Radio+Television Business Report

Colorado Public Radio's Board of Directors have approved the work plan and budget for fiscal year 2027, which begins today. As such, the board is welcoming four new members. 

The Radio Research Consortium is closing one chapter and opening another, as Steve Schram has stepped down as Chair of the noncommercial research organization’s Board of Directors. Naming his replacement is only one part of the changes underway.

A London-based entity has acquired a majority stake in Ad Results Media, one of the world’s largest buyers of audio advertising. The deal with Miroma Group pushes the combined group’s annual media investment past $750 million and could greatly benefit broadcast radio.

The Florida Association of Broadcasters has a new President/CEO, and succeeds longtime leader Pat Roberts, who announced his retirement in 2025 and will now serve as President Emeritus.

Jimi Gibson, the VP of Brand Communication at Thrive Internet Marketing Agency, spent two decades as a creative director. Now, he’s here to send the message that “invisible owners create invisible companies” — and how this matters for broadcast media. Gibson explains the reasons why in this InFOCUS Video Podcast.

There's a new VP of Network Marketing at Weigel Broadcasting, the owner of an unaffiliated TV station in the Windy City, Milwaukee's CBS affiliate, and a collection of large digital multicast networks including MeTV Network.  It's an expanded role in which he will oversee the company's marketing strategy and audience engagement plans.

Gray Media has closed on a private placement of $70 million of aggregate principal amount of its 7.250% Senior Secured First Lien Notes due 2033. The “additional notes,” as Gray calls them, were sold to accredited investors at a price of par plus accrued interest from and including February 15, 2026, the company said.

For more than a decade, Gray Media and the former Raycom Media, prior to Raycom's merger with Gray, provided back-office services to five television stations licensed to a company founded in 2003 by Thomas B. Henson. Gray and Raycom also produced local newscasts for four of the stations. Now, Gray is buying them.

RBR+TVBR's Editor-in-Chief discusses with Ribeye Media Chief Growth Officer Jennifer Scilabro how the ad-tech platform powering more than 100 local television stations helps them in monetizing their digital and streaming offerings through unified spot sales. It's all here in this 20-minute video report.

There's more to come in the six months ahead from MediaCo, and in this encore video podcast, presented by dot.fm, Chief Revenue Officer Brian Fisher chats with RBR+TVBR from New York to discuss the continue value and power of audio and video brands superserving multicultural and diverse audiences.

Cox Media Group has hired a Vice President of Local Revenue and Client Growth for its group of radio stations, a move the Apollo Global Management-controlled entity sees as "reinforcing the company’s strategic focus on strengthening client partnerships and accelerating revenue growth for both CMG and its clients."

A battle that has been waged for more than three years regarding union certification of employees at a CBS affiliate owned by Nexstar Media Group appears to be at an end, as a federal appeals court has sided with the National Labor Relations Board (NLRB) — ordering the company to recognize and bargain with NABET-CWA.

A Class B FM serving listeners across Harrisburg, York, Lancaster and much of Reading, Pa., as Top 40 "Hot 106.7" will soon be in a little bit of a meltdown. That's because the Hershey, Pa.-licensed facility and a Class A Sports Talk FM sibling north of Pittsburgh are being sold by Cumulus Media to a broadcast ministry.

News production, playout and workflow technology specialist Bitcentral has completed a transaction separating its broadcast production and playout operations from its streaming technology business, creating two independently operated companies.

Chairman Carr has proposed an Order the Commission will consider at its July Open Meeting that would allow the agency to hold an auction of 160 MHz of spectrum in the Upper C-Band in 2027. That's above the 100 MHz clearing proposal of the NAB, and puts into question the impact to radio and TV.

RBR+TVBR in early June learned that Dish's former treasurer — an individual employed by entities owned or controlled by Charlie Ergen for more than three decades — has acquired a 75% stake in a group of television properties under the HC2 Broadcasting banner. The FCC has now received the Form 314 filings tied to the deal.

The licensee that's directly linked to a group of digital multicast networks including the MeTV classic sitcom and entertainment-focused offering has agreed to acquire a low-power television station serving Birmingham. The seller is a church, and the facility will be shifting to commercial programming.

The Louisville Bats have strived to solve the challenge of up to 20 second broadcast call delays after fans began expressing frustration over radio airings of game calls while in the stadium. The fix saw the minor league baseball club turn to a Humboldt County, Calif.-headquartered audio technology company.

The NAB Leadership Foundation (NABLF), in partnership with Hearst Television, has unveiled the participants in the 2026 Emerson Coleman Fellowship, an immersive program designed to prepare the next generation of leaders in broadcast television programming and production.

For those disappointed with their Poshmark prowess, a similar resale opportunity with European roots is quickly gaining attention stateside. To help spread the word, Vinted decided to invest in a major Spot Cable campaign.