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Lotus Closes on KFWB-AM/Los Angeles for $11.2M


Lotus Communications Corp. has closed on its previously announced acquisition of 5kW KFWB-AM (980)/Los Angeles from Universal Media Access KFWB-AM LLC for $11.2 million. Lotus is a California-based company headed by President/CEO Howard Kalmenson, and First Senior VP Jim Kalmenson, while UMA is a Delaware LLC company. Lotus also owns radio stations in Los Angeles, Las Vegas, Tucson, Fresno, Bakersfield, Reno and Sacramento, along with two television stations in Houston and Phoenix. Kalil & Co. brokered the transaction.

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UO Names McKay to Lead Atlanta, Abernethy to TX Role
Pam McKay and Doug Abernethy
Pam McKay and Doug Abernethy
Urban One appoints Pam McKay Vice President and Market Manager of its cluster in Atlanta. As VP/General Manager, she guided Urban One Houston through a successful period of transition. During her tenure there, McKay oversaw the integration of former Cox Radio outlets. In More

Island 106 Flips to ''105.9 The Wave'' in Panama City
WILN (105.9 The Wave) Panama City
WILN (105.9 The Wave) Panama City
JVC Broadcasting has extended its "The Wave" brand across the Florida Panhandle flipping CHR WILN-FM (Island 106) to "105.9 The Wave" in Panama City. The move follows the success of 102.1 The Wave in Fort Walton Beach. The new station features a playlist spanning the '70s through the 2000s. While both More

Report: Howard Stern Hints at Ownership in SiriusXM Talks
Howard Stern
Howard Stern
Howard Stern says he's in ongoing contract negotiations with SiriusXM and hinted that any new deal could involve some level of "ownership" in the company. The veteran broadcaster made the comments during an interview with fellow SiriusXM host Andy Cohen, as reported by The Hollywood Reporter. Stern, who More
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Power 99 Philadelphia Adds ''The Breakfast Club''
The Breakfast Club
The Breakfast Club
iHeartMedia Philadelphia's WUSL-FM (Power 99) will debut The Breakfast Club on Monday, October 13. The syndicated morning show will air weekdays from 6-10am. Hosted by Charlamagne Tha God, DJ Envy, and Jess Hilarious, The Breakfast Club reaches 6.6 million listeners monthly and has featured interviews with More

FNR's Guy Benson Shares Skin Cancer Diagnosis
Guy Benson
Guy Benson
FOX News Radio host and contributor Guy Benson revealed on "The Guy Benson Show" that he was recently diagnosed with an early-stage malignant melanoma, which has since been successfully removed. During Thursday's broadcast, Benson explained that doctors discovered the cancer after he noticed changes in a More

Beasley CFO Lauren Burrows Coleman to Exit, Ups Greening
Lauren Burrows Coleman
Lauren Burrows Coleman
Beasley Media Group Chief Financial Officer (CFO) Lauren Burrows Coleman is resigning from the company, less than a year after assuming the role. The move was disclosed in a Thursday filing with the Securities and Exchange Commission. According to the filing, Burrows Coleman's departure, effective More

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