Radio News

Three AM radio stations and an FM translator associated with one of those properties are now officially owned by iHeartMedia. A Notification of Consummation was posted Monday by the FCC on its LMS.

The lone African-American controlled RADAR rated radio network company in the U.S. is continuing its participation in the ratings service, thanks to a new agreement.

Radio audiences are growing, and they’re as engaged as ever. But, they’re also listening in new ways. Audio streaming services like Spotify and Pandora had already sparked a shift toward digital and on-demand audio. Yet as more tune in using smart speakers or mobile devices, digital platforms are becoming increasingly important for broadcasters.

Beasley expects to use the net proceeds of this offering to repay in full existing indebtedness under the company’s senior secured credit facilities and certain other indebtedness, with remaining proceeds to be added to the Issuer’s balance sheet and used for general corporate purposes.

In March 2018, four stations divested by Cumulus Media in order to emerge from Chapter 11 were placed in a trust headed by Elliot Evers, of MVP Capital in San Francisco. One property was removed from the group, as Cumulus turned in the license for another facility in the impacted market. In 2019, two of the stations were sold. Now, the last one is being dealt.

New research from Triton Digital shows that smart speaker growth with respect to AM/FM radio station streaming consumption is growing at a healthy clip. At the same time, the smartphone remains flat. Still, mobile consumption remains higher than that of a smart speaker — for now.

He became a renowned radio industry figure for serving as Station Manager at one of America's most-listened-to Top 40 stations of the 1970s. Now, media executives across the U.S. are paying tribute to this Windy City legend, who has died of pancreatic cancer.

As 2021 began, the FCC formally objected to a Petition for Reconsideration of the elimination of a radio duplication rule for AM and FM stations. The petition was filed by three groups, who last week submitted a joint "final consolidated reply" -- as did a fourth group that's been a NAB antagonist.

As of today, Northern California Public Media has used a 120-watt signal to reach such Mendocino County towns as Healdsburg, Cloverdale and Windsor. To bring its programming to listeners in Santa Rosa, a 16-watt translator at 90.9 MHz was brought into the mix. Soon, everyone north of San Francisco will be able to hear NoCal's programming.

It's been a challenging year for radio industry pure-play Saga Communications. But, after a late October 2019 dip of its stock to nearly $17 a share, this audio-focused company appears to be in recovery mode. How it performed in the final three months of 2020 will be made known on the second Friday in March.

When Marci Ryvicker was Managing Director of Wells Fargo Securities, a role she had for 16 years before exiting in August 2018, she was a champion of Entercom Communications. Some 2 1/2 years later, her successor at Wells Fargo is equally enamored with the audio media company, as he's just given its stock an important vote of confidence.

A wholly owned subsidiary of Beasley Media Group said Tuesday that it intends to offer millions of dollars in aggregate principal amount of senior secured notes, subject to market and other conditions. Why? It is a "new debt for old debt" move from the Southwest Florida-based media company.

For a generation of Puerto Ricans, "Alfa Rock 106" was the home for rock and roll music. Times change, and just after midnight on March 3, 2018, WCAD-FM concluded its broadcast era. Just before Christmas 2018, the station was reborn, later taking new call letters that better reflect its current programming. Now, it's installed a listener-funded Dielectric DCR-M. 

The first radio app to be compatible with one of the world's more popular brands of smart watches has been released for international consumption. But, radio broadcasters in the U.S. shouldn't get too excited about it. The smart watch manufacturer has been branded by Washington Republicans as an agent of the People's Republic of China.