Audacy Stock Suspended, Faces Delisting
• The New York Stock Exchange (NYSE) suspended trading of Audacy shares Tuesday afternoon and will apply to the SEC
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TRANSACTIONS
That’s One Sirius-Benz Extension
• SiriusXM and Mercedes-Benz USA (MBUSA) announced a multi-year extension and expansion of their services agreement, under which MBUSA is
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SoundCloud, Merlin Ink Licensing Deal
• SoundCloud and Merlin announced a global licensing deal that enables Merlin members and their artists to participate in SoundCloud’s
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Galaxy Purchases Killer Car Show
• Syracuse, NY-based Galaxy Media Partners, in partnership with Paradise Companies, has purchased the Syracuse Nationals, billed as the largest
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Executive Action: Second Estate Records
• Second Estate Records, a new label founded by A&R veteran and entrepreneur Mel Carter, has named Katie Kay as
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SBS Buying Urban One’s KROI/Houston
• Turns out that Spanish Broadcasting System (SBS) is the unnamed “minority-owned broadcaster” that Urban One was referring to when
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André Gardner Pretty Much Permanent
• Sending our best wishes to André Gardner, a beloved fixture on Beasley Classic Rock WMGK/Philadelphia for the past two
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Wave Rides With Capitol Music Group
• The Wave Music Group, one of the world’s leading independent Latin music labels, based in Puerto Rico and Miami,
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Wolf Country To Replace FM 100/Memphis
• Yesterday we reported that, despite Audacy’s impending sale of Country WLFP (94.1 The Wolf)/Memphis to EMF, management announced it
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Urban One Buying CMG’s Houston Group
• Urban One Inc. just announced it has signed a definitive asset purchase agreement with Cox Media Group to purchase
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