Cochise Media Licenses has received a pair of "gifts" ahead of the Memorial Day weekend from the FCC. They're Consent Decrees, with one ordering the operation to donate the license for an FM in the Grand Canyon State to a non-profit organization.
Ahead of the Memorial Day weekend, the powerful House Energy & Commerce Committee unveiled its two latest staff members. One returns to Capitol Hill after a 13-year career in the private sector. The other individual jumps from the FCC, where this person has served as Chief of Staff and Senior Legal Advisor to Commissioner Michael O'Rielly since December 2014.
The agreement gives CBS Radio a license to the Veritone platform, enabling the division of CBS Corp. to integrate artificial intelligence-based cognitive computing to seamlessly and automatically process, transform and analyze audio data.
The No. 2 broadcast radio company by number of stations late Wednesday made a revelation by way of an SEC filing. On May 18, Cumulus Media's Board of Directors shifted to a quarterly incentive plan for its key executives. With the broadcast radio business once again fragile due to soft comps in a non-political year, could other companies follow a similar—yet uncommon—approach to bonus pay?
The role of Digital Program Director has grown in importance for many broadcast radio companies, including iHeartMedia. The nation's top owner of AMs and FMs by station count just appointed another individual to its growing roster of employees bearing this title, as Rob Whiteside will now serve in the role for its Virginia/Carolina Region, effective immediately.
In the Sunshine State, a Class A FM and Class D AM with an FM translator use the branding "I AM Country." Soon, the Class A FM won't be Country. But, that's OK—it's a "joyful" change, as the facility has been sold to the operator of the Christian Full Service network "The JOY FM." The proceeds will likely be used to fund another deal that sees this seller acquire a facility from John Caracciolo's JVC Broadcasting.
The Media Financial Management Association's Distinguished CFO Award pays tribute to a Chief Financial Officer who has made outstanding contributions to the media industry. This year's award goes to an individual that recently departed a pure-play radio broadcasting company that's set to introduce CBS Radio's AMs and FMs to its stable of stations.
A press release distributed late Monday by Spanish Broadcasting System offered a highly abbreviated look at the media company's delayed Q1 2017 results. What was the company's net loss? That information was filed with the SEC, and we found it for you. SBS also shared with the SEC news of a $3.5 million lawsuit in Puerto Rico, and when its expecting its paltry FCC spectrum auction payout.
Has the FCC finally decided to get tough with the buccaneers of broadcasting that have littered the FM airwaves in three major East Coast markets for years? A series of notices of unlicensed operation issued May 17, and made public on Monday (5/22), suggest a sea change is finally underway at the Commission.
"Thanks, Washington." Why would any radio station owner say that? The U.S. Department of Transportation invested a whole bunch of money into radio spots, according to Media Monitors' just-released Spot Ten Radio chart for the week ending May 21.
What began as a tiny FM translator serving downtown Miami and points south and west is set to expand to a regional monster. Don't run ... just dance and enjoy the Revolution.
It's official: The radio broadcasting company formed by Washington Redskins owner Dan Snyder has sold a D.C.-area AM for just over $2 million. The deal, which saw Greg Guy of Patrick Communications serve as the broker, concludes the spins Red Zebra sought to conduct. The company will now focus on another AM for ESPN Radio coverage in the National Capital Region. Who's the buyer? Look to Camarillo, Calif., and across the river to Rosslyn, Va.
The owner of a Class A FM serving Southern New Jersey has submitted comments in opposition to a Petition of Rulemaking that seeks a modification of Part 74 of the Commission's rules, which is designed to make it easier for the operator of an FM translator to find a suitable site for the transmitter. There's an opposing view, however. This owner says the change in rules would reduce the protection accorded to full-power FM stations from interference caused by a translator.
In an unanimous 3-0 vote at today's FCC May Open meeting, the Commission released a Notice of Proposed Rulemaking that proposes to eliminate the rule, which requires each AM, FM, and television broadcast station to have a main studio located in or near its local community.
A petition for reconsideration filed with the FCC by the operator of an unlicensed radio station in the San Fernando Valley of Los Angeles has lost his fight to avoid forking over a sizable fine for his actions. At the same time, the FCC has made it known that a broadcast buccaneer in the Bronx cannot continue to operate on a signal that's a first-adjacency to a Gotham FM owned by CBS Radio.