Radio+Television Business Report

A 1kw Class B AM radio station in Danville, Ill., operating with 3 broadcast towers and its FM translator companion at 99.5 MHz, is being sold by Randy Richmond Services LLC. Who's the buyer?

A quartet of FM radio stations are moving forward with filings seeking the FCC's approval for the use of GeoBroadcast Solutions' "ZoneCasting" technology as part of plan to make their stations "hyper-local" — and potentially more lucrative in an addressable advertising world.

The Legal Advisor for FCC Commissioner Brendan Carr from March 2021 until July 2023 has returned to the role. She's been in the private sector for the last 12 months, leading state and local government relations matters for "a nationwide telecommunications infrastructure provider."

For 25 years, she was a local media fixture in Salt Lake City, serving as Local Sales Manager of KUTV-2 under CBS ownership and in May 2011 joined iHeartMedia as Regional SVP of Sales, rising to Market President in April 2021. Now, this longtime leader is trading the Wasatch Front for Orlando.

Can fiscally strained Corus Entertainment, with its shares at 15 cents CDN going into Tuesday's trading on the TSX, benefit in any way from the premiere of new seasons from returning and first-time series airing on its Global television network? That's a question some investors may be asking today.

With college football fans already pumped about the 2024 season, a Gray Media station serving the St. Louis market is embarking on something "new and very exciting" — a free and independent sports and entertainment network.

Unnamed sources have told Bloomberg that the parent of CBS News & Stations is readying the sale of assets — including television stations selected as non-essential — in order to build the company's cash coffers.

AT&T has agreed to fork over nearly $1 million to the U.S. Treasury to resolve a FCC Enforcement Bureau investigation into whether rules were violated by failing to deliver 911 calls and to notify 911 call centers in a four-state 2023 service outage.

On Thursday, the Francophone newspapers that cover Montréal were sharing the news that a former Bell Media executive had been selected to succeed Caroline Piquet as President of Cogeco Media. Now, it turns out Piquet's replacement will not be Martin Spalding.

Bible Broadcasting Network is presently the licensee of an FM translator serving Clovis, N. Mexico. Another licensee is the owner of an FM translator in San Angelo, Tex. Pending FCC approval, they'll swap these 250-watt facilities.

It faces the Cumberland River and East Nashville, from the corner of First Avenue North and "Lower Broad." Yes, the Hard Rock Café has a home in the heart of Country music, and starting September 5, the venue will serve as the home for Audacy Inc.'s seventh broadcast sound space.

A quartet of educational non-commercial broadcast media stations will be eligible to receive a combined $1.8 million from the Corporation for Public Broadcasting to upgrade their equipment in order to provide enhanced emergency alerting to their respective communities.

From flame-broiled hamburgers to pizza pies and whatever you prefer to call a hoagie, quick-service restaurant chains desire hungry viewers of cable television networks. In the latest Spot Ten Cable report, a pizza-focused delivery service and a chain known for letting its customers have it their way dominate the activity.

With SiriusXM just days away from finalizing its stock-consolidation merger with Liberty Media Corporation, shareholders have approved a plan where Liberty Media will exchange existing SiriusXM shares for new shares in “SplitCo,” which will get a new name next month.

A group of four radio brands serving the Arkansas River Valley as the "Heart of the Rockies Radio" has been regularly recognized by the Colorado Broadcasters Association with multiple Awards of Excellence. Pending FCC approval, continuing that level of community service will be up to a new local owner.

As first reported by Streamline Publishing's Radio Ink, the company known on U.S. financial markets as Beasley Broadcast Group has notified the Securities and Exchange Commission that majority shareholders have given their blessing to a reverse stock split.

Have you ever been sitting in a conference, listening to a roundtable, and thinking to yourself, “Heck, I can do that.” Well, now’s your chance. At the Radio Masters Sales Summit, Jacobs Media VP/General Manager Paul Jacobs is hosting “The Panel Where the Audience Is the Panel.” 

The Bridge-IT II codec was first rolled out earlier this year at the NAB Show. However, IBC will serve as the the first opportunity to see the new Bridge-IT XTRA II.

Nebraska Public Media has found its successor to Mark Leonard, who pushed back his retirement to ensure a smooth transition. Introducing the fourth General Manager in the network’s history.

A Class A FM offering listeners in Homerville, Ga., Classic Hits programming via satellite from Westwood One could be on the hook for a financial penalty for the late filing of its license renewal forms with the FCC.