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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

AM Radio Bill Added to House Transportation Package
Radio Dial
Radio Dial
National Association of Broadcasters President and CEO Curtis LeGeyt praised the House Committee on Energy and Commerce for including the AM Radio for Every Vehicle Act in its surface transportation reauthorization package, marking another step forward for the bipartisan legislation More

Netflix to Stream ''The Breakfast Club'' Live Daily
''The Breakfast Club''
''The Breakfast Club''
iHeartMedia and Netflix announced that The Breakfast Club will begin streaming live daily on Netflix starting June 1, marking the platform's first weekday live daily program. The move expands the companies' previously announced video podcast partnership and brings the nationally syndicated radio show to a More

Johnjay & Rich's Noah Appears on ''The Price Is Right''
Johnjay & Rich's Noah on ''The Price Is Right''
Johnjay & Rich's Noah on ''The Price Is Right''
Fans of syndicated Johnjay & Rich Show got a surprise dose of daytime television recently when show personality Noah appeared as a contestant on "The Price Is Right." Noah was featured on the May 7 episode of the long-running CBS game show and advanced all the way to the Showcase Showdown, becoming one of More
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Christian Music Group Urges FCC to Keep FM Caps
Christian Music Trade Association (CMTA)
Christian Music Trade Association (CMTA)
The Christian Music Trade Association (CMTA) is urging the Federal Communications Commission to preserve existing local FM ownership limits while eliminating caps on AM station ownership as part of the agency's still-pending 2022 Quadrennial Review of broadcast ownership rules. More

American Ground Radio Debuts on WWRC/Washington DC
Salem Media
Salem Media
Salem Media announced that "American Ground Radio", hosted by Stephen Parr and Louis R. Avallone, has launched on WWRCM (AM 570 The Answer) in Washington, DC. The program now airs weekday mornings at 7am. ET and features political commentary, cultural discussion, humor, listener interaction, and interviews More

WKKT (96.9 THE KAT) in Charlotte Rolls Out New Lineup
WKKT (96.9 THE KAT) in Charlotte
WKKT (96.9 THE KAT) in Charlotte
New Country WKKT (96.9 THE KAT) in Charlotte has announced a revamped on air lineup. "Graham in the Morning" with Graham Bunn will start the day, followed by Kat Country veteran Sarah Lee, Eddie Foxx and "The Bobby Bones Show," with Ashley Wilson hosting a new music hour from 11pm-midnight. "We are More

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