Print  RSS 
Apr 15

Written by:
4/15/2010 7:26 AM 


Judging by comments I've heard from many quarters while I walked the floor here in Las Vegas, radio engineers will have more money to spend this year on their RF and studio plants.

By all accounts, the cap-ex situation for engineers and managers over the past year and a half has been severe, but 2010 is looking much better.

Not that money spigots are stuck wide open; big companies with big debts, in particular, are still likely to be stingy this year (I heard from one reliable vendor source that the cutback in cap-ex spending at Clear Channel in particular is breathtaking, even while CC has managed to cut dealer markup on many of the products it is buying to low single digits).

Yet, the next day, I talked to a high-level engineering exec at another top-five radio group, and he told me that budgets were “back to normal” as of January, and there are quite a lot of RF projects in the pipe. The outlook could change as the year goes along, of course; but at his group, projects are definitely getting the green light right now.

Meanwhile, all across the NAB Show floor, manufacturers were smiling about their first quarter performance and about what they’re hearing from broadcast customers. “Upbeat.” “Much improved.” “Turned a corner.” These are phrases many vendors used to describe not only convention attendance but their business outlook for 2010. (Attendance is estimated at 88,000, up around 6%. I do keep myself at arm’s length from NAB’s unaudited convention attendance numbers, and anyway the radio portion of the gathering is always much smaller; but the reported delta in attendance feels right, and unquestionably the radio floor was busier.) The move to the Central Hall also was great for radio, making us feel like we’re part of the show.

Again, I caution that everything is relative — as financial analysts like to say, our industry has weak comps to compare against right now — but man, the tone among people I talk to is so much more positive than a year ago, and indeed in recent memory.

Categories:
Location: Blogs Parent Separator Rwonline Blog
Apr 15


4/15/2010 11:26:29 AM 


Judging by comments I've heard from many quarters while I walked the floor here in Las Vegas, radio engineers will have more money to spend this year on their RF and studio plants.

By all accounts, the cap-ex situation for engineers and managers over the past year and a half has been severe, but 2010 is looking much better.

Not that money spigots are stuck wide open; big companies with big debts, in particular, are still likely to be stingy this year (I heard from one reliable vendor source that the cutback in cap-ex spending at Clear Channel in particular is breathtaking, even while CC has managed to cut dealer markup on many of the products it is buying to low single digits).

Yet, the next day, I talked to a high-level engineering exec at another top-five radio group, and he told me that budgets were “back to normal” as of January, and there are quite a lot of RF projects in the pipe. The outlook could change as the year goes along, of course; but at his group, projects are definitely getting the green light right now.

Meanwhile, all across the NAB Show floor, manufacturers were smiling about their first quarter performance and about what they’re hearing from broadcast customers. “Upbeat.” “Much improved.” “Turned a corner.” These are phrases many vendors used to describe not only convention attendance but their business outlook for 2010. (Attendance is estimated at 88,000, up around 6%. I do keep myself at arm’s length from NAB’s unaudited convention attendance numbers, and anyway the radio portion of the gathering is always much smaller; but the reported delta in attendance feels right, and unquestionably the radio floor was busier.) The move to the Central Hall also was great for radio, making us feel like we’re part of the show.

Again, I caution that everything is relative — as financial analysts like to say, our industry has weak comps to compare against right now — but man, the tone among people I talk to is so much more positive than a year ago, and indeed in recent memory.

Comments

Thank you for your comment. Please note that posts are reviewed for suitability and may not appear until the next business day.

Archive

July 2016 (4)
June 2016 (3)
May 2016 (4)
April 2016 (3)
March 2016 (6)
February 2016 (4)
January 2016 (6)
December 2015 (7)
November 2015 (6)
October 2015 (11)
September 2015 (7)
August 2015 (8)
July 2015 (10)
June 2015 (14)
May 2015 (5)
April 2015 (6)
March 2015 (6)
February 2015 (4)
January 2015 (5)
December 2014 (7)
November 2014 (6)
October 2014 (10)
September 2014 (11)
August 2014 (14)
July 2014 (4)
June 2014 (2)
May 2014 (5)
April 2014 (4)
March 2014 (6)
February 2014 (7)
January 2014 (8)
December 2013 (9)
November 2013 (11)
October 2013 (9)
September 2013 (6)
August 2013 (5)
July 2013 (1)
June 2013 (4)
May 2013 (3)
April 2013 (2)
March 2013 (8)
February 2013 (8)
January 2013 (7)
December 2012 (3)
November 2012 (4)
October 2012 (7)
September 2012 (10)
August 2012 (4)
July 2012 (7)
June 2012 (4)
May 2012 (5)
April 2012 (10)
March 2012 (5)
February 2012 (6)
January 2012 (5)
December 2011 (5)
November 2011 (5)
October 2011 (8)
September 2011 (9)
August 2011 (10)
July 2011 (6)
June 2011 (5)
May 2011 (7)
April 2011 (3)
March 2011 (9)
February 2011 (6)
January 2011 (7)
December 2010 (2)
November 2010 (3)
October 2010 (6)
September 2010 (10)
August 2010 (8)
July 2010 (7)
June 2010 (5)
May 2010 (5)
April 2010 (11)
March 2010 (7)
February 2010 (5)
January 2010 (4)
December 2009 (2)
November 2009 (4)
October 2009 (5)
September 2009 (6)
August 2009 (4)
July 2009 (3)
June 2009 (15)
May 2009 (8)
April 2009 (6)
March 2009 (2)
February 2009 (2)
January 2009 (1)
December 2008 (5)