New Mountain Capital Completes BMI Deal
“Our partnership with New Mountain charts an incredibly exciting new course for BMI and our songwriters, composers and publishers,” said Mike O’Neill, who will remain President/CEO of Broadcast Music, Inc., one of the largest music rights groups working with both radio and TV stations across the U.S.
Saga Sticks With Its Quarterly Dividend
When it comes to rewarding its shareholders, including lead institutional investor Towerview LLC, led by Daniel Tisch, the mid-sized and small market operator founded by the late Ed Christian has nearly always delivered. On March 8, Saga Communications will do it again.
BBC Seeks To Steal Commercial Radio Listeners With Brand Extensions
According to the government-supported BBC, "new, distinctive digital music stations" that will serve as "extensions" of BBC Radio 1, Radio 2 and Radio 3 are in the works. That has commercial radio operators up in arms, as they say this is direct competition and not additive to the UK radio scene.
Iowa Public Radio Adds A Capital FM Translator
An FM translator at 94.1 MHz with a signal contour blanketing nearly all of Iowa's state capital is being acquired by Iowa Public Radio, in a transaction filed on Wednesday with the FCC for its regulatory approval.
PromoSuite Purchase Results In vCreative Merger
The David Berkhal-helmed company has acquired the Rocco Macri and Chris Bungo-founded PromoSuite. What does this mean for the 32-year old product used by radio stations to manage on-air contests, sales promotions and events? It is being merged by buyer Banyan Software with vCreative Inc.
The InFOCUS Podcast: Jeffrey Warshaw
Jeffrey Warshaw, founder and CEO of Connoisseur Media, joins RBR+TVBR Editor-in-Chief Adam R Jacobson on the InFOCUS Podcast, presented by dot.fm, to share his thoughts on the continued importance of AM radio in markets where his company owns kHz-band stations, and why GeoBroadcast Solutions' hyperlocal FM plan needs to be stopped. LISTEN NOW!
Spotify Shares Soar On Strong Guidance, Despite Q4 Miss
The Spotify Q4 2023 results didn't meet analysts' expectations. However, the streaming giant's fiscal guidance for what's to come has excited investors, sending its stock price up while leading one analyst to significantly up his year-end target price.
Alice Cooper Launches A New Syndicated Show
In August 2023, a source told RBR+TVBR that Alice Cooper did not retire or quit radio. Rather, the decision to conclude his syndicated program is tied to the sale of United Stations. It is now known that Cooper is back, thanks to the launch of a new program. Launch stations include Lotus-owned KPLX in Tucson.
A Roanoke FM Translator Is Sold. What’s The Future For BIN?
A member of the Epperson family who has been the licensee of an FM translator with a full city-grade signal contour over the largest municipality in Southwestern Virginia has decided to part ways with this facility — today a home for iHeartMedia's BIN: Black Information Network.
An Industrial Supply Company’s Radio Spot Commitment Shines
A national industrial supply company known for the tag line, "For The Ones Who Get It Done," is demonstrating that Spot Radio gets it done with respect to their customer growth plans. The latest Media Monitors Spot Ten Radio report shows new activity from the longtime brand.
Audacy’s Top 30 Unsecured Creditors Include iHeart
Among the many documents added to the docket report in Audacy Inc. federal bankruptcy case being heard in a Houston court is a 17-page "Master Service List" outlining the top 30 unsecured creditors of the audio content creation and distribution company led by CEO David Field.
Meet The Winning Bidder of Rocking M Ten
Who is Kyle Bauer? While he's acquiring the stations through a newly formed company, he's known for his leadership of "The Voice of the Plains" in Salina, Ks., as CEO of Taylor Communications
A New Effort To Squelch ‘Sputnik’ In D.C.
"My client is fighting the Russian empire on the home front." That's how attorney Arthur Belendiuk sums up an effort by the Ukranian Congress Committee of America to convince the FCC that a radio station owned by Arthur Liu is in violation of commission rules for broadcasting "paid Russian state propaganda."
Houston Bankruptcy Court Grants Audacy Operational Asks
The U.S. Bankruptcy Court in Houston has authorized a final order that allows Audacy Inc., which submitted an emergency motion, to continue to operate their cash management system, use existing checks and business forms and honor intercompany arrangements.
A Big Spring Radio Deal, Linked To McEntee
Cynthia Weeks has decided to part ways with the radio stations she controls in a small city to the east of the Odessa-Midland, Tex., market. Who's buying the properties? The answer lies in West Palm Beach and involves an individual working for a former Interep CFO.