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Stats… Stats… Stats…
This week you’ll find You + Me’s Rose Ave. moving to the top of the list, with 13 adds on the board. Next is The Best Day from Thurston Moore, sporting 12 adds. Ani DiFranco puts 10 more stations on the list, giving Allergic To Water the Number Three position. The Smashing PumpkinsMonuments To An Elegy is next with nine adds, before the list wraps up with a four way tie between Shakey Graves, The Lone Bellow, Neil Young and Son Little, each getting eight adds.
            Among the songs looking to make your list you will find Imagine Dragons’ new one, “I Bet My Life.” The full list of impacting records is always found on the Available For Airplay page of the Triple A format room at FMQB.com.

KGSR's 24th Anniversary Soiree
KGSR/Austin celebrates its 24th Anniversary with a live concert featuring Spoon and St. Paul and the Broken Bones. The show takes place at ACL Live at the Moody Theater on Friday, December 5.
Listeners can win tickets this week on KGSR at 7 a.m., Noon, and 5 p.m., or a Bud Light's #UpForWhatever VIP package that include VIP tickets, a tour of the ACL Live at the Moody Theater, and a meet and greet with the artists. A portion of the proceeds benefits the SIMS Foundation, which provides healthcare to Austin musicians.

2014-15 Reporting Schedule
The end of the year is closer than you think, so it’s time to mark your calendars with the all-important dates for 2014 reporting to end and 2015 reporting to begin. The last week that FMQBwill accept airplay reports this year is the reporting week of December 8/9. After the calendar flips to 2015, we will begin accepting reports again for the reporting week of January 12/13.

Triple A News Bites
KBCO/Boulder-Denver is having a Select-A-Set-Weekend on Friday, October 31 through Sunday, November 2. The station is soliciting three-song sets from listeners to be played on the radio, with a chance to win an Alaskan heli-skiing adventure from Points North Heli-Adventures Inc., for three days, with all lodging, meals and transportation, including a round-trip airfare on Alaska Airlines. The deadline for submissions is Wednesday, October 29 at 11:59 p.m... KINK/Portland announced that Marconi Bologna, Morning Show Co-Host with Sheila Hamilton, has exited the station effective Friday, October 17. A search for a replacement for the Morning Show is ongoing.

iHeartMedia, Inc. Reports Results For 2014 Third Quarter
iHeartMedia, Inc. has reported financial results for the third quarter ended September 30, 2014.
“This quarter we became ‘iHeartMedia’ to better reflect who we are today – the leading media and entertainment company in the digital age,” Chairman and Chief Executive Officer Bob Pittman said. “We are a one-of-a-kind multi-platform media company that delivers unparalleled reach, scale and impact while continuing to provide the most live entertainment – with more content and more events in more places on more devices – to the industry’s most engaged audiences, wherever they are. And last month, our fourth annual iHeartRadio Music Festival generated more buzz than ever with five billion social media impressions, more than double last year’s total, and on par with the Academy Awards. Our constantly expanding platform of assets enables advertisers and partners to engage seamlessly across all of our diverse media platforms – broadcast, digital, outdoor, mobile, social and events.”
“We were pleased to continue to grow overall revenues while tightly managing our expenses through operating efficiencies to generate a 9 percent growth in OIBDAN this quarter,” said Rich Bressler, President and Chief Financial Officer. “We delivered year-over-year increases in revenues and OIBDAN at iHeartMedia and our International Outdoor business. Our Americas Outdoor segment continues to improve after coming off of a challenging first half of the year. We also continued to build our financial flexibility with three successful debt refinancing activities during the third quarter, as well as $57.1 million in discounted repurchases of our 2016 and 2018 debt that we have completed in October, further extending our runway and enabling us to keep focusing on our operations and growth.”
Third Quarter 2014 Results
Consolidated revenues increased $42.5 million, or 3 percent, in the third quarter of 2014 compared to the same period of 2013. Excluding the effects of movements in foreign exchange rates, revenues also increased 3 percent, or $41.9 million.
*iHeartMedia revenues increased $7 million, or 1 percent, primarily driven by core national broadcast radio, political advertising, and traffic and weather services. Higher revenues were partially offset by lower core local broadcast radio revenues.
*Americas outdoor revenues decreased $2 million, or 1 percent ($1 million, or 0 percent, excluding foreign exchange impacts), primarily driven by lower national account revenues. Higher digital revenues were partially offset by decreases in revenues from traditional product lines.
*International outdoor revenues increased $22 million, or 6 percent ($21 million, or 5 percent, excluding foreign exchange impacts), primarily driven by growth in both Western Europe and emerging markets such as China.
The Company’s OIBDAN1 was up 9 percent, or $39 million, to $479 million for the three months ended September 30, 2014, versus $441 million for the same period of 2013. Included in OIBDAN for the third quarter of both 2014 and 2013 were $10 million and $8 million of operating and corporate expenses, respectively, associated with the Company’s strategic revenue and efficiency initiatives to attract additional advertising dollars to its businesses and improve operating efficiencies.
The consolidated net loss attributable to the Company was $115 million in the third quarter of 2014 compared to a consolidated net loss attributable to the Company of $102 million in the same period of 2013.
The consolidated net loss before income taxes was $83 million in the third quarter of 2014 compared to a consolidated net loss before income taxes of $166 million in the same period of 2013. The improvement in net loss was due primarily to an increase in operating income as a result of higher revenue, lower corporate expenses and a non-cash gain realized upon the exchange of two radio stations held in the Aloha Station Trust, LLC for a portfolio of 29 radio stations.

