Radio News

With Urban One's release of its Q3 earnings, the amount Urban One is earning from the sale of the facility that today is St. Louis-market WFUN-FM 95.5 is now publicly known. The broker involved in the transaction: Greg Guy of Patrick Communications.

The sale of five radio stations serving Southwest Montana has been authorized by order of the Montana Eighteenth Judicial District Court, serving Gallatin County. As such, the receiver who held the licenses for the two AMs and three FMs is formally transferring them to a limited liability company based in Idaho.

If you like classic tunes from Jane's Addiction and cool new music from acts such as Dayglow and you happen to find yourself in the proximity of Walmart's global headquarters, there's a radio station for you — at least for now. That's because the Class A facility has just been sold, with the buyer obtaining it via a fully executed promissory note.

Sure, they may compete against each other in markets such as Boston and Detroit, but when it comes to audio streaming and ensuring a radio station can be accessed via a smart speaker, smart phone or good ol' laptops, partnerships matter. That's why Entercom is benefiting from a just-inked deal that will bring Beasley's content to Radio.com.

With satellite radio, CDs, Spotify, YouTube, Music Choice and a host of radio stations from the likes of Cumulus Media, iHeartMedia and Saga Communications, how has a 51-year market veteran continued to see ratings -- and revenue -- success through one single FM? Jerry Rogers shares why Q105.3 is beloved by Savannah in this fresh RBR+TVBR InFOCUS Podcast, presented by DOT.FM. LISTEN HERE

Good Karma Brands is committing to the launch of a locally programmed Talk station serving the African American community. On Monday, paperwork was finally filed with the FCC that includes details of its purchase of a Milwaukee AM and FM translator. A second filing reflects a second Good Karma deal -- a Madison transaction involving the Milwaukee seller.

At Audio Collaborative 2020, Research Analyst Luke Pearce discussed the overlapping and converging applications across the headphones market and how this could impact the developing landscape moving forward.

The nation's largest audio media company on Monday afternoon released its third quarter financial results. And, like its peers in the radio industry, the focus is on month-by-month incremental revenue growth, rather than a year-over-year comparison in an age where COVID-19 fiscal impacts paint a bleak picture. So, just how did iHeartMedia fare in Q3 2020?

Entercom President/CEO David Field lauded the "great process" the audio media company had made with its ongoing advertising revenue rebound. However, investors weren't thrilled with the company's Q3, it appears. In early afternoon trading on Friday, ETM was off nearly 7% of Thursday's close.

Financial pros likely won't give up their year-over-year examination of Entercom's Q3 results. But, that word -- sequential -- matters for Entercom. And, as it turns out, the company led by President/CEO David Field beat Wall Street estimates for both Q3 revenue and its non-GAAP earnings per share.

With the recent transition of a heritage Columbus, Ohio, Alternative brand to streaming-exclusive operations, the future of the FM was one of speculation. It’s now known Hispanics of Mexican descent are the target. Urban One is the operator.

The FCC has issued a Declaratory Ruling in response to a request from the nation's No. 1 owner of radio stations to grow its foreign ownership percentage from 25% to 100%, should it choose to. What did the Commission rule on the ask from iHeartMedia?

Cumulus Media on Thursday presented its Q3 earnings results, following the arrival of third-quarter reports from peers Saga Communications and Beasley Media Group. The key takeaway?

Saga Communications' Q3 saw a swing to a net loss from net income, year-over-year, but its CEO said it hasn't "burned through" any investor dollars while turning his attention to Saga's local direct prowess.

A third round of layoffs has impacted multiple iHeartMedia stations across the U.S., with many program directors being part of a new reduction in force effort just one week ahead of iHeart's Q3 earnings report.