A Fiery Friday For iHeart Shares

What a difference a good rumor makes. Both The Wall Street Journal and Marketwatch are reporting that John Malone’s Liberty Media has asked the Justice Department for permission to buy a larger piece of iHeartMedia. That alone ignited iHeart shares on Friday, with more than 1 million shares traded on average volume of 330,140 by Noon ET.

A Minor Change Freeze for FM Auction 106

Need to submit a FM commercial and noncommercial educational (NCE) minor change application with the Commission? You better hurry, because a short blackout period is on the way in connection to the Auction 106 "Form 175" application window.

Nomination Window Narrows For Medallas de Cortez

Don't miss out on making your nomination for the most prestigious and highly coveted symbol of excellence in Hispanic radio — the Medallas de Cortez. Awards will be presented at the 2020 Hispanic Radio Conference, scheduled for March 25-26 in Miami. Click here to vote NOW!

A Kristin Cantrell-Controlled Group Captures A ‘Classic’

A Kentucky-based entity headed by the same person that leads Seven Mountains Media is growing again. This company is grabbing a Class A FM with a signal covering the state capital, and most of the area to the west of Lexington.

Saga Board OKs Strong Q4 Dividend

Historically, Saga Communications has been one of the radio industry's best performers on Wall Street, with positive analyst reviews. Now, the company led by Ed Christian is rewarding investors with another big dividend declaration.

Lurie Elevated to XP Post As Bell Adds Delaware For Beasley

Beasley Media Group is building out the leadership team for its recently created Beasley XP esports division by promoting its Wilmington, Del., VP/Market Manager to the new position of Director of Local Market Integrated Partnerships.

Salem Board OKs A Smaller Quarterly Dividend

It hasn't been easy of late for Salem Media Group and its shareholders. On the bright side, they'll be getting a Q4 dividend. But, it's a lot smaller than the one awarded in Q2 by the media company focused on Christian-themed and conservative talk programming.

Entercom’s $100M ‘Add-On’ Debt Offering Is On

One of the two largest radio broadcasters in the United States said Tuesday that it plans to offer, subject to market conditions and other factors, $100 million in aggregate principal amount of its 6.500% senior secured second-lien notes due 2027. It's not iHeartMedia. 

Your Radio Station … Now With Spot Deletion!

Want to stream your favorite broadcast radio station, but can't stand those long commercial breaks? Here's a mobile app from a firm that just changed its name from Clip Interactive that's guaranteed to get your company's attention — and that of your clients, too.

FM Stations Set To Get Initial Repack Reimbursements

Just in time for the holidays, FM radio station owners that meet the required eligibility criteria and can provide documentation or other evidence to support their certification are now entitled to an initial reimbursement of expenses tied to the broadcast TV "repack" process.

Family Matters: In Support Of Broadcasters

From canned goods and toys to the familiar ring of the Salvation Army kettle bells and a torrent of mailed appeals, one thing is clear: This is the “giving-est” time of the year. For those in radio and television, there’s one charitable organization that hits especially close to home.
Pile of Money

Broadcast Radio’s Big Two Spot Spenders

Take a look at the latest Media Monitors Spot Ten Radio report, and it's obvious that there are two big supporters of broadcast radio when it comes to their advertising plans. One is a venerable auto insurance specialist. Another is perhaps the year's biggest broadcast media client.

Entercom’s $5 Friday: A Four-Month High On Wall Street

Broadcast media executive and avid mountain climber David Field, of Entercom, has something to celebrate: The company's stock is on track to finish at its highest point in four months. Will the momentum continue into 2020?

Irving Azoff’s GMR Scores DOJ Support Against RMLC

In what is being hailed as "a victory for songwriters" by one camp but could be a significant blow to several radio industry groups, the DOJ has asked a federal court to reject the Radio Music License Committee (RMLC)'s "attempts to misconstrue the laws that prohibit its illegal, price-fixing, cartel behavior."

‘What Does Smart Money Think About iHeartMedia?’

That's a question asked Thursday by Insider Monkey, which notes that at the end of the third quarter, some 26 of the hedge funds it tracks held long positions in iHeartMedia stock. Which hedge funds were among the top holders of the stock, and which hedge funds were making big moves?

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