Radio+Television Business Report

A Class A noncommercial FM radio station serving a small Iowa community is poised to become the latest property licensed to American Christian Radio.

It's known as the city where the first "911" call was placed, and just south of the Alabama cities of Muscle Shoals and Florence. Here, a Class A FM is being sold, as Harold Bearden parts ways with his bit of "Paradise."

A media company that provides online audio streaming and podcasting services with a particular focus on "serving diaspora communities worldwide" has a new Chief Information Officer.

Marc Jaromin's resumé includes stints as the head of WKBW-7 in Buffalo from fall 2019 through autumn 2023; and as the associate dean for the National Association of Broadcasters Leadership Foundation’s Broadcast Leadership Training program. Jaromin is now in the news for his latest role, one that sees him join Futuri.

The former Executive VP of Technology Policy & Standards for Paramount is joining A3SA, the ATSC 3.0 Security Authority, as Managing Director. He takes over from Ron Wheeler, who served as Managing Director of the organization from its formation.

Dubbed "yaman.AI," the new offering is designed to give radio sellers and agencies with local-direct-focused creative services, consultation, training, production and other core audio advertising needs.

Mediaproxy, known for its software-based IP compliance monitoring and multiviewing products, has appointed systems developer and media technology consultancy netorium as its partner in Germany, Austria and Switzerland. The company represents a range of leading media technology manufacturers.

Stop worrying about that core revenue malaise: The radio industry has reached "a significant milestone in its digital transformation," hitting a record high in 2024, the RAB shares. The organization's annual digital benchmarking report offers details first shared last week by Borrell Associates.

While that's good news from Allen Media Group, it may not dispel industrywide discussion that AMG's fiscal challenges are significant and largely behind a recent effort to phase out local meteorologists at its TV stations in favor of an Atlanta-based hub powered by The Weather Channel.

Nueva Network, Costa Media, and MLC Media are officially merging under the leadership of José Villafañe, the architect and head of the growing Spanish-language audio content creation and distribution company.

The U.S. Copyright Office has published a Notice of Inquiry on issues related to Performing Rights Organizations — an action, the office explains, that comes in response to a Congressional request to gather comments on the increase in the number of PROs in the United States and their licensing revenue distribution practices.

In April 1996, he rose from General Sales Manager to General Manager of Spanish Broadcasting System's flagship New York properties, including the Hispanic-focused radio operator's very first radio station.  Now, Gene Bryan has returned to the company.

The Chief Operating Officer of Fox Corporation, who also serves as a member of the Office of the Chairman, has inked a three-year employment agreement that sees him adding the title of President.

FuboTV Inc. may largely be known as a "sports-first" live TV streaming platform that went to court to stop The Walt Disney Co., FOX Sports and Warner Bros. Discovery from launching the Venu Sports platform — only to agree to a deal that sees Disney buying Fubo. Now, "Fubo Sports" is poised to become a digital multicast offering.

In a widely expected move following the January 29 decision by CEO David Field to step down as President/CEO, Audacy Chief Financial Officer Rich Schmaeling has resigned "to pursue other business opportunities." The company with majority ownership held by Soros Fund Management "will not name" a new CFO in the near term.

Sinclair Inc., which has taken a lead role in the development and rollout of ATSC 3.0 digital broadcast technology and its associated datacasting services, has good news to share regarding early participation and consent results for a private exchange offer tied to its Sinclair Television Group subsidiary.

He's the Clerk of the Senate Committee on Transportation for the State of Vermont and also chairs the state's Senate Committee on Institutions. With the FCC's blessing, you can soon call Russ Ingalls a broadcast licensee, too.

Four FM radio stations and two sibling properties on the AM band are being sold by Henry Ash and his Petracom of Holbrook LLC, paperwork filed late Friday with the FCC for its regulatory approval shows. Who's the buyer?

MediaCo Holding Co., the Standard Media-controlled licensee of broadcast properties led by former Spanish Broadcasting System executive Albert Rodriguez, is exercising its option to purchase the radio and TV stations it has been operating for 10 months. Details surfaced in a FCC filing made late Friday.

"Some of you may have noted that my LinkedIn status recently changed as I've now left the Nexstar family." That's how Stacey Lynn Schulman officially shared the news on Thursday that she's no longer with the nation's No. 1 owner of broadcast television stations.