IBA + Gen Media Partners = IBA Radio Sales
• The Independent Broadcasters Association (IBA) and Gen Media Partners (GMP) announce the formation of IBA Radio Sales, a national
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FINANCIAL
Temporary Reprieve For oWOW.radio
• Last week Cleveland radio icon John Gorman and staff announced that, due to the devastating economic effect of the
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iHeart Cutting Some Furloughed Employees
• With no immediate end in sight for the COVID-19 pandemic — and with it, the continued financial burden being
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Gorman’s oWow Signing Off… For Now
• The unprecedented financial damage caused by the COVID-19 pandemic has done severe — and in some cases irreparable —
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SiriusXM CEO Jim Meyer Will Retire
• Some major changes are afoot at the executive level of SiriusXM, starting with the announcement that Chief Executive Officer,
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RIAA Releases Mid-Year Report
• The Recording Industry Association of America (RIAA) has released its mid-year 2020 report showing growth in paid subscription streaming
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Chin Segues From iHeartMedia To WMG
• Warner Music Group (WMG) welcomes Kareem Chin as Senior Vice President, Head of Investor Relations. Chin joins WMG from
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Walmart Joins Microsoft In TikTok Push
• Suddenly there’s an unlikely new player jumping into the already crowded field with the intention of acquiring massively popular
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$600 Mil Buys Concord Serious Expansion
• After receiving first-time corporate credit ratings of B1 and B+ from Moody’s and S&P last month, Concord announce that
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Broadcasters Foundation Needs Our Help
• Due to ongoing complications from the COVID-19 pandemic, The Broadcasters Foundation of America has cancelled its Celebrity Golf Tournament
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