Sun and Snow Station Trust returns Rock WHFX-FM (107.7 The Fox)/Brunswick, GA to iHeartMedia and its AMFM Radio Licenses. Earlier this month, the FCC approved a city of license change for co-owned Urban AC WSOL-FM (V101.5) from the Brunswick, GA market to Yulee, FL in the Jacksonville market. More

iHeartMedia Returns to NASDAQ, Stock Opens at $16.45

iHeartMedia returned to the public markets on Thursday, after emerging from bankruptcy earlier this year. The company's Class A shares, listed under the symbol "IHRT" on Nasdaq, opened at $16.45 and were down 1.8% in morning trading. In an 8K filing with the SEC earlier this week, iHeartMedia More

DAS Issues Guidance for August Mandatory National EAS Test

Digital Alert Systems

Digital Alert Systems has announced guidance ahead of the next National Periodic Test of the Emergency Alert System (EAS), scheduled for August 7 at 2:20pm ET. All broadcasters must participate in the test, which is conducted by the Federal Emergency Management More

Meruelo Media Closes on KLOS and KXOS in Los Angeles

Meruelo Media

Meruelo Media has closed on its purchase of Rock KLOS-FM (95.5)/Los Angeles from Cumulus Media and Regional Mexican KXOS-FM (93.9) from Grupo Radio Centro. KLOS and KXOS become the sixth and seventh stations in Meruelo Media's Los Angeles cluster, which includes More

Townsquare Media Filing with FCC Explains Ownership Changes

Townsquare Media

In a filing with the FCC, Townsquare Media, which is controlled by entities related to Oaktree Capital Group, revealed that Oaktree is in the process of implementing an merger agreement with Brookfield Asset Management, who is acquring 62% of Oaktree. The $4.8 More

Three Reps, One Senator Add Bipartisan Support for LRF Act

U.S. Congress

Three Members of the House of Representatives and one Senator have added their co-sponsorship to a resolution opposing "any new performance fee, tax, royalty, or other charge" on local broadcast radio stations. The Local Radio Freedom Act (LRFA), which signals Members of Congress's opposition to More

CEO Warshaw Leads Buyout of Perot From Connoisseur Media

Connoisseur Media

Connoisseur Media has completed a buyout in which members of management will now own substantially all of the company. This was the culmination of a series of strategic moves in which the company has also recently closed on transactions that added to its More

iHM Announces NASDAQ Listing, Preliminary Q2 Results

iHeartMedia

iHeartMedia has announced that NASDAQ Stock Market has approved the listing of the company's Class A common stock, par valued at $0.001 per share on the NASDAQ Global Select Market under the ticker symbol "IHRT." The Class A Shares are expected to begin trading on NASDAQ on July 18. In an 8K filing More

WWO, Audience Insights Release Spring 2019 Podcast Report

Westwood One

Westwood One is releasing the results of a new study focused on podcast consumers and their listening habits. WWO partnered with Canadian media research consultancy Audience Insights Inc. to utilize their Canadian Podcast Listener 2018 questionnaire for a major new study of the American podcast More

EMF Closes on Purchase of WWAC-FM (AC 102.7)/Alantic City

Educational Media Foundation

Educational Media Foundation (EMF) has closed its acquisition of 4.1kW CHR WWAC-FM (AC 102.7), licensed to Ocean City, NJ, and serving the Atlantic City-Cape May County market, from Longport Media LLC. EMF, headed by Alan Mason, owns more than 250 stations More

Alpha Media Closes on Buy of KEYU-FM in Amarillo TX

Alpha Media

Alpha Media has closed on its previously announced acquisition of 100kW Spanish KEYU-FM (102.9)/Amarillo, TX from Atlanta-based Gray Television. The buyer, Alpha Media, is an Oregon-based company headed by Bob Proffitt. Alpha Media also owns News KGNC-AM, Country KGNC-FM and Classic Hits KXGL-FM More

Jury Awards $2M to Sports USA in Breach of Contract Suit

Manatt, Phelps & Phillips secured a significant trial victory on behalf of Sports USA, an independent syndicator of radio live play-by-play. Manatt's Robert Platt, a senior litigation partner, represented Sports USA in Los Angeles Superior Court, where a jury More

Emmis Fiscal Q1 Radio Revs Flat, Pro Forma Radio Up 3%

Emmis Communications

Emmis Communications reported radio net revenues for the first fiscal quarter, ending May 31, were $26.4 million, yielding flat results over 2018. When considering radio station divestitures, pro forma Q1 radio revenues were up 3%, which matched the 3% growth in Emmis' markets. Station operating More

Nielsen Launches Podcast Listener Buying Power Service

Nielsen

Nielsen is launching the Nielsen Podcast Listener Buying Power Service from Nielsen Scarborough, with iHeartMedia, Cadence13, Sticher, Westwood One and cabana as charter clients. For the first time, clients will be able to profile shows using program titles More

KSBJ EF to Acquire KSHN-FM/Beaumont for $1.3 Million

KSBJ Educational Foundation

KSBJ Educational Foundation has agreed to acquire 26.5kW Oldies KSHN-FM, licensed to Liberty, TX and serving Beaumont-Port Arthur from Trinity River Valley Broadcasting for $1.3 million. KSBJ Educational Foundation is headed by Joe Paulo and has multiple broadcast More

Hubbard Radio/West Palm Beach Inks Deal with FAU Athletics

Hubbard Radio

Hubbard Radio/West Palm Beach and Florida Atlantic University Athletics have agreed to a 5-year contract beginning this football season. The deal makes FOX Sports Affiliate WMEN-AM (640 The Hurricane) the new flagship station for the FAU Owls. WMEN will now More