Radio News

Investors in Townsquare Media will be pleased with their "decent" return over the last five years. That's the conclusion of financial blog Simply Wall St., which took a deep dive into the radio station ownership group that derives most of its revenue from digital initiatives. 

 Pivotal Research Group CEO and Internet, Media and Communications analyst Jeff Wlodarczak believes higher medium to long-term Average Revenue Per User and subscriber forecasts warrants a street-high price target for Spotify shares that is significantly higher than its current trading range.

Two weeks ago, Evanov Communications said it would cease operations at three of its underperforming FM radio stations due to severe economic conditions it blamed on "the challenges of increased competition, a difficult media climate, and the residual effects of the pandemic.” Now, two of those FMs have found a buyer — but not its FM in the nation's capital, which is slated to sign off the air Friday.

House Energy & Commerce Committee Members on both sides of the aisle, touting the public safety needs for those in a vehicle, overwhelming passed the retooled "AM Radio for Every Vehicle Act," sending it to a full floor vote in the House of Representatives. A quest to stop a mandate "in perpetuity" from a Michigan House Member was thwarted.

The champion of the AM Radio for Every Vehicle Act in the U.S. Senate and the NAB have each issued statements cheering the House Energy & Commerce Committee's 45-2 passage of the latest incarnation of the bill, which sends it up to the House of Representatives floor for a full Member vote.

While Spotify is by no means a social platform, it is looking to better facilitate community and connection between fans and artists. This has resulted in ad revenue that is forecast to exceed $2 billion in 2024, and will only grow over the next three years.

A collection of radio properties comprised of two AMs, three FMs and nine FM translators located in the nation's 49th state are being sold from one Peninsula to another Peninsula, a FCC filing awaiting regulatory approval shows. How much will David Becker earn from the sale of these stations to a group led by Michael Dukes?

There's a new leader for the iHeartMedia radio stations serving the state capital of Texas, and the market to the southwest that's home to the Alamo and the Spurs. Concurrently, the company's Dallas-Fort Worth stations has promoted from within when selecting its new SVP of Sales.

Saga Communications has elevated its longtime Chief Financial Officer and Treasurer to an EVP while also promoting its Senior VP of Operations to the COO role. The news comes ahead of a September 25 ex-dividend date for Saga shares, which are trading at a five-year low going into Tuesday's Opening Bell on the Nasdaq.

Two vital broadcasting industry organizations are inviting media companies and professionals from across the radio and television landscape to make a lasting impact by participating in an inaugural Fantasy Gifts & Experiences for Good Auction, which kicks off November 13 at Forecast 2025 in New York.

In recent years this FM has been a Top 40 station devoting its coverage to Northeast Kansas from the home of the University of Kansas, in Lawrence. Now, a change is in the works for KKSW-FM, as a new owner will take possession of the station pending regulatory approval.

Pending FCC approval, an AM/FM combo serving South Lake Tahoe, California will be heading to a new owner. This will officially conclude the tenure as licensee of D&H Broadcasting LLC, which in May voluntarily filed for Chapter 11 bankruptcy protection.

A Class B AM with 4 towers serving Wisconsin's biggest market with a Smooth Jazz format has been sold, along with its FM translator covering the city. Who's the buyer, and will they keep the current programming once this transaction brokered by Greg Guy of Tideline Partners LLC and Griffin Media Partners closes?

An AM radio station with a companion FM translator serving a city in Western Tennessee is being sold by Hunt Communications, a FCC filing made late Friday shows. Who is the buyer?

The Chris Devine-founded GeoBroadcast Solutions has formed a "national advisory board" that will play "a crucial role in advising GBS leadership on innovations and market technologies that help radio broadcasters better serve their local communities, grow revenue and expand the sustainability of audio."