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From Radio & Records: "Even if there is a small pull-back
from the rate of advertising next year, overall  growth
in radio will outpace almost every sector of the media landscape,
PaineWebber’s Leland Westerfield tells R&R Online.
"He credits consolidation for making radio a stronger advertising
platform. 'Consolidation has improved the health of the radio industry
and has made it more competitive.'
"Westerfield notes that radio advertising in general has
experienced incredible growth in recent years, and he sees no reason
for it not to continue. 'We’ve never seen a period of such bounty
in advertising. 2001 will be a remarkable year. [Those who predict
a downturn in advertising next year] are not recognizing the quality
of the vintage we are drinking."
Read more in R&R
Online. (Does this mean that radio will have lots of resources
available to explore Internet-related growth opportunities...or
that the industry will act in a fat and lazy manner, allowing
new competitors to steal its listeners? Contribute your opinion below.)
 From
Radio & Records: "Steve Hicks, the...founder of Capstar
Broadcasting and Vice Chairman of AMFM, will chair the board of directors
for Mall.com, an online shopping
and entertainment portal."
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| Austin-based
Mall.com uses the popular
"shopping mall" metaphor to help consumers
find e-commerce stores of interest to them. The site allows
shoppers to consolidate puchases from several merchants
with one set of credit card and shipping information.
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 We'll
send you RAIN's e-mail news updates on a regular basis,
plus bulletins when important news breaks. (In addition, we'll
appreciate knowing that you're reading our efforts -- and
you'll hopefully appreciate reminders to read RAIN.)
You should be receiving
a confirmation e-mail from us shortly.
Thanks!
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Sirius
Satellite Radio
lauches first of three satellites
 From
Radio Business Report: Sirius Satellite Radio announced the successful
launch of the first of three satellites in its upcoming 100-channel
direct-to-car satellite service from Kazakhstan. “Sirius-1” lifted
off 6/30 at 6:08 PM ET, successfully established a communications
link at 8:33 and deployed all solar panels by 11:55PM. Sirius plans
to launch the other two satellites by November... Read more in RBR.com.
Public radio shopping portal
will have 70,000 stores represented
From Radio Business Report: "Public Radio Portal is launched
(7/3). Public Broadcasting's traditional ways of fundraising have
new competition. The Alliance for Public Broadcasting and Network
Commerce Inc.,  have
developed an e-commerce fundraising portal. Over 70,000 stores will
make up the Listener Marketplace, where revenue will be made for local
stations through shared revenues, as well as other e-commerce. The
Alliance allows sponsors of non-commercial stations to benefit listeners
by using discounts and incentives, and gives stations a way to tap
sponsors for cash, since they are not allowed to run on-air advertisements.
Read more in RBR.com.
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Actually,
the verb tenses are wrong in the news item above -- they
merely announced that they are developing the site and
that they plan to launch it in July. Read the actual
press release here.
It will be intersting to see if they can make a 70,000-store
site easily navigatable. And if they can keep it consistent
with public radio's image |
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"When I think of all the arguments Maria and I have
had, I realize how silly most of them were. And it makes me
wonder why she wanted to argue over such stupid things. I
think I'll go ask her."
Buy this fine
book from Amazon here.
(RAIN doesn't have an affiliate deal with Amazon or
anything. But it's a great book.)
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 "RAIN:
Radio And Interent Newsletter" -- the leading web-based publication
devoted specifically to the subject of Internet radio -- is establishing
a summer internship program and is now accepting applications.
If you or someone you know is looking for an interesting new
opportunity in the exciting dotcom world, this may be just
what you're looking for!
To learn more about RAIN's Summer 2000 internship program,
click here.
(Note: This
link is working today!)
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Try it
out! Explore
the wide world of Internet audio by clicking the screenshot above.
Miss an issue?
Visit the RAIN News Archives here.
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Kurt.
don't forget that you used a one-pixel GIF after the "Research"
line for spacing purposes! |
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