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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

Senate Sets Sept. 17 Hearing for FCC Nominee
Danielle Thumann Severs
Danielle Thumann Severs
The Senate Commerce Committee will hold a nomination hearing September 17 for Danielle Thumann Severs, President Donald Trump's nominee to fill a vacant seat on the Federal Communications Commission. The hearing is scheduled for 10:30am ET in the Russell Senate Office Building. Trump formally submitted More

WGTS Names Chobotar Chief Administrative Officer
Todd Chobotar
Todd Chobotar
WGTS 91.9 in Washington, DC, has named Todd Chobotar as its next Chief Administrative Officer, effective October 26. He succeeds Kelly Carvalho, who left the Chief Administrative Officer position in May to pursue another opportunity. Chobotar will join the leadership team of Atlantic Gateway Communications, More

Audacy Launches NFC North Weekly Sports Show
''Inside the North''
''Inside the North''
Audacy has launched "Inside the North," a new weekly one-hour sports show devoted to the NFL's NFC North and its four teams: the Chicago Bears, Detroit Lions, Green Bay Packers and Minnesota Vikings. The program will be hosted by 104.3 The Score morning co-host David Haugh and feature a panel of former More
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Former HOT 97 Host Buc Wild Dies at 47
Timothy ''Buc Wild'' Joseph
Timothy ''Buc Wild'' Joseph
Timothy "Buc Wild" Joseph, the former HOT 97 New York personality best known as co-host of the "Star & Buc Wild" radio show, has died at age 47. His longtime friend and former co-host Star announced Joseph's death during a YouTube livestream on Wednesday. Star said Joseph died Sunday at the Pink Houses More

MaxxKonnect Launches FCC Password Generator
MaxxKonnect
MaxxKonnect
MaxxKonnect has launched a free web-based password generator designed to help radio and television broadcasters meet new FCC cybersecurity requirements for certain broadcast equipment. The requirements were adopted as part of FCC 26-38 and added to Section 11.35(d) of the More

NAB Marks 25 Years Since 9/11 With Broadcasters
NAB Marks 25 Years Since 9/11 With Broadcasters
NAB Marks 25 Years Since 9/11 With Broadcasters
The National Association of Broadcasters is marking the 25th anniversary of the September 11 attacks with a new episode of its "AirTime" podcast examining the role local broadcasters played during the attacks and their continuing responsibility during emergencies. The episode More

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