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Radio Business News

Civic Media Expands in Milwaukee with WZTI-AM Deal

Civic Media

Civic Media is expanding its footprint in Wisconsin with the acquisition of WZTI-AM (1290) and two FM translators in Milwaukee from the Milwaukee Radio Alliance. Pending equipment installation and engineering coordination, the new outlets are expected to relaunch on Wednesday, More

FCC Issues Six-Figure Fines Against MA, NJ Pirates

Federal Communications Commission (FCC)

The Federal Communications Commission has levied significant penalties against two unlicensed radio operators in separate enforcement actions, continuing its crackdown under the PIRATE Act. In Massachusetts, the Commission proposed a $60,000 fine against Radio Energy, Inc. and its president Pelege More

FCC to Review Local Radio Ownership in Quadrennial Review

Federal Communications Commission (FCC)

The Federal Communications Commission will take up its long-delayed 2022 Quadrennial Regulatory Review at its September 30 Open Commission Meeting, with a focus on whether to retain, modify, or eliminate key broadcast ownership rules. Among them is the Local Radio Ownership Rule, which restricts the number More

Connoisseur Media Closes Acquisition of Alpha Media

Connoisseur Media

Connoisseur Media has completed its acquisition of Alpha Media, a deal approved by the FCC on August 13. The transaction adds Alpha's 205 radio stations to Connoisseur's existing Connecticut and Long Island holdings, expanding the company's portfolio to 216 stations in 47 markets nationwide. With the deal More

RAB to Spotlight Financial Services in Presentation

Radio Advertising Bureau (RAB)

The Radio Advertising Bureau (RAB) will continue its ongoing "Radio Works" initiative with a new presentation designed to help radio sellers and managers strengthen relationships with financial services advertisers. The session, titled "Radio Works for Financial Services," will highlight how local radio More

SBS Reports Q2 Net Loss of $4.4M, Revs Down 14%

Spanish Broadcasting System (SBS)

Spanish Broadcasting System reported a net loss of $4.4 million for the second quarter ended June 30, 2025, compared to a net loss of $346,000 in the same quarter last year. The company cited a continued decline in advertising revenue, an impairment charge, and macroeconomic More

Oxford Road Issues ''State of Audio Advertising 2025''

Oxford Road

Oxford Road unveiled its State of Audio Advertising 2025 report during the third annual Chief Audio Officer Summit, highlighting both the rapid growth and ongoing challenges facing the podcast and audio advertising ecosystem. The report shows that U.S. podcast ad spend is projected to reach $2.55 billion in More

Podcast Consumers Actively Engage with Video Content

Edison Research

Edison Research is spotlighting the growing importance of video podcasts in attracting and retaining audiences, according to new data shared last week at Podcast Movement 2025. Senior Director Gabriel Soto presented findings from Edison Podcast Metrics that compared listening habits between two groups of More

WAKY-FM and AM Sale to WAKAYANA LLC Officially Closes

WAKY-FM and AM/Louisville

WAKY-FM and AM in Louisville, along with their associated translators, have officially been sold by W&B Broadcasting Inc. to WAKAYANA LLC. The transaction marks the end of an era for W&B Broadcasting, headed by Bill Walters, and the beginning of a new one under Randy Michaels and More

K-LOVE to Acquire Milwaukee's WLDB and WLUM for $4M

K-LOVE

K-LOVE has agreed to acquire 16kW AC WLDB-FM (93.3) and 8.8kW Alternative WLUM-FM (102.1) from Milwaukee Radio Alliance for $4 million. The deal remains subject to FCC approval. MRA -- a Wisconsin-based partnership that also operates other stations in the market -- will retain WZTI-AM (Fonz FM) and the More

Bustos Media to Acquire KXXO/Olympia from 3 Cities

Bustos Media

Bustos Media Holdings has signed an agreement to acquire AC KXXO-FM (Mixx 96.1) in Olympia, WA from 3 Cities Inc. An application has been filed with the FCC, and 3 Cities will continue to operate the station until the transaction receives regulatory approval. Terms of the deal were More

Podcasts Account for One-Fifth of Ad-Supported Audio

Nielsen

Nielsen has released its latest Podcasting Today report, highlighting continued growth in podcast listening and advertising effectiveness. According to the report, podcasts represent 19% of daily ad-supported audio time among U.S. adults, second only to radio at 64%. Among More

Media Monitors Expands Radio Ad Coverage Nationwide

John Fix

Media Monitors, the commercial ad occurrence measurement firm, has announced two major enhancements designed to strengthen the role of AM/FM radio in media mix modeling and attribution analysis. This week's Cumulus Media | Westwood One Audio Active Group blog features a piece from John Fix, formerly of P&G. More

FCC Approves Alpha Media Transfer to Connoisseur Media

Connoisseur Media

The FCC's Audio Division has approved the transfer of control of Alpha Media Licensee LLC from Alpha Media Holdings Inc. to Connoisseur Media Holdco, Inc., granting a waiver of the agency's Local Radio Ownership Rule to allow the deal to proceed without requiring the sale of any stations in the More

Urban One Reports Steep Q2 Loss on Revenue Decline

Urban One

Urban One, Inc. posted a sharp second-quarter loss as lower advertising sales and substantial impairment charges weighed on results. For the quarter ended June 30, the Silver Spring, MD-based media company reported net revenue of $91.6 million, down 22% from $117.7 million a year More

Centennial Broadcasting Expands in Fredericksburg VA

WGRQ-FM & WGRX-FM

Centennial Broadcasting II, LLC has reached an agreement to acquire Classic Hits WGRQ-FM (95.9) and Country WGRX-FM (104.5) from Telemedia Broadcasting, Inc. and longtime Fredericksburg, VA station owner Carl Hurlebaus. The two stations will join Centennial's existing Fredericksburg cluster, which includes More

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