Radio News

First, it had to refute a false report that its CEO, David Field, confirmed that it would commence a Chapter 11 reorganization plan. On Friday, with a NYSE delisting all but inevitable, Audacy Corp.'s stock price has ventured below 50 cents per share. Tuesday saw AUD lose another 8% of its share value, falling to a fresh all-time low.

What was the Spot Radio activity like for the AM and FM stations tracked by iHeartMedia-owned service Media Monitors going in to the Labor Day holiday weekend? Activity was quiet, with respect to much movement from the previous week, although there were two new entrants to the latest report for the week ending Sept. 4, 2022.

An Indianapolis woman has been charged by the U.S. Attorney’s Office for the Southern District of Indiana with conspiracy to commit wire fraud, a move the Justice Department made after it learned the WFYI employee falsified invoices to pay for goods and services used for personal use.

Townsquare Media has taken a step to help fill what it perceives to be a local news and information void, with the launch of a local, regional, and statewide service for those within the State of Washington.

Audacy Corp. shares are currently trading at roughly $0.52 and face a NYSE delisting. The poor Wall Street performance prompted a veteran radio industry blogger and former Inside Radio publisher to falsely report on Wednesday that Audacy will be declaring bankruptcy. The incorrect report was picked up by Boston media, leading President/CEO David Field to respond.

As of today, "Catholic Radio Indy" can be heard on a Class B FM serving Cloverdale, to the west of Indianapolis; on a Noblesville, Ind., Class A FM due north of Indianapolis; and on a FM translator in Anderson, Ind., due northeast of Indianapolis. Now, "Catholic Radio Indy" is fully encircling The Circle City by adding a signal due south of Indianapolis.

From Denver to Milwaukee, noncommercial "Urban Alternative" radio formats have emerged in recent months, and much of that was made possible by the Corporation for Public Broadcasting (CPB). Now, the President/CEO of CPB has released a request for proposals from public radio stations that harbor an interest in launching the format.

In German, a burgermeister has little to do with hamburgers. Rather, it is a chief magistrate or mayor. Thus, it is a bit fitting that Michael Burger has been given the top leadership position for a group of radio stations owned by iHeartMedia.

With the help of WSDG — Walters-Storyk Design Group, that is — "Radio Kingston" began its broadcasting operations from the historic structure, which now houses state-of-the-art broadcast facilities. One year later, the reinvented AM with an FM booster, WKNY in Kingston, N.Y., has not only reimagined its broadcast programming but also its studios and offices. 

In late May, it was revealed that Paul E. Davis would serve as CEO of Adeia, a standalone operation that would house the intellectual property business of HD Radio and DTS parent Xperi Holding Corporation. The separation of that business from Xperi's product business is now complete. Two independent publicly traded companies now exist.

Who knew that "Flo," with a little help from actor Jon Hamm, would help fuel a flood of radio spots that would make Progressive the big leader in its ad category at spot radio?

In mid-May, RBR+TVBR first reported on a petition filed with the FCC by a licensee serving the biggest city in the "Conch Republic" seeking a brand-new full-power FM signal be added to the table of allotments. The Assistant Chief of the Audio Division of the Commission has just given the green light to its creation.

The Broadcasters Foundation of America has established a memorial fund to honor the late Frank Boyle. The respected broadcaster and media broker passed away Tuesday at the age of 96.

For a few minutes, radio and podcast host Ben Shapiro appeared at the booth for his company at Podcast Movement. That set off a firestorm, and saw the conference organizers take to social media to apologize for his short time at the venue.

Starting August 24, an industry veteran known for his years at Doubleday Broadcasting and, later, as a media broker will serve as interim Chairman of the Board of Saga Communications, a move that comes following the August 19 passing of its founder and CEO.