Industry News

At first glance, it may appear that Hoffman Media Group scored a bargain when it offered an unsolicited bid for Audacy's St. Louis radio stations, which the company controlled by Soros Fund Management eagerly accepted. According to a longtime deal valuation specialist, "it seems like a fair price" when reviewing the details of the transaction.

With its stock trading at below 4 Canadian cents on the Toronto Stock Exchange in Thursday's trading and a recapitalization effort designed to rid the media company of much of its debt, Corus Entertainment has moved ahead with a plan to centralize the production of its local newscasts in two of Canada's largest markets.

Among them, Sarah Foss joins as chief transformation officer

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When it came to selecting a tech product to bring to audiences live coverage of the "Unity Concert for America," Philadelphia's Independence Day celebration celebrating America 250, the ABC Owned Stations property serving the Cradle of Liberty went with an offering on the market for one year. 

Skyview Networks Chairman and President/CEO Steve Jones on Wednesday announced in a company-wide meeting a series of structural adjustments that sees "a key driver of our revenue growth and portfolio expansion" take the role of Chief Operating Officer. Three others were singled out, too, as a former ESPN staffer is coming aboard.

Network in Morocco improves its live workflow and audience interaction

The post MFM Radio TV Streamlines With AxelTech appeared first on Radio World.

Americans’ engagement with others is not one-dimensional. That's the focal point of a just-released Pew Research Center study from the Pew-Knight Initiative that looks across a range of behaviors: political activity, civic involvement, religious attendance and attention to news.

For MFM CEO Joe Annotti, who plans to retire come June 2027, “Becoming the Media Finance Section of FEI ensures that our members' community and programming not only continue but grow, with greater scale and support behind them.”

An asset purchase agreement offering details of the sale of Audacy's radio stations in St. Louis was submitted to the FCC for regulatory approval. How much is Hoffman Media Group paying for the properties? The answer is now known, reflecting the current realities of an industry seeking further deregulation.

A 29-year veteran at the company, he was previously production engineering manager

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