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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.

Latest Radio Stories

AM/FM, SiriusXM Index Highest In-Car, Edison Finds
Edison Research at SSRS
Edison Research at SSRS
AM/FM radio and SiriusXM each record their strongest listening performance in the car, while YouTube and audiobooks peak at home, according to the latest Share of Ear findings from Edison Research at SSRS. Streaming music and podcasts index highest in locations outside the home, car and workplace. More

Garth Brooks to Buy WRLT Nashville for $3 Million
WRLT (FM-100) Nashville
WRLT (FM-100) Nashville
Garth Brooks' The Sevens Network LLC has agreed to buy WRLT-FM (100.1) from Tuned-In Broadcasting for $3 million, pending FCC approval. Brooks plans to launch "FM-100," a Country station serving Nashville, while WRLT's current Adult Alternative format, "Lightning 100," will move to 106.3 FM after the sale More

iHeartMedia New York Names Dellilo Marketing Director
Danielle Dellilo
Danielle Dellilo
iHeartMedia New York has named Danielle Dellilo as Director of Marketing and Promotions, effective immediately. She will oversee marketing and promotions for the company's seven stations in the market and report to Joe De Angelis, Senior Vice President of Promotions. Dellilo has spent more than a decade More

WXMX Radiothon Raises Record $1.14 Million in Memphis
WXMX-FM (98.1 The Max) Memphis
WXMX-FM (98.1 The Max) Memphis
Cumulus Media Rock WXMX (98.1 The Max) Memphis raised a record $1,143,524 for Ronald McDonald House Charities of Memphis during its annual radiothon on Friday, November 6. It was the third consecutive year the one-day fundraiser topped $1 million. The station broadcast the radiothon live from 9am to 5pm, More

Urban One Q3 Revenue Falls 5% as Net Loss Widens
Urban One
Urban One
Urban One reported third-quarter net revenue of $88 million, down 5% from $92.7 million a year earlier. A $128.9 million impairment charge drove an operating loss of $126.6 million, compared with operating income of $2.5 million in the year-earlier quarter. The net loss More

CMG Atlanta Names Cherish Geter Digital Media Director
Cherish Geter
Cherish Geter
Cox Media Group has named Cherish Geter Digital Media Director for its Atlanta radio cluster, which includes WSBB-FM (95.5 WSB), WSB-FM (B98.5), WSRV (97.1 The River) and WALR (Kiss 104.1). Geter will lead digital sales strategy, working with sales leadership on client campaigns, digital revenue growth More

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