FINANCIAL – Page 42 – RAMP – Radio and Music Pros

UMG Executive Action

August 4, 2022August 4, 2022 kevincarter UMG

• Universal Music Group (UMG) announced that Frédéric Voillemot, who has overseen the company’s corporate development and strategy team for

EXECUTIVE ACTION FINANCIAL FRONT PAGE TELEVISION TRANSACTIONS

Nexstar Extends Sook Thru 3/26

August 3, 2022August 3, 2022 kevincarter Nexstar Media Group

• Nexstar Media Group, Inc.’s Board of Directors has extended the employment agreement of Chief Executive Officer Perry A. Sook,

EXECUTIVE ACTION FINANCIAL FRONT PAGE LEGAL POLITICS SALES

Execs On Board With SAFE Act

July 26, 2022July 26, 2022 kevincarter NAB, US Senate

• Sen. Ben Ray Luján (D-NM) on Tuesday introduced “The Secure and Fair Enforcement (SAFE) Advertising Act,” which would prevent

EXECUTIVE ACTION FINANCIAL FRONT PAGE PODCASTING TRANSACTIONS

LiveOne To Spin Off PodcastOne

July 17, 2022July 17, 2022 kevincarter LiveOne, PodcastOne

• LiveOne announced its intention to spin off its wholly owned subsidiary, PodcastOne, as a separate public company to be

BRANDING/MARKETING EXECUTIVE ACTION FINANCIAL FRONT PAGE LABEL LOVE MILESTONES TRANSACTIONS

UMG Acquires Frank Zappa Estate

June 30, 2022June 30, 2022 kevincarter

• Universal Music Group (UMG) announced an agreement between Moon, Dweezil, Ahmet and Diva Zappa (the Zappa Trust) to acquire Frank

DIGITAL EXECUTIVE ACTION FINANCIAL FRONT PAGE LEGAL STREAMING

SoundExchange Sues Slacker

June 29, 2022 kevincarter Slacker, SoundExchange

• SoundExchange has filed suit in the United States District Court for the Central District of California against Slacker, Inc.

BRANDING/MARKETING EXECUTIVE ACTION FINANCIAL FRONT PAGE LABEL LOVE LEGAL MILESTONES

Stills Partners With Iconic Artists

June 23, 2022June 26, 2022 kevincarter Iconic Artists Group, Stephen Stills

• Stephen Stills, GRAMMY® award-winning recording artist and two-time inductee into the Rock and Roll Hall of Fame, has entered

CHARITY EXECUTIVE ACTION FINANCIAL FRONT PAGE MILESTONES

BFOA Announces “Radio Giving Day”

June 22, 2022June 21, 2022 kevincarter Broadcasters Foundation

• The Broadcasters Foundation of America, the only charitable organization devoted exclusively to helping radio and TV professionals in dire

EXECUTIVE ACTION FINANCIAL FRONT PAGE TRANSACTIONS

Cherry Creek/Townsquare Deal Done

June 21, 2022June 21, 2022 kevincarter Cherry Creek Media, Townsquare Media

• Cherry Creek Media’s $18.7 million sale of 34 radio stations in nine markets — Butte, Great Falls and Missoula,

CHARITY EDUCATION FINANCIAL FRONT PAGE LABEL LOVE MILESTONES

Dolly Parton: National Treasure

June 16, 2022 kevincarter Dolly Parton

• Beloved legendary singer/songwriter and philanthropist Dolly Parton is donating $1 million to pediatric infectious disease research at Vanderbilt University