Saga Affirms Release Date For Q3 Fiscal Reveal
The publicly traded radio industry pure-play led by CEO Chris Forgy has announced when it will release its fiscal report for the three-month period ending September 30. What can institutional investors including Towerview LLC, led by Daniel Tisch, expect to see?
Toronto’s ‘Indie 88’ Is Sold To An ‘Independent Voice’
Ten years and one month ago, a challenger to Corus-owned Alternative CFNY "Edge 102.1" arrived. Over time, the station championed Canadian acts in the modern rock genre. It hired Josie Dye for morning drive and was the final home of Dave Bookman. Now, Central Ontario Broadcasting is parting ways with "Indie 88."
Salem Church Product Business Is Sold
When the transaction closes, scheduled for November 1, the parties will also enter into a $10 million multi-year agreement for Salem to advertise the Gloo platform’s products and services across Salem’s radio and digital platform that serves the Christian audience.
New York Festivals Radio Awards Now Open for Entries
The New York Festivals Radio Awards provides a showcase to celebrate world-class storytellers from around the globe. NYF’s Radio Awards 66-year legacy honors creative innovation and excellence in broadcast and audio content across all genres and platforms.
Media Bureau Rejects New FM Noncomm Application
On October 26, 2022, the results of a "threshold fair distribution of service" analyses were revealed as part of a new noncommercial FM window that, in Group 152, awarded the forthcoming facility to the operator of the NPR Member station serving western New Mexico. Now, the Media Bureau has dismissed its application for a construction permit.
RHOF’s 2023 ‘Legends of Radio’ Inductees Revealed
The Museum of Broadcast Communications has unveiled the latest selection of 12 Legends inductees into the Radio Hall of Fame for 2023, recognizing the talents and efforts of on-air personalities, programmers and operators who contributed with greatness to the radio industry and have since passed away.
A ‘Save Our Station’ Deal Is Done in W. Va.
A trio of West Virginia radio stations are being sold, and the transaction, which sees Seth Williams of Fletcher, Heald & Hildreth serve as the legal counsel for both parties, brings in a new owner dedicated to a "Save Our Station" effort. That's the official name of the licensee that, pending FCC approval, will be acquiring the three properties.
Liberty University Losing Campus Station’s Signal After FCC Inquiry
Liberty University will shutter the over-the-air signal for its campus station WQLU after an FCC Media Bureau inquiry into its operation. The Lynchburg, Virginia-based private evangelical Christian university filed for license renewal in 2019, which was granted. However, an inquiry was initiated by the Media Bureau.
Sacramento State To Take Over ‘CapRadio’ Amid Cash Crisis
The Classical and spoken word noncommercial radio brands operated by CapRadio will soon be taken over by the entity that owns the seven stations the programming airs on: Sacramento State University. Why? An organizational audit of CapRadio revealed serious financial and management concerns.
A ‘Mighty’ Montana AM Resolves Improper License Transfer
The Audio Division of the FCC has entered into a Consent Decree with the owners of an AM radio station serving Billings, Mont., as "The Mighty 790." It resolves the improper transfer of the licensee by two individuals to trusts controlled by their children.
Cumulus Settles ‘Hang Zone’ Hosts’ IP Contract Breach
On August 9, Cumulus Media sued two former air personalities at its Dallas Sports Talk station in a U.S. District Court, asserting that Dan McDowell and Jake Kemp broke their noncompete agreement and thus breached their contract. On Tuesday, "The Hang Zone" hosts reached a settlement with Cumulus, resolving their differences.
No Lights? Paint Job Needed? That’s A Potential FCC Tower Foul
A veteran broadcast radio station licensee has received a formal warning from the FCC that the single tower housing the transmitter of a Class B AM radio station serving the Delmarva Peninsula east of Washington, D.C., is not up to snuff with Commission rules. If the tower isn't painted and doesn't resolve its lighting deficiencies, Sima Birach could be handed a fine.
FM Translator Window Petition Rejected By Audio Division
A one-line sentence from a Geneva, Ala.-based individual requesting that the Commission open up a general FM translator window no later than 2025 is not sufficient enough to be considered by the federal agency, Audio Division Chief Al Shuldiner has concluded.
Sirius XM Receives Non-Binding Liberty Media Offer
A special committee of independent directors comprised of SiriusXM Holdings Inc. board members on Tuesday confirmed the receipt of a non-binding proposal that would see the company's shares merged with a group of "tracking stocks" that hold Liberty Media's stake in the satellite radio company.
Audacy To Return Two Las Vegas AMs With Site Move
On March 1, two longtime AM radio stations owned by Audacy Corp. went dark under Special Temporary Authority with the FCC, after the company agreed to pocket millions of dollars from the sale of a North Las Vegas parcel on which the stations' towers stood. Now, the kHz-band stations are poised to return, as a new tower site has been affirmed.