Radio News

The "first network dedicated to sports gambling information" has just announced its first terrestrial radio partnership. It's with a Class A AM radio station easily heard in seven states owned by a company with a big thirst for sports: Entercom.

On Oct. 16, 2017, the future of Townsquare Media's leadership was established with the transition of founder/CEO Steven Price to the role of Executive Chairman of the Board and the naming of two co-CEOs. One of those co-CEOs just got a healthy bump in his base salary and is making far more than he did in 2015.

Cumulus Media this week saw a U.S. Bankruptcy Court confirm its Plan of Reorganization, setting the stage for an emergence from Chapter 11 bankruptcy protection. In Wisconsin, the owner of four FMs and an AM talk radio station believes it is very close to ending its own bankruptcy proceedings.

Isaac Mizrahi, co-president and COO of Miami-based multicultural advertising agency Alma, discusses the important role both Spanish-language radio and English-language radio targeted to Hispanics have for the marketers and advertisers he works with on a daily basis in the latest Hispanic Radio Podcast.

The media company focused on African American consumers just sold a Gospel station in Detroit. Could other Gospel stations in its stable, in particular WPRS-FM 104.1 in Washington, D.C., be on the market? RBR+TVBR exclusively got the answer from Alfred Liggins III.

An FM translator tied to an AM station in a market Entercom recently entered can now be transferred to the company by iHeartMedia. The six-month holdup is tied to a major relocation for this 250-watt facility, which finally got the Commission's approval.

In an announcement released late Tuesday (5/1), Urban One revealed that it has signed a definitive agreement to sell the assets of its 50kw Class B WPZR-FM 102.7 in Detroit to Educational Media Foundation for $12.7 million. But, this does not mean the end to the Gospel format on the station, branded as "Praise 102.7." 

AM and FM station owners are giddy over the opportunities that smart speakers bring for increased listening in the home. Now, data from Edison Research's just-released "The Infinite Dial: Heavy Radio Listeners" finds that one in five of broadcast radio's biggest users already own such a device.

Urban One will hold its 2018 annual shareholders meeting on Tuesday, June 19, at its Silver Spring, Md., headquarters, and among the key agenda items is an advisory vote on executive compensation. But, there's also "an advisory vote on the frequency of votes on executive compensation." We've got the details here.

The NAB is now accepting officially submitted suggestions for the 2018 NAB Marconi Radio Awards. If you'd like to nominate a station or on-air personality in recognition of their overall excellence and performance in radio, your time is limited. 

Interested to know more about Nielsen Audio's contractual arrangements with the nation's No. 1 radio broadcasting company, which seeks the OK of its Chapter 11 reorganization plan in a Texas federal bankruptcy court? That's not going to happen, thanks to an order approved by the court on Monday.

Northwest of Huntsville, Ala., and southwest of Nashville is a town on the banks of Shoal Creek known for its ties to Davy Crockett. It's home to a Class A radio station that is poised to become the newest member of a "positive and encouraging" network of noncomms.

In 1968, a historically black college became the first to obtain the license for an FM radio station. Since then, the station gained a following with its blend of jazz, blues, funk and reggae music. Now, in a cue taken from other universities, the station has been sold. Who's the buyer?

In July 2014, Univision Radio made waves across La Gran Manzana by dropping the Luis Jimenez Show from its WXNY-FM "X96.3" in New York. Jimenez's show had been syndicated by Univision Radio, a move that transpired after his highly publicized exit from Spanish Broadcasting System. He had been on X96.3 since its 2009 debut. On March 13, 2017, Jimenez returned to WXNY. That arrangement abruptly ended 11 days ago. On Monday, X96.3 is moving forward with its former midday host in wakeups — and a big new 10am-3pm offering.

Salem Media Group, the Camarillo, Calif.-based media company known for its Christian-themed and conservative talk radio stations, will release its Q1 2018 results after the Closing Bell on Wall Street on Tuesday, May 8. It remains to be seen just where Salem's stock will be on that date. With Friday's close, Salem shares are at another five-year low.