Global’s Tabor family buys stake in iHeartMedia in surprise move plus, recognising radio’s contribution to successful campaigns
Feb 2021 Radio News
Global’s Tabor family buys stake in iHeartMedia in surprise move
Michael Tabor, the investment mogul behind the British radio and outdoor media group Global, has taken a stake of almost 9% in its bigger US audio rival, iHeartMedia, in a surprise move.
A US stock market filing shows Tabor is the “beneficiary” of a trust that owns Honeycomb Investments, which spent $117.6m (£85m) to acquire the 8.8% investment in iHeartMedia at the end of January.
Recognising radio’s contribution to successful campaigns: observations on the 2020 IPA Effectiveness Awards
A recently published WARC analysis of the 2020 IPA Effectiveness Awards included some interesting stats on use of radio and audio in the media mix. To begin with, there is the fact that a higher percentage of entrants included radio and audio in their campaigns compared to previous years.
Even more interesting is the fact that winning entrants were significantly more likely to use radio and audio compared to non-winning entrants (48% vs 41%).
Boom Radio goes live on DAB
The new national radio station for Baby Boomers, Boom Radio, went live Sunday 14th February.
Boom Radio will offer an alternative station for the UK’s 50s, 60s and 70s population and aims to attract half a million listeners in the first two to three years.
The new station’s line up includes former Capital Radio presenters Graham Dene and Nicky Horne – and the person who hosted Capital’s first ever programme in 1973 – David Symonds.
Brighton station launches youth-led breakfast show
Community station Platform B has launched a brand new youth-led breakfast radio show in Brighton.
Backed by Youth Music’s Incubator Fund, The Rising launched today (February 15th) fronted by Platform B presenters Jordi Carter, Erin James, and Elsa Monteith and produced by Eva Lunny and Bobby Brown.
Industry marks 10th anniversary of World Radio Day
Radio people around the UK and around the world have been marking World Radio Day by tweeting anecdotes about themselves and how long they have been in radio.
And today, on World Radio Day 2021, UNESCO calls on radio stations to celebrate this event’s 10th anniversary and the more than 110 years of radio.
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