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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.

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Latest Radio Stories

Urban One Names Yonni Rude Dallas Operations Manager
Yonni Rude
Yonni Rude
Urban One Dallas has named Yonni Rude Operations Manager, overseeing programming for the company's three Dallas-Fort Worth radio brands: KBFB (97.9 The Beat), KRNB (Smooth 105.7) and KKDA (K104). Rude moves to Dallas after spending the past three years as Program Director for Urban One's Houston stations More

Cedar Basin Media to Acquire Six Iowa Signals
Civic Media
Civic Media
Cedar Basin Media, a new unit of Civic Media, has reached an agreement to acquire six radio signals in Cedar Rapids and Waterloo, IA, from NRG Media. An application seeking approval of the transaction will be filed with the FCC. The deal includes Cedar Rapids stations KFMW-FM More

WMMB Host Bill Mick Retires After 25-Plus Years
Bill Mick
Bill Mick
Longtime Space Coast radio personality Bill Mick is retiring from iHeartMedia's WMMB (92.7 WMMB), concluding more than 25 years on the air in Melbourne, FL. His final edition of "Bill Mick LIVE" airs Friday, September 18. Mick began his Space Coast radio career in 1998 and took over mornings at WMEL in More
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NABLF Names 2027 Broadcast Leadership Training Class
NAB Leadership Foundation (NABLF)
NAB Leadership Foundation (NABLF)
The NAB Leadership Foundation (NABLF) has announced the 2027 class of its Broadcast Leadership Training (BLT) program, selecting 15 radio and television professionals for the industry leadership development initiative. For more than 25 years, BLT has prepared nearly 450 senior More

FCC Issues WSDS Notice Over EAS, Power Violations
Federal Communications Commission (FCC)
Federal Communications Commission (FCC)
The FCC's Enforcement Bureau has issued a Notice of Violation to Vazquez Broadcasting Corporation, licensee of WSDS-AM in Salem Township-Ypsilanti, MI, citing multiple violations involving Emergency Alert System monitoring, operating power and the station's directional antenna system. The notice, More

Second Circuit Stays Cumulus-Nielsen Enforcement Order
Nielsen and Cumulus Media
Nielsen and Cumulus Media
The U.S. Court of Appeals for the Second Circuit has granted Nielsen a stay pending appeal of a federal judge's order requiring the ratings company to offer its Nationwide radio ratings product to Cumulus Media on commercially reasonable terms or face sanctions of $50,000 per day. The September 16 ruling More

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