Radio & Television Business Report

Civic Media has struck an agreement with J&J Broadcasting, headquartered in Iron River, Wisc. Interestingly, the purchase will be completed by the newly formed Michigan Civic Media Alliance — led by Civic Media with additional support and investment from the Michigan Independent Media Group (MIMG).

Erin Boone has moved forward with the license renewals for a trio of full-power television stations serving the Baltimore market, dismissing a Petition to Deny filed by an individual who died after submitting it. A longtime attorney attempted to keep the petition active by swapping the deceased party for another person.

The Carr Commission has entered into a Consent Decree with Sinclair and the shared services partners that absolves them of any rule violations tied to an August 2024 forfeiture that sought $3.34 million in fines. Instead of dealing with that big penalty, Sinclair will make a sizable but less-hefty payment to the U.S. Treasury.

"After 43 years, it is truly a privilege and a blessing to finally be in Tampa," said EMF CEO Tom Stultz. "Our mission is to be a trusted source of compelling media linking people everywhere to the hope of Christ." How much is EMF paying Beasley for WPBB? We have the answer first.

The nation's largest owner of broadcast TV stations — as well as NewsNation and WGN Radio — has completed refinancings of revolving credit facilities and a pair of term loans. It is something that not only impacts Nexstar Media Group but also the independently owned variable interest entity it enjoys a cozy relationship with.

More than four years after a big rebrand and substantial effort to draw audience and advertisers to its exclusive podcasts and streaming audio, Audacy Inc. is breaking the silo and has agreed to place its content on an app other than its own.

Six of the ten inductees were selected by a panel of more than 900 radio professionals who cast votes via a confidential ballot overseen by Miller Kaplan. The remaining four were chosen by the Radio Hall of Fame Nominating Committee.

On June 30, 2020, iHeartMedia brought to life a 24/7 nationally distributed audio services "dedicated to providing an objective, accurate and trusted source of continual news coverage with a Black voice and perspective." Today, BIN: Black Information Network continues to meet that objective for iHeartMedia.

It was founded nine years ago by Jenna Weiss-Berman and Max Linsky and was acquired in 2019 by the company formerly known as Entercom for $18 million. Today, that audio content creator and distributor is known as Audacy. And, it is officially ending operations at that podcast arm.

The last station owned by Don McCoy's Magic Broadcasting is being spun to a locally based owner, ensuring "Real Talk 93.3" remains the only station in Florida's capital city not owned by a national radio broadcasting group.

"Crafting Sound, Creating Experiences." That's the promise of a Coastal North Carolina limited liability company that has agreed to purchase a presently silent 50,000-watt FM reaching Nags Head and Kitty Hawk formerly known as "99.1 The Sound."

Ravi Kapur has proven to be an active buyer of low-power television stations in recent years. Now, his Major Market Broadcasting is in purchase mode once again, as it is agreeing to acquire a property in North Dakota from none other than the man behind Lowcountry 34 Media.

NBCUniversal’s Stamford Studios marked its 15th anniversary in late 2024 with the installation of a Solid State Logic System T S400 broadcast audio platform. The console manages broadcast audio for NBCUniversal Syndication Studios’ The Steve Wilkos Show and Karamo at the 46,000-square-foot production facility.

For nearly 13 years, he advocated for broadcast television and radio as a member of the NAB's Media Relations and Communications corps. Since the start of 2024, he has been aligned with ACA Connects. Now, he's penned an opinion piece that posits the cable TV industry against a rewrite of the FCC's media ownership rules.

The latest Media Monitors Spot Ten reports are out for Cable and for national TV, and when it comes to MVPD-distributed channels, there's no question as to what brand is at the top by spot play.

The rate of new CEOs who are women stayed at just 25% during the month of May, equal to the percentage seen in April and below the 29% of new CEOs who are women appointed in January-May 2024. Meanwhile, 56% of the women who are leaving their roles are being replaced by men, a new report shows.