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Friday, July 3, 2015

Mapleton Refinances Successfully




Mapleton Refinances Successfully
Jul 2nd 2015, 20:21
Mapleton Communications in Monterey, CA announced on Thursday that the company has successfully completed its refinancing with loan partners Webster Bank in Waterbury, CT and Balance Point Capital Partners in Westport, CT. Mapleton CEO James Shea said, "We are so pleased to be partnering with two very experienced lenders that are active in the radio industry and share the same positive view of Radio's future." Mapleton owns and operates 42 stations in eight small and medium markets in California, Oregon, Washington and Louisiana. Corporate Partners, a private equity firm based in New York City, remains the majority shareholder of Mapleton Communications.




FCC Names Congressional Liaison






FCC Names Congressional Liaison
Jul 2nd 2015, 19:33
FCC Chairman Tom Wheeler announced the appointment of Mike Dabbs as Director of the FCC Office of Legislative Affairs. Dabbs and his team will lead the Commission's communications with the U.S. House and Senate. He replaces Sara Morris who exited in April to join iHeartMedia's Government Affairs team. Dabbs will work alongside Deputy Director Andrew Woelfling, who has served as acting director since Morris' departure.