Legacy

In June, Cumulus Media sold $500 million in senior secured first-lien notes due 2026. Net proceeds of the offering were used to partially repay Cumulus’ indebtedness under its senior secured term loan facility. Now, Cumulus is at it again, with a new term loan in the works.

An FM translator serving Columbus, Ohio, associated with a Class D Gospel station is being acquired by the entity that has been leasing the facility to bring a little "revitalization" to its business, while spreading the word of Jesus to the Buckeye State's capital city.

The Goldman Sachs 28th Annual Communacopia Conference saw media leaders on Tuesday gather en masse at the Conrad New York. Among those in attendance: the CEO and CFO of what will be ViacomCBS, pending regulatory approval. Here's what they had to share.

In 1978, a veteran journalist known for her coverage of Washington politics joined what was then known as National Public Radio. In 1988, she would join ABC News. Now, journalists and everyday listeners are paying tribute to Cokie Roberts, who has died of complications from breast cancer.

Just in time for the 2019 Radio Show in Dallas: a new FM audio processor "built from the ground up based on several new breakthrough technologies, including a new approach to dynamics control and pre-emphasis management."

Roger Wahl is the 100% owner of a Class A FM in a small Western Pennsylvania town. Wahl, a.k.a. "The Commander," became a town celebrity by offering local news headlines and school lunch menus to listeners. Now, Wahl is in big trouble, and it could impact his ownership of WQZS-FM.

It's been a bumpy two weeks for Meredith Corp. shareholders thanks to a sour fiscal 2020 outlook announcement. Now, Meredith shares are climbing back, and Moody's Investors Service has affirmed the company's ratings following the very guidance many disliked.

With Entercom Communications reeling from what has yet to be officially confirmed as a major ransomware attack, a "network penetration" tester shares how media companies can best avoid the level of problems faced by the radio broadcasting company in an exclusive interview with RBR+TVBR.

With the Association of National Advertisers (ANA)'s "Masters of Marketing" conference scheduled for the first days of October in Orlando, now is the time for broadcast media's leaders to make themselves known. Who knew inspiration could come from Down Under?

LTN Global, a provider of broadcast-quality IP video transport solutions, has entered into an agreement to acquire Make.TV, developer of a cloud-based service that enables content creators to access, curate, and publish live video streams to affiliates, social media, and OTT platforms.

Viaccess-Orca (VO), a provider of OTT and TV platforms, content protection, and advanced data solutions, and programmatic advertising partner Smart Adserver, an independent ad monetization platform, are set to introduce an end-to-end, targeted TV advertising solution and use IBC 2019 as a key launch pad for the product.

Is "ROCE" -- Return On Capital Employed -- a good gauge of whether or not a company's stock makes a smart investment? Simply Wall St. thinks so, and believes it can provide keen insight into "how profitably" Beasley is able to employ capital in its business.

U.S. financial markets were down slightly ahead of the Closing Bell on Wall Street, with the Dow Jones Industrial Average off 20.20 to 26,342.05 and Nasdaq down roughly 40 points to 7933.75. For media stocks, up and down activity was seen.

Where U.S. 287 and U.S. 96 meet is the Texas town of Lumberton, due north of Beaumont. Here, a silent AM with 3 towers is being sold, and it's the lead item of business in Transactions Today from RBR+TVBR.

Its shares on Thursday morning were $4.72 below its 52-week high. The 24-month trend is rather bleak. That didn’t stop Beasley from declaring a quarterly cash dividend.