Cumulus’ Sponsor ID Flub Involves Two Detroit FMs

While the matter originally involved a New Hampshire radio station, Cumulus is now being fingered for transgressions at two Motor City stations, in addition to properties in the Michigan markets of Flint and Ann Arbor. A Macon, Ga., AM is also on the hot seat.

JackFM’s U.S. Sales and Distribution Sail To Skyview

Thanks to a new partnership inked by Sparknet, Phoenix-based Skyview Networks and Local Radio Networks (LRN) are taking on the network sales and satellite distribution of the Adult Hits brand known as "JackFM." The agreement between the parties goes into effect on Jan. 1, 2020.

Strong Advertising, Interactive Grow Propel Townsquare

Townsquare Media has established itself as the local media company full of early risers. Its C-Suite executives long ago established 8am Eastern as the time it would hold its quarterly earnings calls, and Tuesday was no different. What would CEO Bill Wilson have to share?

A Large-Sized Leap in a Small-Sized Town

A Class A Classic Rocker serving a collection of small towns to the west of Toledo, Ohio, has taken the still uncommon step of adopting HD Radio in a vastly rural region. "We wanted to be the first HD Radio broadcaster to serve our four-county region,” says the station's second-generation owner.

Saga Enjoys An EPS Gain On Flat Revenue In Q2

If there was ever a time when Saga Communications needed a boffo earnings report to boost the morale -- and buys -- of its shareholders, Tuesday was perfect. Why? The arrival of a strong Q2 report from the radio industry pure-play sparked slumping shares.
Scott Flick

Pillsbury Dough Show: Radio’s Financial Future Unfurled

A dynamic lineup of radio industry executives and financial experts will discuss the business impact of significant regulatory changes affecting radio at a 2019 Radio Show session hosted by Pillsbury Winthrop Shaw Pittman. It's set for the afternoon of Sept. 24.

Rev Up, Income Down For Beasley In Q2

Beasley Media Group, ahead of Monday's Opening Bell on Wall Street, said its net revenue went up in the second quarter. However, operating income was flat, as net income for the radio industry pure-play went down.

Arcadia Election Day For Tomas Martinez: Sell

A Miami Hispanic radio veteran in 2014 acquired one of two FM radio stations serving agricultural inland Florida. Now, he's selling one of those stations to -- of all entities -- a school known for training the doctors, dentists and pharmacists of tomorrow.

ESPN KY Conquers Louisville

Go south of Louisville, Kentucky, and you'll find Fort Knox, and the neighboring city of Elizabethtown. It is here that ESPN KY airs on a Class C AM facility that can't really be heard to the north, in Louisville. That's about to change, thanks to a FM translator with a big CP.
Amador Bustos

Bustos’ Chico Shuffle Yields More Of Yuba City

Three FMs serving the Chico, Calif., market, were purchased in early May by Bustos Media. Now, two of those FMs are being traded for a big FM. Why? It gives Bustos far greater coverage of the region -- and new opportunities for a company with Elliot Evers as a minority shareholder.
USA Flag

BIA: Local Political Ad Dollars Largely Skip Radio

BIA Advisory Services predicts some $6.55 billion will be spent in local political advertising in 2020. But, what media is getting the majority of the ad spend? It isn't Radio. In fact, Radio isn't even forecast to attract more than 5% of the local political advertising budget.

Here’s The Radio Hall of Fame Class of ’19

The results are in for the class of 2019 Radio Hall of Fame inductees who will be honored on Nov. 8, in New York at Gotham Hall. Who are this year's inductees? Click here for all of the details.

Upsized And Exclusive: A Bigger iHeart Private Note Offering

On Thursday iHeartMedia's “iHeartCommunications” subsidiary said it will offer $500 million aggregate principal amount of Senior Secured Notes due 2027. Some industry observers predicted this private offering would be oversubscribed. That happened, and quickly.

Charleston Chew: West Virginia Radio OK’s New Nielsen Pact

Thanks to a just-signed agreement, Nielsen Audio will once again be providing ratings measurement for West Virginia Radio Corp.'s collection of radio stations in Market No. 197. That still won't give non-subscribers a full look at the market, as another owner isn't a subscriber.
Townsquare Media Group

Analysts Fear A Q2 Earnings Dip For Townsquare

On Tuesday morning, Townsquare Media will offer its second-quarter earnings report. Zacks Equity Research has been chatting with Wall Street analysts on what they expect, and they aren't anticipating an earnings increase for the company focused on small and medium-sized markets.

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