FINANCIAL – Page 67 – RAMP – Radio and Music Pros

Adams Radio Employees Take 10% Pay Cut

March 26, 2020 kevincarter Adams Radio Group

• Ron Stone, CEO of Adams Radio Group, announced that “all employees agreed to take a ten percent temporary cut in

EXECUTIVE ACTION FINANCIAL FRONT PAGE Natural Disasters

RIAA Lauds Senate Stimulus Passage

March 25, 2020March 27, 2020 kevincarter RIAA

• On Wednesday night, after the bSenate unanimously passed the Phase III stimulus package to address the devastating economic impact

CHARITY FINANCIAL FRONT PAGE Natural Disasters STREAMING

Spotify Launches COVID-19 Music Relief

March 25, 2020March 25, 2020 kevincarter Spotify

• Spotify has launched the Spotify COVID-19 Music Relief project, which recommends verified organizations that offer financial relief to those

EXECUTIVE ACTION FINANCIAL FREE AGENT

Cumulus Names New EVP/CFO

March 19, 2020March 21, 2020 kevincarter Cumulus Media

• Cumulus Media Inc. announced that Frank Lopez-Balboa has been appointed Executive Vice President and Chief Financial Officer, effective March 23.

EXECUTIVE ACTION FINANCIAL FRONT PAGE SPANISH-LANGUAGE TRANSACTIONS

Univision Sells Majority Stake

February 25, 2020February 25, 2020 kevincarter Univision

• Investment firms Searchlight Capital Partners, LP and ForgeLight LLC announced a definitive agreement in which Searchlight and ForgeLight will

EXECUTIVE ACTION FINANCIAL FRONT PAGE SALES

Mednick Named CRO/GM At Pacific Media

February 23, 2020 kevincarter Pacific Media Group

• Hawaii-based Pacific Media Group has appointed Joshua Mednick as Chief Revenue Officer for the company, and GM of its Big

EXECUTIVE ACTION FINANCIAL FRONT PAGE Mainstream Rock TRANSACTIONS

Entercom Spins 107.3/Boston To EMF

February 18, 2020February 19, 2020 kevincarter EMF, Entercom

• Entercom Communications Corp. just announced a definitive agreement to sell 107.3 FM, currently the home of Mainstream Rock WAAF/Boston to Contemporary

EXECUTIVE ACTION FINANCIAL FRONT PAGE SALES

Executive Action, Nielsen-Style

February 17, 2020February 17, 2020 kevincarter Nielsen

• Nielsen Holdings announced the following executive appointments: Sean Cohan joins the company as Chief Growth Officer and President, International; Peter Bradbury,