It’s still more than two months away, but in late November Americans will sit down with their families/friends and gorge themselves on food, then satedly lounge around giving thanks for their bounty. The U.S. radio industry’s going through that process presently, having spent most of the year scarfing up and then trading around FM translator stations.
In quick summary: FM translators are a class of radio station limited to a broadcast power of 250 watts but unlimited in antenna height (the key factor for good FM coverage). They are considered secondary services, in that they must rebroadcast another radio station. For decades, translators have been used as stand-in broadcast nodes by interests who wanted to build out radio networks on the cheap — by and large, these have been religious and public broadcasters who pipe in programming via satellite to air on a translator. Translators don’t require any staff and since they don’t originate their own programming all they need is a shack for the RF-boxes and a tower nearby.
This all began to change last decade when, after a multi-year freeze on new translator stations in order to implement the LPFM radio service, the FCC opened a filing window for new translators in 2003. Several cunning parties were well-prepared for this opportunity, flooding the agency with tens of thousands of translator applications — a 250-watt FM spectrum gold rush. Out of these came thousands of new translator stations, which in the intervening years have been fodder for speculative development of the FM dial around the country. Continue reading “Thanks to Translator-Mongering, AM Broadcasters Now Openly Advocating Band's Abandonment”
Although iHeartMedia’s dance with bankruptcy is widely seen as a key indicator of the health of the radio industry more broadly, that company is not alone in reconfiguring its approach to finance capital. Two other conglomerates are also making moves — one trying to leave the stock-trade behind while another wants to jump back into those waters.
First up is Emmis Communications: the Indianapolis-based company has been hammered in the stock market over the last few years, threatened with delisting by NASDAQ after its stock dropped below $1 per share in 2015. After conducting a reverse-stock split earlier this year (reducing the number of shares in circulation, thereby inflating the price of remaining shares) which brought the company back into compliance, company founder and CEO Jeff Smulyan has announced a $46 million bid to take the company private. Continue reading “More Radio Industry Market-Maneuvering Afoot”
I’ve updated the Enforcement Action Database this week, due to some news out of the FCC regarding its enforcement efforts against unlicensed broadcasting, all of which show little change to the wimpish status quo.
The agency tells Radio World that its plan to close 11 field offices will commence in January of next year. More than 40 field-agent positions will be cut, leaving just 13 offices remaining across the country, with a combined staff of three dozen. These will be backstopped by two “Tiger Teams” staged in Colorado and Maryland, to be dispatched to areas where an “interference crisis” exists within 24 hours.
However, what will those boots on the ground actually do when they get there? If the enforcement protocol itself does not change, the answer will be very little. Once need only look at the three most recent Notices of Apparent Liability issued by the Enforcement Bureau against pirate broadcasters in the last few weeks: touted mightily by the industry trades, a closer look shows a curious pattern of disengagement. Continue reading “FCC Enforcement: Anti-Pirate "Muscle" Now Slower than Molasses”
As a part of the campaign now underway to bring the (nonexistent) hammer down on unlicensed broadcasting in the New York metropolitan area, licensed broadcasters are alleging a variety of “harms” caused by pirate stations. Many of them are vastly overblown, such as the threat of interference they pose to a variety of communications networks, dangers from uncontrolled radiation — and, in the newest charge, economic hardships they cause to licensed stations.
The contention that pirate radio stations infringe on the radio industry’s right to make mad profits was first floated in an April 2015 blog post by Republican FCC Commissioner Mike O’Rielly; he claimed unlicensed broadcasting “causes unacceptable economic harm to legitimate and licensed American broadcasters by stealing listeners.” Continue reading “Fiscal "Threat" Posed By NY Pirates Belied By Broadcasters' Own Data”
Earlier this summer Radio World published one of its occasional special “e-books,” this one called “HD Radio From the Ground Up” (form-filling required to download). Like most industry trade publications, it’s a celebratory document that seeks to paint the U.S. digital broadcast system in the best possible light.
Kicking things off is a tech-centric column from Scott Fybush in which he talks with various enginerring principals about the efficiency of today’s FM-HD Radio systems. Unlike the first few generations of the tech, which involved wildly inefficient combination of the analog and digital signals, improvements to the HD system now make for a better marriage. In HD’s early years, more than 30 percent of the power that went into the analog/digital combination process was lost as waste heat; now that number is down to something like 10 percent. Continue reading “HD Radio Makes "Progress," But Analog Still Rules”
A funny thing happened just hours after I posted last week’s update on iHeartMedia’s dance with bankruptcy earlier this year: I got an e-mail from a PR flack contesting my analysis. But it wasn’t just any flack — it was Wendy Goldberg, iHeart’s chief communications officer. She was displeased with several points I made.
