FCC Issues Twin Pay Up, Or Lose License, Orders
Proceedings have started that could see a license revocation involving an FM in North Carolina, as well as an AM in Georgia. The reason? Each of these licensees owe the FCC delinquent regulatory fees, administrative costs, and penalties owed.
Mired In the Muck: BBGI
It's been 51 weeks since the Bordes family sold a big chunk of Beasley Broadcast Group stock, sending investors scurrying and the company's stock on a downturn that has yet to ebb. With Tuesday's Closing Bell, BBGI is traveling back down toward the $3 level.
Lightner Lock Up? ‘Sounds Good’ To This Seller Group
At Wopsononock Lookout, pictured here, is a collection of radio towers serving Altoona, Pa. Among this market's stations are two AMs with FM translators, and two FMs -- one with a booster -- that have just been acquired by an operator with two AMs serving adjacent towns.
How to Master the License Renewal Juggernaut
"Now is the time to gird yourself for the license renewal juggernaut," John Wells King and Erwin Krasnow declare in this freshly written exclusive column that is a must-read. They've prepared a list of "what’s and what-not’s" designed to assist you in your stations' license renewal process.
Winning Bidders Announced For Auction 100
Who are the winning bidders? We now know, as the Office of Economics and Analytics teamed with the Media Bureau in providing detailed information concerning the winners, in addition to down payments, final payments, refunds, FCC Form 349 filing requirements, and other post-auction procedures.
Could July Bring Entercom A Stock Turnaround?
It may be just three days into the third quarter, but Entercom shares are on a roll since Monday morning. At the Opening Bell on July 1, ETM was priced at $5.89. As of 12:45pm Wednesday, they were finally above $6.25 per share -- last seen May 21.
Cox Radio Spins Proceed. Guess Who’s Running The Trust?
On June 26, Cox Media Group‘s radio station portfolio — as well as CoxReps and national advertising business Gamut — were sold to a new entity tied to Apollo Global Management. To make the deal happen, two FMs are being divested. We now know who the trustee is.
Veteran Radio Personality John Walton Dies
At 9am Central, a most unexpected and somber Tweet appeared. With "great shock and sadness," fans and listeners of a popular syndicated radio show were delivered the news of the "untimely and sudden" passing of one of the show's hosts, John Walton.
A Woeful Month For BBGI
Beasley Broadcast Group shares finished the second day of trading of the third quarter with a six-cent dip, to $3.24. It was a step backward for the owner of radio stations that has seen considerable year-to-date weakness on Wall Street -- with most of the downward movement coming in the last 30 days.
Emmis Shares Rocket Ahead On Soo Kim Spin News
At the Closing Bell on Monday, Emmis Communications shares were up nearly 20%, finishing at their highest value in more than four years. That's thanks to the creation of a newly formed company that sees Soo Kim's Standard General take 76% ownership.
Maui Cruiser Adds Ohana In Oahu
Until October 2018, a Kahului-based multimedia company had focused its efforts on serving Maui and the big island of Hawai'i. At that time, expansion to Kaua'i was solidified. Now, Pacific Media Group has entered Oah'u with the addition of four big FM stations.
An Online Move For A Voice Of Liberty
Billed as "Liberty County's Only Daily News Source," a Texas radio station has dutifully served its listeners as a Full Service facility blending "music mixed with things that matter." Now, the FM has been sold. Monday is the final day of operations, ahead of a shift to online-only delivery.
A ‘Significant’ Rise In Digital Political Dollars Dwarfs Radio
For radio industry C-Suiters, the addition of political dollars to their overall revenue in 2020 is something many have been salivating about for the last several quarters. But, is Radio far behind other media? New data from Kantar Media says yes, thanks to digital.
Norsan Makes It a Queen City Quartet
In October 2016, an owner of Spanish-language AMs serving Latino audiences across the Southeast grabbed a third FM signal in Charlotte. Now, Norsan Media is adding a fourth FM signal in the market -- and its a translator tied to an "active" AM.
Behind The Buyer Of WABC-AM In N.Y.
By 11am Eastern Thursday, the radio industry was abuzz with the news that Cumulus Media secured a buyer for WABC-AM in New York -- once America's most-listened-to radio station. But, who is the buyer? If you're a longtime New York resident, you know his grocery chain.