Posts Tagged: Radio Magazine Online
Jay Krivanek most recently served as the senior product developer at Spacial Audio
PITTSBURGH — Live365’s parent company has named a vice president of engineering. Media Creek has tapped Jay Krivanek to lead product and engineering efforts, according to an announcement this week.
Krivanek most recently served as the senior product developer at Spacial Audio, a broadcast automation company that has been acquired by Triton Digital.
He also founded Radio Toolbox, a company providing statistics and analytic solutions for digital audio publishers.
Media Creek’s portfolio also includes EmpireStreaming.
Will show advances to its media revenue and customer relationship management solutions
THE HAGUE, the Netherlands — Wedel Software , an international provider of broadcast business and operations software, says it brings a new level of integration and connectivity to the media revenue and customer relationship management landscape.
At the NAB Show, the company is introducing a web-based CRM/quote/creative toolset that is fully integrated with its traffic/billing and analytics to provide a complete end-to-end solution for media companies.
The MediaSales Suite brings customer, inventory, and revenue data together in one environment with easy access from any internet-connected device.
Arcturus is a solution providing protection and safety for multiplexed antenna site
LITTLETON, Mass. — Site remote control and monitoring systems specialist Burk Technology will enlighten the NAB Show audience with the latest member of its ARC Plus family of remote site monitoring and control equipment, Arcturus.
Arcturus is a complete, turnkey solution providing protection and safety for multiplexed antenna sites, Burk says. It will monitor important parameters and provide needed action to minimizing damage to combiners, transmission lines or antennas. The company says that transmitter interlocks are controlled by Burk’s new high-speed VSWR protection.
Burk Vice President Chief Technology Officer Paul Shulins said of Arcturus, “The system’s built-in trend analysis uses proprietary algorithms to predict out of tolerance conditions for VSWR, line pressure, and room temperatures, allowing operators to take corrective action before safe operating levels are exceeded.”
He added, “Arcturus protects your RF plant and allows engineers and site managers to precisely monitor their entire facilities remotely or in person.”
Company says the move is a “responsible step” and will now “focus on supporting existing customers’ transmitters with our available components”
MASON, Ohio — GatesAir is suspending the sale of new AM transmitters.
Chief Product Officer Rich Redmond said: “Recent changes in the long-term availability of critical components from our suppliers, including several last-time buy notices, have caused us to take proactive steps to ensure we can meet our continued support obligation of our AM products,” he said.
“To safeguard our ability to offer an ample supply of spare components — and to secure the ongoing field support of our AM transmitters — GatesAir has taken the responsible step of suspending new AM transmitter sales, and will instead focus on supporting existing customers’ transmitters with our available components.”
[Related: “GatesAir Adds to Intraplex IP Codec Family “]
He said warranty, field service, phone support, spare parts and repairs continue as normal for GatesAir AM products.
Flexiva AX, DX and 3DX transmitters all had a number of obsolete components that influenced the decision.
“GatesAir is currently in the advanced technology assessment phase for the development of an updated line of AM transmitters,” Redmond said.
The news has no impact on the FM line, anchored by its Flexiva FAX or FLX transmitter. For DAB Radio, GatesAir recently launched the Maxiva VAXTE platform and will be showing new power levels at the NAB Show, Redmond said.
Read the full story at RadioWorld.com .
Broadcast giant announces bankruptcy filing, reorganization plans
The radio industry has seen a few bankruptcy filings through the years but this is colossal. iHeartMedia on Wednesday night filed a Chapter 11 petition with bankruptcy court in Houston, Texas, saying it has reached an agreement in principle with lenders that will erase more than $10 billion in debt.
The San Antonio-based iHeartMedia listed $12.3 billion in total assets and $20.3 billion in debt in paperwork filed late Wednesday with the U.S. Securities and Exchange Committee. Analysts have long said iHeartMedia has a solid business model but could likely not survive its overwhelming debt. The company’s financial unbalance began in 2008 when private equity groups Bain Capital and Thomas H. Lee Partners purchased Clear Channel Communications in a highly leveraged deal valued at about $24 billion.
The company’s press release announcing the filing said it has enough cash on hand to fund business operations throughout the Chapter 11 proceedings: “To implement the balance sheet restructuring contemplated by the agreement in principle, iHeartMedia and certain of its subsidiaries, including iHeartCommunications, Inc., have filed voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the Southern District of Texas.”iHeartMedia, which has spent months in active negotiations with its lenders and noteholders to restructure debt, says it reached an agreement in principle with holders of more than $10 billion of its outstanding debt and its financial sponsors. “
The agreement reflects widespread support across the capital structure for a comprehensive balance sheet restructuring that will reduce iHeartMedia’s debt by more than $10 billion.”The radio conglomerate employs over 14,000 workers and has about 850 radio stations. A total of 35 iHeartMedia affiliated companies filed for Chapter 11 reorganization on Wednesday, including Katz Media Group, Premiere Networks and Total Traffic & Weather Networks. All cases are expected to be jointly administered in bankruptcy court.iHeartMedia also owns 90% of billboard subsidiary Clear Channel Outdoor Holdings, which did not file a Chapter 11 case. iHeartMedia has been looking for a buyer for its billboard business.
