Radio News

Sheridan Broadcasting Corp. has hired an individual whose chief task involves the development of new digital, video, mobile, and social media content — in addition to  cultivating e-commerce consumer revenue strategies as well as launching new business partnerships.

In what Indiana RadioWatch described as unexpected, radio station owner Blair Trask, known for properties in Kentucky and in the Hoosier State, passed away on Thanksgiving Day at the age of 60.

In early October, RBR+TVBR was first to report the addition of a Class C1 facility serving Clovis, N. Mex., by a swiftly expanding group led by Monte Spearman. It turns out he wasn't done, and he's grabbing more stations from the seller.

A Class B AM serving Fairfield County, Conn., and most of the north shore of Long Island, is being sold along with its presently dark FM translator. The buyer will most likely say farewell to programming presently billed as "The Sound of Peace and Love."

Until recently, a Class A serving the southern half of the Delmarva Peninsula from Maryland's Eastern Shore was a simulcast partner of a Classic Rocker. Now, the programming has shifted to a closer-to-D.C. facility as this station gets traded away.

Monday marked the most active day for deals in several weeks, and among the stations traded is a Class B1 FM radio station that reaches both the Cleveland and Akron-Canton markets. The deal will leave in place the station's non-secular format targeting Christian listeners.

A 250-watt FM translator that's presently off the air is licensed to serve a significant portion of a top 10 market. The facility just sold for a formidable price.

At the end of January, a privately owned radio broadcasting company active across some of Idaho’s biggest markets took on a new name. The change marked the retirement of a couple who had attributable interest in what had been Locally Owned Radio. Now, with operations in Boise and in Twin Falls, Idaho, the company presently known as Iliad Media Group is growing in the Treasure Valley.

The AM band, unlike many other Westernized nations, remains a vital source of programming of various styles for millions of Americans. In Seattle, an operator has just filed a deal with the FCC seeking ownership of a second facility in the market. The deal marks the end of a legacy for a sportscaster and "civic icon" who passed away on June 1, 2011.

A Class A FM and its 1kw Class D daytime-only AM sibling serving a small city along the Allegheny River in Northwest Pennsylvania have just been traded. It's an area of interest to a newly formed radio broadcasting company headed by Tom Langmyer, but he's not the buyer of this combo. Who is?

The latest quarterly NYMRAD State of the Market Report is out, and it includes details on specific business trends and local information from a variety of sources. It's designed to give marketers a complete and accurate snapshot of the New York Tri-State Area and local radio's impact on consumers -- in addition to its "prominent role" in the local advertising landscape.

Many radio industry C-Suiters thought "fair play" wouldn't be an issue in 2018. But, it is -- as was seen in February with the issuance of a charter on that very subject to 4 A's members. What's the best path forward to bring fair and equitable treatment of minority media owners, some 20 years after "No Urban Dictates" came to light at Katz Radio Group? Two university professors with a media buying background discuss research they've conducted on how marketers are undervaluing the multicultural consumer.

Vertical Bridge, the Boca Raton, Fla.-based privately held owner and operator of broadcast towers, has successfully issued $72.2 million of secured tower revenue notes in a private asset-backed securitization transaction.

Tuesday brought mixed trading to Wall Street as the Nasdaq index finished at 7,200.88, just 0.01 points higher than on Veterans Day. The Dow Jones Industrial Average was down 100.69 points, however, to 25,286.49. So was Beasley Media Group stock, which fell below an important threshold and is now at its lowest price in more than two years.

The fall 2018 population rankings from Nielsen Audio are now out, and if there is one thing that is noteworthy about the updated market rankings, it is this: Central Florida is flourishing with population growth.