Radio News

Urban One, Inc. held its 2024 Annual Meeting of Stockholders on October 1, setting the direction in the coming year for leadership, financial matters, and executive compensation of the local and network radio and cable TV operator.

Presidential candidates are not alone in utilizing radio’s reach to multicultural audiences. As the Harris-Walz campaign invests $3 million to target Latino voters in swing states like Arizona, Nevada, Pennsylvania, and Wisconsin, the NAACP is the latest organization to turn to radio ads in the march to election day.

It's been a busy end of summer for SiriusXM. Between the company's restructuring with Liberty Media, the resulting reverse stock split, and announcing a new free, commercial-driven in-car tier to boost subscriber numbers, there will be a lot for CEO Jennifer Witz to discuss during the company's Q3 2024 earnings call - which now has a date.

The sale of Neuhoff Media's final seven stations, located in the Illinois cities of Springfield and Bloomington, in a transaction brokered by Kalil & Co. and Tideline Partners has closed.

The first media company dedicated to providing news, analysis, and proprietary data to sports bettors has signed a "strategic partnership" with sports and entertainment marketing firm Interstate 15 — an agreement designed to allow VSiN to further grow.

Broadcast radio station owner Beasley Media Group has extended three key elements tied to an exchange offer and tender offer it previously announced. The move comes with 7% of the outstanding Existing Notes not yet submitted for tender or exchange — with the first set of deadlines and dates arriving yesterday.

Don't call it a merger, but instead a strategic partnership. Longtime radio syndication company United Stations Radio Networks (USRN), founded by the late Dick Clark, and Key Networks, are uniting their sales forces.

“We are pleased to have successfully achieved all of our restructuring goals, emerging with an outstanding balance sheet, delivering industry-leading growth, serving our listeners and advertisers with excellence and honoring our commitments to employees and partners,” said David Field, who will continue as President/CEO of Audacy Inc. as it goes private.

While the release of the Commission's Memorandum Opinion and Order came early Monday, it was adopted in a divisive 3-2 vote on September 18, with Republicans Brendan Carr and Nate Simington vociferously disapproving the deal over Soros' ties to liberal and Democratic causes.

"While we do not take a position on the merits of this or any particular broadcast transaction, it is essential that the FCC’s regulatory processes are fair and predictable so that broadcasters can innovate and invest in their stations to the benefit of communities across the country," NAB head Curtis LeGeyt said.

The licenses for an AM radio station with an FM translator serving Oregon's state capital were transferred between family members — twice — without FCC authorization. That's yielded a proposed fine.

Matthew Wesolowski is known across the industry as the General Manager of SSR Communications in Flora, Miss., who had been a key advocate of a “Class C4” FM radio facility. Now, Wesolowski is in the news as the Audio Division has ordered his company to show why it can't move a Utah FM to a new frequency and a Nevada address.

Blame political ad displacement for a 2024 dip in Automotive advertising for Radio, says BIA’s Rick Ducey. Next year will see the dollars from the industry, he predicts.

The FCC has granted a transfer of control application that will finalize a transaction that's all but rare in today's environment: an institution of higher learning is buying, not selling, a facility for its student-run FM radio station.

The broadcast ministry led by the Wildmon family for decades is expanding with the acquisition of two FM radio stations in Alabama, one of which is on the commercial FM band.