Industry News

The new agreement, which is retroactive to January 1, 2022, represents what the groups call "a historic rate increase for BMI that reflects the company’s superior market share in the radio industry."

It's a Class C FM with a booming signal licensed to the state capital of Washington that can be heard as far south as Astoria, Ore., and well into the Seattle-Tacoma area. Pending FCC approval, it will become the latest addition to the stable of stations owned by Amador Bustos. Kalil & Co. was the seller's broker.

A reader recalls trying to secure the Brecksville, Ohio, building from pesky intruders

The post Letter: Snowville Was Full of History … and Raccoons appeared first on Radio World.

He joined iHeartMedia in 2020 as PD for "95.5 The Bull" in Las Vegas and has experience in the Country, Top 40 and Hip-Hop formats, even serving as "Country Format Captain" for Alpha Media. Now, he'll be overseeing what comes out of the speakers for the company's four Las Vegas audio offerings.

Nexstar Media Group has reached a formal agreement to acquire TEGNA. And, in terms of EBITDA, it puts Nexstar in the same league as FOX and Paramount Skydance, something Nexstar founder and Chairman/CEO Perry Sook believes will put his company in broader media industry conversations in a bigger and meaningful way.

Mark Persons drops in to see TWR’s facility on Bonaire

The post A Visit to “Shine 800 AM” appeared first on Radio World.

One prominent advertising trends analyst believes the proposed acquisition of TEGNA by Nexstar Media Group will not reverse the downward trajectory for core advertising dollars for the industry.

Perry Sook, in prepared comments distributed prior to a conference call with key media industry financial analysts but not with TEGNA representatives, singled out "the initiatives being pursued by the Trump administration" for making a $6.2 billion proposed all-cash acquisition of TEGNA a possibility.

Nexstar, the nation's single-biggest licensee of broadcast TV stations, is purchasing all of the stations under the TEGNA banner. It's a proposed transaction that could only have come together thanks to an Eighth Circuit Court of Appeals ruling just weeks ago and the FCC Chairman's pledge to "Delete, Delete, Delete."

It is formally known as Marquee Broadcasting West, and it is led by COO Gene Steinberg on a day-to-day basis. Owned by Brian Lane and CEO Patricia Lane, this bicoastal radio and TV station owner has just agreed to purchase the radio properties of Bicoastal Media in Southern Oregon.