosen Shingle Creek Resort in Orlando. We'll soon announce more speakers and panel topics. You can always find the lastest information, along with registration links, on the RAIN Summit Orlando web page here. For sponsorship information, contact RAIN Summits president Jennifer Lane.

Edison interviews with buyers show radio needs to up its digital game

Tuesday, September 25, 2012 - 1:20pm

At last week's RAB NAB Radio Show in Dallas, Larry Rosin and Edison Research showed video interviews they'd conducted with media buyers, planners, and executives about broadcast radio's (and webcasters') digital initiatives.

At least it's good to know where you stand, right?

Edison asked these professionals about the role that radio can play in a multi-media ad buy, how they perceive the level of digital expertise of the radio reps they encounter, specifically about radio streams and web sites, about Pandora in particular, and about the data stations can give back to clients that advertise on digital channel.

The interview subjects are pretty bluntly honest with their opinions, and that's a good thing. And, they're not 100% negative. But they do give broadcasters a really clear view of how they need to learn and execute if they hope to maintain dominance in new media.

"The buyers of today are looking for the mass and response that radio elicits, but they are equally looking for measurability, personalization, efficiency and trackability," Rosin wrote. "Radio has to continue on a parallel path of innovation to provide these items to advertisers or simply watch its portion of the total advertising pie continue to slowly diminish."

At RAIN Summit Dallas last week, Michael Theodore of the IAB moderated a wonderful panel dicussion ("Identifying Opportunities for Advertisers in Internet Radio") with digital media buyers, specifically about radio and webcasting. We'll feature highlights of that discussion in RAIN soon (and, we've put audio of the panel on SoundCloud -- see the right-hand margin of RAIN).

View the Edison interviews here.

Like CC, Entercom will now pay label Big Machine for on-air plays in exchange for lower streaming fees

Thursday, September 20, 2012 - 10:55am

Now a second broadcaster, Entercom Communications, has made an agreement with record label Big Machine to pay a percentage of ad revenue royalty on over-the-air plays of Big Machine recordings in exchange for lower streaming royalties.

In June Clear Channel and Big Machine announced a similar deal (coverage here), perhaps signalling Clear Channel's understanding that (a) online streaming will soon be a far larger part of its business than it is today; and (b) it's likely that broadcast radio's exemption from sound recording royalties days are numbered.

"As great and leading visionaries in the broadcast world continue to look into the future they are seeing where listeners are going in regards to how radio is being used now and where and how it will be used in the very near future," Big Machine president Scott Borchetta said. His company, an independent label with acts like country stars Taylor Swift, Tim McGraw, Rascal Flatts, and Reba McEntire, announced at the RAB NAB Radio Show in Dallas today its agreement with Entercom, owner of more than 100 stations in 23 U.S. markets.

Terrestrial broadcasters pay royalties amounting to a small percentage of their revenues to the composers and publishers of music. Congress has not mandated broadcasters pay for the use of copyright sound recordings, a fact that's long angered the record industry.

Internet radio, while paying similar compostion/publishing royalties as broadcasters, is required to pay sound recording copyright owners royalties that -- if not for emergency deals that temporarily reduced the rate the government set -- would have amounted to multiples of even the most successful webcaster's annual revenue.

Pandora founder Tim Westergren pointed to the Clear Channel/Big Machine agreement at the time as "evidence that even for a company of Clear Channel’s size and business competence, they are realizing that Internet radio is a tough business... I feel like it’s just one more signal that something is broken in the royalty rate setting for Internet radio." Westergren had addressed (here) the "Future of Audio" House Subcommittee on Communications and Technology hearing right after the Clear Channel deal was announced.

Apparently, CBS Radio has no plans to make any such agreements with labels. At the Radio Show, CBS CEO Leslie Moonves, said, "The idea that we have to pay them to put their music on our radio stations is absurd."

Read more in The New York Times here.

And if you're not in Dallas, follow along on Twitter, and later we'll post audio from the Summit

Tuesday, September 18, 2012 - 11:15am

Today we're in Dallas for our annual fall RAIN Summit event in conjunction with the RAB NAB Radio Show (which kicks off here in Dallas tomorrow).

We hope to see you here today. But whether you've made it to Dallas or not, we invite you to follow along on Twitter (use the hashtag #RAINSummit, and you can follow us @RAINTwitter and @RAINSummits). We'll also soon post audio of the day's events, and as usual, look for follow-up coverage here in RAIN in the coming days. 

The speaker list and agenda are on our RAIN Summit Dallas page here. We're in the Wedgwood Room, which is in the tower section of the Hilton Anatole.

Some of today's scheduled highlights include:

  • 12:15pm Show opens
  • 2:20pm RAIN publisher Kurt Hanson's "State of the Industry" address
  • 4:30pm Tim Castelli's (Clear Channel President of National Sales, Marketing and Partnerships, pictured) keynote speech
  • 5:35pm The Triton RAINmaker and RAIN Internet Radio Awards
  • 5:50pm The annual RAIN Reader Cocktail Party (Verandah Shelbourne Room)

If you're able to make it to Dallas, we hope you enjoy your stay, and we're looking forward to seeing you.

The Radio Show and RAIN Summit Dallas offer two-for-one discount on event registrations

Thursday, July 5, 2012 - 12:50pm

Registration is now open for RAIN Summit Dallas, our annual half-day educational and networking event in conjunction with the RAB NAB Radio Show. The RAIN Summit is September 18th, beginning at noon, at Dallas' Hilton Anatole.

As we announced (here), Clear Channel Media and Entertainment President of National Sales, Marketing & Partnerships Tim Castelli will keynote RAIN Summit Dallas. As part of the Summit, we'll also make the presentation of the third-annual RAIN Internet Radio Awards (more info here).

In addition to Tim, some of the industry's leading innovators will be there for our panel discussions. Company leaders like iHeartRadio SVP Owen Grover, UK Radioplayer managing director Michael Hill, WCHL/Chapelboro.com CEO Barry Leffler, and Myxer founder Myk Willis are confirmed.  We're also looking forward to contributions from other top industry sales, marketing, content, and services experts.

They'll all take part in the afternoon's panel discussions, which will focus on monetizing the mobile platform for radio, the best practices in advertising on Net radio, innovative online content, social network marketing, and online strategies for local radio. Finally, RAIN publisher Kurt Hanson will share his take on "where we are and where we're going" with his "State of the Industry" address. 

The Radio Show is currently offering a special two-for-one discount if you plan to attend both the Radio Show and RAIN Summit Dallas. Just register for the Radio Show (here), and make sure you select the "Radio Show/RAIN Summit Two-for-One Discount" option. If you plan to just attend RAIN Summit Dallas, register here. See you in Dallas!

We're also looking forward to RAIN Summit events at The Conclave in Minneapolis July 20th (details here); and our first event outside North America, RAIN Summit Europe, October 5th in Berlin (here). 

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