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January 7, 2010

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NEWS Thursday, <strong>January</strong> 7, <strong>2010</strong><br />

lot of years to get the microphone, to have an opportunity to advocate for the middle class in this country,” he said. But North<br />

Dakota Democrats believe Schultz’s name recognition will help them raise funds in what’s expected to be a tough battle to<br />

hold onto the seat.<br />

Broadcasters Foundation honors Phil Lombardo. The Broadcasters Foundation of America board of directors has voted to<br />

rename its annual NAB Show golf fundraiser as the Philip J. Lombardo Charity Golf Tournament, in honor of the Foundation’s<br />

chairman. BFA co-chair and Katz Media Group CEO Stu Olds says, “Phil’s dedication to broadcasting, and his tireless efforts<br />

to help those in need, merits this well-deserved recognition.” Lombardo says he’s honored by the board’s action and says<br />

the Broadcasters Foundation is a perfect opportunity to help radio and television broadcasters in need. “I would encourage<br />

everyone in our great business to become involved with this worthwhile mission,” he says. Through the years the annual Las<br />

Vegas event has raised hundreds of thousands for the charity. This year’s tournament is scheduled for Sunday, April 11 at<br />

the Bali Hai Golf Club in Las Vegas.<br />

Inside Radio News Digest…Music sales fall again…For the eighth time in nine years Nielsen SoundScan reports album<br />

sales fell 13% in 2009 to 374 million units. That compares to 785 million in 2000. Digital comprised 40% of last year’s music<br />

sales and consumers bought 1.16 billion songs from iTunes and other outlets. But digital sales grew by just 8% compared to<br />

a 27% rise a year earlier. Taylor Swift’s “Fearless” was the year’s best-selling album…Sigalert price revealed…Westwood<br />

One will pay $2.5 million to Jaytu Technologies for the traffic service company Sigalert according to regulatory filings. The<br />

half cash-half stock deal could grow by $1.5 million if pending television deals are signed…Vikings don’t jump ship…Clear<br />

Channel signs the NFL Minneapolis Vikings to a two year contract extension keeping the team on sports KFAN. The team<br />

promises there will an “increased Vikings presence across all local Clear Channel stations and websites.” The Vikings have<br />

been with the cluster since 2001…Positive signal for Emmis…The company will take its battle to regain its 16-station<br />

network to a Hungarian judge <strong>January</strong> 19 as it fights to put Slager Radio back on the air. A Budapest court ruled government<br />

regulators erred when another broadcaster also lost its stations last November…Schools named for Sutton…Politicians,<br />

activists and other dignitaries filled a Manhattan church yesterday to honor Inner City Broadcasting founder Percy Sutton.<br />

New York Mayor Michael Bloomberg announced the city would name a Harlem school complex after Sutton, who died last<br />

month at 89…New Mexico stations team up…Entravision, Citadel and Clear Channel are teaming up with TV broadcaster<br />

LIN Media as well as an ad agency and public relations firm to help a non-profit blanket the state. They’ll pick one group<br />

and develop a pro bono campaign worth an estimated $1 million in marketing and ad time…CRB seeks humanitarians…<br />

Country Radio Broadcasters has extended its deadline to accept applications for the <strong>2010</strong> Radio Humanitarian and Promotion<br />

Awards, to be handed out at CRS <strong>2010</strong> next month. The awards honor community service efforts and a successful promotion.<br />

Winners get free CRS registration, including airfare. Applications are due <strong>January</strong> 15.<br />

People Moves, News & Notes —<br />

CBS Radio names Steve Carver as its new Cleveland market manager, succeeding Chris Maduri. It’s a return to radio and<br />

CBS for Carver, who spent time at Tribune after leaving CBS Radio in 1998..Compass Media adult alternative KPRI, San Diego<br />

(102.1) station manager Bob Burch resigns after five years with the station. KPRI also names “100.3 The Sound” KSWD,<br />

Los Angeles APD/MD Haley Jones as its new program director…Citadel “True Oldies” WLS-FM, Chicago (94.7) morning<br />

host Brant Miller has exited, after the station opted not to renew his contract which expires in April. Part-time host Tom<br />

O’Toole will fill in until a permanent replacement is named. Miller is a weatherman at WMAQ-TV (Channel 5)…Oasis Radio<br />

Group country “US 93.3” WBTU, Fort Wayne PD Dave Steele exits to focus on his voiceover business…Former Pittsburgh<br />

broadcaster Phil Musick died <strong>January</strong> 5 of congestive heart failure. He was 71. The Pittsburgh Post-Gazette sports writer<br />

also hosted a talk show on WTAE from 1987 to 1998…Radio is remembering Virginia broadcaster Marjorie Crump, who<br />

died <strong>January</strong> 1. Crump was a co-founder of longtime country station WCMS, Norfolk in 1954 with her husband George.<br />

New Year’s resolution to find a new job? Check out the employment ads at www.InsideRadio.com<br />

INSIDE RADIO STOCKS<br />

Dow close from Wednesday 1/06/10: 10,573.68 up 1.66<br />

Nasdaq 2,301.09 down 7.62 S&P 500 1,1137.14 up 0.62<br />

Close<br />

Change<br />

Arbitron 26.32 up 0.39<br />

Beasley 3.11 down 0.29<br />

CBS 13.73 down 0.45<br />

Citadel 0.03 up 0.01<br />

Clear Channel 3.65 unchgd<br />

Corus 19.60 up 0.14<br />

Cumulus 2.37 up 0.04<br />

Disney 31.82 down 0.17<br />

Close Change Close Change<br />

Emmis<br />

1.22 unchgd<br />

Entercom 7.40 up 0.25<br />

Entravision 3.16 down 0.17<br />

Fisher 14.82 down 1.30<br />

Global Traffic 4.47 up 0.06<br />

Grupo Radio 8.49 up 0.04<br />

Journal 3.68 down 0.13<br />

Lincoln Fin. 26.82 up 0.40<br />

Radio One 3.45 up 0.12<br />

Regent 0.21 up 0.02<br />

Rogers 30.11 up 0.09<br />

Saga 13.06 down 0.30<br />

Salem 5.35 down 0.37<br />

SBS 0.75 down 0.02<br />

Sirius<br />

0.69 unchgd<br />

Westwood One 4.75 down 0.10<br />

MORE NEWS >> InsideRadio.com<br />

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