A Multi-Year SiriusXM Agreement Extension For NASCAR
Enjoy live broadcasts of every NASCAR race, plus daily NASCAR talk and interviews with voices across the industry? You'll need not consider another audio source if you're a SiriusXM subscriber.
SBS Releases Its Fiscal 2022 Results
Spanish Broadcasting System (SBS), the publicly traded multimedia company that is selling its television operations, has released its final computations of its 2022 fiscal results. How did SBS, founded by Raúl Alarcon Jr. and led on a daily basis by Albert Rodriguez, perform last year?
Spotify Outlook Helps Send Stock Soaring After Q1 Results Release
The on-demand music streaming service surpassed its Q1 2023 predictions on both new subscribers and total listeners. That sparked a buying spree on the NYSE, sending Spotify shares up by more than 5% minutes before Tuesday's Closing Bell.
New York Tri-State Area Landowners Get Pirate Radio Warning
The cease-and-desist actions are a result of the PIRATE Act, and it puts the landlords on notice that they could end up with a $2 million fine if the property owner doesn't take measures to stop any individual or entity who is considered to be a broadcasting buccaneer.
An ‘OPIF’ Flub Leads To FCC Consent Decree
In 1989, he purchased this AM, changing the format from Country to Blues, Gospel, and Soul Music. In his bio, Roosevelt Gremillion admits, “I didn’t know much about owning or operating a radio station, but I was willing to learn…I had no choice!” Now, Gremillion is learning another lesson.
Sirius XM Sends Stern To Inaugurate SoBe Studios
Automotive sales have yet to fully recover from the pandemic. Audio consumers are becoming more frugal. Despite the headwinds, Sirius XM is sailing to South Beach with a big splash, and Howard Stern is a big part of the launch of new studios steps away from the Miami party scene.
Twelve Years Later, SBS Returns To Houston, But In Radio
On May 2, 2011, Spanish Broadcasting System entered into a definitive agreement to acquire a broadcast station serving the Houston market for $16 million.
However, that transaction brought SBS a TV station — not a radio station, which SBS agreed to purchase late Thursday.
April Sours: Cumulus Stock Seeks a Needed Recovery
With Friday's trading on the Nasdaq market concluded, Cumulus Media shares were off 7.6% from Thursday, dipping to $3.88. While that's slightly better than where shares were 2 1/2 weeks ago for the audio content creation and distribution company, analysts paint a bearish mid-term and long-term picture for Cumulus.
A. Wray Fitch Converts LMA To Buy For Marks-Owned FM
Steve Marks’ passing led Wilkinson Barker Knauer attorney David Oxenford to transfer control of a Country FM with some “WOW” factor to Marks’ widow, Mary. Now, She's agreed to sell the facility to its Leased Management Agreement partner since 2017.
Flood Files For FCC Approval of DJ Duo Purchase
He's seeking to serve the First Congressional District of Nebraska in the U.S. House of Representatives and is widely known by "Local Power TV" advocates and by those across the radio broadcasting industry. Mike Flood is now making headlines for his media company's latest acquisition, which involves two FM stations serving two different Nebraska cities.
Norsan Adds A Fourth Property To First Coast Radio Stable
Norsan Media is acquiring an AM and a pair of FM translators in Jacksonville, Fla., from a religious broadcast entity. Could these be used to bring better coverage to the market of a Latin Adult Contemporary presentation presently on WYKB-FM HD2?
Pete Buttigieg Talks Officially About AM Radio’s In-Car Fate
Secretary of Transportation Pete Buttigieg is finally speaking out on the subject of protecting AM radio in EVs. Buttigieg was asked about how the Department of Transportation is responding to automakers removing the band by Washington Watch. He responded, but with little to offer on the matter.
As NAB Show Concludes, Broadcasters Foundation Honors Leaders
With the 2023 NAB Show's meetings and panel discussions now concluded, broadcast media leaders gathered at the Wynn Las Vegas to salute six recipients of the Broadcasters Foundation of America Leadership Awards and celebrate this year's Excellence in Broadcasting Award and Chairman's Award honorees.
Beasley Prepares For Q1 Results Reveal
In one week, Beasley Broadcast Group will report its first quarter earnings for 2023. CEO Caroline Beasley and CFO Marie Tedesco at 11am next Wednesday will host an earnings call for analysts and shareholders to review the results, as they normally do. But, could this be a pivotal fiscal health check?
FCC Reverses Tentative Selectee Of A NCE ‘MX’ Group
It is a small Southeast Georgia city closer to Jacksonville than Atlanta. And, it is home to a religious entity that had been the tentative selectee in NCE MX Group 63. A Petition to Deny was filed. Guess what? It was given an affirmative nod by the Audio Division of the FCC's Media Bureau, giving a victory to noted attorney Frank Montero.


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