Townsquare Shares On The Rise
If there's one broadcast media company stock that deserves a close examination of its 30-day performance, it's likely Townsquare Media. The local media company specializing in radio stations and websites has enjoyed a stock resurgence and is now at its best year-to-date price.
Saga Shares Up On Dividend News
Saga shares may be lightly traded, but until recently they've been one of the more highly valued media company issues. Shares were up 19 cents to $31.14 in Friday's trading on news that the company has again decided to reward investors with a big dividend.
A Tribute To A ‘Legend’ Of An Engineer
Many across America are pausing to remember Charlie Dozier, Director of Engineering for a group of stations owned by one of the nation's top media brokers, Larry Patrick. "He was one of the most professionally dedicated engineers in broadcast history," says featured columnist Ken Benner.
An Online Home For All iHeart Sports
In a move designed to give listeners easy access to its Sports Talk stations and Sports-focused podcasts -- as well as a new advertiser lure -- iHeartMedia has launched an "iHeartRadio Sports" website as a one-stop shop inclusive of nearly 200 live offerings.
Entercom Gets Its Best Wall Street Finish In Five Weeks
Ransomware, be damned. With much of Entercom's computer systems and email back in action on Thursday morning, ETM shares were flying high in average trading on NYSE. With Thursday's closing bell, a 1.6% gain was seen.
Entercom Officially Mum On Digital Platform Disruption
RBR+TVBR has learned from multiple sources that Entercom's radio stations have been experiencing "serious issues" across nearly all of its digital platforms, including e-mail and internal services including program logs. Trouble started Saturday, and problems continued into Tuesday.
How ‘Happi’ Are The Lilly Brothers Over This Radio Buy?
Two decades ago, two brothers came together to purchase the ABC affiliate serving Elmira, N.Y. The deal included an AM/FM combo in the region, but they were shed just one year after obtaining them. In April, this company returned to the radio business. Now, it has another radio station to add to its stable.
Salem Board OKs Cash Distribution
Salem Media Group shares started the month of September at their lowest price since July 2009. That didn't stop the Board of Directors for the owner of Christian-themed and conservative talk-focused radio stations from declaring a cash dividend for the third quarter.
‘RMLC-GMR Interim License Version 6.0’: The Legal Skinny
Commercial radio stations represented by the RMLC, say two Fletcher Heald & Hildreth attorneys, should take note of yet another extension of the interim license allowing those stations to play music in the repertory of GMR while both parties continue to duke out their music licensing differences in court.
Second Chance Given, But Not Taken, As Alabama AM Dies
In June, the licensee of an Alabama AM facing license revocation for unpaid regulatory fees was given a second chance, due to a "premature" action by the Media Bureau which was reversed. Unfortunately, the licensee didn't act, and the station's license has been revoked.
Bressler Says Yes To Leveraged Finance Conference
The President/COO and Chief Financial Officer of the nation's No. 1 owner of AM and FM radio stations -- and, now, a top Podcaster -- will participate at the Deutsche Bank Leveraged Finance Conference. The event is scheduled for September 24.
TEGNA Announces Senior Notes Offering
The media company formerly known as Gannett, which owns four radio stations in addition to 51 TV properties, intends to offer some $900 million of senior notes due 2029 in a private offering "to persons reasonably believed to be 'qualified institutional buyers.'"
TUDN Picks Up Some Former ESPN Deportes Radio Affiliates
The demise of ESPN Deportes Radio has led several stations to add programming from TUDN Radio, the rebranded and retooled service formerly known as Univision Deportes Radio. Among the stations signing on are two owned by Lotus Communications, serving L.A.
A Mile High Farewell To ‘Sky Spy’ Don Martin
Well-known Denver radio personality and traffic reporter Don Martin died this week after a brief illness, local media report. Martin is remembered as a pioneer of live news coverage -- and for surviving a mid-air collision. He worked at such stations as KIMN and KOA.
Voilà … Vacant FM Allotments Reinstated By FCC
Thanks to an Order adopted Thursday and released by the Media Bureau's Audio Division on Friday, the official FM Table of Allotments has been updated "to reinstate certain vacant FM allotments." What does this mean? We've got the details.