A Punjabi Purchase In The Works For KLOK

From the autumn of 2010 through early 2017,  a company led by Charlie Banta and Sandra Miller owned a San Francisco Bay Area AM that had once been one of the biggest regional Mexican players in the region. It was sold for $6 million. Now, the company that made that deal is spinning the AM for less than half of that price. For Punjabi American Media, it further grows its radio network in the Golden State.

Skyview Says Yes To A Devil Of A Deal

On October 5, the NHL's New Jersey Devils became the latest team to go all-streaming with its audio play-by-play of its games. Now, the team has expanded its partnership with Skyview Networks to include production services. This will be done in conjunction with the Devils’ use of Skyview’s AdView Inventory Management software and Live Read Capture.

CRTC Questions Corus Over ‘QR Calgary’ Move

While simulcasts of full-power AM News/Talk stations on full-power FM stations are commonplace in the U.S., it's not in Canada. And, the nation's equivalent of the FCC hasn't taken too kindly to the plan from owner Corus Entertainment to abandon Q107 in favor of a "QR" simulcast in Calgary.

Medallas De Cortez Nominations End Friday!

Here's your chance to honor the radio industry executive, air personality or AM or FM station serving U.S. Hispanics in ways no others do. Make your nominations now for the 2019 Medallas de Cortez awards — the symbol of excellence in Hispanic radio. The window closes Friday!
Saga Communications President/CEO Chris Forgy

Saga OKs Quarterly Dividend

In June 2021, Saga restored its quarterly dividend, suspended one year earlier in response to the COVID-19 pandemic. Since then, cash payouts of $0.16, and $0.20, per share were declared. Now, the Saga board has declared a quarterly cash dividend that is even richer for shareholders.
Your Fired

‘Big Money’ Success, Yet Year-End Layoffs

Something doesn't add up for one longtime radio industry observer and former big-market OM: If one growing operator of AM and FM stations is making "big money" running less spots, then why is it cutting 11 jobs? It's a good question to ask as Hiring and Firing Season is upon us.
Toni Coonce

Meet The New WideOrbit CRO

It's known across the broadcast media industry for its inventory and revenue workflow management software. Now, San Francisco-based WideOrbit hopes to attract attention with the promotion of a 17-year veteran who retains her EVP/Sales role while assuming the title of Chief Revenue Officer.
Shopping / Christmas / Holiday

Macy’s Powers Up Radio Spots To Secure Sales

Everyone loves a feel-good story about the power of radio, right? Well, two big chain store retailers seem to love spot radio right now, based on the activity seen in the latest Media Monitors Spot Ten Radio report.

Sima Birach Sells Licenses To AM Destroyed In Fire

On the morning of August 18, 2022, fire swept through the offices and studios of an AM radio station licensed for 500 watts of daytime power. It was a blazed deemed accidental, and due to failed electrical wiring in the structure's attic. Now, the license to the station, which has yet to return to the air, has been sold.

Hispanic Radio Podcast: How To Capitalize On Tech’s Hot Hits

Media consumption trends show U.S. Hispanics are first adopters when it comes to hot new tech. How can broadcasters that wish to target these consumers best invest in the tech tools and advancements that will help leverage their brands, and extend them in ways that will ensure continued relevancy in the years ahead? That's the topic of conversation in this fresh Hispanic Radio Podcast.
CUMULUS MEDIA Stacked

April Sours: Cumulus Stock Seeks a Needed Recovery

With Friday's trading on the Nasdaq market concluded, Cumulus Media shares were off 7.6% from Thursday, dipping to $3.88. While that's slightly better than where shares were 2 1/2 weeks ago for the audio content creation and distribution company, analysts paint a bearish mid-term and long-term picture for Cumulus.

Meet iHeartMedia’s Newest COO

A 20-year top programming executive at the nation's No. 1 owner of radio stations just got promoted. Here's who is now reporting to Tom Poleman and is charged with format management, talent development, research and marketing at iHeartMedia.

Court-Appointed Trustee Seeks LMA OK For Ex-Stolz Stations

He operates two Albuquerque-area radio stations through an agreement with their owner, Vanguard Media. Now, he's seeking a similar arrangement with the latest court-appointed trustee to assume control of the radio stations formerly licensed to Ed Stolz and his Royce International Broadcasting.
Francisco Montero

Radio’s Reg Challenges, Up Close At Hispanic Radio Conference

Radio station owners and cluster GMs often find themselves navigating a host of never-ending regulatory challenges and legislative changes. One of the most anticipated sessions at the Hispanic Radio Conference every year is the legal and regulatory session. Returning as moderator is Frank Montero.
Raul Alarcon

Fewer Events Leads To Wider Net Loss In Q1 For SBS

Like many of its peers in the media industry, SBS reported first quarter 2023 earnings that reflect a decrease in net revenue. But, the year-over-year comps are tough for SBS. Not only are their fewer political dollars, but there is also the expense incurred with the addition of radio stations in Tampa and Orlando. Yet that's not the No. 1 reason for a wider net loss.