Saga Communications isn't really known as an "Outlaw" broadcaster. But in one city — a politically important one in any presidential election season — it is the owner and operator of an "Outlaw." Here, it is getting a second translator for that Country offering, thanks to a "Basic" deal.
The local commercial broadcast television and radio industry generates $1.17 trillion of GDP and 2.47 million jobs through direct and stimulative effect on the American economy, according to new data compiled by Woods & Poole Economics with support from BIA Advisory Services.
In June, Cumulus Media sold $500 million in senior secured first-lien notes due 2026. Net proceeds of the offering were used to partially repay Cumulus’ indebtedness under its senior secured term loan facility. Now, Cumulus is at it again, with a new term loan in the works.
The integration, Pittsburgh-based Matrix says, provides "enhanced connectivity" between Matrix’s media-focused Monarch ad sales platform and vCreative’s software, enabling users to seamlessly extend their workflow capabilities.
For the TV industry, Upfront season begins a month before Summer. For radio industry player Skyview Networks, it is set to come right after the start of autumn. An October 3 event in New York promises potential advertisers a content preview, celebs, and a private concert.
With its stock price hovering at close to $2 after a late-August fall to below $1.50, Salem Media Group has been struggling to recover from not only a fresh five-year low but its lowest closing prices in a decade. Now, the company is shrinking its board to reduce costs.
Gen Media Partners-owned Sun Broadcast Group is celebrating the eighth birthday of Sun Latino with "a fresh new look." That includes a fresh "playera" and a soccer ball, perhaps. Why? Sun is diving in to the scrum to help fill the void left by the end of ESPN Deportes Radio.
As streaming music services continue their ascendance, attracting increasing levels of consumer spend, and the automotive industry explores the car connectivity road map, traditional broadcast radio is coming under serious threat. That’s according to a new automotive audio report from Futuresource Consulting.
For more than a year, Univision Communications' radio assets have been the subject of some pretty wild rumors. New gossip has emerged that suggests the company is looking at selling all or some of its stations, with Meruelo Media supposedly kicking the tires. Univision says no.
The fate of four AM stations serving St. Louis were placed in question in June 2019, when a Hearing Designation Order was issued by the FCC to the licensee of these stations. On Sept. 11, the need for a hearing was erased: The stations' owner has declared Chapter 7 bankruptcy.
Roger Wahl is the 100% owner of a Class A FM in a small Western Pennsylvania town. Wahl, a.k.a. "The Commander," became a town celebrity by offering local news headlines and school lunch menus to listeners. Now, Wahl is in big trouble, and it could impact his ownership of WQZS-FM.
If there's one broadcast media company stock that deserves a close examination of its 30-day performance, it's likely Townsquare Media. The local media company specializing in radio stations and websites has enjoyed a stock resurgence and is now at its best year-to-date price.
Saga shares may be lightly traded, but until recently they've been one of the more highly valued media company issues. Shares were up 19 cents to $31.14 in Friday's trading on news that the company has again decided to reward investors with a big dividend.
Many across America are pausing to remember Charlie Dozier, Director of Engineering for a group of stations owned by one of the nation's top media brokers, Larry Patrick. "He was one of the most professionally dedicated engineers in broadcast history," says featured columnist Ken Benner.
In a move designed to give listeners easy access to its Sports Talk stations and Sports-focused podcasts -- as well as a new advertiser lure -- iHeartMedia has launched an "iHeartRadio Sports" website as a one-stop shop inclusive of nearly 200 live offerings.