4-22-15
WideOrbit says Univision will use its media management solutions to manage advertising and digital audio streaming operations across all of its properties. Univision will use WO Network, WideOrbit?s end-to-end solution for managing network ad sales and commercial operations, to manage sales and inventory at its national broadcast and cable networks; and WO Traffic, WideOrbit?s sales, traffic and billing solution.
4-22-15
The station is WDDW-FM (104.7) in Milwaukee and Bustos Media will begin an immediate LMA while awaiting FCC approval of the sale. Bustos is purchasing the station from Adelante Media Group. John Bustos said, ?We are thrilled to have made one more acquisition of our former station group. Milwaukee is a phenomenal growth market and WDDW is the only significant FM serving the growing Hispanic community in the great state of Wisconsin.? Bill Fanning, Managing Director of Media Venture Partners, brokered the deal.
2-5-14
Beasley has spent $200K for the translators in the Sunshine State. One is a construction permit for an FM translator in Clearwater, the other a CP for a translator in Fort Myers. The purchase was made from University of Northwestern, St. Paul, a Minnesota non-profit corporation. Bob Heymann and Eddie Esserman of Media Services Group brokered the deal.
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1-15-2015
103.1 The Wolf -Orlando is the latest affiliate Bubba the Love Sponge has added to his roster since his much publicized return to Tampa. Bubba will kick off mornings at The Wolf, flipped to Country mid-December following the purchase of WOTW by JVC Media.
JVC Media EVP and market manager Shane Reeve said, "We have experienced great success with Bubba in all of our other markets, Bubba is a radio machine and knows how to win. I am confident that Orlando will be a Bubba Town again in a few short months."
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12-22-14
Fidelity Broadcasting is selling WEZV-FM, WYEZ-FM and WGTN-FM in Myrtle Beach to Compass Radio Group for $1.6 million, according to George Reed at Media Service Group. Fidelity is run by Jerry Bresson and Compass by Bob Woodward and John Trent. Compass is already programming the stations under a Time Brokerage Agreement.
11-13-14
With the purchase of 16 stations from Omni Broadcasting, Hubbard expands into the Alexandria, Bemidji, Brainerd, and Wadena, MN markets. Hubbard Radio CEO Ginny Morris said, "Hubbard Broadcasting is deeply committed to local radio and to Minnesota, and this is a great opportunity to expand the company?s presence into some wonderful local communities. We have long admired Lou Buron and Mary Campbell, whose stations have been nationally recognized for both excellence in programming and commitment to local community service. We are committed to maintaining that dedication to excellence and community, and we look forward to welcoming all Omni employees to the Hubbard Broadcasting family.? The 16 stations involved in the transaction are: KIKV-FM 100.7, KULO-FM 94.3, KKZY-FM 95.5, KLLZ-FM 99.1, KBHP-FM 101.1, WQXJ-FM 104.5, KBUN-AM 1450, WJJY-FM 106.7, KLIZ-FM 107.5, KBLB-FM 93.3, KVBR-AM 1340, KUAL-FM 103.5, KLIZ-AM 1380, KKWS-FM 105.9, KWAD-AM 920, and KNSP-AM 1430.
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3-25-14
Kalil and Company brokers the deal for WLJE-FM, WAKE-AM, Valparaiso; WXRD-FM, Crown Point; and WZVN-FM, Lowell; all in Indiana, from Radio One Communications to Adams Radio Group. Radio One Communications in Indiana is owned by Leigh Ellis who has no other stations. Adams Radio Group based in Minnesota is owned by Ron Stone. Adams owns stations in Las Cruces, NM, and has applications on file to acquire stations in Ft. Wayne, IN, which are scheduled to be approved by the FCC sometime in the 2nd quarter.
3-20-14
Three markets will have a new ratings provider this Spring. Eastlan Ratings begins service in Columbus, GA, Hammond LA and Tallahassee. Hammond is previously unrated market while Columbus and Tallahassee are also served by Nielsen. Eastlan CEO Mike Gould said, ?As Eastlan rolls into our 15th year, we are so grateful to the small and medium market radio leaders who have recognized the value in carefully scrutinizing their radio ratings vendor relationship.
3-4-14
Criag Morgan's Way Radio Group is purchasing KRVA FM licensed to Campbell, Texas from LKCM Radio Licenses, which is run by Gerry Schlagel. Schlagel has several other radio stations in Texas, Oklahoma, Arizona and Nevada. This is Morgan's first radio station purchase. The price is $120,000. Bill Whitley of the Dallas office of Media Services Group represented the seller as the exclusive broker in this transaction.
