Mark Ramsey says (Hear 2.0) his research repeatedly shows that once you get beyond traffic and local sports headlines and weather, "local news" per se is one of the things (radio) listeners – even information listeners – want least.
And that’s fundamentally because information fans tend to be interested in one of two things: What fascinates or entertains them and what impacts them personally. And neither of these things are explicitly "local."
Is this true? Hmm. I’ve lived in Jefferson City for more than 20 years and I don’t know the name of the mayor and have very little interest in what’s going on "locally." Until, of course, something doesn’t work.
I listen to our state news reports on our local affiliate but can’t remember the last time I listened to the "local" newscast. But I’ve always suspected –and hoped– I was the exception.
While browsing images last night, I came across this photo of my little corner of the office I shared with Jim Lipsey when Learfield HQ was on McCarty Street in downtown Jefferson City. The photo –probably taken around ’86– reminded me of how much things have changed. Check out the “Notes” on flickr image.
eBay is ready to begin auctioning advertising airtime on 2,300 participating U.S. radio stations. The venture –which puts eBay into competition with Google– includes both conventional terrestrial radio and Internet radio advertising. Stations in all of the 300 top-ranked radio markets are covered. Advertising inventory includes primetime spots with 90 percent in morning drive, midday or evening commute hours from Monday through Friday.
How (if at all) will this impact companies like ours that barter our services for radio station commercials? When you finish the quiz, close your Blue Book and raise your hand.
Internet’s ad share surpasses radio for the first time. Radio’s share of advertising revenues held flat in the first quarter — taking 6.6% of spending. But for the first time the Internet has a bigger share. It took 7.7%. TNS Media says radio is now fifth — behind TV, magazines, newspapers and the Web. [Inside Radio]
Fifty years ago, Jerrell Shepherd mastered a form of broadcasting alchemy that turned small town radio lead into gold. It wasn’t much of a secret, however, since he readily shared it with countless radio station owners and managers who made the pilgrimage to Moberly, Missouri, in hopes of bringing some of Shepherd’s sales and programming magic back to their stations.
While most small market broadcasters were content to get “their fair share” of local advertising budgets (the bulk went to the local newspaper), Shepherd’s sales reps were trained to ask for it all and believed in their hearts they deserved it.
Mr. Shepherd’s approach to programming his stations was deceptively simple: report anything and everything that happened in each of the communities covered by his stations’ signals. The KWIX and KRES “Red Rovers” showed up just about every high school football game, junior high choral concert and chamber of commerce ribbon-cutting. And the Shepherd stations put it all on the air. Always with local sponsors. Lots of local sponsors.
Dave Shepherd grew up in the radio business and built on his father’s success, growing The Shepherd Group to 16 stations before selling them to a Florida-based company called GoodRadio.TV, for $30 million earlier this year.
I got Dave on the phone for a little chat and he talked about where small market radio has been… and where it’s going. He shared some thoughts on the Internet, iPods, HD, satellite and Google Radio.
He says he decided to sell because it just wasn’t as much fun as it used to be. And, in the next breath, he wondered if some of his father’s small town magic might work in The Big City.