Radio News

It was agreed to by the Urban One board on Monday and submitted to the Securities and Exchange Commission on Wednesday. How big is the authorization?

Now led by Chris Forgy, Michigan-headquartered Saga Communications on Wednesday declared a quarterly and special cash dividend, shared details of a new variable dividend policy, disclosed changes to its Board of Directors, and even offered an update on the company’s strategic initiatives. That update includes details of a takeover bid the Saga board ultimately said no to.

The telecommunications category is an important one for radio stations when it comes to advertisers, and growth opportunities. How big is telecom, or cellular services, or internet providers? It works for radio, the RAB says. That's why the next live presentation in the radio sales advocacy group's "Radio Works" initiative is devoted to the category.

Getting the "American Music Fairness Act," which would impose new royalty fees on radio airplay of recorded music, this far is an achievement. But, getting it passed in the House is a whole other matter. Even with a new push that sees 40+ "prominent music artists and creators" seek Congressional approval of the proposed law, the likelihood of that happening is slim.

There are two less stations serving the Honolulu radio market. That's because SummitMedia has voluntarily surrendered the licenses of its pair of AM radio stations covering the Hawaiian island of O'ahu.

Today, retired former NJBA head Paul Rotella is focusing on his health from a home not far from Lake Wallenpaupack, Pa. The NJBA? It is moving on by outsourcing its management to a privately owned company dedicated to providing such services to advocacy-based organizations.

An Iowa Class C AM with 1 tower putting out 420 watts during daylight hours and 840 watts when it is dark. It enjoys some "FM revitalization" thanks to an FM translator. The facilities are now set for an ownership evolution of sorts, and it sees David Oxenford of Wilkinson Barker Knauer in the role of legal counsel for this transaction.

He was there when Salem Media Group purchased WAVA-FM from Emmis Communications in late 1991, taking over the former Top 40 station on a snowy Valentine's Day 1992.  Now, Tom Moyer is set to retire after three decades overseeing all of Salem's stations serving the National Capital Area. His successor was revealed by Salem on Thursday.

Borrell Associates on Thursday resumed its "Chart of the Week" feature, and in doing so it offers radio industry sellers a big boost of confidence. Why? Some 22% of local ad buyers went overbudget in 2022, and they spent more on Radio.

The Copyright Royalty Judges sitting on the federal Copyright Royalty Board have received a notice of intent from SoundExchange to audit three years' worth of account statement submitted by the nation's satellite radio company. It will involve their webcaster, satellite digital audio radio, new subscription and business establishment services, and is all about royalty payments made pursuant to two statutory licenses.

A "curated slate" of Spanish-language podcasts from TelevisaUnivision's audio network have been amalgamated and can now be found in a dedicated station on the TuneIn live streaming audio service.

Four individuals who are on the national Do-Not-Call Registry have filed a class action lawsuit against the nation's satellite radio company for receiving unwanted telemarketing calls — for years.

He was a VP/GM for former radio station owner Greater Media before taking the role of SVP of Local Media for Townsquare Media. As November 30 began, he took to LinkedIn to announce that it would be his last day at the company.

The Smith family's Horizon Broadcasting is formally exiting broadcasting by selling their top-rated standalone Class A FM, which has a Class C3 CP, in fast-growing Brevard County. The buyer? It's a Sunshine State operation focused on properties in Gainesville, but also has an operation in both Orlando and Dallas.

Spanish Broadcasting System late Tuesday released its third quarter earnings report, and the Miami-based multimedia company enjoyed 6% consolidated revenue growth compared to the same period of 2021. However, the favored non-GAAP "OIBDA" seen by SBS in Q3 was flat, and radio OIBDA was off by 10%.