Chairman and CEO Bob Pittman said in a press statement: “The agreement we announced (Wednesday) is a significant accomplishment, as it allows us to definitively address the more than $20 billion in debt that has burdened our capital structure. Achieving a capital structure that finally matches our impressive operating business will further enhance iHeartMedia’s position as America’s #1 audio company.”
The agreement with lenders probably doesn’t leave much for current owners Bain Capital and Thomas H. Lee Partners, which had controlled 68% of the voting stock of iHeartMedia. In fact, it likely nearly wipes out the equity stakes of the pair, analysts say. iHeartMedia’s most recent proposal would have given holders of secured loans, who are owed nearly $13 billion, about $5.6 billion in new debt and 94% of the equity in a reorganized iHeartMedia.
The company is asking for Special Temporary Authority to advance its understanding of 5G and network potential in the millimeter wave bands
STAMFORD, Conn. — Charter Communications is going ahead with more tests of fixed wireless in the 28 GHz band, in and around the Los Angeles area. The cable company is asking the FCC for Special Temporary Authority to advance its understanding of 5G technology and network potential in the millimeter wave bands, according to fiercewireless.com . The application lists Ericsson as the manufacturer of 25 units to be tested.
The company is asking for the STA for 180 days, starting at the end of March. The goal of the tests is to develop techniques and to gain a greater understanding of fixed wireless broadband systems in the millimeter-wave bands.
Charter is also seeking permission to conduct more tests to study coverage, capacity and propagation in the 3550-3700 MHz CBRS band. Their latest application calls for outdoor fixed wireless experiments in Lexington, Kentucky, using 19 different models of equipment, according to the same article. “Charter plans to continue testing in rural communities to investigate further how to expand the speeds and services it delivers,” the company said.
Charter has also shown its support to the FCC for the opening of the 5.9 GHz band for unlicensed use as soon as possible, noting the 5.9 GHz band’s size, location and capacity would be ideal for “next-gen” technologies.
ANCOM is launching a public consultation to gauge market interest in the allocation of spectrum for terrestrial digital broadcasting services
BUCHAREST, Romania — Romania’s National Authority for Communications Administration and Regulation (ANCOM) announced on March 13 it is launching a public consultation to gauge market interest in the allocation of spectrum available in the VHF and UHF band for terrestrial digital broadcasting services, according to striripesurse.ro .
“The opinions expressed during this consultation will serve to substantiate ANCOM’s decisions on the granting of rights of use for digital terrestrial broadcasting services,” according to ANCOM’s press release.
Across Europe, the VHF (174-230 MHz) and UHF (470-694 MHz) bands were allocated to provide digital terrestrial television and radio services. ANCOM said that following international negotiations, Romania has obtained two T-DAB national multiplexes and a DVB-T national digital terrestrial multiplex.
IP stream repair tool is upgraded
ZURICH — According to Barix , “Redundix adds resilience to IP-based transport by either time-delaying two streams on the same network, and/or sending a redundant stream over a separate path. On the receiving side, Redundix repairs lost packets in the stream caused by transport network imperfections using the time or path redundant streams. The result is better audio quality because lost packets are repaired, and audible imperfections are significantly reduced.”
Rietschel explained “Redundix, like the Barix IP STL solution, can be self-configured. For total peace of mind, broadcasters can offload configuration and management as part of the Reflector Service provided by our partner, StreamGuys. We are excited to bring this innovation to market as we evolve our product and services portfolio to reduce costs, enhance security, and improve stream availability and uptime for the radio broadcaster.”
A panel of experts answered questions about voice-controlled tech during a CES event
LAS VEGAS — Smart speakers are increasingly common, but just how comfortable are consumers with voice controlled technologies?
In January, TWICE convened a panel of retail execs and an analyst to discuss this and other questions at CES. Their conclusions tended to be optimistic, but also acknowledged that users do not yet fully utilize Google Home or Amazon Alexa’s more advanced abilities — such as shopping by voice order.
Of course, this has a lot of implications for advertisers as they consider whether to shift ad dollars away from radio toward new delivery methods. Time will tell.
Eric Trabb most recently served as VP of sales and group publisher for the NewBay Media Broadcast/Video Group
WASHINGTON — Eric Trabb has joined the National Association of Broadcasters as senior vice president of business development and will be responsible for leading and managing the association’s sales team, NAB announced this week.
“Eric is well-connected within the industries that NAB events and programs serve,” said Chris Brown, NAB executive vice president of Conventions and Business Operations. “His 25-plus years of experience leading national and international sales teams, combined with his proven track record in B2B sales generation around media and entertainment, will be a great asset to NAB’s business operations.”
Prior to joining NAB, Trabb was vice president of sales and group publisher for the NewBay Media Broadcast/Video Group, publisher of Broadcasting & Cable, MultiChannel News, TV Technology, Radio World and Radio magazine. In all, he was responsible for 14 publications and their websites as well as show dailies, trade shows and events.