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LAI Takes Control of Mapleton Communications


Lazard Alternative Investments, which partnered with Mapleton Communications in July, 2006, to finance new acquisitions, has reportedly taken control of the radio group. The lender plans to keep CEO Adam Nathanson and most of the management in place.

Lazard Alternative previously helped the broadcaster expand its West coast-based group by financing the purchase of ten stations in Chico and Redding, CA, from Regent Communications for $17.5 million.

Latest Radio Stories

iHeartMedia Q3 Revenue Rises 3.3% as Podcasts Gain
iHeartMedia
iHeartMedia
iHeartMedia reported third-quarter revenue of $1.03 billion, up 3.3% from a year earlier, as growth in podcasting and political advertising offset declines in broadcast and network revenue. Excluding political advertising, revenue rose 0.9%. The company posted operating income of $73 million, compared More

SiriusXM Names Tubi's Anjali Sud CEO, Succeeding Witz
Anjali Sud
Anjali Sud
SiriusXM has named Tubi CEO Anjali Sud its next Chief Executive Officer, effective January 1, 2027. She will succeed Jennifer Witz, who is stepping down after nearly six years as CEO and will remain an adviser to the company through the end of 2027. Sud has served as an independent director on SiriusXM's More

Crime Junkie, iHeart Lead October Podtrac Rankings
Podtrac
Podtrac
AudioChuck's "Crime Junkie" held the top spot in Podtrac's October 2026 U.S. podcast rankings, while iHeart Audience Network led the U.S. publisher and network chart with 64.3 million unique audience members and 294.7 million downloads and plays. The top five podcasts were unchanged from September. The More

Westwood One Blog Makes Case for Brand Building
Cumulus Media and Westwood One
Cumulus Media and Westwood One
Advertisers can generate stronger sales growth by pairing promotions that reach shoppers ready to buy with campaigns that build familiarity among future customers, according to a review of advertising effectiveness research by the Cumulus Media | Westwood One Audio Active Group. Chief Insights Officer More

FCC Chairman Carr Names Will Holloway Legal Advisor
Will Holloway
Will Holloway
FCC Chairman Brendan Carr has named Will Holloway a legal advisor in his office. Holloway most recently advised Commissioner Trusty, leading legal and policy analysis on wireless, space, international, engineering and technology, and public safety issues. "Will began his career at the FCC as an honors More

WTMX Team Helps Raise $311,121 to Fight Breast Cancer
WTMX-FM (101.9 The Mix) Chicago
WTMX-FM (101.9 The Mix) Chicago
WTMX-FM (101.9 The Mix) in Chicago says its "Men of the Mix" team helped raise $311,121 for the American Cancer Society's Men Wear Pink campaign, finishing first among Chicago teams in total funds raised. Now in its seventh year, the station's effort is led by "The Morning Mix" More

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