Radio News

Because of the COVID-19 pandemic, Spanish Broadcasting System (SBS) was prevented from releasing its first quarter 2020 results per its normal schedule. Late Monday, SBS released its financial results through March 31. What's the story for the Hispanic multimedia company? Radio revenue slipped year-over-year as Mega TV revenue grew by 14%

Since Apollo Global Management acquired a majority stake in Cox Media Group, the South Florida FMs the company owns have seen some changes behind the scenes. The latest one involves the cluster's GSM: He's driving eight hours north to Charleston, S.C., for a role with iHeartMedia.

"The next six months will be an interesting time for Radio operators," says BIA CEO Tom Buono. "As we get to the next stage of the pandemic and start to see unemployment numbers drop and businesses re-emerge, Radio is uniquely positioned to benefit from this recovery." With that, BIA on July 14 will host a webinar focused on local radio's recovery.

Did the licensee of a low-power FM radio station serving Greeley, Colo., violate FCC rules by promoting products, services or businesses? That's what the Enforcement Bureau says, as it has issued a Notice of Apparent Liability against a purveyor of Oldies music branded as "Pirate Radio."

If you like acts such as Asleep At The Wheel, Cody Johnson, Owen Temple and the legendary Johnny Cash, then there's a Texas Class C3 FM with a construction permit for 8kw worth your attention. It's branded as "Texas Mix," and until now it has been owned by Roy Henderson. Soon, a new owner will have control of the Lone Star State property.

On March 18, an earthquake shook the greater Salt Lake City area. This crippled the operations of an AM radio station that had been serving regional Mexican audiences as "La Raza" of late. Eight days later, the station was placed in involuntary receivership. Now, a court-administered auction of the station's license is set for July 17.

As of 12:06pm ET Wednesday, legendary WABC-AM in New York, today owned by John Catsimatidis’ Red Apple Media, has significantly increased its presence on the eastern end of Long Island -- just in time for summer getaways from the Five Boroughs. It's thanks to a newly forged LMA with a Class A formerly billed as "Long Island's Real FM."

Mr. Master’s Automation Import Manager (AIM) software will now automate the network audio and compliance process for all Cumulus Media stations nationwide. Here are all of the details, which were freshly released by the Los Angeles-based workflow optimization software maker on Tuesday morning.

The new national bond program provides public broadcasting entities access to taxable and tax-exempt bonds to finance their capital improvement projects through the Colorado Educational and Cultural Facilities Authority (CECFA).

The Alliance for Women in Media Foundation (AWMF) has set a date for a live streaming of its 45th Annual Gracie Awards, in lieu of the originally scheduled May 19 affair at the Beverly Wilshire in Southern California.

For those with a magnifying glass on Urban One's Class A shares, take note: While the heat is certainly coming off of a steamy stock surge, the media company superserving African American customers still has plenty of upside when it comes to its Wall Street performance in the last four weeks.

In May, the FCC gave its blessing to the birth of a brand-new radio station, an AM with 50kw daytime signal licensed to a town in New Mexico. Now, the head of Vanguard Media is acquiring it, but as a solo project. 

Crack open a bottle of Lindemann wine, a bag of Smith's Original Chips and cue up "You're The Voice" by John Farnham. Cumulus Media is now a little bit Australian, thanks to the completion of a conversion of unique stock warrants to common stock in the U.S. audio media company by a Melbourne, Victoria-based financial firm.

It's one of the final analog operations that takes advantage of the channel's transpondence to audio appearing at 87.75 MHz -- making it audible on an FM radio. Thanks to that, "Alaska's Real Country" with 920 watts of power competes with the radio stations in the market. And, this "TV on the radio" operation has just been sold.

On May 21, it appeared that Entercom shares were starting their big comeback from COVID-19 fueled lows that put ETM as low as $0.77 in early April. By June 8, a $2.45 finish was seen for the issue, traded on the NYSE. With Thursday's close, one may begin to wonder if renewed COVID-19 concerns, and their impact on pro sports, are weighing heavily on Entercom.