Legacy

Broadcast radio and TV technology player The Telos Alliance, parent company to Telos, Omnia, Axia, Linear Acoustic, 25-Seven, and Minnetonka, has selected its new Omnia US Sales Manager for Radio Processing. It's choice: Paul Kriegler.

In the land of 10,000 lakes, there is a "City of Lakes" located along Interstate 90, not too far north of the Iowa state line. It is here, in Fairmont, Minn., that an AM/FM combo is trading hands. It's the RBR+TVBR TRANSACTIONS TODAY top deal for January, 8, 2018. Also today: EMF snags a Lone Star translator its using in the state capital.

Nearly one month ago, Emmis Communications revealed that it is exiting one of its most profitable markets. On Thursday, RBR+TVBR independently confirmed that Becky Domyan will succeed John Sheehan at the helm of Entercom’s St. Louis stations. It is now known how much Emmis will be pocketing from its departure from the Gateway City.

CBS Corp. this week filed a lawsuit alleging breaches of fiduciary duty by National Amusements Inc. — the Shari Redstone-controlled entity that controls CBS and Viacom and wants the companies to recombine. To thwart such an effort, a vote on a special dividend severely diluting Redstone's voting power has been set by CBS. Redstone's group responded today.

The owner of the MeTV broadcast television network, in addition to four other digital multicast TV offerings and the "MeTV FM" Soft Oldies brand has just launched a next-generation broadcast TV station in the Windy City. The launch saw Weigel Broadcasting team up with six technology partners.

U.S. financial markets ended the week with gains, ahead of the Dr. Martin Luther King, Jr., holiday on Monday. The Dow Jones Industrial Average soared 336.25, to 24,706.35, while Nasdaq was up 72.76 points, to 7,157.23. Among the gainers: Nexstar Media Group.

Four former CBS Radio markets are Entercom's top revenue performers in Q1, said President/CEO David Field. That's not the only huge takeaway from his company's quarterly earnings call. Legalized sports gambling could be a huge money maker for Entercom very soon.

On July 18-19, the Arkansas Broadcasters Association celebrated its 70th year as a trade association for broadcasters operating in the state. One of the keynote speakers was FCC Commissioner Mike O'Rielly, who shared with the friendly crowd what he's heard from broadcasters across the U.S.

Nissan and Infiniti customers will continue to get a three-month introductory SiriusXM All Access subscription, which includes access to the SiriusXM mobile app, with the purchase of equipped vehicles for the next nine model years.

Fox Corporation is offering unlimited access to FOX News Channel and FOX Television Stations "to ensure that every person in America can access the latest national and local news regarding Coronavirus."

There's an organization change in order at the FCC's Media Bureau. In a move made because the Commissioners believe it will serve the public interest, improve operations and streamline the Media Bureau's organization, a division within the Bureau is no more.

Haven't heard our RBR+TVBR InFOCUS podcasts yet? Catch up now with on-demand access to our podcasts, which average 10-15 minutes in length. For access to all of our podcasts, including conversations with John Garziglia, NABOB head Jim Winston, NAB CEO Gordon Smith and many others, simply click here!

The now-former SVP/Head of Corporate Communications at Entercom Communications who last week voluntarily exited the audio media company has joined an entity committed to "reshaping and modernizing" the U.S. music industry.

With final data for the third quarter still being computed, radio industry total ad revenue is looking to be down by 30% compared to 2019. Blame it on COVID-19. Yet, there are some bright spots, and those were brought to light in Pillsbury's Broadcast Finance 2020 -- a virtual Radio Show presentation held Wednesday featuring two radio industry CEOs.