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Pikes Peak Television Buys KRDO/Colorado Springs


Pikes Peak Television, a subsidiary of News-Press & Gazette Company, has agreed to purchase the assets of 1.6 kw News/Talk KRDO-FM (105.5) serving Colorado Springs, CO, from Optima Communications, Inc. for $2.5 million. The station's coverage also reaches Publeo, CO, with a city grade signal. Jody McCoy of Media Services Group's Colorado Springs office was the exclusive broker representing the seller in this transaction.

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Cumulus Media
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Cumulus Media reported first quarter 2026 results showing declines in revenue and adjusted earnings as the company continues through its Chapter 11 restructuring process. Net revenue for the quarter ended March 31 totaled $164.4 million, down 12.2% from $187.3 million in the same More

NAB Pushes Back on FCC Early License Renewal Move
National Association of Broadcasters (NAB)
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The National Association of Broadcasters (NAB) is raising concerns over a recent Federal Communications Commission (FCC) action requiring a broadcaster to seek early license renewals, warning the move could create uncertainty across the industry. In a statement, NAB President and CEO Curtis LeGeyt said More

Veteran Radio Programmer Kenny Woods to Retire
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Study: AM/FM Radio Dominates Chevy Driver Listening
Cumulus Media | Westwood One
Cumulus Media | Westwood One
A new analysis from Cumulus Media | Westwood One Audio Active Group highlights the continued dominance of AM/FM radio among Chevrolet drivers, based on newly released data from Edison Research's "Share of Ear" study. The report finds Chevrolet drivers spend 90% of their in-car ad-supported audio time More

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Beasley Broadcast Completes Debt Restructuring Deals
Beasley Media Group
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Beasley Broadcast Group announced it has completed its debt restructuring transactions following the expiration of its exchange offers. The company repurchased $15.9 million of its 11.000% Senior Secured First Lien Notes due 2028, leaving approximately $15 million outstanding. The More

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