Thursday, February 13, 2025

US Congress

Congressional Support for Radio Still Growing

Three more members of the House of Representatives have added their names
Rush Limbaugh

Rush making big moves

Starting Monday 1/6, Rush Limbaugh affiliations are going to be changing in three markets: In NYC from Cumulus’ WABC to CCME’s WOR. The others are being moved to new radio stations being created by CCME to organize audiences around exclusively conservative talk radio instead of the current blended news and broader talk. In LA, there will be a new CCME-branded station at the current KTLK-AM 1150. It will be called “The Patriot.” Rush will be moving from KFI there. In San Francisco,
CUMULUS MEDIA Stacked

Cumulus Approved For NASDAQ Return

Cumulus Media's grand return to the NASDAQ Global Market has been finalized. While Cumulus is already using the "CMIA" symbol and a value of $15, there's been no active trading of the company's stock. So, when's the big day for the company that successfully emerged from Chapter 11 bankruptcy protection?

TRN, Washington Times to launch syndicated show

Talk Radio Network and The Washington Times are partnering to create a nationally syndicated, morning-drive show with a new format aimed at showcasing investigative...

Emmis Communications may sue Alden Global Capital

Emmis Communications is threatening litigation over Alden Global Capital

Latino Learning For Today’s Leaders

The Hispanic consumer has emerged in recent years as one of the most vitally important for brands and businesses. Media companies are no different. A successful approach to welcoming — and keeping — U.S. Latinos through audio entertainment that is relevant and of high appeal can reap huge dividends for radio broadcasting companies. To help AMs and FMs on their path to success, the Radio + Television Business Report and Radio INK are pleased to present the first in a series of short podcasts focused on Hispanic radio — and its power — in advance of the 2018 Hispanic Radio Conference, March 13-14 in Miami. 

WQOM-AM Boston to hit the air November 1

Having recently completed its signal upgrade, WQOM-AM Boston (formerly WBIX) has set Monday, November 1 at 8:00 am for its debut. New owner Holy...

With No Earnings Call, Audacy Quietly Releases Downbeat Q2 Report

How did Audacy Inc., which will not be holding quarterly earnings calls for investors, debtholders and financial analysts, do in Q2? It topped analysts' revenue forecasts. Unfortunately, that's where the good news ends, as an enormous earnings per share loss was logged.
CUMULUS MEDIA Stacked

A Second Cumulus Lender Snaps Up Shares

On Thursday RBR+TVBR exclusively reported on the rapid acceleration of Cumulus Media stock by Brigade Capital Management, a member of the "Ad-Hoc Cross-Holder Committee" — the group comprised of holders of $2.025 million in term loans and 7.75% senior notes due May 2019 that objected to Cumulus' restructuring plan. We now know a second lender has taken a beneficial ownership stake in Cumulus.
Howard Stern

Stern Reality for SiriusXM

Bloomberg Businessweek has taken alook at one of the biggest challenges facing SiriusXM

Liggins faces shareholders today

Only routine business is on the official agenda today as shareholders of Radio One hold their annual meeting at a Washington, DC hotel. CEO...

Stout Sale For A Milwaukee FM Translator

A few years ago, an FM translator with a signal covering suburban Milwaukee was purchased by Dave and Connie Stout. Today, that facility holds a Construction Permit for a Milwaukee-based facility due south of Whitefish Bay, and that's what made it attractive enough for a nonprofit broadcast ministry to buy it.

RFD-TV confirms Imus simulcast

Rural Media Group Inc. announced that it has signed a 5-year agreement to simulcast the "Imus In The Morning" program from new radio flagship...

Clear Channel Shoulder Taps iHeart For $30 Million Repayment

Clear Channel Outdoor Holdings has given notice in an SEC filing that it is demanding repayment of a $30M note from iHeartCommunications, its parent company.

Luncheons Nixed As Awards Get Redo At 2018 NAB Show

The 2018 NAB Show is guaranteed to have more bright lights -- and food for attendees -- than the jam-packed and expansive 2017 event in Las Vegas. Two new events highlighting broadcast industry achievement are on tap. As a result, three luncheons have been tossed.