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La Promesa Foundation Buys Texas Radio Outlets


La Promesa Foundation, headed by President Leonard J. Oswald, has agreed to acquire KEES-AM (1430)/Gladewater, TX and FM translator K243CU (96.5)/Longview, TX from Salt of the Earth Broadcasting, headed by President Darrell E. Martin. The purchase price is $125,000 cash at closing. Media Broker John W. Saunders was the exclusive broker on the transaction.

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Latest Radio Stories

Report: Online Audio, Podcast Use Hit New Highs
Edison Research at SSRS
Edison Research at SSRS
Online audio and podcast consumption in the U.S. reached record levels in 2026, according to new data from Edison Research's annual "The Infinite Dial" study conducted with SSRS and supported by SiriusXM Media. The report found that 81% of Americans age 12 and older - an estimated 233 million people - More

Salem Media Cuts Q1 Loss, Revenue Declines
Salem Media
Salem Media
Salem Media reported a narrower net loss for the first quarter of 2026 as the company reduced operating expenses, though total revenue declined compared to the same period a year earlier. For the quarter ended March 31, Salem posted total net revenue of $45.9 million, down from $51.7 million in the first More

Matt Stockman to Exit Pillar Media as CPO
Matt Stockman
Matt Stockman
Pillar Media announced that Chief Programming Officer Matt Stockman will leave the organization on Aug. 31 following more than six years with the ministry. Stockman joined Pillar Media in 2020 and oversaw programming strategy and content development across the organization's media platforms. Executive More
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Dave Ryan to Retire From KDWB Morning Show
Dave Ryan
Dave Ryan
After 33 years waking up listeners in Minneapolis-St. Paul, Dave Ryan has announced his retirement from mornings at iHeartMedia's 101.3 KDWB. Ryan's final broadcast of "The Dave Ryan in the Morning Show" is scheduled for May 22, ending one of the longest-running morning shows in the Twin Cities market. More

Magellan AI Partners with Signal Hill Insights
Magellan AI
Magellan AI
Magellan AI has partnered with Signal Hill Insights to provide advertisers with combined brand lift and performance measurement for podcast advertising campaigns. The partnership integrates Signal Hill Insights' brand lift studies with Magellan AI's ad exposure and More

FAST Channels Gain Appeal Amid Subscription Fatigue
Audacy Insights
Audacy Insights
As consumers grow weary of juggling multiple streaming subscriptions, free ad-supported streaming television services, commonly known as FAST channels, are emerging as an increasingly attractive option for both viewers and advertisers, according to a new insights article from Audacy. In the article, More

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