Apollo Captures Cox TV, Takes All Dayton Assets

With a water crisis engulfing the Dayton, Ohio area from Valentine's Day afternoon through Friday morning, the powers that be waited until 1pm to deliver the region perhaps its second-most important story of the day: A majority interest in Cox Media Group is being taken by Apollo Global Management.
PTC / Parents Television Council

Should The FCC Review V-Chip, Content Ratings Rules?

One year on from the Marjorie Stoneman Douglas High School mass shooting in Florida, the Parents Television Council is calling on Ajit Pai to conduct a review of the 1998 Report and Order establishing the V-chip, TV content ratings system, and the Parental Guidelines Oversight Monitoring Board.
Money

Cumulus/EMF Deal Valuation The Talk Of The Industry

One highly regarded broker is praising Cumulus for getting a $103.5 million deal with the operator of the K-LOVE Christian Pop noncommercial network done. At the same time, one industry observer is simply dumbstruck. Meanwhile, FCC documents show the deal has been in the works for weeks.
Pile of Money

Cumulus Spins Nine In Blockbuster Deals With EMF, Entercom

As many radio industry executives gather Wednesday in Nashville for the 50th Country Radio Seminar (CRS), all eyes have suddenly turned to New York -- and the market's Country station. That's because Cumulus is selling WNSH and has a deal in place with Entercom. There's more: Cumulus is spinning six more stations — including two crown jewels in the former ABC Radio — to EMF.

FCC

They’re Here: 2019 EEO Audits From the Media Bureau

Talk about a Valentine's Day card that few may want to have received: Notification of random audits by the Media Bureau for how a radio or TV station enforces the Commission's Equal Employment Opportunity rules were mailed out on Thursday.

Oakland Baseball’s Radio Answer: A Salem Solution

With talk of a move out of the East Bay faded, the team known by many for EVP/Baseball Operations Billy Beane -- portrayed by Brad Pitt in the 2011 film Moneyball -- has found its new flagship radio partner. It's a big AM owned by Salem Media Group -- and a Bonneville property is also involved.

What’s Next For Entercom, Cumulus Staff In N.Y., Indy and Massachusetts?

From Music City USA to the streets of Midtown Manhattan, the radio industry is buzzing about Wednesday's post-Closing Bell announcement that Cumulus is swapping New York's NASH 94.7 and two Bay State stations to Entercom for its Indianapolis cluster. But what about the people? We now know.
Wall Street

Divergent Days On Wall Street For Two Former ‘Debt Bombs’

Wednesday was a strong day on the OTC Pink trading desk for the nation's No. 1 owner of radio stations. Today ... it was an ugly one. Meanwhile, Cumulus Media shares soared 5.8% following yesterday's big announcement that it was paring down assets to lower its leverage while adding three FMs in Indianapolis.

MMTC Cheers FCC’s ‘Positive Step’ For Broadcast EEO

The  President/CEO of the Multicultural  Media,  Telecom  and  Internet  Council  (MMTC) on Thursday commended the FCC for the approval at its February Open Meeting to seek public comment on a plan that ramps up enforcement of the Commission's broadcast employment nondiscrimination rule.

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Highway 64 Paves A Path Through Texas Plains

Where U.S. 87 shifts west from Amarillo is a Texas town made famous some 90 years ago in the song "I'm a Ding Dong Daddy from Dumas." That tune is paid tribute to in a set of a call letters used by an AM/FM combo that's being sold. Also in TRANSACTIONS TODAY: Maine Public Classical adds.

Philip Falcone Grabs A Gotham LPTV

How valuable is an LPTV facility licensed to the city of New York? Call it a bargain-basement acquisition in the nation's No. 1 DMA for the man behind HC2 Station Group, thanks to a deal consummated Jan. 31 and filed Friday with the FCC.

How Is AI Transforming Media’s Financial Ecosystem?

The co-lead in Deloitte Telecom's Media and Technology Cognitive Advantage Consulting Practice and a Deloitte Consulting principal have been tapped to serve as keynote speakers for Media Financial Management Association’s Localism Event In New York.

Could This Next-Gen Video Conference Be For You?

What is being billed as the industry’s largest conference dedicated to the next generation of video distribution is readying its second go-around, in Denver in mid-May. It promises to bring together the leading video executives from around the globe. Learn why The Pay TV Show may matter for you.

Latest Articles


The Male ‘Power Shopper’, Driving Smart Speaker Growth

Men are shopping more frequently in-store and online than women, says a recently released report from First Insight. Among the findings radio industry's C-Suite will appreciate: Male ownership of smart speakers surged, and is a key role in how they shop.

Engaging Multicultural USA in a Fragmented Media World

"Research is not cutting it in terms of addressing which media platforms are most effective for advertisers," declares Horowitz Research SVP Adriana Waterston. That's why she believes it's time for marketers to take a new approach to how it think about advertising effectiveness. Take notes, radio and TV execs.

Page Exits Tribune For FOX Digital Sales Slot

The individual who has served as VP/Digital Sales for Tribune Media since June 2015 and, before that, was VP for Digital Automotive at TEGNA, has joined FOX Television Stations as VP of Digital Sales. 

Starks Sets Staff As O’Rielly Names Ericson’s Sucessor

In October 2018, Brooke Ericson prepared for two major life changes: a wedding and a new job. She exited as Chief of Staff and Media Advisor for Republican FCC Commissioner Mike O'Rielly, and we now know who is succeeding her in O'Rielly's office. We also know who the Chief of Staff is for Geoffrey Starks.

Internet and digital news for the broadcasting industry.

Futuri’s Pot Of Gold, Flowing From Millpond

A Boca Raton, Fla.-based private equity firm focused on investing in lower middle market, growth-oriented business services companies has made an investment in the provider of SaaS technology for audience engagement and sales intelligence to broadcasters and publishers founded by Daniel Anstandig.
StreamGuys

StreamGuys Readies DVR-like Radio Tools For NAB Show

Radio broadcasters will soon be able to give their listeners network DVR-like abilities to rewind, pause, or restart a live stream from the beginning of a program. It is technology that will get a big roll-out at the 2019 NAB Show in Las Vegas from Humboldt County, Calif.-based StreamGuys.

Windstream To Debut App-based TV Service In MOBITV Pact

A provider of advanced network communications and technology tools and a developer of app-based TV video delivery systems, today announced plans to launch an app-based television service that will enable Windstream’s residential customers to access content when and where they want it.