Home Login
Subscribe
Subscribe Online Renew Subscription Subscribe By Mail/Fax Free Ten Day Trial Subscription Info Buy Radio Station Data
RADIO ONLINE
Advertise
Buy Advertising Online Ad Package Information Ad Package FAQs Ad Control Panel Ad Setup Wizard
RSS Facebook
Daily News
Changes & Moves
Top News
Business News
FCC Daily Digests
FCC News
Newsletters
Report News
RSS
Advertisement

Lenders Assume Control of Border Media Partners


A group of lenders has taken over Border Media Partners. In a filing with the FCC, the lenders say the takeover was "amicable" and that the broadcast group had not made loan payments in nearly two years. Larry Patrick is named as trustee to operate the newly-created Border Media Business Trust. BMP CEO Jeff Hinson will exit Friday.

Patrick operates Patrick Communications and he will have 100% voting control while the stations are sold. Moving BMP's stations into the trust "resolves the liquidity crisis" affecting the station owner as well as the "orderly sale" of its 22 radio outlets says a forbearance agreement.

Advertisement

Latest Radio Stories

Radio Ad Responders Spend More, Katz Analysis Finds
Katz Radio Group
Katz Radio Group
A new analysis from Katz Radio Group underscores the high value of radio-ad-influenced consumers, revealing they are more likely to spend across multiple categories than both the average U.S. adult and other ad-influenced adults. Drawing from recent Nielsen Scarborough data, Katz More

Saga Communications Q1 2025 Net Revenue Down 4.3%
Saga Communications
Saga Communications
Saga Communications reported a 4.3% decrease in net revenue for the first quarter of 2025, totaling $24.2 million, compared to $25.3 million in the same period last year. The company posted a net loss of $1.6 million for the quarter, matching its Q1 2024 loss, with a diluted loss per More

Entravision Reports 17% Revenue Growth in Q1 2025
Entravision
Entravision
Entravision Communications Corporation reported a 17% year-over-year increase in consolidated net revenue for the first quarter of 2025, driven by strong gains in its Advertising Technology & Services segment. The company's Media segment, however, saw a 10% decline in revenue, contributing to an overall More
Advertisement

Jenny Valliere Returns to Middays on 101.9 The Mix
Jenny Valliere
Jenny Valliere
Jenny (Jenny V) Valliere is shifting back to middays at WTMX-FM (101.9 The Mix) in Chicago, following the exit of longtime host Lisa Allen, who departed the station last month amid staff reductions at Hubbard Radio. Valliere will now be heard weekdays from 10am-2pm while continuing in her role as More

Townsquare Media Tops First Quarter EBITDA Forecasts
Townsquare Media
Townsquare Media
Townsquare Media reported first quarter 2025 financial results that met or exceeded expectations, driven by strength in its digital operations. Despite a slight year-over-year dip in total revenue, the company posted increased profitability and reaffirmed its full-year guidance. More

Audacy Launches its First-Ever National Women's Sports Show
She's Got Next with Jordan Robinson
She's Got Next with Jordan Robinson
Audacy has announced the debut of "She's Got Next with Jordan Robinson," the company's first nationally broadcast radio show devoted exclusively to women's sports. The new program, hosted by journalist Jordan Robinson, will premiere on May 9 across 27 Audacy Sports outlets and will also be available as a More

Return to Menu

Advertisement

Subscribe to our Newsletter
Radio news and headlines delivered right to your e-mail box -- and it's free.

Advertisement

Advertisement

Follow us on:

 RSS Facebook

Copyright © 1989-2025 RADIO ONLINE ®

Airchecks Databases Jobs Newsletters Promotions Radio News Ratings Show Prep Advertise Submissions Subscribe Contact Us