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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

iHeart Q1 Revenue Up on Digital, Podcast Gains
iHeartMedia
iHeartMedia
iHeartMedia reported first quarter 2026 results showing revenue growth driven by its digital audio and podcasting businesses, despite declines in profitability and continued pressure on cash flow. The company posted total revenue of $884 million for the quarter ended March 31, up 9.6% from a year More

FCC Sets FM Auction for Early 2027 with 132 CPs
Federal Communications Commission (FCC)
Federal Communications Commission (FCC)
The Federal Communications Commission has announced plans to hold an auction of FM radio construction permits beginning in February 2027, marking the first such auction since its authority to conduct them was restored. The auction, designated Auction 114, will make 132 FM construction permits available More

Townsquare Media Q1 Revenue Slips as Digital Grows
Townsquare Media
Townsquare Media
Townsquare Media reported first quarter 2026 results showing a slight decline in overall revenue, while its digital business continued to expand and account for a growing share of the company's operations. Net revenue for the quarter ended March 31 totaled $96.8 million, down 1.9% year-over-year. More
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99.1 The Mix Ups Brett Andrews to Brand Manager
Brett Andrews
Brett Andrews
Audacy Wisconsin has elevated Brett Andrews to Brand Manager of WMYX-FM (99.1 The Mix) in Milwaukee. He takes on this new leadership role while continuing to serve as the Brand Manager for WMHX-FM (Mix 105.1) in Madison and Assistant Brand Manager for WXSS-FM (103.7 KISS FM) in Milwaukee. Andrews can More

Study: Radio Steps In When Billboards Sell Out
Cumulus media and Westwood One
Cumulus media and Westwood One
A new blog post from Cumulus Media | Westwood One's Audio Active Group highlights how one advertiser shifted a major outdoor advertising budget to AM/FM radio after key billboard inventory sold out, underscoring radio's continued strength in reaching in-car audiences. According to the report by Chief More

News Radio KBNW Launches in Spokane WA
News Radio KBNW (107.1 FM & 1230 AM)
News Radio KBNW (107.1 FM & 1230 AM)
A new locally owned News/Talk station has launched in the Inland Northwest, with News Radio KBNW (107.1 FM & 1230 AM) now serving the Spokane and Coeur d'Alene, WA. The station is simulcast on KBNW-FM and KSBN-AM and is focused on delivering live, local news, traffic and weather. KBNW is led by Keith More

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