Sovereign Snag Brings Growth To Shockley, Bernier

Two FM radio stations and one AM stations serving the Iron Mountain, Mich., area and three FMs and two AMs serving Marquette, Mich., are being sold in a transaction that has yet to be posted with the FCC. Kalil & Co. served as the exclusive broker in this deal. 

What Did The Radio Show Mean For You?

"Great convention!" Longtime Boston-based radio programming consultant Clark Smidt highly enjoyed the 2019 Radio Show, recently held in Dallas. Why? What led him to rave about the event? Here are his thoughts, along with some photos highlighting his love of the event.

Tide is High for P&G at Radio … as is a Flu Fixer

The use of AM and FM stations through Spot Radio efforts has been championed by Procter & Gamble Co. Chief Brand Officer Marc Pritchard. This embrace of radio sees two P&G brands embark on new campaigns that have landed these marks well within the latest Media Monitors Spot Ten Radio report.

Unfavorable Results: No Auction 94 Payment Waiver For WI Owner

In one of the first decisions to come from recently appointed FCC Office of Economics and Analytics Auctions Division Chief Margaret Wiener, a radio licensee has lost its bid for a waiver it sought on a final payment deadline in an FM construction permit auction.

A Sun-Filled Advisor Role For A Legendary Programmer

From August 2011 through May 2019, Mike McVay stepped away from the consultancy to take the role of SVP/Programming at Cumulus Media. As of today, his subsequent return to consulting work now includes influencing Sun Broadcast Group in its network and syndication efforts.

A Very Relevant Deal In Traverse City

The resort communities of Petoskey and Traverse City are among some of Michigan's more picturesque locales. Here, a group of four FMs, an AM and an FM translator in the commercial band are trading hands. The buyer: The operator of Relevant Radio. 

Wall St. Weak: ETM Hits A Fresh 10-Year Low

U.S. financial markets were rebounding from Wednesday's steep drop in midday trading on Wednesday. But, Entercom Communications shares weren't heading upward with general indices. Rather, a sizable decline in value was seen within the first hour, resuming right before the Closing Bell.

Revealed! America’s Top Brokers & Attorneys

An overwhelming response was seen, with hundreds of industry leaders and legal professionals sending in their nominations. This inaugural list salutes the individuals shaping the future of broadcast media. For this first-ever Honor Roll, the list is not ranked, as we wish to honor each nominee equally in 2019.
Wall Street / Trading Floor

Radio’s Biggest Owners Defy Big Wall Street Dip

U.S. financial markets declined on Wednesday as investors expressed concern about U.S. growth forecasts not being as strong as they'd hoped for. The Dow Jones Industrial Average was off 2%, while Nasdaq was off by 1.6%. However, it was not all gloom and doom for radio stocks.

With Emmis’ Austin Adios, A C-Suite Role For Rupe

Emmis Communications on Wednesday morning formally closed on the sale of its assets in Austin radio stations to Sinclair Telecable. As such, the cluster's SVP/Operations has a new role and is staying on with Emmis by taking a C-Suite position, while staying in Texas' state capital.

What’s The Economic Forecast For 2020?

Factors that will impact the economy, and what that means to radio, will be front-and-center at Forecast 2020, scheduled for Nov. 20. Forecast has assembled a broad range of experts to provide their perspective and informed opinions on what’s in store for the country and media in the near- and long-term future.
Jim Winston

NABOB Proposes Industry Response to Third Circuit Decision

On Sept. 23, the Third Circuit Court of Appeals vacated and remanded a FCC 2017 Report and Order that had relaxed some of its broadcast ownership rules, in particular those regarding cross-ownership restrictions. National Association of Black Owned Broadcasters President Jim Winston has something to say about that.

Craig Fox Shifts Central NY AM Back To Foxfur

On Aug. 21, 2017, first-time broadcaster Pathway Community Radio, led by Sinan Mimaroglu, acquired a Class D AM serving an area northwest of Syracuse. The seller was Craig L. Fox's Cram Communications, which he has 80% ownership of. Now, Mimaroglu is relinquishing his stake in this AM, and handing it to another Fox-controlled entity.

Price Revealed In May Family Radio Ownership Exit

For 94 years, a Class B AM with a booming signal has been held by the May family. On Sept. 17, an agreement was struck that will eventually bring those family ties to this AM-FM combo to an end. Fresh details, including the multi-million dollar purchase price, were revealed Tuesday thanks to a Form 314 filing with the FCC.

Enhanced Visibility For Radio and TV: A Two-Star Affair

A marketing and telcom platform that helps companies extend their brand by offering custom "** numbers" to connect directly with their target audience — hopefully leading to greater loyalty, efficiency, and revenue — is reaching out to radio and TV station owners with a new way to enhance their visual identity.

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