Univision Sells Majority Stake
• Investment firms Searchlight Capital Partners, LP and ForgeLight LLC announced a definitive agreement in which Searchlight and ForgeLight will
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FINANCIAL
Mednick Named CRO/GM At Pacific Media
• Hawaii-based Pacific Media Group has appointed Joshua Mednick as Chief Revenue Officer for the company, and GM of its Big
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Entercom Spins 107.3/Boston To EMF
• Entercom Communications Corp. just announced a definitive agreement to sell 107.3 FM, currently the home of Mainstream Rock WAAF/Boston to Contemporary
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Executive Action, Nielsen-Style
• Nielsen Holdings announced the following executive appointments: Sean Cohan joins the company as Chief Growth Officer and President, International; Peter Bradbury,
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Judge OKs T-Mobile/Sprint Merger
• A federal judge on Tuesday ruled in favor of T-Mobile‘s proposed takeover of Sprint in a deal that will
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SiriusXM Invests $75 Mil In SoundCloud
• SoundCloud and SiriusXM Holdings Inc. announced that SiriusXM has invested $75 million in SoundCloud, the world’s largest open audio
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CMG Spins Ohio Papers To Cox
• Cox Media Group (CMG) reached an agreement to spin off its Ohio newspapers, TheDayton Daily News, The Springfield News-Sun,
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WMG Files For IPO
• Warner Music Group Corp. announced that it has filed a registration statement on Form S-1 with the U.S. Securities
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Taylor Swift Signs With UMPG
• Taylor Swift has signed an exclusive global publishing agreement with Universal Music Publishing Group (UMPG). Swift’s previous deal with Sony/ATV
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Radio Digital Revenue Breaks $1B Barrier
• Radio’s digital ad revenue blasted through the billion-dollar plateau for the first time, now accounting for 10% of total
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