BMG CEO Transition Accelerated
• Bertelsmann has accelerated the long-planned change in leadership at the helm of its BMG division, which was announced in
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FINANCIAL
Audacy Stock Suspended, Faces Delisting
• The New York Stock Exchange (NYSE) suspended trading of Audacy shares Tuesday afternoon and will apply to the SEC
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That’s One Sirius-Benz Extension
• SiriusXM and Mercedes-Benz USA (MBUSA) announced a multi-year extension and expansion of their services agreement, under which MBUSA is
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Sheeran Prevails In Copyright Lawsuit
• Ed Sheeran is not liable in a copyright infringement lawsuit that accused him of using parts of the melody
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SoundCloud, Merlin Ink Licensing Deal
• SoundCloud and Merlin announced a global licensing deal that enables Merlin members and their artists to participate in SoundCloud’s
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Radio Revenue Tops $13B; WTOP Still No. 1
• In the first edition of its Investing In Radio® Market Report for 2023, BIA Advisory Services reports that total
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Banderas Coffinet New CEO, Latino Media Network
• Latino Media Network announced that Sylvia Banderas Coffinet has joined the company as CEO. The New York-based Banderas Coffinet
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Taste Of Hope Coming Right Up
• The City of Hope’s Music, Film and Entertainment Industry group proudly announces that the 15th Annual Taste Of Hope
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SBS Buying Urban One’s KROI/Houston
• Turns out that Spanish Broadcasting System (SBS) is the unnamed “minority-owned broadcaster” that Urban One was referring to when
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Urban One Buying CMG’s Houston Group
• Urban One Inc. just announced it has signed a definitive asset purchase agreement with Cox Media Group to purchase
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