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The strike price, says Audacy Inc., is $20 per share. What will the company that sees a majority stake held by Soros Fund Management do with the proceeds? The additional equity capital will be used to repay existing debt, it says. 

A new exclusive partnership is in place that will make Westwood One, the national radio arm of publicly traded Cumulus Media, the lone syndicator and distributor of one of the nation's leading sports talk-focused radio programs. This will see a big change to the time period offered to stations for the three-hour show.

Two Hubbard Broadcasting FM radio stations serving Chicago now have a new VP of Brand and Content, an individual that will oversee programming for the properties. He is inbound from Cox Media Group, where he was a Sr. VP of Audience and Programming, directing the company's on-air and digital content strategy.

She spent more than 10 years leading "complex telecommunications transactions" as Senior Principal Corporate Counsel in Mergers and Acquisitions at SBA Communications Corp. Now, she's joining a law firm that is home to David Oxenford and Davina Sashkin.

He most recently served as VP of Strategy and Acquisitions at A+E Networks, where he spent the past 11 years shaping the networks’ programming and content acquisition strategy. Starting today, he's the new SVP of Programming for The E.W. Scripps Co.

Veteran journalist Chris Cuomo will be staying a little longer at the MVPD-distributed news and political talk network owned by Nexstar Media Group, thanks to a fresh multi-year agreement announced on Monday.

Both AM and FM stations continue to demonstrate their unmatched ability to engage U.S. Hispanic audiences at scale. And, as Latinos are projected to account for 71% of U.S. population growth between 2022 and 2031, there's no better time than now to target the Spanish-speaking radio listener. That's according to a new Hispanic Radio Alliance report produced with Nielsen.

The following program is being brought to you on a delayed basis

The post A Brief History of Delayed Programming appeared first on Radio World.

This document requests comments on a petition for rule making filed by The Business Council of the Northern Arapaho, the non-gaming Tribal governmental agency of the Northern Arapaho Tribe, proposing to amend the FM Table of Allotments, by allotting Channel 260C0 at Ethete, Wyoming, as a Tribal allotment and the community's first local service. A staff engineering analysis indicates that Channel 260C0 can be allotted to Ethete, Wyoming, consistent with the minimum distance separation requirements of the Commission's rules, with a site restriction of 42 km (26 miles) north of the community. The reference coordinates are 43-22-25 NL and 108-36-28 WL.

The company's "operating system for radio" has several notable new features

The post Super Hi-Fi Program Director Receives “Best in Market” Award appeared first on Radio World.

Content Partnership extends the benefits of sponsored metadata

The post Quu Refines Its Visual Message Offerings appeared first on Radio World.

The move, which the agency says will spur innovation, had been opposed by the NAB for its potential impact on newsgathering

The post FCC Opens Entire 6-GHz Band to Very-Low-Power Device Operations appeared first on Radio World.

Consent decree between WIDP, Guaymam, Puerto Rico and FCC, Media Bureau, Video Division

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NPRM proposing to update broadcast rules to reflect current application processing requirements and remove references to outdated procedures and filing systems.

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Italy's broadcast association continues to advocate for more DAB+ frequencies for its local broadcasters

The post Aeranti-Corallo President: Downsizing for Italy’s DAB+ Channel Shortage “Unthinkable” appeared first on Radio World.

Pippin Technical Service (PTS) will introduce Dielectric’s antenna and RF systems to a customer base across the provinces, with Dielectric initially represented in Manitoba, Saskatchewan, Alberta, British Columbia, Yukon and Northwest Territories.

Live Media Group, a Columbus, Ohio-based live broadcast product manufacturer and event production specialist, has appointed a former NEP Group leader to serve as Senior Vice President of Internal Operations, starting with the new year.