A Hearst Television veteran has been promoted to Vice President of News, a role in which he'll continue to report to Hearst Television Sr. VP of News and Chief Content Officer Barbara Maushard.
RBR+TVBR President/Publisher Deborah Parenti said, “This year’s Radio Wayne finalists represent one of the most diverse and competitive lineups in the awards’ 34-year history, spanning markets and media companies of all sizes. Even as our industry navigates modern challenges, the dedication and resilience of these professionals give us a powerful reason to celebrate.”
After just three months and two months at Red Apple Media, the parent of WABC Radio and the recently launched Worldwide News Network, Sr. VP of News & Programming Lee Harris has exited the operation. According to a company spokesperson, Harris was asked to depart the operation over differences linked to his leadership style.
Net income declined for the radio station owner in the second quarter, as did its net operating revenue, as Chief Financial Officer Sam Bush disclosed that the company has sold its residential home used for Saga business in the picturesque Lido Key neighborhood of Sarasota, Fla.
It's another move that signals the death spiral of the regional sports network distributed by MVPDs that continue to experience subscriber roll drops in an era of streaming and renewed over-the-air TV consumption for pro sports fans. Cox Media Group has landed a pair of multi-year NBA local broadcast rights deals.
If good things come to those who wait, Beasley Media Group shareholders may be particularly pleased with the company's second quarter results, which the company released on Wednesday after a short delay. While net revenue and operating income were down, adjusted EBITDA rose on a big swing to net income.
Adam Jacobson
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