Media

LBI Media, Inc. entered into a definitive agreement to buy five Dallas radio stations from Entravision Communications Corporation for approximately $95 million. The stations include KTCY-FM, KZZA-FM, KZMP-FM, KZMP-AM and KBOC-FM. The purchase, which is subject to regulatory approvals, is expected to close in the fourth quarter of 2006. Upon closing LBI Media will own six radio stations and a full power television station in the Dallas-Fort Worth, Texas market.

Nearly 26 million Americans tune into public radio every week, spending an average of eight hours listening to non-commercial stations, according to a new study by Arbitron Inc. While people of all ages listen to public radio each week, the majority of public radio listening comes from adults, age 35 or older, with slightly more men listening than women.

The Arbitron Portable People Meter (PPM SM) consistently captures more listeners to sporting events on radio, especially those with afternoon and early-evening start times, according to a new presentation released by Arbitron Inc.

The percentage of minorities working in local television news last year rose to the second-highest level ever, according to a survey released today by the Radio-Television News Directors Association. The percentage of minorities working in local radio news was down.

This study, taken from the recently released Arbitron/Edison Media Research Internet and Multimedia 2006 survey, is the first detailed, publicly available data on the 11% of the country who have listened to a podcast (by any name).

$74 Billion dollars. Let me repeat, with emphasis: Seventy-Four Billion Dollars. That’s what advertisers will spend this year to buy airtime on TV in the U.S.