FINANCIAL – Page 69 – RAMP – Radio and Music Pros

Cox Selling Radio Division To Apollo

June 26, 2019June 27, 2019 kevincarter Apollo Global, Cox Enterprises, Cox Media Group

• Cox Enterprises, Inc. today announced that it has reached an agreement to sell Cox Media Group’s 60+ radio station

BRANDING/MARKETING EXECUTIVE ACTION FINANCIAL FRONT PAGE PODCASTING TRANSACTIONS

What’s That Sound? Sound That BRANDS.

June 19, 2019June 19, 2019 kevincarter Emmis, Sound That BRANDS

• Sound That BRANDS, the L.A.-based podcasting studio specializing in branded audio content for national advertisers, announced that Emmis Communications

DIGITAL EXECUTIVE ACTION FINANCIAL FRONT PAGE TRANSACTIONS

Triton Digital Acquires Omny Studio

June 12, 2019June 13, 2019 kevincarter Omny Studios, Triton Digital

• Triton Digital has acquired the technology, assets, and team of the Melbourne, Australia-based podcasting leader Omny Studio, which it

FINANCIAL FRONT PAGE TRANSACTIONS URBAN AC

Beasley Buying WDMK/Detroit From Urban One

June 10, 2019 kevincarter Beasley Media Group, Radio One, Urban One

• Beasley Broadcast Group, Inc. has entered into a definitive agreement to acquire Urban AC WDMK (105.9 Kiss FM)/Detroit and three

EXECUTIVE ACTION FINANCIAL FRONT PAGE TRANSACTIONS

Cumulus Reduces Debt By $200 Million

June 5, 2019June 6, 2019 kevincarter Cumulus Media

• Cumulus Media Inc. announced that it has made a voluntary prepayment of $115 million on its first lien senior

FINANCIAL FRONT PAGE LABEL LOVE LEGAL

Bittersweet Victory For Ashcroft

May 24, 2019May 27, 2019 kevincarter

• Over two decades after the Verve’s “Bittersweet Symphony” was released, Verve frontman Richard Ashcroft has regained his songwriter royalties and

EXECUTIVE ACTION FINANCIAL FRONT PAGE SPANISH-LANGUAGE TRANSACTIONS

Meruelo Media Buying KXOS/Los Angeles

May 22, 2019May 23, 2019 kevincarter KXOS, Meruelo Media

• Meruelo Media, a division of the Meruelo Group continues its campaign to expand its Los Angeles radio portfolio with the

BRANDING/MARKETING EXECUTIVE ACTION FINANCIAL FRONT PAGE MILESTONES

David Field Looks Back… & Ahead

May 21, 2019May 22, 2019 kevincarter David Field, Entercom

• Last Friday, Entercom marked the 18-month anniversary of its mega-merger with CBS Radio, a combination that now boasts over

EXECUTIVE ACTION FINANCIAL FRONT PAGE

Chin To Head iHeart Investor Relations

May 21, 2019May 21, 2019 kevincarter iHeartMedia

• iHeartMedia, Inc. announced that media industry vet Kareem Chin has been named Senior Vice President and Head of Investor Relations,

DOWNSIZING EXECUTIVE ACTION FINANCIAL FRONT PAGE TRANSACTIONS

Cumulus/EMF Drop-Dead Date: June 1

May 15, 2019May 16, 2019 kevincarter Cumulus Media, Educational Media Foundation

• Last week Cumulus Hot AC WPLJ/New York became the first of the six Cumulus stations being sold to Christian broadcaster