Radio News

It's a Class A FM in Orange County, Calif., owned by the forerunner of Estrella Media since 1987. On January, an LMA agreement with a Hispanic-focused broadcast ministry was struck. Now, that ministry is agreeing to purchase KWIZ-FM.

Salem Media Group, which trades on the Nasdaq and was up 4.5% in immediate after-hours trading to $1.39 on Wednesday, has announced when it plans to report its fourth quarter 2022 financial results.

In June 2021, Saga restored its quarterly dividend, suspended one year earlier in response to the COVID-19 pandemic. Since then, cash payouts of $0.16, and $0.20, per share were declared. Now, the Saga board has declared a quarterly cash dividend that is even richer for shareholders.

The NAB Show is expecting upward of 70,000 attendees and is looking to be a big conference for broadcast technology and cool gadgetry of use for radio and TV. In the first of several conference preview episodes of the InFOCUS Podcast, presented by dot.FM, we speak with Paul Jacobs of Jacobs Media.  LISTEN HERE

How did iHeartMedia perform in the final three months of last year? Revenue was up, but its net income declined — largely due to an income tax benefit seen in Q4 2021. Negating that line item, Adjusted EBITDA was up 7.3% year-over-year, powered by that 6% revenue gain.

The man at the helm of "The JV Show" at Wild 94.9 in San Francisco hasn't been heard from since Thursday. An update provided by SFPD on Monday placed heightened concern on the whereabouts of the host. Meanwhile, the show went on minus its main host, and his co-hosts were deeply emotional.

Salem Media Group, known for its conservative News/Talk radio stations and its Christian-themed audio and print media, has issued an irrevocable notice of redemption to the trustee of its outstanding 6.75% Senior Secured Notes due 2024. What does this mean?

Earlier this week, there were hints that the end could finally be near for Ed Stolz and those involved in a protracted legal argument that has involved unpaid attorneys, noted media broker Larry Patrick, and VCY America. Now, a ruling in a California federal court only fuels that conclusion.

Details surrounding the self-inflicted death of billionaire private investor and leveraged buyout specialist Thomas H. Lee, whose name will be forever linked to transactions involving Univision and Clear Channel but was not actually tied to at the time the deals were finalized, were still unfolding on Friday.

A full-service agency for creators and brands specialized in talent coaching, content strategy and development and brand partnerships has officially been launched and is ready to serve radio stations across the U.S. and Canada.

Cumulus Media President/CEO Mary Berner stated on the company's Q4 and full-year 2022 earnings call that national advertising remains a key challenge for the company. What else did Berner have to say with respect to ad trends and what 2023 looks like from her C-Suite in Atlanta? We share her thoughts in this InFOCUS Podcast, presented by dot.FM. LISTEN HERE

On Wednesday, RBR+TVBR shared details of an entirely computer-generated simulation of an air personality, now ready to entertain Spotify users.  It turns out AM and FM radio stations now have access to similar technology, thanks to the team led by Daniel Anstandig.

The licensee name may reflect its interest in television, but Texas-based Brazos TV, led by President Stephen Denny, has just agreed to acquire a pair of FM radio stations.

Two of the nation's biggest owners of radio stations have decided when they will respectively release their fourth quarter and full-year 2022 earnings reports. Each of the dates are in March, and for Audacy Corp., the choice is on the day on which Roman Emperor Julius Caesar was assassinated in 44 B.C.

Underwriting support in the form of ad dollars, a big driver of NPR Podcasts, is crucial toward meeting the annual budget. There's a problem. A $32 million gap between the annual budget and advertising revenue is shaping up. As a result, at least 100 people will be losing their jobs.