Industry News

In mid-January 2021, the owner of radio stations in North Central Washington state decided to put them on the market. He inked a representation deal with broker Greg Guy, awaited bids, and six months later sold them for $597,500. Now, the group that purchased the radio assets is spinning them.

The next-generation 645 SiteStreamer II will take its place

The post Inovonics Retires INOmini 635 FM SiteStreamer appeared first on Radio World.

He's described as a "pillar of the Tulsa business community for nearly four decades" and a "visionary entrepreneur and optometrist." It appears Dr. Robert H. Zoellner clearly sees the potential for strong cash flow associated with four local radio brands. He's just bought them from Cox Media Group.

The fate of Wendy McMahon has been discussed by media observers for weeks. On Monday, an internal memo sent by McMahon to staff yielded the answer that is not wholly unexpected: she's stepping down as President/CEO of CBS News and Stations and CBS Media Ventures.

Radio industry advocates continue to push for movement during what will be a compressed and politically charged session. Groups including FEMA, the NAB, and a wide range of first responder and public interest organizations have emphasized AM radio’s unmatched ability to reach communities in emergencies.

With renewed vigor and CEO Joe Annotti fully energized about this year's event, the Media Finance Management 2025 Conference formally kicked off Monday following a Hearst Television-sponsored welcome reception on Sunday evening with welcome remarks from the President/CEO of the NAB.

Freshly compiled data from Bond & Pecaro shared Monday during a Media Finance Management conference session show that, when subtracting political advertising-fueled years, net television advertising revenue will decline in 2027. How significant is the dip? The dollar total is the lowest this decade.

Despite the delay, MediaCo previewed significant year-over-year growth in Q1 revenue, largely tied to the Estrella deal. The company estimates net revenue of approximately $28 million, up from $6.7 million in Q1 2024.

It continues to invest in tech to support ad campaigns across radio and digital platforms

The post Marketron Celebrates 55 Years appeared first on Radio World.

The E.W. Scripps Company has promoted its Senior Director of Sales at the Southwest Florida TV station branded as "FOX 4" to the role of Station Manager. He's been at WFTX-TV since 2022 and has previously worked at stations owned by Nexstar Media Group, among other companies.