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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

iHeartMedia Q3 Revenue Rises 3.3% as Podcasts Gain
iHeartMedia
iHeartMedia
iHeartMedia reported third-quarter revenue of $1.03 billion, up 3.3% from a year earlier, as growth in podcasting and political advertising offset declines in broadcast and network revenue. Excluding political advertising, revenue rose 0.9%. The company posted operating income of $73 million, compared More

SiriusXM Names Tubi's Anjali Sud CEO, Succeeding Witz
Anjali Sud
Anjali Sud
SiriusXM has named Tubi CEO Anjali Sud its next Chief Executive Officer, effective January 1, 2027. She will succeed Jennifer Witz, who is stepping down after nearly six years as CEO and will remain an adviser to the company through the end of 2027. Sud has served as an independent director on SiriusXM's More

Crime Junkie, iHeart Lead October Podtrac Rankings
Podtrac
Podtrac
AudioChuck's "Crime Junkie" held the top spot in Podtrac's October 2026 U.S. podcast rankings, while iHeart Audience Network led the U.S. publisher and network chart with 64.3 million unique audience members and 294.7 million downloads and plays. The top five podcasts were unchanged from September. The More

MIW Opens Applications for Erica Farber Mentorship
Erica Farber
Erica Farber
Mentoring and Inspiring Women in Radio (MIW) has opened applications for the third annual Erica Farber Mentorship in Management Program, a year-long initiative designed to help women in radio advance into higher-level leadership positions. The program is exclusively sponsored by WideOrbit. The mentorship More

Westwood One Blog Makes Case for Brand Building
Cumulus Media and Westwood One
Cumulus Media and Westwood One
Advertisers can generate stronger sales growth by pairing promotions that reach shoppers ready to buy with campaigns that build familiarity among future customers, according to a review of advertising effectiveness research by the Cumulus Media | Westwood One Audio Active Group. Chief Insights Officer More

Podcast Ad Spending Rises 18% in Q3, Says Magellan AI
Magellan AI
Magellan AI
Podcast advertising spending increased 18% year-over-year in the third quarter of 2026, according to Magellan AI's latest Podcast Advertising Benchmark Report. Despite the annual growth, spending declined 1% from the second quarter as advertisers pulled back during July and August before More

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