Radio News

Publicly traded Hispanic-centric multimedia company Spanish Broadcasting System (SBS) has completed its recapitalization effort and has closed its previously announced offering of notes due 2026. But, here's the big news: That Delaware Chancery Court matter regarding its Series B Preferred Stock is over.

On July 28, 2019, a 27-watt low-power FM radio station "proudly returned live morning radio" to a small city some 50 miles to the north of Columbus, Ohio. That tiny voice of Marion, Ohio was ordered by the FCC to cease broadcasting. It now appears that directive is a result of pandemic-related communications flaws.

While the nation's leading radio broadcasting companies have shunned it, TuneIn remains one of the leading live streaming and on-demand audio platforms on a global level. As such, it is ramping up its C-Suite with the appointment of a Chief Technology Officer, a Chief Revenue Officer and Chief Product Officer -- among other changes.

She currently serves as the Chair and Chief Executive Officer of UWG, a multicultural advertising and marketing agency. Now, she's also a member of Entercom's Board of Directors, expanding it to 11 directors.

Many know him for his long tenure at KITS-FM in San Francisco, the Alternative station formerly known as "Live 105" and today called "ALT 105.3." But, few may have realized that he is also the co-founder of one of the nation’s most influential indie music club nights. Now, Aaron Axelsen is leveraging his role in the creation of Popscene by joining FLOOD Media.

In our special Presidents’ Day edition of the RBR+TVBR Daily Headlines E-mail, listeners first learned of a big transition at online music research pioneer TroyResearch. Jonathan Little, the longtime VP of Sales and Client Services, joins us to share more about those changes in this new InFOCUS Podcast, presented by DOT.fm. LISTEN HERE

On January 16, 2018, an Arizona radio broadcaster headed by Jason Zinzilieta and Janice Derks reached a LMA agreement with an entity led by the COO of member-manager Farmworker Educational Radio Network. Now, Zinzilieta and Derks have struck a deal to partially convert the lease to a purchase.

On November 4, Salem Media Group stock sat at 84 cents per share. As 2020 ended, the company's shares finished December 2020 at $1.04. Since then, SALM has been on the rise. Then came February 8. In the last seven days, Salem shares are up by 70% in value.

Bell Media last week received much attention across Canada for a substantial reduction in force at its heritage Anglophone News/Talk AM in Montréal following major shifts at its Windsor operations that reach Detroit listeners. Now, a staff memo from the company's president has emerged, indicating that a cull of Bell's employee roll has ceased. CTV was also impacted.

Stonecom Radio owner Larry Stone came to Tennessee in 1997 to build a new radio station group serving the Upper Cumberland region of Tennessee from the ground up. Now, he's frustrated and has something to say about the state of the industry. In short, Stone laments, "We are a crisis point in radio." Why? He points to syndication company frustrations of late.

In the words of iHeartMedia Markets Group Division President Tony Coles, he's "one of the most respected leaders in St. Louis," with a track record of success and a "reputation for building a winning culture." Now, he's a colleague, as a former longtime Emmis Communications leader in the Gateway City has been selected as Market President for iHeartMedia/St. Louis.

He joined Univision in 2006 as the Local Sales Manager for its Los Angeles media properties, following roles at Clear Channel Communications and its Katz Media Group. Now, he being promoted to SVP/Audio Sales and Client Solutions as part of a retooling of what Univision Communications calls its "Uforia" audio content arm.

In May 2011, EMF agreed to purchase a Class C3 FM licensed to Okeene, Oklahoma. Its ownership of the property was short-lived, as it later saw for-profit FMI Media and non-profit Libertad En Cristo Ministries obtain ownership of this station. Most recently, it was poised to become a Highway 64 Media-owned property. Now, that's not going to happen.

Szabo Associates began life as a media collection services operation in 1971. Why? Was Radio plagued with a collection of deadbeats? That's just one of the questions Robin answers in this latest InFOCUS Podcast, presented by DOT.FM. LISTEN HERE

Starting February 12, a Beasley Media Group FM previously owned by Greater Media will begin what amounts to a year-long fete celebrating its 50 years of serving "Detroit Rock City." The party will reach its crescendo on Sunday, as WRIF-FM 101.1 formally celebrates its life as a Rock station.