Pacific Media Group Expands to O’ahu
• Hawai’i-owned multimedia company Pacific Media Group (PMG) has reached an agreement to acquire ‘Ohana Broadcast Company’s four Honolulu radio
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FINANCIAL
Stephens Media Group Acquires Mapleton
• In yet another blockbuster July 4th week media transaction, as Oklahoma-based Stephens Media Group announced it is acquiring Mapleton
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Braun’s Ithaca Holdings Buys Big Machine
• UPDATED: Ithaca Holdings, LLC, a media holding company led by SB Projects founder Scooter Braun, and Big Machine Label
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iHeart Coming Soon To NASDAQ
• iHeartMedia, Inc. announced that its Class A common stock has been approved for listing on the NASDAQ Global Select
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Cox Selling Radio Division To Apollo
• Cox Enterprises, Inc. today announced that it has reached an agreement to sell Cox Media Group’s 60+ radio station
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What’s That Sound? Sound That BRANDS.
• Sound That BRANDS, the L.A.-based podcasting studio specializing in branded audio content for national advertisers, announced that Emmis Communications
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Triton Digital Acquires Omny Studio
• Triton Digital has acquired the technology, assets, and team of the Melbourne, Australia-based podcasting leader Omny Studio, which it
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Beasley Buying WDMK/Detroit From Urban One
• Beasley Broadcast Group, Inc. has entered into a definitive agreement to acquire Urban AC WDMK (105.9 Kiss FM)/Detroit and three
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Cumulus Reduces Debt By $200 Million
• Cumulus Media Inc. announced that it has made a voluntary prepayment of $115 million on its first lien senior
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Bittersweet Victory For Ashcroft
• Over two decades after the Verve’s “Bittersweet Symphony” was released, Verve frontman Richard Ashcroft has regained his songwriter royalties and
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