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SMM Acquires 46 Pennsylvania Stations from Forever Media


Seven Mountains Media
Seven Mountains Media

Kristin Cantrell's Seven Mountains Media has agreed to acquire 34 stations and 12 translators in five Pennsylvania markets from her father Kerby Confer's Forever Media in a deal valued at $17.4 million, plus the assumption of debt. Included in the deal are stations in State College, Altoona, Johnstown, Meadville-Franklin, Meadville-Franklin and Lebanon -- all in Pennslyvania.

In order to comply with current FCC ownership limits, Seven Mountains is spinning off five stations in State College to COO Jim Loftus's Covenant Communications for $1 million.

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AM/FM, SiriusXM Index Highest In-Car, Edison Finds
Edison Research at SSRS
Edison Research at SSRS
AM/FM radio and SiriusXM each record their strongest listening performance in the car, while YouTube and audiobooks peak at home, according to the latest Share of Ear findings from Edison Research at SSRS. Streaming music and podcasts index highest in locations outside the home, car and workplace. More

Garth Brooks to Buy WRLT Nashville for $3 Million
WRLT (FM-100) Nashville
WRLT (FM-100) Nashville
Garth Brooks' The Sevens Network LLC has agreed to buy WRLT-FM (100.1) from Tuned-In Broadcasting for $3 million, pending FCC approval. Brooks plans to launch "FM-100," a Country station serving Nashville, while WRLT's current Adult Alternative format, "Lightning 100," will move to 106.3 FM after the sale More

iHeartMedia New York Names Dellilo Marketing Director
Danielle Dellilo
Danielle Dellilo
iHeartMedia New York has named Danielle Dellilo as Director of Marketing and Promotions, effective immediately. She will oversee marketing and promotions for the company's seven stations in the market and report to Joe De Angelis, Senior Vice President of Promotions. Dellilo has spent more than a decade More

Connoisseur Launches Hot AC Jackie 96.9 in Jackson
WJNT (Jackie 96.9) Jackson MS
WJNT (Jackie 96.9) Jackson MS
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WXMX Radiothon Raises Record $1.14 Million in Memphis
WXMX-FM (98.1 The Max) Memphis
WXMX-FM (98.1 The Max) Memphis
Cumulus Media Rock WXMX (98.1 The Max) Memphis raised a record $1,143,524 for Ronald McDonald House Charities of Memphis during its annual radiothon on Friday, November 6. It was the third consecutive year the one-day fundraiser topped $1 million. The station broadcast the radiothon live from 9am to 5pm, More

Urban One Q3 Revenue Falls 5% as Net Loss Widens
Urban One
Urban One
Urban One reported third-quarter net revenue of $88 million, down 5% from $92.7 million a year earlier. A $128.9 million impairment charge drove an operating loss of $126.6 million, compared with operating income of $2.5 million in the year-earlier quarter. The net loss More

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