FINANCIAL – Page 45 – RAMP – Radio and Music Pros

SiriusXM Cutting Nearly 500 Jobs

March 6, 2023March 7, 2023 kevincarter SiriusXM

• UPDATED: SiriusXM has become the latest large media firm to face large-scale restructuring to reduce costs, as the company

BRANDING/MARKETING EXECUTIVE ACTION FINANCIAL FRONT PAGE PROGRAMMING RHYTHMIC STREAMING TRANSACTIONS

Fuhr Expands Coachella Holdings

February 28, 2023 kevincarter Channel Q, KGAY, KQPS

• In a major bit of Coachella Valley media news, local LGBTQ media entrepreneur Brad Fuhr has purchased 103.1 KQPS

BRANDING/MARKETING COUNTRY EDUCATION EXECUTIVE ACTION FINANCIAL FRONT PAGE LABEL LOVE

BMAC & ACM Launch OnRamp Program

February 21, 2023 kevincarter ACM, BMAC

• The Black Music Action Coalition (BMAC) and the Academy of Country Music (ACM) proudly announce a new partnership to

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

HYBE Acquires QC Media Holdings

February 9, 2023February 9, 2023 kevincarter HYBE, HYBE America

• HYBE continues to expand its media footprint — the company’s latest acquisition is Atlanta-based QC Media Holdings, Inc., the

EXECUTIVE ACTION FINANCIAL FRONT PAGE SALES URBAN URBAN AC

‘Andy’ Anderson Upped To CRO Of AURN

January 31, 2023 kevincarter AURN

• William “Andy” Anderson has been promoted to Chief Revenue Officer for AURN. In this new position, Anderson will be

BRANDING/MARKETING EXECUTIVE ACTION FINANCIAL FRONT PAGE MILESTONES PROGRAMMING STREAMING SYNDICATION TELEVISION TRANSACTIONS

Penske Media Eldridge Acquires DCP

January 25, 2023 kevincarter Dick Clark Productions, Penske Media Corporation

• Penske Media Eldridge (PME) has acquired dick clark productions (DCP) in a major corporate expansion. As reported by IndieWire,

EXECUTIVE ACTION FINANCIAL FRONT PAGE LEGAL MILESTONES TOP 40 TRANSACTIONS

Bieber Sells Catalog To Hipgnosis

January 24, 2023January 24, 2023 kevincarter Hipgnosis, Justin Bieber

• Done deal: Justin Bieber has sold his music rights to Hipgnosis Songs Capital, a partnership between Hipgnosis Song Management

EXECUTIVE ACTION FINANCIAL FRONT PAGE LABEL LOVE LEGAL

McGee Joins Concord As SVP/Business & Legal

January 24, 2023 kevincarter Concord

• Concord has hired Colton McGee as Senior Vice President of Business and Legal Affairs for Concord Label Group. McGee,

EXECUTIVE ACTION FINANCIAL FRONT PAGE SALES

iHeart Executive Action

January 12, 2023 kevincarter iHeartMedia

• iHeartMedia announced three executive appointments: 1) Amy Leimbach is named Region Senior Vice President of Sales for the newly-created

EXECUTIVE ACTION FINANCIAL FRONT PAGE LABEL LOVE LEGAL MILESTONES

Fogerty Reacquires Creedence Publishing

January 12, 2023January 12, 2023 kevincarter Concord Music, John Fogerty

• After a well-documented 50-year wait, legendary singer-songwriter John Fogerty, founder of Creedence Clearwater Revival (CCR), has finally been able