Summer 2010 Phase I Albuquerque NM Bakersfield CA Colorado Springs Huntsville AL West Palm Beach Charleston SC Gainesville FL Jackson MS Grand Rapids MI Jacksonville FL July 2010 PPM New York NY Los Angeles CA Chicago IL San Francisco CA Dallas TX Houston TX Atlanta GA Philadelphia PA Washington DC Boston MA Jay Parker Dylan MJ Morning Show Kane Corey Dylan Joe Elliot Orlando Alli That Girl Chadd & Kristi Ann Kelly Nick Van Cleve John Moore The Hot Show Kaden Roula & Ryan Mat Mitchell Rod Ryan Don Jantzen Coco, Foolish & Mr. Chase Bushman

Company News

Townsquare Media Completes GAP Acquisitions Townsquare Media has completed its acquisition of GAP Broadcasting and GAP West Broadcasting outlets. The merger adds 111 stations in 23 markets to Townsquare's current 60-station count, which were formerly owned by Regent Broadcasting, totaling 171 stations. Townsquare was formed under CEO Steven Price from Regent Com More

Townsquare/Grand Rapids GM Phil Catlett is Out Longtime Regent/Grand Rapids GM Phil Catlett exits the company, now Townsquare Media, where he oversaw Spanish Variety WNWZ-AM, AC WLHT-FM, Alternative WGRD-FM, Classic Hits WFGR-FM and Soft AC WTRV-FM. Mark Thomas, formerly a Regent Regional VP, most recently with Townsquare's Evansville, IN, cluster, assumes interim More

Report: GAP Broadcasting to Merge Into Townsquare GAP Broadcasting and GAP West will reportedly merge its 116 stations into Townsquare Media. Townsquare was formed under CEO Steven Price from Regent Communications when the broadcaster emerged from Chapter 11 bankruptcy last month. GAP and GAP West, like Townsquare, are controlled by Oaktree Capital Management. I More

Dave Adams Appointed PD at Radio Now/Milwaukee Clear Channel CHR WRNW-FM (97-3 Radio Now)/Milwaukee taps Dave Adams as its new Program Director. He joins from Regent heritage CHR WBNQ-FM/Bloomington, IL, where he also served as PD. Adams will also air in middays, while afternoons will be occupied by new Imaging Director Riggs. He's inbound from WNOU-FM (Radio Now 100.9) Indi More

Regent Trust Closes Deal with Townsquare Media The Regent Trust, overseen by trustee Jay Meyers (who also serves as Broadcast Management and Technology), has transferred all but two of its broadcast licenses to Townsquare Media following FCC approval of the transaction, effective July 1. The Regent Trust had been in a time brokerage deal for all of its radio outlets with Tow More

Regent Becomes Townsquare Media, Price New CEO Regent Communications changes its name to Townsquare Media and Steven Price, co-founder of media investment firm FiveWire Ventures, is named Chairman/CEO. FiveWire co-founder Stuart Rosenstein is appointed Executive VP/CFO of the company. Former CEO Bill Stakelin resigns, as does CFO Tony Vasconcellos. Townsquare emerged from ba More

Regent Announces Completion of Reorganization Plan Regent Communications has completed its reorganization plan and will emerge from the bankruptcy process, effective Tuesday, with what it calls "new financial flexibility" following its initial petition to the court on March 1. Regent has completed all conditions of its First Amended Joint Plan of Reorganization and its Debtor Af More

Regent Transfers Broadcast Licenses into Trust Following Regent's emergence from chapter 11 bankruptcy on Tuesday, the company is moving its broadcast licenses into the Regent Trust, with Broadcast Management and Technology President/CEO Jay Meyers as trustee. The move is a temporary one and the transfer was approved by the FCC earlier this month. Additionally, the tru More

RAB Launches ''Account Manager'' Sales Tool The Radio Advertising Bureau (RAB) is launching Account Manager, a new online application and platform that incorporates real-time account management with CRM, projections and forecasting and order tracking. The software provides RAB member stations with a set of tools to help manage and track account data and client interaction More

Regent Settles w/Shareholder Over Equity Committee A large shareholder in Regent Communications, Resilient Capital Management with 2.8 million shares, has settled with Regent for $125,000. Under the agreement, Resilient will drop its claims that Regent's equity "retains significant value even with the company in bankruptcy" and will no longer seek a equity committee. Even More

Court Confirms Regent's Plan of Reorganization Regent Communications announced Tuesday that the U.S. Bankruptcy Court for the District of Delaware has confirmed the company's plan of reorganization. "The reorganization plan will allow Regent Communications to emerge from Chapter 11, after only sixty days, with the financial flexibility necessary to ensure the continued More

Regent Q4 Revenues Decline 10.1%, Loss Narrows Regent Communications fourth quarter net broadcast revenues declined 10.1% to $21.3 million from $23.7 million in 2008. Station operating income (SOI) fell 17.8% to $7.3 million from $8.9 million. The company reported a net loss of $14.2 million (35 cents per share) as compared with a net loss of $75.4 million ($1.93) in the yea More

Regent to Place Lafayette, Laramie Stations in Trust Regent has filed transfer applications with the FCC to place Oldies KARS-FM (102.9)/Laramie, WY, and its Fort Collins translator along with News/Talk KPEL-FM (105.1)/Lafayette, LA, into the Fort Collins-Lafayette Divestiture Trust. The trustee is former Clear Channel Senior VP Jay Meyers who currently serves as President/CEO of More

NAB Announces Results of Radio Board Elections The National Association of Broadcasters (NAB) has announced the results of the 2010 NAB Radio and Television Board elections. The two-year terms of the newly elected board members will begin in June, 2010. Eight of the elections included incumbent candidates. Here are the results of NAB's Radio Board elections: More

Regent Shareholder Seeks Public Holders Committee A large shareholder in Regent Communications, Resilient Capital Management with 2.8 million shares, has filed a motion with bankruptcy court that seeks to appoint a committee to represent public shareholders during the company's Chapter 11 reorganization. Under Regent's prepackaged bankruptcy plan the common stock with all share More

Regent Trustee Files Objection to Reorganization Plan Acting U.S. trustee Roberta DeAngelis, who is overseeing Regent Communications' chapter 11 bankruptcy proceeding, filed an objection to the broadcaster's reorganization plan last week. She based her objection after Regent's request to bypass a shareholders vote on the plan. However, the judge in the case ruled in Regent's favor More

Cumulus Officially Names J.P. Hannan as SVP/CFO Cumulus Media officially names VP/Controller J.P. Hannan as Senior VP, Treasurer and Chief Financial Officer. He replaced Marty Gausvik last July on an interim basis. Previously, Hannan was CFO of Lincoln Financial Media's radio division. He's also served as a member of Regent Communications' board of directors. Hannan has More

Copyright © 1989-2010 RADIO ONLINE ® The publisher makes no claims concerning the validity of the information posted on RADIO ONLINE and will not be held liable for its use. No part of this material may be reproduced in any form, incorporated in any information retrieval system or otherwise redistributed without the prior written permission of the publisher.