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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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SBS Reaches Deal to Restructure Debt, Files Chapter 11
Spanish Broadcasting System (SBS)
Spanish Broadcasting System (SBS)
Spanish Broadcasting System (SBS) has entered into a restructuring support agreement with a group of bondholders holding more than 72% of its outstanding senior secured notes, outlining a plan to significantly reduce debt and reposition the company for long-term growth. Under the More

Beasley Broadcast Q4 Revenue Falls, Posts Large Loss
Beasley Media Group
Beasley Media Group
Beasley Broadcast Group reported a sharp decline in fourth quarter revenue and a significant net loss, driven largely by a major non-cash impairment charge, according to its latest financial filing. Net revenue for the fourth quarter ended December 31, 2025 fell 21.1% to $53.1 More

AM/FM Radio Leads In-Car Listening, Edison Says
Edison Research at SSRS
Edison Research at SSRS
AM/FM radio continues to dominate in-car audio listening despite growing competition from digital platforms, according to newly released Q1 2026 data from Edison Research at SSRS. The latest "Share of Ear" findings show that 55% of all in-car audio time among Americans age 13 and older is spent with More
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SuiteRadio Offers Stations Oil Well Giveaway
SuiteRadio
SuiteRadio
SuiteRadio is rolling out a new promotional contest for radio stations, offering listeners the chance to win a royalty interest in a producing oil and gas well. The Houston-based company says the "Oil Well Giveaway" provides participating stations with a market-exclusive More

Seaboard Adds ''Whip of Cords'' for Distribution
Whip of the Chords
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Newly launched Seaboard Networks has added "Whip of Cords with Matt Rhodes" to its programming lineup, offering the rock-based show to stations on a free, barter basis. The program blends multiple rock formats with an emphasis on delivering a positive message and is available to all radio outlets, More

Free Q2 Radio Sales Event Targets Revenue Growth
Rainmaker Pathway
Rainmaker Pathway
A free online radio sales event aimed at helping industry professionals boost revenue in the second quarter is set for this Thursday at 8 p.m. Eastern. The Q2 2026 Radio Sales Event will feature a roundtable discussion with revenue-focused guests including Kristen Cantrell, owner and More

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