Braun Downshifts At HYBE America
• Scooter Braun will step down as CEO of HYBE America and move into a consulting role, the company announced
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TRANSACTIONS
WMG & Bain Invest In Music Catalogs
• UPDATED: Warner Music Group and private investment firm Bain Capital, are launching a joint venture to allow for the
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Civic Media Expands Into Michigan’s U.P.
• Wisconsin-based Civic Media is expanding its broadcast footprint into the great state of Michigan, as the company has filed
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Randy Michaels Buys WAKY/Louisville
• A contract has been signed and an application is being filed with the FCC to transfer legendary Classic Hits
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Beasley Spins Tampa’s Shark To EMF
• Beasley Media Group announced that it has entered into a definitive agreement to sell Classic Rock WPBB (98.7 The Shark)/Tampa, FL
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iHeart & Audacy Forge Distribution Deal
• America’s two largest audio companies, iHeartMedia and Audacy, announced a content distribution partnership, making Audacy’s 240 radio brands and
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Magic CEO Buys Magic’s Last Station
• Last week it was announced that JVC Broadcasting was acquiring four of Magic Broadcasting‘s five remaining radio stations: Top
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JVC Digs Deeper Into Florida Sand
• JVC Broadcasting is expanding its Florida portfolio with the pending acquisition of four radio stations from Magic Broadcasting in
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Stevens Held Over At WLS/Chicago
• The powers-that-be at Cumulus announced that the proper paperwork has been signed, effectively extending the reign of popular Chicagoland
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Create Beams Up With Star Trak
• Create Music Group (CMG), described as “the world’s leading platform for independent music,” announced a new joint venture with
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