NAB To FCC: Erase Cumulus’ Costly EEO Upload Penalty
In late February, the FCC released a Notice of Apparent Liability for Forfeiture to Cumulus Media that would see the agency collect $32,000 for EEO-related flubs tied to a group of radio stations it no longer owns. Now, the NAB is coming to the defense of Cumulus. It's petitioned the Commission to eliminate the entire fine.
Beasley’s Rich Addition Is Townsquare’s Empire State Loss
For the past four years, he's served as Market President and Chief Revenue and Content Officer of a group of radio stations including Country WGNA-FM and Classic Rocker WQBK-FM. Starting April 18, he'll no longer be in New York's Capital District, as he's just been named VP/Operations of one of the radio broadcasting industry's biggest companies.
In Rural Louisiana, An FM is Trading Hands
It reaches such Bayou Country towns as Oak Grove and Lake Providence, on the banks of the Mississippi River. It also reaches Eudora, Ark., just to the north of the state line. Now, this FM serving the "Ark-La-Miss" area since 1958 is heading to a new owner.
Nielsen Rejects Elliott Offer As ‘Advanced Talks’ Collapse
One week ago, Wall Street was abuzz over a report suggesting that Nielsen Holdings was nearing the end of negotiations with a consortium led by shareholder Elliott Management Corp. Late Sunday, Nielsen acknowledged the talks — and revealed it was saying no to the proposal. At the Closing Bell, Nielsen shares were down nearly 7%.
Private Debt Swap Concludes For Sinclair Sports Subsidiaries
Diamond Sports Group LLC and Diamond Sports Finance Company, two indirect subsidies of Sinclair Broadcast Group, have completed the final settlement of their previously announced private debt exchange offer.
Along the Columbia River, An FM Pair Are Spun
Two locales within the Tri-Cities DMA may have little in common, aside from the presence of FM stations owned by the same licensee. But, each town is home to first-generation Hispanic immigrants active in the viticultural and agricultural industries. This likely explains the desire of the rural properties, which are heading to a new owner.
WSJ: ‘Advanced Talks’ To Buy Nielsen Are In Progress
According to The Wall Street Journal, a consortium is very much near the conclusion of negotiations that could see the sale of the nation's dominant — yet shaky — audience measurement and consumer data analytics firm. This triggered a buying frenzy for Nielsen shares, which were up by more than 30% in Monday's trading session.
Graham HQ Returns To Motor City With Barr Retirement
With Emily Barr's exit, announced in January, and the naming of Catherine Badalamente as her successor, a shift back to Detroit for broadcast TV station owner Graham Media Group's HQ was all but certain. On Wednesday, that move became official.
Byron Allen, Ralph Oakley Among Broadcast Foundation ’22 Honorees
The event, which is traditionally held during the NAB Show in Las Vegas, makes it return after a three-year absence on Wednesday, April 27 — bright and early at 7am Pacific. Among the other honorees are now-retired NAB EVP/Media Relations Dennis Wharton, Katz Radio Group's President, and the Chief Insights Officer at Cumulus Media.
Xandr Unveils Political Ad Offerings for 2022 Midterms
Xandr’s “holistic approach for political” is comprised of multiple tools for advertisers and publishers to buy and sell political advertising programmatically.
Gray Television Grows Its LPTV Garden Again
A Gray TV property which in July celebrates its 73rd birthday is getting a low-power sibling in another key city within the big Birmingham DMA — marking another move by Gray to ensure over-the-air reception, market-wide, of its broadcast TV properties.
A Major Global Fintech, 5G Conference Attracts Rosenworcel
It is the belief of the organizers of this week's GSMA MWC Barcelona 2022 conference that high speed capacity networks, 5G and data-driven technologies like AI and IoT "underpin the transformation as companies across sectors look for digitally enabled and bespoke solutions." Among those actively seeking solutions are U.S.-based broadcasters. This explains Jessica Rosenworcel's presence in Catalonia.
Introducing A Global Newsfeed on Culture and Content Globalization
Data and technology company Spherex has introduced what it calls "the first-ever global newsfeed that aggregates stories from around the world related to the globalization of TV and film content." Called World M&E News, the weekly newsletter is being offered free of charge as a service to the entertainment industry.
NAB Announces 2022 Crystal Radio Award Finalists
Since 1987, the NAB Crystal Radio Awards have recognized radio stations for their outstanding year-round commitment to community service. Some 50 finalists for the 35th annual NAB Crystal Radio Awards have been revealed.
An Exponent AM Sells in Georgia
What's a Class D 1kw daytime-only Gospel station and its FM translator worth in the first quarter of 2022? Here's a Georgia deal that provides such an answer — and hope for similar broadcast facilities searching for a buyer.













