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Relevant Radio to Acquire 20 Stations from Salem Media Group
Relevant Radio
Relevant Radio
Relevant Radio has agreed to acquire twenty stations in ten markets across the U.S. from Salem Media Group for $16.95 million. Included in the deal are outlets in Atlanta, Boston, Denver, Dallas, Houston, Miami, San Antonio, St. Louis, Tampa and Youngstown, OH. SMG had said earlier that it would More

FCC Settles Investigations Over the Misuse of EAS Tones
FCC
FCC
The FCC's Enforcement Bureau has announced a settlement with Meruelo Radio Holdings after the morning show on KDAY and KDEY/Los Angeles aired actual or simulated alert EAS tones in violation of the Commission's rules. The agency also reached settlements with a TV More

NAB Launches 2019 Members of Congress Radio/TV PSAs
NAB
NAB
Public service announcements (PSAs) featuring members of Congress have been distributed to radio and television stations across the country through the 2019 NAB Congressional PSA Campaign. The program invites members of Congress and their families to be featured in free, professionally-produced More

Auto, Insurance Advertisers Rise in First Part of 2019
Media Monitors
Media Monitors
There's definitely a car theme running through the latest advertiser rankings in radio, TV and cable. Just past the halfway mark of 2019, the top advertising categories are all related to driving: automotive dealers, insurance providers and fast casual-quick More

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iHeartMedia Q2 Revs Up 2.4% to $913.3 Million, Earnings Down
iHeartMedia
iHeartMedia
After emerging from Chapter 11 on May 1, 2019 with a streamlined capital structure, iHeartMedia reported second quarter revenue grew 2.4% to $913.3 million from $891 million in 2018. Excluding political revenue, revenue increased 3.9%. Digital revenue grew 32.8% year-over-year, while operating More

NAB Opposes Petitions for Reconsideration of LPFM Rules
National Association of Broadcasters
National Association of Broadcasters
The National Association of Broadcasters is opposing the Petitions for Reconsideration filed by certain low power FM (LPFM) radio advocates of the Commission's recent order streamlining its rules regarding FM translator interference. The trade group says that "instead of raising any new evidence or More

Univision Q2 Total Revenues Down 3%, Radio Falls 4.6%
Univision
Univision
Univision Communications second quarter total revenues declined 4% to $701.7 million from $730.9 million in 2018. Radio revenues were also down 4.6% to $61.7 million from $64.7 million, while radio advertising revenue decreased 6.2% to $57.9 million from $61.7 million. Core radio ad revenue fell More

Seven Mountains Agrees to Acquire Three in Stroudsburg PA
Seven Mountains Media
Seven Mountains Media
Seven Mountains Media has agreed to acquire 0.43kW AC WSBG-FM (93.5), 0.25 kW Sports WVPO-AM and its companion translator W276DG (103.1) in Stroudsburg, PA, from Connoisseur Media. Terms were not immediately disclosed. Kristen Cantrell heads Seven Mountains and More

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Podtrac Earns IAB Tech Lab Podcast Measurement Compliance
Podtrac
Podtrac
Podtrac, a podcast analytics firm, announces that the IAB Tech Lab has officially verified Podtrac's podcast measurement system as compliant with the IAB Podcast Measurement Technical Guidelines Version 2.0. Podtrac provides the industry with podcast audience counts through a redirect that are More

Triton Secures IAB Tech Lab Podcast Measurement Compliance
Triton Digital
Triton Digital
Triton Digital announced Tuesday that it is among the first companies to secure the IAB Tech Lab Podcast Measurement Compliance verification. Triton's Podcast Metrics as for analyzing how, when and where podcast content is being consumed across multiple hosting More

SBS Q2 Consolidated Net Revenue Up 6%, Loss Narrows
Spanish Broadcasting System
Spanish Broadcasting System
Spanish Broadcasting System reported second quarter consolidated net revenue grew 6% to $36.9 million from $34.8 million in 2018. Radio segment net revenue increased 5% to $32.9 million from $31.2 million, mainly due to increases in local, barter, network and More

Hudson MX Announces Launch of BuyerAssist for Local Radio
Hudson MX
Hudson MX
On the heels of the recent launch of its local TV offering, Hudson MX launches its local radio buying platform. Hudson MX provides local buyers workflow software that allows targeted buys at scale with precision. Entercom joins as the first AgencyCloud partner, More

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Cumulus Media Q2 Net Revenues Down 2% to $279.6 Million
Cumulus Media
Cumulus Media
Cumulus Media reported second quarter net revenues fell 2% to $279.6 million (successor company) from $285.2 million (predecessor company) in 2018. On a same station basis, including the impact of political revenue, net revenue grew 0.7%. Adjusted EBITDA fell 6.8% to $61.8 million from $66.3 More

Nielsen, Backyard Broadcasting Announce Multi-Year Deal
Nielsen Audio
Nielsen Audio
Nielsen and Backyard Broadcasting have reached a multi-year agreement for Nielsen Audio measurement. This agreement encompasses all of Nielsen's local syndicated products and services available to mid-market radio broadcasters. The announcement comes on the heels More

Salem Media Group Q2 Revenues Decline 2.4%, Loss Widens
Salem Media Group
Salem Media Group
Salem Media Group reported second quarter consolidated total revenue declined 2.4% to $64.7 million from $66.3 million. Net broadcast revenue fell 2.9% to $49.1 million from $50.6 million, while station operating income (SOI) was down 14.6% to $11.4 million from More

Entercom Q2 Net Revenues Climb 3.2% to $380.7 Million
Entercom
Entercom
Entercom Communications reported second quarter net revenues grew 3.2% to $380.7 million from $372.1 million in 2018. Total operating expense was down to $315.9 million from $344.6 million, while operating income was $64.8 million as compared to $27.6 million. Adjusted EBITDA climbed 7% to $87.6 More

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Quick Snaps
Yea Networks: The Kidd Kraddick Morning Show took the opportunity to spread out across four of their affiliate markets last week for a Thursday Meet-Up with thousands of KiddNation members. Co-host Big Al Mack visited WDOD (Hits 96) in Chattanooga, TN, on August 8, where he was the guest of honor at the Chattanooga Lookouts baseball game. L-R: Big Al Mack and Brantley Bell of the Chattanooga Lookouts.

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