Radio News

As recently as October 30, Nielsen shares sat at $13.51 — a sign to some that its COVID-19 era slump wouldn't end soon. That prognostication turned out to be incorrect. NLSN now stands at its best price since late May 2019, a positive for the dominant audience measurement company as it selects the date it will release its Q4 and full-year 2020 results.

The announced launch this week of the "BetQL Audio Network" by Entercom appears to have sparked more investor interest in the audio media company that owns podcast players Cadence13 and Pineapple Street, the Radio.com audio streaming platform, and broadcast stations such as WFAN in New York. Entercom stock was up by more than 10% as the Closing Bell rang on the NYSE.

Friday's trading session saw Salem shares decline sharply, and on heavy volume. But, it could be simple profiteering: the dip came one day after SALM finished at its highest COVID-19 era value.

He spent more than 45 years in the radio broadcasting industry, but, he's most likely remembered as a champion of spoken word radio, thanks to his tenure as News/Talk/Sports Editor for the defunct Radio & Records and, later, at the helm of his own daily e-newsletter. Al Peterson, who recently retired and lived in Rancho Bernardo, Calif., has died. He was 68.

It seems Townsquare Media shareholders are thrilled over the news that it is repurchasing at least 10 million of the 12.5 million shares of Class A and Class B common stock — and warrants — held by funds managed by Oaktree Capital Management L.P. With Thursday's Closing Bell on Wall Street, TSQ finished at its best closing price in nearly one year.

With Bill Hendrich's retirement at the end of 2020, Cox Media Group needed to select a new leader to oversee its collection of AM and FM radio stations. On Thursday, CMG, today majority-owned by Apollo Global Management, revealed just who will be assuming Hendrich's former duties.

How has Rochester, Minn.'s top-rated radio station, locally owned and operated, managed to stay largely live and local and keep advertising buys flowing some 11 1/2 months into the COVID-19 pandemic? Station OM and morning co-host Lou Kastler shares the details in this fresh InFOCUS Podcast, presented by DOT.FM. LISTEN HERE

As part of the partnership, Entercom will manage the Baltimore Orioles Radio Network – comprised of more than 40 stations across the mid-Atlantic region.

She joined iHeartMedia in October 2019 as SVP of Multicultural Sales. Now, this former Google U.S. Multicultural Sales Lead, with experience at Hulu following a nearly eight-year run in sales at NBCUniversal Telemundo Enterprises, is iHeart's D&I leader.

Established in 2002, the MIW’s heritage annual mentoring initiative connects mentees with accomplished women recognized as leaders, mentors, and game-changers within all aspects of radio broadcasting. vCreative, the nation’s leading provider of media workflow solutions, is sponsoring the 2021 Mildred Carter Mentoring Program for the second consecutive year.

“In a year marked by disruption of every kind, New York Festivals is implementing additional categories for social justice across all genres,” said Rose Anderson, VP & Executive Director of New York Festivals Radio Awards. "These categories spotlight storytellers who are using all of their creativity to engage with their listeners on this critical topic."

The media company superserving African Americans saw its shares rise by nearly 5% in pre-market trading on Tuesday, as word surfaced that exactly 675,480 shares of its common stock were acquired by an investment fund focused on media and technology.

The C-Band, an essential for many broadcast TV and radio stations' programming services, is in the midst of a four-year transition that's moving at full speed. Some are likening this move to the TV repack process. If you're not wholly familiar with the importance of the C-Band, this InFOCUS Podcast, presented by DOT.FM, is just for you! LISTEN HERE

Townsquare Media has announced that it is repurchasing at least 10 million of the 12.5 million shares of Class A and Class B common stock -- and warrants -- held by funds managed by Oaktree Capital Management L.P. The strike price price reflects a 19% discount from Friday's closing price. And, with Tuesday's trading, that discount will be even greater.

On November 9, sports data and iGaming affiliate platform QL Gaming Group officially became a sibling to KROQ and the Radio.com audio streaming platform, as Entercom closed on its all-cash purchase of QLGG. Now, Entercom has launched an audio network that includes broadcast radio and its Radio.com platform expressly for the sports gaming community.