Ocean State Media has reached an agreement to acquire WVEI-FM (103.7) in Westerly, RI, a move that would allow the public media organization to consolidate its radio operations onto a single statewide FM signal, pending approval from the FCC. The station is being acquired from More

NAB Urges FCC to Scrap Outdated Local Ownership Caps

National Association of Broadcasters (NAB)

The National Association of Broadcasters (NAB) has filed reply comments with the Federal Communications Commission urging the agency to modernize local radio and television ownership rules it says no longer reflect today's media marketplace. In its filing in the FCC's 2022 Quadrennial Regulatory Review, More

Urban One Sets 10-for-1 Reverse Stock Split

Urban One

Urban One said its board has approved a 10-for-1 reverse stock split covering all classes of its common stock, including the publicly traded Class A and Class D shares. Stockholders had previously authorized the move on June 18, 2025, granting the board discretion on the final ratio. More

Local Radio Drives $437B, Supports 909K U.S. Jobs

Wood & Poole Economics and BIA

A new economic study finds that free, local radio remains a powerful engine of the U.S. economy, generating $437 billion in annual GDP and supporting more than 909,000 jobs nationwide, underscoring radio's role as essential infrastructure in communities across the country. The analysis, conducted by More

Court Blocks Nielsen Tying Policy in Cumulus Suit

Cumulus Media and Nielsen

A federal judge in New York has issued a preliminary injunction barring The Nielsen Company from enforcing policies that tie national radio ratings data to the purchase of local market ratings, handing an early win to Cumulus Media New Holdings in a closely watched antitrust dispute. In a January 8 More

Civic Media to Acquire WNOV 860, Milwaukee Courier

Civic Media

Civic Media has agreed to acquire heritage Urban News/Talk WNOV (860/106.5) in Milwaukee along with the weekly Milwaukee Courier newspaper, assuming responsibility for station programming and newspaper publication on January 1. As part of the transition, current WNOV owner Mary More

Saga Communications Repurchases 184,215 Shares

Saga Communications

Saga Communications has completed a privately negotiated stock repurchase, buying back 184,215 shares of its common stock for approximately $2.1 million, or $11.50 per share. The repurchased shares represent about 2.8% of Saga's outstanding common stock, based on 6,556,621 shares More

Urban One Completes Debt Exchange and Tender Offers

Urban One

Urban One Inc. announced the expiration and final results of its previously disclosed exchange, tender and subscription offers involving its outstanding 7.375% Senior Secured Notes due 2028. As of 5pm ET on December 15, eligible holders tendered approximately $476.0 million in More

iHeartMedia Shares Spike as Meme-Stock Fever Hits IHRT

iHeartMedia

iHeartMedia became the latest radio broadcaster to be swept into a wave of social-media-fueled trading on Thursday, with shares jumping as much as 11.5% in afternoon trading amid heavy attention from online investor groups. According to TradingView, iHeartMedia (IHRT) saw a sharp burst of volume as More

Beasley Stock Soars Amid Meme Frenzy, Trading Halts

Beasley Media Group

Beasley Broadcast Group (BBGI) is once again displaying classic "meme stock" behavior, with retail investors and online speculators driving massive, rapid swings in its share price despite ongoing financial challenges at the company. The stock surged over 256% by late morning, More

Urban One Moves Ahead With Indenture Changes for 2028 Notes

Urban One

Urban One has executed a supplemental indenture tied to its ongoing exchange offer for its 7.375% senior secured notes due 2028, according to an 8-K filing submitted to the SEC. The agreement, dated December 3, becomes operative only if the company completes its previously announced More

SBS Posts Lower Q3 Revs, Sees 2025 Strong Sequential Gains

Spanish Broadcasting System (SBS)

Spanish Broadcasting System (SBS) reported third-quarter 2025 financial results on Wednesday, highlighting improved performance compared to earlier this year despite continued softness in the broader advertising market. The company said sequential gains in revenue, Station Operating More

Urban One Reports 92% Early Tender in Debt Exchange

Urban One

Urban One Inc. says it has received overwhelming early support for its previously announced debt exchange, tender, and subscription offers, with Eligible Holders tendering approximately $450 million of its 7.375% Senior Secured Notes due 2028 as of the early deadline on December 1. More

Usher Media to Acquire Six NRG Stations in Central NE

NRG Media

A new ownership chapter is on the horizon for several Central Nebraska radio stations, as NRG Media has signed an agreement to sell six of its properties to Usher Media LLC. An application for FCC approval has been filed for the transfer of KGFW-AM, KQKY-FM, KRNY-FM, and K241CN-FX in More

Connoisseur Sells MN & SD Stations to Christensen

Connoisseur Media

Connoisseur Media has reached an agreement to sell its stations in Luverne, MN and Madison, SD to two entities under Christensen Broadcasting. Christensen Broadcasting LUV LLC will acquire KLQL-FM and KQAD-AM in Luverne, while Christensen Broadcast Group, Inc. will take ownership of KJAM-FM and KJAM-AM in More

MediaCo Reports Strong Q3 Revenue Gains

MediaCo

MediaCo Holding Inc., owner of WQHT (Hot 97) and WBLS/New York, posted higher revenues and a return to positive adjusted EBITDA in the third quarter of 2025, driven by gains from the April 2024 Estrella acquisition and continued growth across its audio, video, and digital businesses. More

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