Beasley Shares Slip On Net Loss Swing

It's no secret that there has been a lot of nail biting in anticipation of what will likely be a less-than-stellar round of quarterly earnings releases to start the 2018 calendar year. If Beasley Broadcast Group's Q1 results portend much of the industry's revenue tales, buckle up: We'll be experiencing some turbulence.

Vox Locks In A Fifth In Vermont’s Top Market

For a decade, Bruce Danzinger has acquired, developed, and managed radio stations in a host of medium-sized markets across the eastern U.S. On April 24, Danzinger struck a deal to land the latest radio station for his Vox Media Companies. The paperwork was filed with the FCC on Friday.

Puerto Rico Broadcasters Mourn Loss Of Billy Fourquet

For veterans of Hispanic broadcast media with ties to Puerto Rico, the name Billy Fourquet is synonymous with radio stations today owned by Spanish Broadcasting System. Fourquet is considered a bastion of radio in Puerto Rico, as a host and programmer. On Thursday afternoon, he lost his battle with an aggressive liver cancer. He was 57.

Translator Transfer OK To Benefit A Big Religious Noncomm

The U.S. Bankruptcy Judge who presides over Utah has signed an order approving the sale of a dormant translator that had been tied to a CBS Sports Radio affiliate. Now, the translator will be used to bring a big Christian Contemporary Music noncomm to one of Wyoming's biggest cities.

Analyst Bump Propels Pandora Despite Mixed Q1 Finish

Is Pandora a good stock to own, even with a slightly wider net loss and a dip in total listener hours seen in Q1 2018 by the streaming audio innovator? One Wall Street analysts says yes. Investors immediately reacted, sending the company's shares rocketing ahead on Friday.

Vegas’ Stats, Chicago’s Score

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.
Townsquare Media CEO Bill Wilson

Jeepers, Mr. Wilson: Townsquare’s New $1M Man

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.

Goodbye, Bankruptcy? This AM/FM Owner Seeks Reboot Nod

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.

Hispanic Radio Podcast: What Advertisers Think Of AM & FM

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.
Alfred Liggins III, President/CEO, Urban One

Could Urban One ‘Praise’ Other Buyers?

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.

Entercom Moves Forward With iHeart Translator Take

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.

‘Praise Be’: Radio One FM Motors Over To EMF

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." 

Heavy Radio Listeners: The Big Smart Speaker User

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.
Alfred Liggins III, President/CEO, Urban One

Urban Advisory: What Should They Earn?

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.

Nomination Window Opens For Marconis

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.