The Board of Directors of the "Local First" media company that derives much of its revenue not from its small and mid-sized radio stations but from digital and programmatic ad solutions has signed off on a $50 million stock repurchase initiative.
The NBA's Minnesota Timberwolves will see five of their home games across the 2023-2024 season air on the NBC affiliate serving the Twin Cities owned by TEGNA. It's the latest instance where pro sports play-by-play is heading to a free over-the-air television home at time when cord-cutting and cost-trimming is high.
The nation's No. 1 owner of radio stations and top podcast distributor has adopted "a privacy-focused open-source identity framework" from The Trade Desk in order to meet the ever-changing needs of clients who desire the best audio advertising solutions.
A South Texas operation led by Eugenio Falcón has agreed to part ways with a 6kw Class A FM serving a string of small cities along U.S. Highway 83 due west of McAllen. The buyer is a broadcast ministry, who will likely use the facility to target Spanish-language audiences on both sides of the Rio Grande.
Here's a deal that sees the transferor sign off on a deal agreed to by a transferee that just happens to be the same person. And, there will be some money trading hands, as an AM radio station in North Carolina is being officially donated from one Edward Baker-led entity to another he serves as President of.
The Latin Grammy Awards returned to South Florida to celebrate the 25th edition of the greatest night of Latin Music. Artists, musicians, and producers gathered to award the most successful hits of the year. Shure Axient Digital Wireless System was selected to ensure audio that producers could count on throughout the night.