Oldread’s ‘Fly’ New Role: Pamal’s Capitaland Captain
After more than a decade at the company's New England stations, including a run as Station Manager of Sports Talk WEEI-FM in Boston, a veteran Entercom sales pro is going to work for Jim Morrell. But, is there more to the story? Don't count on it, brokers say.
Boise State Closes On Sun Valley FM Acquisition
It may have just 100 watts, but at 9,039 feet above sea level, this Sun Valley, Idaho FM can reach Hailey and Ketchum just fine. That's likely what enticed Boise State Public Radio to acquire the facility, and that deal announced in late 2023 has just closed.
A Wisconsin Operator Electrifies Its Stable With NRG Trio Take
An owner of 16 radio stations and a hyperlocal TV station in Wisconsin is now poised to grow to 19 audio properties, thanks to a deal brokered by Kalil & Co. announced ahead of its posting on the FCC's deal database. The seller is an Iowa-based broadcast company headed by Mary Quass.
Audacy Rolls Sports Content Into A Single Ad Portfolio
As the company sees it, Audacy Sports creates "a market-differentiating opportunity for advertisers to connect with 43 million monthly listeners across the company’s sports portfolio while continuing to build equity in the Audacy brand."
Aptivada Adds A Big Radio Broadcasting Client
The provider of tools to radio stations for online contesting, marketing, revenue and promotions has affirmed a company wide multi-year agreement with the broadcasting entity led by Ed Christian and Sam Bush. As a result, all of this company's stations will be able to use Aptivada’s platform for its online promotions and related activities.
Salem Quietly Posts Q1 Results That Repeat 2023 Concerns
Salem Media Group, the company led by Dave Santrella focusing on Christian-themed and conservative secular spoken word audio content, reported a slight decrease in its net broadcast revenue during Q1 2024 as the company net loss was statistically flat from one year ago.
A Wall Street Blog Questions Beasley’s Dividend Lure
With a 1-year target estimate of $4.50, Beasley Broadcast Group shares could be a bargain for some investors. The company's 6% dividend may also be a big lure. Even so, Simply Wall Street asks if the dividend is "worth your time."
EMF Reveals Plans For Newest Acquisitions
On March 21, the parent of Christian music networks K-LOVE and Air1 shared that it was acquiring four FMs from Salem Media Group in a transaction valued at $7 million. Now the deal has closed, and Educational Media Foundation is sharing what its programming plans are for the stations.
Here’s When Entercom’s Q4 and Fiscal ’19 Results Arrive
The broadcast media company, which owns the Cadence 13 podcasting entity and is the parent of the Radio.com streaming app, will host a conference call two weeks from Tuesday to review the results and what it terms "recent progress against its strategic initiatives." Here's what investors expect to hear from President/CEO David Field and CFO Rich Schmaeling.
Top FCC Republican Wants No Audacy ‘Soros Shortcut’
A fund controlled by Democratic activist and investor George Soros will emerge as Audacy's largest shareholder, adding to its investment in Latino Media Network (LMN). Getting regulatory approval of the deal won't involve any "Soros shortcut," Brendan Carr has pledged.
With Grim Reaper Near, MMTC Pleads For St. Louis AMs’ Lifeline
Unless emergency interim action is taken by the FCC by March 30, four AM radio stations serving the St. Louis market -- and an FM translator assigned to one of these AMs -- will be "irretrievably lost." That's a take given by the MMTC's President Emeritus and Senior Advisor, David Honig. He wants the Commission to do what it can to preserve the stations and prevent their death.
Ichikawa Family Continues In Radio With Twin Tiers Deal
Gordon Ichikawa, who headed Tower Broadcasting, died unexpectedly on December 2, 2023 while snorkeling in Aruba. With his passing, Dawn Ichikawa was immediately appointed as the executor of her husband’s estate. Now, Ms. Ichikawa has decided to continue Gordon's legacy.
KFMB-AM Goes To iHeart In A Local Media LMA
At Noon PT on Tuesday, KFMB-AM in San Diego concluded its run as an News/Talk station under TEGNA ownership and, before that, as a Midwest Television-owned property. But, there is most certainly a spoken word future for the venerable station serving America's Finest City. It's thanks to iHeartMedia.
Bronx Bomber: Bachata FM Pirate Gets FCC Fine Affirmed
In mid-November 2023, the operator of an unlicensed radio station at 105.7 MHz, audible in parts of The Bronx, was handed a proposed fine of more than $2 million for his Spanish-language illegal operation branded as "La Mia Radio." The FCC has affirmed that suggested fine.
Modular, ‘Plug and Play’ Options Arrive For SBG Shows
These are challenging times for many broadcast media companies, due to the novel coronavirus crisis. As such, Sun Broadcast Group (SBG) says it has "restructured" all of its 24/7 formats and long-form shows "to make them more accessible to stations."