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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FINANCIAL
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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Audacy Selling WLFP, WTSS To EMF
• RAMP has learned that Audacy has agreed to sell Country WLFP (94.1 The Wolf)/Memphis and Hot AC WTSS (Star
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CMG Adds Clay, Ups Halliwell
• Cox Media Group announced two executive appointments: 1) Andrea Clay joins the company as National Sales Manager for CMG
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Restructuring Underway At iHeartMedia
• RAMP hears another round of restructuring is underway inside iHeartMedia — early yesterday we learned that Johnnie D, PD of Urban
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Warner Music Group Eliminating 270 Positions
• Warner Music Group has become the latest in a long line of major media companies to undergo downsizing, as
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