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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

Erik Bradley Named Brand Manager of 98.7 The Spot
Erik Bradley
Erik Bradley
Audacy has appoinnted Erik Bradley Brand Manager of KSPF-FM (98.7 The Spot) in Dallas. In the role, Bradley will oversee the station's content strategy, talent, operations and branding for the classic hits outlet. Bradley will continue to hold several other positions within Audacy, including Brand Manager of More

Lotus Names Adams GM, Connell Ops Director in Seattle
Andrew Adams and Jeff Connell
Andrew Adams and Jeff Connell
Lotus has appointed Andrew Adams as General Manager of its Seattle cluster and Jeff Connell as Director of Operations & Brand Management. Adams will oversee the company's three Seattle stations, including KVI-AM, KNWN AM-FM, and KPLZ-FM. According to Chief Operating Officer Jim Kalmenson, More

Urban One Reports Q4 Revenue Decline, Wider Loss
Urban One
Urban One
Urban One reported lower revenue and a wider loss in the fourth quarter of 2025, reflecting weaker advertising demand and the absence of political advertising seen in the prior year. For the three months ended December 31, 2025, the Silver Spring, MD-based media company posted net More
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Podcast, Online Audio Use Hit New Highs in U.S.
Edison Research at SSRS
Edison Research at SSRS
Podcast and online audio consumption in the U.S. have reached record levels, according to The Infinite Dial 2026 study released by Edison Research at SSRS with support from SiriusXM Media. The annual report, presented by Edison Research Vice President Megan Lazovick alongside Podnews editor James More

iHeartMedia Launches TikTok Radio on 28 Stations
TikTok Radio
TikTok Radio
iHeartMedia and TikTok have partnered to launch TikTok Radio from iHeart, a new music and culture station that blends trending songs with the creators and viral moments driving discovery on TikTok. The fast-paced format will debut March 13 on the free iHeartRadio app and across 28 stations More

Saga Reports Q4 Loss on Impairment Charge
Saga Communications
Saga Communications
Saga Communications reported a net loss in the fourth quarter and for the full year 2025, driven largely by a sizable impairment charge related to goodwill and FCC license values. For the fourth quarter ended December 31, 2025, Saga reported net revenue of $26.5 million, down More

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