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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FINANCIAL
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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BMI Prevails In Live Concert Case
• In a decision that ends decades of below-market rates for songwriters, composers and publishers in the live concert industry,
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Audacy Asks For Reverse Stock Split
• Audacy, Inc. will be asking its shareholders to vote on May 24 to approve a reverse stock split in
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Executive Action At Better Noise Music
• Better Noise Music (BNM), the leading independent music label founded in 2006 by Allen Kovac announced a series of
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Executive Action: WideOrbit
• San Francisco-based WideOrbit, billed as the market leader in broadcast TV and radio inventory and revenue workflow management, announced
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