To begin, Goldberg asserted that I had misconstrued the timeline of events surrounding the company’s near-default. Instead, iHeart conducted a pre-emptive strike against “a small group of lenders” who planned to call in some $6 billion of the company’s $20+ billion outstanding debt burden within 60 days. (This would indeed have immediately tipped the company into default.) Secondly, my she called my assertion that this close call, in my words, worried “the market that the conglomerate is just steps away from bankruptcy” was seemingly, in her words, “confused at best, and speculation at worst.”
Finally, Goldberg took umbrage with my contention that iHeartMedia remains near the precipice: “I am assuming this is your own opinion or speculation, and if so you should either couch it as such or remove it.” Continue reading “iHeartMedia's Thin Skin on Corporate Finances”
After fending off one legal challenge that would’ve sent the company into default, the nation’s largest radio conglomerate now seeks a spot of revenge.
iHeartMedia is heading back to a Texas courtroom in hopes of getting mega-damages out of a consortium of investors who went after the company, serving a notice of default for playing fast and loose with its $20+ billion worth of debt — a strategy which involves iHeart setting up shell companies to repurchase some of the debt it already owes at lower interest rates, while also working to shield some assets from potential creditors. The conglomerate filed suit to stop the default process, and the Bexar County judge sided with iHeart in May. Continue reading “iHeartMedia Seeks Pounds of Flesh for Bankruptcy Pressure”
In a little-covered meeting earlier this summer, the FCC’s Technological Advisory Council voted to proceed with what could potentially be a controversial study of noise across the electromagnetic spectrum. This two-page PDF outlines the TAC’s proposal and asks several questions about what such a study should cover, and how to go about doing it.
Many FCC-watchers seem pleasantly surprised that the TAC is wading into this mess. The study itself will be broken down along two lines: attempting to quantify interference from intentional and unintentional radiators. Intentional radiators are sources of potential noise that mean to broadcast — think radio and TV stations, wireless routers, and the like. Unintentional radiators are things that emit RF energy (and potential noise) but that is not their primary reason for being — think most electronic devices, older-model LED systems, and whatnot. Continue reading “Bring the Noise (Floor)”
Tell us something we don’t know: they are pervasive and may outnumber licensed broadcasters in the number one radio market in America.
That’s the most notable takeaway from a 103-page report (also embedded at the end of this post) prepared for the New York State Broadcasters’ Association by Maryland-based consulting engineers Meintel, Sgrignoli, & Wallace, who camped out at four locales in the NYC metropolitan area — two in NYC proper and two in New Jersey — earlier this year with a cleverly-camouflaged monitoring van (at right) and basically did FM bandscans.
They picked up 76 pirates on the dial…though they estimate that “there may be more than 100 unauthorized stations” on the air in total. According to the report, this is not the first pirate-survey MS&W has been commissioned for — similar bandscans were conducted in 2012, 2014 and 2015. Compared to last year’s findings, the number of unlicensed broadcasters in Brooklyn alone has increased some 58%, though there’s no way to compare figures since the earlier reports have not been made publicly available. Continue reading “NY Broadcasters Try Quantifying Pirates”
FCC Commissioner Mike O’Rielly, the pinch-headed ideologue who’s tried to make a name for himself by attempting to launch a war on unlicensed broadcasting in America, actually went out into the mean streets of New York City earlier this summer along with field agents to hunt pirate stations.
Speaking to a very receptive audience at the annual conference of the New Jersey Broadcasters’ Association last month, O’Rielly called unlicensed broadcasting “a key area needing significant attention. . .as it represents a very real problem that is growing.”
Claiming that pirate stations “have no legal or moral right to operate,” O’Rielly asserted (again, without evidence) that pirate radio stations are “stealing listeners” from licensed broadcasters, “weakening [their] financial situation and undermining the health of licensed radio stations” supposedly devoted to serving their communities of license. The threat of interference from unlicensed stations also got a shout-out, but that’s apparently become a secondary issue to O’Rielly’s perferred agency mandate to maximize the profits of the radio industry. Continue reading “O'Rielly Goes Pirate-Hunting, is Flabbergasted by Tower”