Radio News

Entercom Communications on March 5 signed off on Amendment No. 6 to an October 17, 2016, credit agreement it struck with JPMorgan Chase Bank. Specifically, Entercom is amending the financial covenant set forth in Section 7.09 of the agreement. What will this accomplish?

Legions of former listeners are joining members of the radio industry across the U.S. in remembering the life of the man known as "Kane," as he has died "after a long illness" at the age of 43. "The Kane Show" aired on iHeartMedia-owned "Hot 99.5" in Washington, D.C., and on WFLZ in Tampa, in addition to Premiere Networks affiliates, until its April 2020 cancellation.

You never know where one can find the freshest ideas that can truly spark a radio station, making it vitally important -- and fun -- for its listeners. One successful FM serving Canada's biggest market has one that every AC, Classic Hits or Rhythmic "Old School" station should consider. Now.

In July 2015, a collection of 9 AMs, an FM and an FM translator were sold by what was left of the former Davidson Media Group. The buyer? A licensee controlled by Mark Janbakhsh. He's now in divestment mode, and has signed off on the sale of one of those AMs acquired nearly six years ago.

The powerful artists and publishers’ rights organization that's tangled with the RMLC for five years is taking a page straight out of the Mafia film "Goodfellas" by handing Radio a "pay up, or else" approach to its new licensing agreements set to commence April 1.

We all do it. In fact, our editor is doing it right now. Music, and spoken word content such as a news report, is more than ever being consumed by U.S. consumers over a smartphone. New data from Edison Research only confirms the trend.

One of Jeff Andrulonis' three FMs in South Carolina is being spun. The buyer? It's a Maryland licensee whose behind an Oldies operation heard on an AM and a trio of FM translators due northeast of Baltimore.

With the Supreme Court considering whether to uphold or toss the Third Circuit decision to remand the FCC's media cross-ownership regulations, Bobby Caldwell is stuck in a holding pattern on whether he can restart the publishing of Stuttgart, Ark.'s daily newspaper, which he agreed to buy in September 2019. In the meantime, he's growing his radio holdings.

The Regional President of Entercom Communications' Gainesville, Fla.; Memphis; Miami; and Orlando markets, where she's the Market Manager, is tacking on Market Manager responsibilities for South Florida. At the same time, Entercom is welcoming a new SVP/Market Manager for its six Boston stations.

In the nation's fourth-largest radio market, Camarillo, Calif.-based Salem Media Group owns and operates three AM radio stations -- two of which offer secular programming. Soon, two more AMs will be added to the mix. And, it is a safe bet the stations will retain their religious focus.

Film producer Jonathan Glickman’s Glickmania Media and iHeartMedia have announced a joint venture that will include a two-year podcast co-production deal, focusing on a slate of original music-driven podcasts. Here's more from our co-owned publication, Podcast Business Journal.

It began broadcasting on Christmas Eve 1925. It may be the only radio station audible, after dark, on a radio in locales as diverse as Los Angeles, Orlando and Hartford. In 2021, however, the might of a 50kw Class A clear channel signal on the AM isn't what it used to be. That explains why, starting March 22, a big Entercom AM is gaining an FM translator.

Veteran communications law expert John Wells King is well versed on the Hagatña radio scene. Why? He's the legal counsel for a licensee that's saying goodbye to a silent AM on the Pacific island. The new operator? A broadcast ministry seeking donations for a new transmitter for its station serving nearby Saipan.

The fate of three FMs licensed to Royce International Broadcasting is far from sealed, even though a U.S. District Court judge seemingly made it so. The stations were assigned to a receiver, Larry Patrick. He struck a deal with VCY America, which very much wants to take control of the trio. For Royce owner Ed Stolz, an appeal arrived after spending a day in jail.

Despite a pandemic, 2020 marked the fifth consecutive year of growth for the music industry. To little surprise, paid subscription services continued to be the primary driver of revenue increases and reached a record number of subscriptions. Revenues from recorded music measured at wholesale value grew 8.9%.