Pandora's Wall Street debut was a bust
You may have read uninformed commentary elsewhere that Pandora Media
Official skepticism clouds XM/Sirius betrothal
A while back a few Wall Street types were starting to think the XM/Sirius merger was going to get through the regulatory gauntlet. However,...
Peak Broadcasting is latest to go Chapter 11 route
Peak Broadcasting has reached a reorganization deal with a majority of its senior lender group, led by GE Capital. The owner of 11 radio stations in Fresno, CA and Boise, ID has filed a voluntary Chapter 11 plan to carry off the reorg.
Behind The Buyer Of WABC-AM In N.Y.
By 11am Eastern Thursday, the radio industry was abuzz with the news that Cumulus Media secured a buyer for WABC-AM in New York -- once America's most-listened-to radio station. But, who is the buyer? If you're a longtime New York resident, you know his grocery chain.
Houston Bankruptcy Court Grants Audacy Operational Asks
The U.S. Bankruptcy Court in Houston has authorized a final order that allows Audacy Inc., which submitted an emergency motion, to continue to operate their cash management system, use existing checks and business forms and honor intercompany arrangements.
iTunes Radio to expand before Pandora
Apple plans to expand iTunes Radio to English-speaking countries outside the U.S. by early 2014, beating Pandora to the U.K. and Canada, says a Bloomberg story. iTunes Radio is also set to start early next year in Australia and New Zealand, where Pandora already operates.
Could Radio’s Enemy Be A Computer?
Patrick Communications Managing Partner Larry Patrick is in the news today for his brokerage firm's representation of the buyer of a trio of radio stations from Alpha Media. As that deal was being finalized, Patrick took a moment while at his part-time Wyoming home prior to a trip to Washington, D.C., to collect his thoughts on a radio industry combatant many not often thing of. Could you be a guilty party?
InFOCUS Podcast: Greg Loose, Veritone
The U.S. is entering the eighth month of the COVID-19 pandemic, and that’s led to a variety of shifts in media management that largely involve remote work needs. What sort of role has Veritone Inc. played in aiding this transition, whether temporary or permanent, post-pandemic? We get the answer and more in this latest InFOCUS Podcast, presented by DOT.FM. LISTEN HERE
Marconi Awards Shift To Pre-NAB Show New York Gala
There's another tweak to just how and when the Marconi Radio Awards will be bestowed upon their respective honorees, and it sees a shift outside of the NAB Show New York annual conference — an event that was eyed as a locale that could win over former attendees of the former annual Radio Show.
Salem confirms Q3 guidance
Salem Communications Corporation has confirmed the Q3 guidance it issued last month. That calls for total revenue to increase 4% to 6% over Q3...
Sirius offers to fix overpowered radios
To comply with its agreement with the FCC, the Sirius side of Sirius XM has been notifying subscribers that the company will, at no...
BIN National News Gets Premiere Push
The iHeartMedia spoken word network focused on African American issues and insight, with a Black perspective, is getting a distribution boost from the company's national radio arm. Some 20 inaugural affiliates began offering Black Information Network News on Labor Day — including WVON-AM in Chicago, a Twin Cities noncomm, and an LPFM in Houston.
Close encounter in Fort Wayne
Russ Oasis' Oasis Radio is now the proud owner of WBTU-FM/WVBB-FM in the Fort Wayne IN market. According to Broker Michael J. Bergner that...
Beasley Board Moves Forward With Reverse Stock Split
The owner of such radio stations as "98.5 The Sports Hub" in Boston, WCSX and WRIF in Detroit, and WMMR and WMGK in Philadelphia will move ahead with a reverse stock split in a bid to regain Nasdaq minimum trading requirements. What's the ratio it is going with?
How is Nielsen Leaving Voltair Behind?
How is Nielsen leaving Voltair behind?