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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

Rick Thomas Joins Malama Media as Programming SVP
Rick Thomas
Rick Thomas
Malama Media Group has named veteran radio programmer Rick Thomas as Senior Vice President of Programming, overseeing the company's Hawaii radio cluster and helping shape programming strategies for future acquisitions. He officially joined the company on August 25. Thomas returns to Hawaii after a career More

Dolly Parton Dies at 80 After Brief Cancer Battle
Dolly Parton
Dolly Parton
Country music legend Dolly Parton, whose songs, unmistakable voice and larger-than-life personality made her one of the most beloved entertainers of her generation, died Tuesday, August 25, in Nashville following a brief battle with cancer. She was 80. Parton's representatives confirmed that she died at More

Audacy: Hometown Voices Drive Sports Audio Growth
Audacy Insights
Audacy Insights
Sports fans have more ways than ever to follow their favorite teams, but Audacy says the growing accessibility of local radio play-by-play is giving the traditional "hometown voice" a renewed role in how audiences experience live sports. In a new Audacy Insights report, the company points to changing More
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Beasley Regains Compliance with Nasdaq Listing Rule
Beasley Broadcast Group
Beasley Broadcast Group
Beasley Broadcast Group has regained compliance with Nasdaq's minimum stockholders' equity requirement, resolving a listing issue disclosed earlier this year. In an SEC Form 8-K filing, Beasley said it received written notice from the Nasdaq Listing Qualifications Department on August 19 confirming that More

Karen Munoz Joins Rumba 106.1 for Afternoon Drive
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Karen Munoz
iHeartMedia Philadelphia has named veteran Spanish-language radio personality Karen Munoz as afternoon co-host on WISX-FM (Rumba 106.1), joining Jonathan Tineo, also known as Deejay Jonathan. She begins Monday, August 31. In addition to afternoons, Munoz will host a Saturday show from 2-5pm. She will report More

MaxxKonnect Launches StationGuard Monitoring Suite
MaxxKonnect
MaxxKonnect
MaxxKonnect has launched StationGuard, a modular software suite designed to monitor broadcast program audio, online streams and over-the-air signals and alert station personnel when problems occur. StationGuard is the first product released under the company's MonitorMaxx banner. More

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