Radio News

Ronald Cohen has signed off on the sale of two AM radio stations serving the Palm Springs, Calif., radio market. The buyer is an entity that recently acquired a low-power TV station serving the market.

An FM that 5 1/2 years ago was being pitched to potential buyers by Media Services Group saw its license revoked and call letters deleted, as subsequent actions led the Audio Division of the FCC's Media Bureau to take the action. A Petition for Reconsideration was filed. Al Shudiner, Audio Division Chief, said no.

Richard Stern, the Chief Executive Officer of TuneIn, the streaming audio platform with a global presence, returns to the InFOCUS Podcast, presented by dot.FM, to address questions surrounding AM radio’s future in the vehicle with RBR+TVBR Editor-in-Chief Adam R Jacobson. LISTEN HERE

For years, supporters of non-commercial hyperlocal community-based radio got the short shrift from the FCC, with alleged favoritism to FM translators operated by secular and non-secular entities alike.  Now, the low-power FM community is gaining an opportunity to build new facilities.

It's run by H Hawaii Media, led by George Hochman. However, ownership of Maui's Country station until now has involved other shareholders. And, according to the FCC, changes of control of the licensee in 2017 and again in 2020 were made without Commission authorization. Now, Hochman and the Commission are resolving the matter.

The partnership "also unlocks new monetization opportunities for Audacy and TuneIn’s advertising partners, leveraging the companies’ collective scale, precision targeting and analytics capabilities," Audacy Inc. said in an an announcement distributed on Wednesday.

The annual reconstitution of the Russell 3000 and small-cap Russell 2000 indices becomes effective on Monday. For Townsquare Media and its shareholders, it is an action that brings good news and bigger growth opportunities to the "local first" company focused on digital media, programmatic advertising and broadcast radio solutions.

The 2023 edition of Nielsen's Audio Today report has been released, and the dominant audience measurement company for AM and FM radio says the study dives deep into how Americans use not only broadcast radio, but also podcasts, streaming and satellite radio.

Latino Media Network (LMN), the entity that was founded with its acquisition of radio stations from TelevisaUnivision, has a new Chief Revenue Officer.

After numerous setbacks, Urban One and its CEO Alfred Liggins are again on the precipice of actually obtaining their ONE Casino + Resort. Urban One made headlines with the divestment of its stakes in MGM National Harbor in April.

Three men from New Hampshire have been charged with conspiring to harass and intimidate two journalists employed by New Hampshire Public Radio (NHPR). The alleged incidents included multiple acts of vandalism, such as throwing bricks and spray-painting lewd language.

Townsquare’s “local first” digital approach carried them to a 2023 Q1 that outperformed expectations, despite a net loss. Now the company has taken a large step to buy back and retire shares in a show that Q2 could be a significant bump for the broadcaster.

As NPR navigates the effects of a massive budget shortfall, the public broadcaster is putting a new set of hands on the financial tiller. A new Chief Financial Officer has been named months after NPR cut around 10% of its workforce.

For Hispanic radio, achieving sales growth remains a challenge. What are the solutions for getting more ad dollars, and closing the gap between the population that consumes Hispanic radio versus the ad budget percentage put toward those radio stations? A Hispanic Radio Conference session tackled that subject. 

When it comes to U.S. Hispanic radio, radio advertising and marketing spend enjoyed a higher growth rate in 2022 than the overall radio market. But, is that still not enough? A Hispanic Radio Conference session on Thursday addressed the ever-important topic.