ASCAP Sues Four Radio Groups
• ASCAP, the American Society of Composers, Authors and Publishers, filed infringement suits today against four radio groups which operate
Read more
FINANCIAL
June 25 Is BFOA Giving Day
• The Broadcasters Foundation of America (BFOA) will hold its annual BFOA Giving Day on Thursday, June 25 (please mark
Read more
UMG Rejects Pershing Square Takeover Bid
• The Board of Directors of Universal Music Group announced that it has unanimously rejected the unsolicited and non-binding proposal
Read more
NPR Restructuring: Layoffs & Buyouts
• NPR announced it is restructuring its newsroom, which will include eliminating some reporting and editing jobs, as it attempts
Read more
AP Restructuring Eliminates 20 Journalists
• The Associated Press laid off 20 U.S.-based journalists on Friday, the union representing them said, part of a restructuring
Read more
Bonneville Bay Area Sale To Connoisseur Closed
• It’s a done deal — the sale of KBLX-FM/Berkeley, KMVQ-FM & KOIT-FM/San Francisco, and KUFX-FM/San Jose, CA from Bonneville
Read more
Connoisseur Sells S. Dakota Group To Riverfront
• Connoisseur Media continues its plan to refine its portfolio and strengthen its presence in priority markets with the announcement
Read more
Cumulus ATL Sells 97.9, Realigns Frequencies
• Cumulus Media Atlanta formally announced the pending sale of its 97.9 FM translator (W250BC), along with a series of
Read more
Townsquare Inks Digital Deal With Broadway Media
• Townsquare Media, Inc. announced a strategic digital advertising partnership with Salt Lake City-based Broadway Media, which has seven radio
Read more
Urban One Buying KKDA & KRNB/Dallas-Ft. Worth
• Urban One has entered into an agreement to acquire Service Broadcasting Group, LLC, including its flagship radio stations —
Read more