Emmis Exits Austin, Texas
• Emmis Communications Corporation just announced an agreement to sell its 50.1% controlling interest in a partnership that owns and
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TRANSACTIONS
Obamas Ink Spotify Podcast Pact
• Former President Barack Obama and Michelle Obama and their production company, Higher Ground, have inked a deal with Spotify to produce
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Townsquare Tuscaloosa Sells One, Buys One
• Townsquare Media is making several significant changes to its Tuscaloosa, AL cluster — 1) The company is selling its
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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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Banyan Acquires vCreative
• Atlanta-based Banyan Software, Inc. announced the acquisition of vCreative, a Florida-based company that delivers innovative cloud-based workflow software to
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The Bell Tolls For WRQX
• Like most of us industry insiders, DC radio icon Jack Diamond has been harboring the uncomfortable knowledge that his radio
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Meruelo Media Buying KXOS/Los Angeles
• Meruelo Media, a division of the Meruelo Group continues its campaign to expand its Los Angeles radio portfolio with the
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Valentine’s Day Lasts Over 25 Years
• Representatives of Cumulus Media and popular longtime Nashville radio personality Phil Valentine have both applied the proper signatures to a
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Sony Music Propelled Into Podcasting
• Sony Music Entertainment is diving headfirst into the red-hot podcasting space, launching a joint venture with two leading podcast
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Cumulus/EMF Drop-Dead Date: June 1
• Last week Cumulus Hot AC WPLJ/New York became the first of the six Cumulus stations being sold to Christian broadcaster
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