Court Approves Cumulus Reorganization Plan
• Cumulus Media Inc. announced that the United States Bankruptcy Court for the Southern District of Texas has approved its
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FINANCIAL
Executive Action: John Murphy
• Veteran media and sales executive John Murphy has joined Crossover Media Group as Vice President of Strategic Partnerships. The
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Townsquare Inks Digital Deal With Kroenke Sports
• Townsquare Media, Inc. announced a strategic digital advertising partnership with Denver-based Kroenke Sports and Entertainment (KSE), which owns Hot
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Now Spinning: Vinyl Radio!
• A new pop‑up station — WVYL (Vinyl Radio) — will broadcast nonstop all this week — from midnight Monday,
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BIA Projects Elevated ’26 Local Ad Revenue
• BIA Advisory Services has revised its 2026 U.S. Local Advertising Forecast (released in Q4 2025), projecting total local ad
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SBS Restructuring To Include Chapter 11
• Spanish Broadcasting System (SBS) announced that on April 3, it entered into a restructuring Support Agreement (RSA) with certain
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AWMF & Hallmark Make Their Mark
• The Alliance for Women in Media Foundation (AWMF) and Hallmark Media are once again partnering to present the Make
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Ackman Submits UMG Takeover Bid
• Billionaire hedge fund manager Bill Ackman‘s Pershing Square Capital Management has submitted an offer to buy Universal Music Group
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KSE Executive Action
• Denver-based Kroenke Sports & Entertainment (KSE) announced the hire of two established sports executives for newly reimagined leadership positions
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BFOA Operating At The Highest Level
• It is with great pride that the Broadcasters Foundation of America (BFOA) announces it has received the highest scores
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