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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

FCC Approves Cumulus Post-Bankruptcy Ownership Transfer
Cumulus Media
Cumulus Media
Cumulus Media has cleared a major regulatory hurdle toward emerging from Chapter 11 bankruptcy, with FCC records showing the broadcaster's applications to transfer control of its licenses to its post-reorganization shareholders have been granted. The approval follows an August 14 letter from Cumulus More

Joel Oxley to Receive NAB National Radio Award
Joel Oxley
Joel Oxley
Hubbard Radio Washington, DC President and General Manager Joel Oxley will receive the 2026 NAB National Radio Award, recognizing his more than three decades of leadership in the radio industry. The NAB announced the honor Thursday on National Radio Day. Oxley will receive the award during the 2026 NAB More

iHeart Study Finds Gen Z Turning to Radio for Connection
iHeartMedia
iHeartMedia
New research from iHeartMedia suggests Gen Z's desire for community and shared experiences is helping drive engagement with broadcast radio, particularly when young listeners are with friends and family. The study, conducted by Critical Mass Media, examined Gen Z's relationship with audio and found that More
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Mac Edwards to Step Down After 35 Years at Beasley
Mac Edwards
Mac Edwards
Beasley Media Group Vice President and Charlotte Market Manager Mac Edwards will step down September 4, concluding a 35-year career with the company. Edwards, who oversees Beasley's six-station Charlotte cluster, joined the company in 1991 following three years with Beta Broadcasting in Austin. He began his More

The Diamond Launches on WLMZ-HD3 Wilkes Barre
WLMZ-HD3 in Wilkes Barre PA
WLMZ-HD3 in Wilkes Barre PA
The Diamond, an Internet-based Hip-Hop and R&B outlet serving Northeast Pennsylvania, has expanded to terrestrial radio with its launch on WLMZ-FM-HD3 (102.3) in Wilkes Barre. The independently operated station is marking its move to the HD Radio signal with 500 hours of commercial-free music. Originally More

The Next Round Joins Clay Travis' Sport & State
The Next Round
The Next Round
The Next Round, the Birmingham-based digital sports platform hosted by veteran broadcasters Jim Dunaway, Ryan Brown and Lance Taylor, will join Clay Travis' Sport & State national digital media network beginning August 24. DBL Down Media announced the partnership More

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