Radio News

"As you know, over the past year we have laid out a comprehensive plan for Scripps to improve its short-term operating performance while positioning itself well to create long-term value." With that, E.W. Scripps Co. President/CEO Adam Symson provided an update on the company's progress toward making that goal a reality while sharing strong Q2 results.

With "News and Talk for the Lakes Region," a New Hampshire AM and its FM translator have been serving the Laconia area with a mix of syndicated programming and an hourlong local talk program airing Saturdays at 9am. This could soon change, as the facilities are being sold.

Its average volume is no more than 7,000 shares. But, its current value is higher than radio industry heavyweights such as Beasley Broadcast Group and Entercom. It's a new era for Cumulus Media, and its stock is approaching $20 a share.

From mirrorless cameras from Canon to noise-canceling true wireless headphones, B&H has served New York Tri-State Area customers for nearly 50 years. Now, it has gotten its hand slapped by FCC for selling something it shouldn't have — FM transmitters either using unauthorized frequencies or simply lacking Commission certification.

In late March, a Knoxville radio veteran who acquired WNFZ in 1974 and enjoyed successful on-air stints big Top 40 stations acquired an AM in what's known to some as "Scruffy City" from Kirkland Wireless Broadcasters. Now, the spin cycle is on for this market doyen: His company is selling it for the exact amount it acquired it for.

On April 27, 2022, Robert Pritts, who owned an AM radio station with an FM translator serving Uniontown, Pa., passed away. This placed his 50% ownership of the company in an estate, which his wife was to oversee as Executrix. That is now in the process of being changed, as one of Pritts' sons says that scenario is no longer possible.

On August 18, 2003, Broadcast Investment Associates sold a 100kw Class 1 facility serving Rome, Ga., and much of Atlanta's northwestern suburbs to Woman's World Broadcasting. Led by Suzanne Stone, Woman's World operated the station until early 2008, when Cox Media Group inked a Local Marketing Agreement with the licensee. Now, Stone's group has opted to part ways with the station.

In the northwest corner of Iowa, on the banks of the Little Sioux River, is a small city that offers a variety of choices for FM radio listeners. They presently include a trio of noncommercial Christian-themed choices. Should Spencer, Iowa, get a fourth broadcast home for religious programming? The FCC just said yes.

With fewer assets from which to generate profits, Emmis saw its total net revenue dip by 25.2% in its fiscal second quarter of 2019, which ended August 31. With the steep dip in operating income and tough comparisons to last year thanks to a big gain on asset sales, Emmis swung to a net loss.

Coming to the 2023 NAB Show at the even-more-sprawling Las Vegas Convention Center's West Hall — a newly created "destination" for radio and television broadcasters offering premium educational sessions, networking and special events.

What did the physical therapist say to the Main Street guy? The correct answer, based on an Asset Purchase Agreement filed Tuesday with the Commission, is, "Let's make a deal!" The station being traded is a heritage Class A serving the east end of Long Island, N.Y.

Underwriting support in the form of ad dollars, a big driver of NPR Podcasts, is crucial toward meeting the annual budget. There's a problem. A $32 million gap between the annual budget and advertising revenue is shaping up. As a result, at least 100 people will be losing their jobs.

At the end of January, a privately owned radio broadcasting company active across some of Idaho’s biggest markets took on a new name. The change marked the retirement of a couple who had attributable interest in what had been Locally Owned Radio. Now, with operations in Boise and in Twin Falls, Idaho, the company presently known as Iliad Media Group is growing in the Treasure Valley.

In July 2019, a bail bondsman and business consultant who switched political parties to become a Republican in a failed 2014 Congressional bid agreed to purchase a pair of AMs and their respective FM translators. That deal never closed, and a new buyer has emerged for the AMs.

The Jeff Andrulonis-led company has been shifting its focus from Western New York to the Carolinas of late. Now, it is engaged in another Twin Tiers sale -- this time with a non-secular operator.