Cumulus Extends Its ABL. Mary Berner Explained Why
An indirect wholly owned subsidiary of Cumulus Media has amended its existing $100 million revolving credit facility by extending its maturity by two years. Here's the good news: As of Wednesday, there were no amounts outstanding under the facility.
Townsquare Media’s Top Leaders Sign New Salary Deals
A SEC filing made public on Friday morning details the October 7 signing of amended and restated employment agreements with the local digital and audio media company's CEO, Bill Wilson, and CFO Stu Rosenstein and COO Erik Hellum. We've got the details on how much each of these C-Suite executives will earn in 2022.
CMG Steps Up In The Wake Of Disaster
We all know the part media play in warning the public of coming natural disasters, and reporting all the way through them and beyond. More often than not, local radio and TV help in the healing process too. That’s what is happening out in Oklahoma right now.
CRSA partners with Tony Bongiovi
The Classic Rock Society of America (CRSA) has partnered with renowned producer, engineer, and founder of Power Station Studios, Tony Bongiovi, to restore its...
MMTC Sells A Rural Arizona FM
It was once majority-owned by Mexican citizen Juan Carlos Rodriguez, of Deportes y Música Comunicaciones LLC. Of late, the station has been licensed to the MMTC Broadcasting LLC arm of the Multicultural Media, Telecom and Internet Council. Now, the MMTC is selling this Arizona FM to a minority buyer.
WMBI-AM launches Spanish-speaking Christian station
Moody Radio’s WMBI-AM 1110 launched the only fully operational Christian Spanish-speaking station in Chicago 2/6. With the tagline, "Compartiendo Esperanza. Siempre Contigo" (Sharing Hope....
Blue Jays Giveaway Report Yields Broadcast Standards Scorn
The station known as "680 NewsRadio Toronto" was found to have breached Article 4.0 of the Radio Television Digital News Association of Canada’s Code of Journalistic Ethics when it failed to disclose in a report about a Toronto Blue Jays World Series ticket giveaway that Rogers owns both the team and CFTR-AM.
KXCI launches fundraising drive to improve coverage
The Tucson community station on 91.3 mHz is looking to raise $750,000 for a variety of improvement projects, but almost half of it will...
Apollo Theater Head Added To SiriusXM Board, Which OK’s Dividend
SiriusXM's Board of Directors has declared a regular quarterly cash dividend. There's also confirmation of a stock repurchase in play. The news comes as the President and Chief Executive Officer of the Apollo Theater Foundation has been appointed to the satellite radio company's board.
Double-digit downer for Beasley
Beasley Broadcast Group Inc. (BBGI) reports that Q2 revenues were down 24% and station operating income (SOI) 28%. The biggest hits came in the...
‘Vault’ Move Leads To Delmarva Stick Sale
Until recently, a Class A serving the southern half of the Delmarva Peninsula from Maryland's Eastern Shore was a simulcast partner of a Classic Rocker. Now, the programming has shifted to a closer-to-D.C. facility as this station gets traded away.
Curtis Media Buys N.C. Translator
Curtis Media buys Southern Pines, N.C. FM translator.
SBGI to rep El Mandril Morning Show
Sun Broadcast Group, Inc. has entered into a national sales rep agreement with SBS’s El Mandril
HD Reaches Dashboard Benchmarks
HD radio as provided by iBiquity brings AM and FM radio into the digital age
Here’s A Snapshot Of The New NAB Board
No less than 13 radio industry professionals have been elected to a two-year term as a NAB Board Member. The terms set to start in June, and there will also be six new additions to the NAB Television Board.