Todd Parkin Cleared to Close Rincon’s Sinclair Station Deal
In early March, a former Bally Sports sales executive who between 2009 and 2013 served as CEO of television broadcast station owner PBC Broadcasting, agreed to a deal returning him to the ownership ranks. However, that transaction was challenged — not because of him, but because of Sinclair Inc.
Civic Media Expands To Michigan’s Upper Peninsula
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).
Sinclair, SSA Partners Win Baltimore License Renewal
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.
Consent Decree Resolves Sinclair ‘KidVid’ Rule Violation
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.
Shark Tanked: Beasley Sells Tampa Bay FM To K-LOVE Parent
"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.
Nexstar Credit Facilities Get a Successful Refi
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.
Jim Loftus Concludes An Illustrious Career In Radio
At the start of 2024, he became Times-Shamrock Communications CEO. Before that, he served as COO of 7 Mountains Media; as President/CEO of WBEB-FM in Philadelphia under the ownership of Jerry Lee; and in a previous tenure spent nine years as Times-Shamrock's COO. As of today, he is now retired.
Audacy Strikes A Streaming Deal With iHeartMedia
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.
This Year’s Radio Hall of Fame Inductees Revealed
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.
A Five-Year Celebration For iHeartMedia’s ‘BIN’
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.
With Soros Fund Now In Control, Audacy Closes A Podcast Unit
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.
Magic Act Ends As Jopling Will Buy Tallahassee’s ‘Real Talk’
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.
Silent OBX FM Sold By JAM’s Bankruptcy Attorney
"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."
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West-of-Cleveland AM Poised for Biblical Change
A Class B AM serving an area of Ohio between Sandusky and Cleveland is about to change hands. For longtime listeners, however, a shift to an all-digital online platform has transpired, keeping the locally focused chat intact.
Winemiller Agrees To Purchase A SLC LPTV Property
The prolific entrepreneur of low-power broadcast televisions is at it again when it comes to signing off on a transaction. This time, he's struck a deal to purchase a property serving Salt Lake City.
A Major Market Acquisition in Bismarck for Kapur
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.
For 15th Anniversary, NBCU’s Stamford Home Gets A SSL Boost
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.
Former NAB Communications VP Slams Broadcast TV’s FCC Wants
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.
Another Big Week At Spot Cable For A Big Advertiser
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.
Challenger: ‘Alarming Drop’ in Female CEO Successions
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.
States Rights Trumps A Federal Mandate On AI
A decade-long moratorium on state-level Artificial Intelligence regulations, which would have impacted broadcast media stations across the U.S., was solidly defeated by a nearly unanimous vote in the U.S. Senate.
NADiV Displays LED Video Wall Line Arrives From DNAV
The NADiV line includes outdoor models that can handle extreme weather and temperature shifts while outputting high-brightness levels, as well as indoor displays optimized for easy installation. For more intense applications, NADiV also offers broadcast-grade panels with ultra-high refresh rates (up to 7680Hz).
EFC, Skandha Team To Boost MCC Infrastructure, Services
A new collaboration with a space-branded real estate specialist is bringing "next level offshoring agility" to broadcasters, OTT platforms, media tech and software companies by managing complete lifecycle of content. Skandha says.
DataCore Software Appoints a Chief Revenue Officer
DataCore Software, known for software-defined storage and intelligent data management solutions, has selected an individual to lead global sales, channel and revenue operations to accelerate the company’s growth and market expansion.
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