Industry News

The E.W. Scripps Company has launched an enterprise-wide transformation plan designed to improve operating performance and unlock new value, targeting annualized enterprise EBITDA growth of $125 million-$150 million by 2028.

“This is a defining moment for local journalism,” said Jeff Freeland Nelson, executive director of the Glen Nelson Center. “The Next Challenge exists to fuel that innovation, support risk-takers, and ensure local journalism continues to play its vital role in serving our democracy.”

Maura McDonough Cope has announced her retirement, concluding an accomplished career that most recently saw her lead affiliate relations for Weigel Broadcasting. We now know who is succeeding her.

It's a mini-FM radio station serving Virginia's Tidewater region, and until now it has been licensed to the entity focused on religious programming led by Nancy Epperson, of the family linked to Salem Media. Pending Commission approval, this FM translator will be in the hands of a new owner.

G. Brint Ryan and Malinda Flenniken, the current Managing Partner of KBest Media, have given the official handshake to a deal awaiting a filing in the FCC's LMS for its regulatory approval. It sees the sale of "KBest Media," just east of Odessa-Midland, Tex.

The Shapiro-led Consumer Technology Association is gaining attention for a letter sent Monday to the Senate Commerce Committee's Chairman and Ranking Member, ahead of yesterday's hearing on broadcast TV ownership rules that came to light only after the two-hour Capitol Hill affair.

He's a former Forever Media Vice President of Sales. Now, Michael T. Sherry has launched a consultancy designed to support local and regional broadcasters navigating changes in advertiser expectations, sales workflows, and competition from digital media.

The digital advertising exchange owned by Global is teaming with a media and technology company known for "powering college athletics." DAX US will serve as its sales partner for that company's live sports digital audio streams, "creating a new destination for advertisers looking to reach fans."

The company's report highlights the devotion of sports-talk radio listeners

The post Audacy: The Most Devoted Sports Fans Are Flocking to Audio appeared first on Radio World.

Under the agreement, Audacy will oversee advertising sales for more than 100 Sonos Radio stations while distributing the streams across the Audacy app and website, as well as Google Home, Alexa, and Apple Music.