1-10-14
The Raleigh, North Carolina-based Don Curtis appears to be on an FM translator shopping spree. Curtis picks up the construction permit for FM translator station W226BV Durham, NC, from Community Public Radio, a Georgia not-for-profit corporation, for $130,000. Bob Heymann of the Chicago office of Media Services Group served as the exclusive broker representing the buyer in this transaction.
1-10-14
The Raleigh North Carolina based Don Curtis appears to be on an FM translator shopping spree. Curtis picks up the construction permit for FM Translator Station W226BV Durham, NC from Community Public Radio, a Georgia not-for-profit corporation for $130,000. Bob Heymann of the Chicago office of Media Services Group served as the exclusive broker representing the buyer in this transaction.
9-15-13
The MMG Radio Network says the Travel Show with Arthur and Pauline Frommer (pictured) will join its lineup October 6. The weekly radio program will continue to originate from WOR 710 in New York City. Media Management Group President Jeff Schwartz said, "Arthur and Pauline Frommer are universally regarded as the nation's foremost travel authorities. We are thrilled to be working with them, and look forward to developing an even larger audience for them in the years ahead."
"The Frommers already have the most widely-recognized name in travel advice, and they publish the leading series of travel guidebooks in the nation (in addition to a nationally-distributed newspaper column and heavily-followed website). As syndicated by MMG, their weekly radio show will now be heard by an even larger number of radio stations than ever before, including the considerable audience that tunes in each week to The Frommers' Travel Show on WOR in the tri-state, New York/New Jersey/Connecticut area.
9-15-13
In what seems to be the continuing trend to fix the sound of AM Radio, CRC Broadcasting in Scottsdale Arizona Company, owners of long time Phoenix area radio station Money Radio 1510, KFNN debuts its simulcast on a translator at 99.3 FM Monday. CRC founder Ron Cohen says, "The addition of an FM translator simulcast not only provides listeners with greater access to hear Money Radio, but also comes at a strategically pivotal time in Phoenix radio. We?ve built our reputation on providing more useful information than just business news, said Cohen." Money Radio 1510 talks about Money.....how to make it, invest it, and how to be smart spenders of it. We will continue to serve the local community with our relevant and informative programing."
Cohen started KFNN 1510 in 1988 as one of the nation?s first radio stations to be programmed exclusively for business, financial, and investment related topics. Now in their 25th year, the Phoenix area's longest locally owned and operated radio station changed it's name in 2010 from Financial Newsradio to Money Radio, rebranding the station to mirror it's acquisition of moneyradio.com. In March of 2012, CRC debuted Money Radio 1200 KPSF in Palm Springs, California, combining it with another local AM sports station, Team 1010 KXPS, which CRC acquired in November 2011. "Money and sports together provide an ideal and efficient combined reach for a predominant male 35+ audience". said Cohen.
8-30-13
Townsquare Media is picking up 71 new radio stations thanks to Cumulus' need to raise cash to purchase Dial Global. Townsquare Executive Vice President Alex Burkett tells Radio Ink, "We are excited about the brands we are acquiring and the teams that make those brands great. We hope to learn more about how these brands have been built and operate over time and hope to bring Townsquare?s growth oriented operating strategy into the mix going forward."
Townsquare announced three transactions with Cumulus and Peak II Holding which, upon consummation, will result in Townsquare acquiring assets including 71 radio stations in 15 markets. Pro forma for the Transactions, Townsquare will own 312 radio stations in 66 markets and have operations in 25 states, making it the third largest owner of radio stations in the United States and the largest, best-capitalized owner and operator of radio stations solely focused on small and mid-sized markets.
Townsquare CEO Steven Price said, "These transactions represent the continued evolution of Townsquare Media into one of the nation?s largest local media companies and allow us to reach a scale which opens the door to new strategic opportunities. The assets we are adding to our portfolio are market-leading brands with strong competitive positions in their respective small and mid-sized markets. We are excited by the opportunity to deploy our differentiated local-media strategy across a broader footprint in order to better serve our communities and our advertising clients."
