Radio News

A Local Management Agreement has been signed that sees La Mega Media Inc. and Lazo Media LLC "taking a significant step to expand Spanish-language programming across its Ohio markets and into Indianapolis." How so? Urban One is taking the "La Mega" brand and its programming to stations in Cleveland, Cincinnati, and Columbus, Ohio, as well as Indiana's largest market.

From September 1998 through June 2017, it was a Top 40 station branded as "Mix 96.1." For the last 7 1/2 years, the FM has taken the "96.1 NOW" branding. Now, iHeartMedia has brought the "Mix" name back, but has adopted a presentation championed by its WLVE-FM in Miami.

The nation's top producer of audio content for podcasting and its 800+ broadcast radio stations releases its Q3 2024 earnings on Thursday morning, and the forecast is for a good fiscal check-up from CEO Bob Pittman and COO/CFO Rich Bressler. This led Zacks Equity Research to ask if now is a good time to buy "IHRT." Investors listened.

With Sirius XM Holdings shares going ex-dividend on November 5 and its value off by one-third since the start of 2024, some investors seem convinced that now is the time to buy — even as the audio content creator and distributor reported Q3 earnings on Thursday that saw its per-share income impacted by a non-cash impairment charge.

An Idaho-based non-profit offering a unique Christian-themed Country music format on a handful of stations across the U.S. is agreeing to sell a 100kw Class C1 facility in Montana. Who's the buyer? It is a Salt Lake City radio personality-turned-public radio station operator who has already taken the FM in an Adult Alternative direction.

Fifteen years ago, Steven Fuchs signed off on a Time Brokerage Agreement allowing Fox Radio Network to control a 25kw Class C3 FM serving a Missouri city along the Black River, in the southeastern corner of the Show-Me State. Now, he is converting that long-term lease into an outright purchase.

In March 2023, a 250-watt translator with a formidable signal across the Denver-Boulder market dropped its all-Comedy format by adopting a gold-based Country presentation under the "Front Range Country" brand. Now, the Audacy Inc. audio service is being put in the hands of artificial intelligence, powered by Super Hi-Fi.

A 1kw Class C AM serving the Lancaster-Palmdale, Calif., area to the north of Los Angeles is being acquired by a local operator from a Nevada LLC associated with the owner of stations along California's Central Coast.

The publicly traded company that controls Estrella Media's radio and TV properties and is the owner of WQHT "Hot 97" and WBLS in New York has a new Chief Operating Officer as Albert Rodriguez has assumed interim Chief Executive Officer duties, a SEC filing reveals.

From July to September 2024, listeners spent 67% of their daily time with ad-supported audio with radio, 18% with podcasts, 11% with streaming audio services and 3% with satellite radio. That's a key takeaway from the latest Edison Research Share of Ear report card presented in partnership with Nielsen.

The Chairwoman of the FCC has confirmed that the five vote-makers on the Commission will decide at the November Open Meeting if program origination for FM booster stations — the lynchpin for GeoBroadcast Services' "ZoneCasting" technology — is permissible beyond an experimental basis. The NAB and many broadcast station owner groups are against it.

One of the most recognizable multimedia personalities associated with Estrella Media, today controlled by publicly traded WQHT and WBLS owner MediaCo., will now see his radio program enjoy ad representation by a company some may consider a rival.

The global radio advertising market grew at a compound annual growth rate of just 0.87% since 2018. However, a new Research and Markets study suggests the market is expected to grow at a rate of 2.66% between 2023 and 2028. Slightly slower, but still formidable, growth is expected for the following five years.

As of January 5, 2025, Eddie Harrell Jr. and Deon Levingston will step into roles as co-presidents of Urban One’s Audio Division. The company led by Alfred Liggins III confirmed the moves on Tuesday morning. They will come following the retirement of David Kantor, which was first reported in July.

Cumulus Media has renewed and expanded its agreement with TuneIn, allowing it to distribute and monetize the audio content creation and distribution company's radio station audio streams.