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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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Court Denies Nielsen Rehearing Bid in Cumulus Case
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The U.S. Court of Appeals for the Second Circuit has denied Nielsen's request for rehearing in its legal battle with Cumulus Media, leaving intact the court's earlier ruling in favor of the broadcaster. In a one-page order issued August 18, the court denied Nielsen's petition for both panel rehearing and More

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Joel Oxley to Receive NAB National Radio Award
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Hubbard Radio Washington, DC President and General Manager Joel Oxley will receive the 2026 NAB National Radio Award, recognizing his more than three decades of leadership in the radio industry. The NAB announced the honor Thursday on National Radio Day. Oxley will receive the award during the 2026 NAB More

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FCC Approves Cumulus Post-Bankruptcy Ownership Transfer
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Cumulus Media has cleared a major regulatory hurdle toward emerging from Chapter 11 bankruptcy, with FCC records showing the broadcaster's applications to transfer control of its licenses to its post-reorganization shareholders have been granted. The approval follows an August 14 letter from Cumulus More

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