U.S. radio hopes politics, advertisers boost 2008
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With 2007 poised to be its seventh  straight year of slow to no growth, the $20 billion U.S. radio  industry hopes to break the trend with political advertising  and revenues from nontraditional sources in 2008.
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Early holiday wishes. Sirius Satellite Radio (nasdaq: SIRI - news - people ) is looking to unwrap its blockbuster gift a year ahead of schedule.
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TITLES: Clinton ad: "Ideas." Obama ad: "Anything Radio."
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The major political parties are hoping bilingual phone banks, booths at Latin street festivals and television ads on Spanish-language networks will boost voter turnout among the nation's largest minority group.
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Barack Obama is airing state-specific ads featuring praise from elected officials, hoping the endorsements can help raise his profile in the race.
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WASHINGTON, May 25  /PRNewswire-USNewswire/ -- A bill that would save the Internet radio industry from a dramatic increase of fees webcasters pay to play music gained the support of its 100th member of the House of Representatives today.
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A new feature allows users the chance to make the news.
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The Internet will receive a greater  share of global advertising spending this year than do outdoor  outlets such as billboards, and it is set to overtake radio  soon, according to new data released on Monday.
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By Terry Kirby  The digital revolution and the expansion of new ways of accessing information through the internet has given a huge boost to one of the older and more traditional forms of electronic media - the radio.
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Advertising spending at U.S.  newspapers will rise 1.2 percent in 2007, driven by gains in  internet advertising that won't overcome flat sales in print  editions, an industry group said on Friday.
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Internet radio webcasters are hoping a Senate hearing today will renew legislators' interest in their negotiations with the recording industry over royalty fees.
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Bookies, casinos and betting websites will be able to advertise on TV and radio for the first time this weekend.
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Research and Markets (http://www.researchandmarkets.com/reports/c47325)  has announced the addition of In-Depth Analysis: More Consumers to Tune  Into Digital Radio in 2007 to their offering.
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The television airwaves are public, but the TV networks are insisting that interviews broadcast on them are not. Networks are objecting to political advertisements that contain clips of Sen. John Kerry or President Bush on news shows such as NBC's "Meet the Press" or ABC's "Good Morning America."
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The Internet is catching up, but aside from the perhaps predictable 18-29 age group, most still favor TV networks--and even their daily newspaper--for information about the 2008 race.
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XM and Sirius are inching closer to being fruitful and multiplying.
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The nation&#39;s broadcast networks and cable news channels will also be on tenterhooks, eager to be first with results, fearful of dancing too far out on the fragile limbs of exit polls.