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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

Lee Harris Exits WABC, Worldwide News Network
Lee Harris
Lee Harris
Veteran broadcaster Lee Harris is leaving Red Apple Media less than three months after joining the company to help launch the Worldwide News Network. Harris joined Red Apple Media in May as Vice President of News for the Worldwide News Network, which launched May 23 following the shutdown of CBS News More

Beasley Q2 Revenue Falls, Adjusted EBITDA Rises
Beasley Broadcast Group
Beasley Broadcast Group
Beasley Broadcast Group reported second-quarter 2026 net revenue of $44.1 million, down from $53.0 million a year earlier, while Adjusted EBITDA increased to $5.3 million from $4.7 million. On a same-station basis, revenue declined 9.6%, reflecting continued weakness in traditional national and local More

Streaming Music Surpasses Radio in Daily Music Reach
Edison Research at SSRS
Edison Research at SSRS
Streaming music has surpassed AM/FM radio in daily music reach among Americans age 13 and older, according to the latest Share of Ear study from Edison Research at SSRS. As of the second quarter of 2026, 46% of Americans 13 listen to streaming music on a typical day, compared with 43% who listen to music More
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Salem Media Narrows Q2 Loss as Revenue Falls 15%
Salem Media
Salem Media
Salem Media reported a sharply reduced net loss for the second quarter of 2026 despite a 15% decline in revenue, as lower operating expenses and impairment charges helped improve the company's bottom line. For the three months ended June 30, Salem posted total net revenue of $45.9 million, down 15.2% More

Townsquare Partners With Muirfield on Digital Ads
Townsquare Media
Townsquare Media
Townsquare Media has entered into a strategic digital advertising partnership with Muirfield Broadcasting, expanding its Media Partnerships division to 16 alliances covering 41 additional markets outside of Townsquare's owned-and-operated footprint. Muirfield Broadcasting More

Bay Rock Launches as Baltimore Classic Rock
Bay Rock
Bay Rock
Seaboard Networks has launched Bay Rock - Baltimore's Classic Rock, a new digital station designed to keep the format available in the market following WZBA's move from Classic Rock to Christian programming. Bay Rock is available around the clock through its website and is already streaming through the More

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