Two More Media Companies To Present at NobleCon17
It's a big deal for attracting institutional investors, and Townsquare Media had previously announced that its CEO, Bill Wilson, would be presenting. Now, two of its audio media industry peers have revealed they, too, will be presenting at NobleCon17.
An Alabama Gospel Station Wins Another FCC Battle
For nearly 20 years, a 50kw Class C2 FM serving Selma, Ala., has served local listeners -- most recently as a Black Gospel-tinged R&B station. In April 2012, however, the station's license was canceled and revoked, only to be reinstated in November of that year. Now, this station has largely escaped another FCC matter of importance.
Larry Patrick To Court: Enough Is Enough With Ed Stolz
Embattled radio station licensee Ed Stolz is allegedly engaging in what court-appointed receiver Larry Patrick's legal counsel calls "willful interference with court orders" that gave Patrick control of three FMs owned by Stolz's Royce International Broadcasting. As such, Patrick's attorneys want the judge overseeing the case to send Stolz to jail until his former stations are sold.
Warrants-to-Shares Exchange Done For iHeart
The biggest licensee of radio stations in the U.S. has completed an exchange of warrants into shares of its Class A or Class B common stock. Here's what this means for iHeartMedia.
KPCC Parent Gets Big Grant To Fund Content For ‘Underserved Audiences’
The Corporation for Public Broadcasting (CPB) has awarded the parent of the primary NPR spoken word station serving the Los Angeles market with a hefty 24-month grant designed to boost the level of content created expressly for younger and "underserved" audiences.
GeoBroadcast Proposed Rule Change Hits Federal Register
It was adopted by the FCC on November 20. Now, it has formally appeared in the Federal Register. The Commission is open to receiving comments associated with its Notice of Proposed Rulemaking to enable FM booster geo-targeting capabilities. Here are the Comment and Reply Comment dates.
Townsquare Media Enjoys A Post-Election Day Stock Burst
From July 13 to November 5, 2020, Townsquare Media shares were largely stagnant, stuck at a COVID-fueled price that was less than half of its February 2020 value. Then came the election of Joe Biden as U.S. President. Since then, TSQ has been on a hot streak.
NAB Files SCOTUS Media Ownership Appeal Reply Brief
The quest to get the nation's highest court to reverse a remand of the FCC's cross-ownership rule rewrite by the Third Circuit Federal Appeals Court in Philadelphia has continued with the submission on January 8 of a reply brief to the Supreme Court by the NAB.
Urban One Ignites A Huge Note Offering For a Debt Swap
Urban One has priced its offering of $825 million in aggregate principal amount of senior secured notes due 2028, which RBR+TVBR first reported on Thursday. It's a private offering — exempt from the registration requirements of the Securities Act of 1933, as amended.
Bill Gittler Sells ‘KC102’ To A Big SLO Operator
Nearly three years after the death of Marianne Gittler, her husband Bill Gittler is selling their Class B FM serving southern Monterey County, Calif.. The buyer has a big group of radio stations in San Luis Obispo.
Twin Cities Radio Veteran Sets April 30 Retirement
After 32 years at the now-Entercom Communications-owned News/Talk station serving the Minneapolis-St. Paul market, the man behind the mic for the Morning News at WCCO-AM is hanging it up. An April 30 retirement date was revealed Friday morning.
The InFOCUS Podcast: Joel Oxley, WTOP
In this exclusive InFOCUS podcast, presented by DOT.FM, WTOP General Manager Joel Oxley shares with RBR+TVBR Editor-in-Chief Adam R Jacobson how the Hubbard Radio all-News station serving Washington, D.C. covered all of the events of Jan. 6 -- including the 4am Eastern certification of the electoral college votes that seals the victory of Joe Biden as the next president of the U.S. LISTEN HERE
With Its Stock Gyrating, Urban One Offers Preliminary Q4 Results
Urban One shares rose by more than 100% on Wednesday. By the Closing Bell on Thursday, UONE had given back nearly 22% of that gain. What's to come could be predicated on Urban One's Q4 results. And, the company released a sneak peek of its fourth-quarter financial report card on Thursday, ahead of the Opening Bell on Wall Street.
Urban One’s Nasdaq Compliance Issue Resolved
On January 4, RBR+TVBR exclusively reported on a matter involving Urban One and the Nasdaq stock market. The company had received notice from Nasdaq that it was no longer in compliance with its trading policies and, with no resolution, could face a delisting. Such an action was unlikely. Now, Urban One has guaranteed that it will not happen.
Townsquare Media Completes Note Offering
Townsquare Media on Wednesday told the SEC that it has successfully completed the previously announced sale of $550 aggregate principal amount of its 6.875% senior secured notes due 2026 at an issue price of 100.0%.