9 months 1 week ago
Revenue and EBITDA were "in-line" for the company in Q3, as President/CEO Mary Berner noted during a Friday pre-market earnings call for analysts and investors that the company "maintained our focus on what we can control." Investors were less than pleased, sending Cumulus Media shares down by nearly 20% on Friday.
Adam Jacobson
9 months 1 week ago
RW Staff
9 months 1 week ago
On Monday, paperwork was submitted for regulatory approval regarding a pair of deals involving low-power television stations in Knoxville; Terre Haute, Ind.; and Greenville, S.C.; from Jeff Winemiller's Lowcountry 34 Media to HC2 Station Group. Now, a third deal has been filed with the FCC.
Adam Jacobson
9 months 1 week ago
A collection of Local Now free ad-supported streaming television channels have added distribution via The Roku Channel, thanks to an agreement signed between the platform and Local Now parent Allen Media Group.
RBR-TVBR
9 months 1 week ago
An Idaho-based non-profit offering a unique Christian-themed Country music format on a handful of stations across the U.S. is agreeing to sell a 100kw Class C1 facility in Montana. Who's the buyer? It is a Salt Lake City radio personality-turned-public radio station operator who has already taken the FM in an Adult Alternative direction.
Adam Jacobson
9 months 1 week ago
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9 months 1 week ago
FCC expected to normalize the use of "geotargeted" FM boosters. Adds additional interference protections.
Michi Bradley
9 months 1 week ago
Fifteen years ago, Steven Fuchs signed off on a Time Brokerage Agreement allowing Fox Radio Network to control a 25kw Class C3 FM serving a Missouri city along the Black River, in the southeastern corner of the Show-Me State. Now, he is converting that long-term lease into an outright purchase.
Adam Jacobson
9 months 1 week ago
Elle Kehres
9 months 1 week ago
A Class B AM radio station with an FM translator serving Kalispell, Mont., is poised to see an ownership shift, as a stock purchase agreement will shift the shares held in KOFI-AM from Tana and David Rae.
Adam Jacobson
9 months 1 week ago
In March 2023, a 250-watt translator with a formidable signal across the Denver-Boulder market dropped its all-Comedy format by adopting a gold-based Country presentation under the "Front Range Country" brand. Now, the Audacy Inc. audio service is being put in the hands of artificial intelligence, powered by Super Hi-Fi.
RBR-TVBR
9 months 1 week ago
A new "soap opera" on network television, in 2025? That's indeed in the works at CBS, thanks to a three-way partnership between the Paramount-owned network, the NAACP and a division of Procter & Gamble Co.
Adam Jacobson
9 months 1 week ago
Behind every headline, there’s a delicate dance between advertisers, broadcasters, and the message itself. Who keeps the lights on in democracy? A Forecast 2025 session featuring NAB President/CEO Curtis LeGeyt and Ad Fontes Media's Lou Paskalis is poised to bring in-person attendees a discussion one can't miss.
Adam Jacobson
9 months 1 week ago
RW Staff
9 months 1 week ago
RW Staff
9 months 1 week ago
The American Association of Professional Baseball club carrying on the heritage of a storied Negro League franchise has signed a deal that will bring every home game in the 2025 season from Legends Field to viewers via a Gray Media broadcast TV station available across the market.
Adam Jacobson
9 months 1 week ago
A 1kw Class C AM serving the Lancaster-Palmdale, Calif., area to the north of Los Angeles is being acquired by a local operator from a Nevada LLC associated with the owner of stations along California's Central Coast.
Adam Jacobson
9 months 1 week ago
LPTV entrepreneur Jeff Winemiller is at it again, and this time he's signed off on a facilities swap with the licensee led by Randall Weiss. When all is said and done, Winemiller's Lowcountry 34 Media will be the owner of a property serving Atlantic City, N.J.
Adam Jacobson