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Principle Closes on KLOK/San Jose for $7.65 Million
Principle Broadcasting Network has closed on its acquisition of 50kw KLOK-AM (1170)/San Jose from Univision Radio for $7.65 million. Buffalo, NY-based Principle specializes in multi-ethnic based media and has operations in New York, Boston and Dallas. KLOK's "Radio Cadena" format moved to Univision's KBRG-FM's HD2 More

KDAY/Los Angeles Sets New Management Structure
Magic Broadcasting's Rhythmic AC KDAY-FM/Los Angeles taps Zeke Chaidez as its new General Manager. Previously, Chaidez was COO of Heftel Media, which ultimately merged with Tichenor Media in 1997 to become Hispanic Broadcasting before merging with Univision. Chaidez has also served as VP/GM of Radiovisa's KPLS-AM/Los More

Border Media/Austin to End Spanish Broadcasts
Border Media is ending its Spanish-language broadcasts on four of its outlets in Austin on Sunday (11-1). The stations include Regional Mexican KHHL-FM (La Ley 98.9), Spanish Oldies KKLB-FM (Digital 92.5), Spanish CHR KXBT-FM, and Spanish Variety KFON-AM (Juan 1490). KXBT will become an English-language ESPN Radio More

Former Univision BM Pleads Guilty to Embezzlement
Former Univision Radio/Florida Business Manager Anselmo "Sam" Potter pleaded guilty in federal court on Thursday to embezzling about $550,000 from the Spanish language broadcaster. He pleaded guilty to all six counts of wire fraud and faces between two and four years at his sentencing on December 30 reports the Miami More

Arbitron Q3 Down 4.3% Over CC, Cumulus Drops
Arbitron reported a third quarter revenue dip of 4.3% to $98.1 million from $102.5 million in 2008. Net earnings for the quarter declined to $13.7 million (51 cents per share), compared with $17 million (63 cents) in the year-ago period. The company points to a decision by Cumulus and Clear Channel to subscribe to Nielsen's More

Univision/NY Names Davis Station Manager/DOS
Univision/New York hires Spanish radio market vet Carey Davis as Station Manager and Director of Sales for Spanish Tropical WXNY-FM (X96.3), Spanish WZAA-FM, Regional Mexican WQBU-FM (La Que Buena) and Spanish News/Talk WADO-AM. Davis previously managed SBS's crosstown rivals WSKQ-FM (Mega 97.9) and WPAT-FM. He's also served as More

Envision Radio Networks to Launch Radiointros
Envision Radio Networks has launched Radiointros, a new service that offers production imaging for Spanish radio, specifically stations featuring Spanish Pop and Regional Mexican formats. Radiointros is meant to "spice" up musical intros of current hit singles with listener testimonials, voiceover, imaging elements and artist More

Woodie Named President of Lotus Entravision Reps
Entravision and Lotus Communications have announced that Phillip R. Woodie has been appointed President of Lotus Entravision Reps (LER), a joint venture radio-sales rep firm representing about 125 Spanish language radio stations. In this role, Woodie will be responsible for managing the firm's operations. Concurrently, Mary More

Univision Readies Launch of WXNY X96.3/New York
Univision will flip newly acquired WQXR-FM (96.3)/New York to WXNY-FM as "X96.3 FM," airing Rhythmic Spanish Hits beginning October 15 at 8pm. The Spanish-language broadcaster closed on the station last week in a 3-way $33 million deal which pushes the station's Classical format to 105.9. WCAA morning host Luis Jimenez makes More

District Court Judge Sends Patent Suit to Mediation
In April, a patent licensing company, Aldav LLC, filed suit against Clear Channel, CBS Radio and several other broadcasters for allegedly infringing on a patent that allows radio outlets to replace local content with content for those listening over the Internet. On Monday, U.S. District Court Judge Leonard Davis has sent Aldav More

Univision Closes on WQXR/NY, Set for Signal Swap
Univision is set to takeover the frequency of Classical 6kw WQXR-FM (96.3)/New York Thursday night at 8pm concluding the previously announced deal with the New York Times for $33.5 million. Concurrently, crosstown News/Talk WNYC-FM takes Univision's Tropical 600-watt WCAA-FM (105.9)'s equipment and license, and the right to the More

WRTO-AM/Chicago to Air Bulls Games in Spanish
The Chicago Bulls sign a partnership with Univision's WRTO-AM/Chicago to air 21 home games in Spanish this season. The first broadcast will be November 7, when the Charlotte Bobcats visit the Bulls at home. Omar Ramos (far left), afternoon drive host for Univision' WPPN-FM, will call play-by-play with Ozzie Guillen Jr. as More

FCC Denies Petitions Opposing WQXR/New York Sale
The FCC has rejected several informal objections and a petition to deny the transfer of New York Times-owned Classical WQXR-FM/New York to Univision's WADO License Corp. Those filing objections feared that the station sale might not preserve its Classical format in the listening area. However, the Commission said that it is More

Chuck Morgan Upped to AGM/Albuquerque GM
Tim Gannon has stepped down as General Manager of American General Media's eight radio outlets in Albuquerque and Santa Fe. Concurrently, Chuck Morgan is appointed GM of the cluster. Prior to joining AGM, Morgan served as VP/General Manager of Univision Radio's crosstown radio group. Before his move to Albuquerque, he was PD of More

Ray Rodriguez to Retire as Univision President/COO
Univision President/COO Ray Rodriguez, 58, will retire from the Spanish-language broadcaster at the end of the year, after nearly 20 years at the company. Cesar Conde, most recently Executive VP/Chief Strategy Officer, will become President of the Univision Networks, while CEO Joe Uva adds the role of President of Univision More

Entravision Q2 Revs Down 23%, Radio Drops 29%
Entravision posted a 23% drop in net revenue for the second quarter to $48.6 million from $62.9 million a year earlier. Operating income (OI) tumbled 51% to $7.7 million from $15.9 million. The company's radio unit saw revenues fall 29% to $16.9 million from $23.9 million. Net earnings fell to $1.82 million (2 cents per share) More

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Radio Stocks
Symbol Last Trade Change
ARB 22.28 +0.08
BBGI 3.60 +0.20
CBS-A 12.84 -0.52
CMLS 2.26 +0.01
DIS 30.01 -0.20
EMMS 1.11 -0.03
ETM 6.25 -0.11
EVC 2.22 -0.04
FSCI 16.59 -1.07
HRS 43.07 -0.28
JRN 3.74 +0.05
ROIA 2.975 +0.0056
RGCI 0.382 +0.022
SGA 12.64 +0.05
SALM 5.30 +0.26
SIRI 0.631 -0.0002
SBSA 0.70 +0.01
Updated as of: 11-20-09 6:53pm CT