Super Hi-Fi, Xperi Corp. and Cumulus Team For HD Multicasts
A six-year-old company offering "a complete and robust radio management platform powered by advanced AI" has teamed up with the parent company of HD Radio and DTS AutoStage and station ownership group Cumulus Media for the launch of two new HD Radio digital multicast brands.
Impairment Charge, Plus Lower Revenue, For Cumulus
The final three months of 2023 were challenging for Cumulus Media, as net revenue declined by some $30 million. A $65 million-plus non-cash impairment charge on its station licenses was also seen. But, is there more to the story, even as Cumulus saw its net loss significantly widen?
Simulated ‘Listener’ Audio? It’s Here For Radio
Can AI advancements in audio effectively address the challenges that radio stations increasingly face in collecting listener audio from the public? Benztown, the company that's home to President and co-founder Dave "Chachi" Denes led by CEO Andreas Sannemann thinks so.
Federal Court Remands N.Y. AG Fight Against Sirius XM
One month ago, "People Of The State Of New York, By Letitia James v. Sirius XM Radio Inc." was removed from New York State Supreme Court and assigned to the U.S. District Court serving New York’s Southern District. It is now known that the case won't proceed on the federal level.
Former Radio Station Owner Dan Lerner Dies
Radio station owner Daniel Lerner, who gained notice for developing what is today the Adult Contemporary music format at an FM in Boston, has died. Lerner, who co-owned that station and later owned an FM in Philadelphia, was 91 years of age.
Baltimore’s Two Big Noncomms Unite Under A Single Brand
It's a rebranding process that began in January 2023, which included hiring local artist and composer Wendel Patrick to create a sonic identity. Now, under the branding of "Community Amplified," the back offices of WYPR and WTMD have united to create Baltimore Public Media.
Probate OK Puts Shares To Heirs For Ga. Radio Licensee
On October 1, 2021, Randall "Randy" Lynn Davis died at the age of 74. Davis owned WLAQ-AM 1410 and FM translator W245DG in Rome, Ga., and his will has been probated. Now, with the FCC's blessing, Davis' heirs will receive a portion of stock in WLAQ's parent company.
DLC Media Concludes Its Station Ownership Run
Retirement has led the President of a privately owned Midwestern radio broadcasting company to sell his six stations. And, he's found two respective buyers for his holdings, located in small non-rated markets in Indiana and Illinois.
Monte and Doris Miller Hit With FCC EEO Fine
With the court-ordered sale of their remaining stations on track, Rocking M Media's owners have a new headache to contend with. This one comes courtesy of the FCC's Enforcement Bureau and centers on Equal Employment Opportunity (EEO) rule violations.
Starks Defends FCC Return Of Key EEO Data Form Use
Democratic Commissioner Geoffrey Starks believes the FCC's 3-2 party-line vote that brings back race and gender data collection for radio and TV stations is simply a reinstatement of "a longstanding, statutorily-mandated requirement to collect workforce diversity data from broadcasters."
Twenty Years Later, FCC Acts On State Associations Petition On EEO
In 2004, state broadcaster associations filed a petition seeking reconsideration of a Report and Order and Fourth NPRM regarding EEO data collection by the Commission. On February 7, 2024, the FCC decided to act on that petition, granting it in part while also deferring in part.
Cumulus Shareholder ‘Rights Plan’ Adopted By Board
Cumulus Media's Board of Directors has adopted a limited-duration shareholder rights plan that it says is designed "to protect the best interests of all Cumulus Media shareholders." The Rights Plan is effective immediately and will expire on February 20, 2025.
Vendors Form Alliance to Aid Radio Stations
As Radio Consulting Services owner and consultant Jon Holiday sees it, the Radio Vendor Alliance will serve "as a trusted advisory for radio station owners and managers looking for high value service and software partners."
Smee Steps Down From Key Audacy News Role
He joined Audacy Inc. in August 2020 to establish the strategy and oversee all of the news content and operations for the company's 25 local News stations. Now, he's taken to social media to announce that he's moving "into a new professional chapter."
FCC Approval Awaits As Audacy Bankruptcy Plan Gets Court OK
With the plan approved by a Houston bankruptcy judge late Tuesday, Audacy Inc. expects to emerge from the Chapter 11 process after the company obtains approval from the FCC. This will likely be a formality, setting the stage for George Soros to become a lead investor.