In connection with the Transactions, Townsquare is acquiring assets including 53 radio stations (three of which will be assigned to a divestiture trust) in 12 markets (Battle Creek, MI; Cedar Rapids, IA; Danbury, CT; Faribault-Owatonna, MN; Kalamazoo, MI; Lansing, MI; Portland, ME; Portsmouth-Dover-Rochester, NH; Quad Cities, IA-IL; Rochester, MN; Rockford, IL; and Waterloo, IA) from Cumulus for cash. Townsquare is also acquiring Peak, which owns assets including 11 radio stations in 2 markets (Boise, ID and Fresno, CA) for cash and equity units of Townsquare. Finally, Townsquare will exchange certain assets including 5 radio stations, in Fresno it is acquiring from Peak, for Cumulus assets including 15 radio stations in two markets (Dubuque, IA and Poughkeepsie, NY) and a de minimis cash settle-up payment in favor of Townsquare. Intotal, Townsquare will be acquiring 68 stations from Cumulus, three of which will be assigned to a divestiture trust, and eleven Peak stations, five of which will be exchanged to Cumulus, resulting in a net increase of 71 stations.
Townsquare expects to finance the Transactions with a mix of secured and unsecured debt financing,Townsquare equity units and cash on hand. Townsquare has received debt financing commitments from its various financing partners in connection with the transactions and will complete its financing in compliance with the covenant package of Townsquare Radio LLC?s existing Senior Unsecured Notes indenture.
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7-25-13
This closes the loop at WILD 95.5 where Kevin Rolston, Virginia Sinicki, and Jason Pennington are leaving mornings to join Cox in Miami. The Elvis Duran Morning Show adds Clear Channel's WLDI-FM in West Palm Beach to its 70 plus affiliates. He also picks up WOW 92.7 in Key West.
J.T. ?The Brick? will return to the station?s lineup Monday. Entercom Boston VP of Programming Jason Wolfe said, ?Even though he?s a diehard Yankee fan, J.T.?s show has always been extremely popular here in Boston. The show was a winner for us when we aired it years ago, and I?m very pleased to be able to bring him back now. Adding J.T.?s show provides a great balance to our overnight portfolio as we already air a very solid program in ESPN Radio?s SportsCenter Tonight on 850 AM.??I?m thrilled to be back on WEEI and to bring my passion and energy back to Boston,? said J.T. ?We had tremendous success for over a decade and I'm confident that we will win again.?J.T. joined FOX Sports Radio as the afternoon host in June 2001, and began hosting the weekday evening program ?FOX GameTime React? in 2002. In 2009, he took over the 1-6 a.m. weekday timeslot and the program can currently be heard on approximately 260 affiliates across the nation, as well as iHeartRadio, the FOX Sports app and XM Channel 169. Before joining FOX Sports Radio, J.T. hosted the overnight show on the Sports Fan Radio Network for six years. Not content with doing just one show each day, J.T. then went on to host both his overnight show and a national afternoon show for SportsFan. He also spent six years as host of the Oakland Raiders pre- and post-game shows for KTCT-AM 1050 in San Francisco and the weekly Raider TV show, ?Behind the Shield,? on FOX Sports Bay Area.
4-25-13
When Cumulus' WSEA-FM ?Sports Radio ? The Team? dumped ESPN Radio to take on the new CBS Sports Radio network, that left ESPN without an affiliate in Myrtle Beach. Until yesterday. NextMedia's WRNN-AM has become the new affiliate. Mike and Mike -- who are on the cover of the next issue of Radio Ink -- make an annual trip to Myrtle Beach to play in a celebrity golf tournament. They also broadcast their show from the market.
4-10-13
This news comes from Singapore where Triton Digital lands Media Prima Radio Networks as a client. The company will use Triton's advertising platform, including Ad Injector technology. Media Prima Radio Networks CEO Seelan Paul said, ?The ability to replace ads enables us to deliver a personal experience to each and every listener, resulting in increased engagement and audience growth for each of our stations.?
Media Prima Radio Networks is the radio division of Malaysia?s leading integrated media investment group which includes Hot FM, Fly FM, and One FM. Media Prima Radio Networks is the first Asia-Pacific-based publisher to utilize Ad Injector? within its interAds product to deliver highly contextual ads to listeners by means of advanced targeting and online audio ad replacement.
2-21-13
Gow Broadcasting, operator of Yahoo! Sports Radio, says KMZQ-AM in Las Vegas is its newest affiliate. KMZQ launched its new sports format on Tuesday and will carry YSR?s weekday programs hosted by Steve Czaban, Travis Rodgers, Marty Tirrell/Bob Ryan, Geoff Ketchum, plus overnight and weekend shows.
2-18-2013
The CBS Sports Network has added another FM to its growing roster of stations. Monday at noon, WGRY-FM (101.1), which is owned by Blarney Stone Broadcasting, flipped over to the CBS sports network. The station covers Central and Northern Michigan from the suburb of Grayling. WGRY will carry the full network schedule, Detroit Tiger Baseball, Detroit Red Wing Hockey, and Grayling High School sports.