Eric Clapton Offers Tribute to Jack Bruce
Over the weekend, the news broke that former Cream bassist Jack Bruce passed away at the age of 71. Countless musicians and fans offered online tributes and remembrances, with Eric Clapton writing on Facebook, "It is with great sadness that we learned that Jack Bruce had passed away [Saturday] morning at his home in England. He was a great musician and composer, and a tremendous inspiration to me."
            Now, Clapton has posted a piece of instrumental music that he titled "For Jack." Along with posting a picture of Bruce, Clapton also posted a link where fans can check out the somber, acoustic tribute song. 
            A few of the other artists who offered kind words about Bruce include his contemporaries Ginger Baker, Ringo Starr and Geezer Butler. "I am very sad to learn of the loss of a fine man, Jack Bruce," Baker said in a statement. "My thoughts & wishes are with his family at this difficult time." Bruce also occasionally served as a member of Ringo Starr's All-Starr Band, and the Beatles drummer wrote on Twitter, "We lost Jack Bruce today, an incredible musician writer and a good friend peace and love to all his family." Black Sabbath bassist Butler tweeted: "So sad to hear of Jack Bruce passing. My biggest influence and favorite bass player. Thank you, Jack. RIP."
            Bruce's family first confirmed the musician's passing on his Facebook page, although no specific cause of death was revealed. "It is with great sadness that we, Jack's family, announce the passing of our beloved Jack: husband, father, granddad, and all round legend," the page reads. "The world of music will be a poorer place without him, but he lives on in his music and forever in our hearts."

Universal Music Group Names Michael Frey, President, Supply Chain & Media Services
Universal Music Group (UMG), the world’s leading music company, has named Michael Frey, President, Supply Chain & Media Services, effective November 10. Frey, who joins UMG from his current role as President, Sony DADC New Media Solutions, will oversee UMG’s global digital and physical supply chains, production/logistics and asset management. He will report to UMG’s EVP and Chief Financial Officer, Boyd Muir.
            In making the announcement, Muir said, “Michael brings his experience in music, technology and media along with a compelling style of leadership to this vital position, which combines strategic and commercial responsibilities. As the global leader in music, we require state-of-the-art infrastructures to manage music and related content across a variety of partners and platforms. As the industry becomes more diverse and complex, requiring best-in-class structures and systems to leverage opportunities, companies simply must have highly capable executives such as Michael if they are to succeed. We’re thrilled to have him in this role.”
            Frey stated, “Music is in the midst of an exciting transition, one that will bring opportunities for artists and fans alike. With this transition comes the need to develop systems and strategies that will ensure we’re delivering the best services to all of our stakeholders. I’m particularly excited to join the most progressive team in music and help drive strategy going forward.”


FMQB NOW

Christopher K
APD/MD, KDND & KUDL
Sacramento

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