Radio News

Cumulus Media announced following Thursday's Closing Bell on Wall Street that it has completed a discounted prepayment of a portion of its $1.3 billion senior secured term loan facility due May 2022.

With fewer assets from which to generate profits, Emmis saw its total net revenue dip by 25.2% in its fiscal second quarter of 2019, which ended August 31. With the steep dip in operating income and tough comparisons to last year thanks to a big gain on asset sales, Emmis swung to a net loss.

The Q&A session at the end of a company's quarterly earnings call always seems to deliver, with information and insights not found on the generic press release showcasing the topline results or big takeaways. Emmis' fiscal Q2 2019 earnings call proved no different, as Jeff Smulyan shared his thoughts on the 2018 Radio Show in Orlando.

Could the achievements seen by Paul Danitz, Director of Sales at Glades Media Group, be replicated at your group of radio stations? This 20-minute Hispanic Radio Podcast, hosted by RBR+TVBR Editor-in-Chief Adam R Jacobson, could provide strong insight and intelligence leading you to make the plunge into the ROI-filled world of Hispanic radio.

No, we're not talking about Baba O'Reilly or anything regarding legendary rock act The Who. Rather, Republican FCC Commissioner Michael O'Rielly has made it clear that he wants his colleagues to launch the agency's 2018 Quadrennial Review of its media ownership rules. If O'Rielly had his way, this would be done before the end of the year.

Does your group of radio stations make it easy for a potential client, or an everyday listener, to pick up the phone and speak with someone who can attend to a query? If so, it may be a rarity, Editor-in-Chief Adam R Jacobson notes. Consider this an RBR+TVBR Observation worth responding to.

At Forecast 2019, a unique panel of successful radio entrepreneurs, broadcasters who found their niche and then grew their footprint and reach, will tackle the topic, “Why Smaller Can Be Better — and More Profitable.” What are their plans and strategies as they look to 2019 and beyond? The answers will come November 14 in New York.

With its shares under the $5 level since June 2017, Urban One -- formerly Radio One -- is turning to investors and analysts, among others, with a PowerPoint presentation outlining what CEO Alfred Liggins III and CFO Peter Thompson seek for the owner of radio stations, a cable TV network and a popular casino gaming resort in the D.C. area. In short, de-levering and a debt refi are wanted.

The online radio service offering close to 1,000 music channels to what it claims are more than 1.5 million unique listeners per month has signed a multi-year deal with Global's digital audio advertising platform, DAX. It's a blow to SiriusXM.

On New Year's Day 2018, Beasley Broadcast Group shares were riding high at just under $14 — record territory for the company. Beasley's stock was largely above the $10 mark for 6 1/2 months. Then came a steep dip that sent BBGI tumbling into the $6 range. Is the addition of Greater Media stations in key markets including Boston and Detroit indirectly tied to the stock swoon?

Amid charges that the FCC's broadcast incubator program is "destined to fail," and the dissent of Democratic Commissioner Jessica Rosenworcel, the Media Bureau is moving forward with plans to get the program -- intended to encourage investment in broadcast media by minority and women-owned entities -- up and going.

A Class C 1kw AM using 1 tower to cover the 107th-largest radio market in the U.S. has been sold. Here are the details of who is buying this News/Talk station, which also benefits from an FM translator.

Under the leadership of Chuck Bergson, Maui-based Pacific Media Group has successfully served the Valley Isle and the Big Island (Hawai'i) with a collection of AM and FM radio stations and respective online news blogs in competition with locally based daily newspapers. Now, PMG is heading to Kaua'i, giving Larry Fuss some new competition for his brand-new station.

The fourth quarter is here. In less than three months, Wall Street analysts expect Entercom stock to be at or near $11.50 per share. Is that a possibility or a reality? RBR+TVBR reviewed the radio broadcasting company's performance on Wall Street in Q3 and in the first four days of Q4, and it's not that great.

Among the media companies that have struggled of late on Wall Street, Salem Media Group is perhaps one of the more notable operators. On Thursday, the owner of conservative talk and Christian-themed radio stations saw its shares drop to a level that brings its perilously close to a new five-year low.