A family-run company with a very familiar name to many radio industry leaders has agreed to purchase an AM/FM combo and three FM stations. To be clear, this deal does not involve Monte or Doris Miller, but seven Montgomery family members who have come together to form Rocking M Media Group.
The Celebration of Service to America Awards, presented by Bonneville International and Hearst Television, is part of the Foundation’s mission to bring national attention to the vital work being done by local broadcasters. New this year is a podcast category.
CEO Mary Berner, who has led the company since 2015, and CFO Frank Lopez-Balboa will remain under amended employment agreements, though the filing is careful to note the incoming board retains full authority to replace them.
A Class B AM and its 250-watt FM translator serving an agricultural community between Sebring and Sarasota, Fla., is about to get an ownership change. For listeners, there's likely no changes in the works, as this "Outlaw" is officially buying the facilities it already uses.
The U.S. Hispanic population has grown 19% since 2016. So why does advertising investment in Hispanic media remain a fraction of what its audience size and listenership would warrant? Patrick Quinn, of PQ Media, has some suggestions on capturing that missing slice of the pie.