TRANSACTIONS – Page 59 – RAMP – Radio and Music Pros

Cumulus Sells WABC/NY To Red Apple Media

June 27, 2019June 28, 2019 kevincarter Cumulus Media, WABC

• Cumulus Media Inc. took another giant step closer to exiting the New York City market with the announcement that

EXECUTIVE ACTION FINANCIAL FRONT PAGE TRANSACTIONS

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

FRONT PAGE MILESTONES NEWS/TALK/SPORTS PROS IN MOTION TRANSACTIONS

Calta & The Bone Renew Vows

June 11, 2019 kevincarter Cox Media Group, Mike Calta, WHPT

• Cox Media Group FM Talk WHPT (102.5 The Bone)/Tampa has inked a multi-year contract extension with 12-year station vet Mike

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 FRONT PAGE MILESTONES SALES TRANSACTIONS

Emmis Exits Austin, Texas

June 10, 2019June 11, 2019 kevincarter Emmis Austin, Sinclair Telecable

• Emmis Communications Corporation just announced an agreement to sell its 50.1% controlling interest in a partnership that owns and

BREAKING NEWS DIGITAL EXECUTIVE ACTION PODCASTING TRANSACTIONS

Obamas Ink Spotify Podcast Pact

June 6, 2019June 6, 2019 kevincarter Higher Ground, Spotify

• Former President Barack Obama and Michelle Obama and their production company, Higher Ground, have inked a deal with Spotify to produce

FRONT PAGE NEWS/TALK/SPORTS PROGRAMMING TRANSACTIONS URBAN

Townsquare Tuscaloosa Sells One, Buys One

June 6, 2019June 6, 2019 kevincarter Townsquare Media, WALJ

• Townsquare Media is making several significant changes to its Tuscaloosa, AL cluster — 1) The company is selling its

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