Radio+Television Business Report

Rich Bressler will soon focus fully on his COO role at iHeartMedia. What's happened? The company has given Bressler's CFO duties to an individual who has been its Executive Vice President of Finance and Deputy CFO since joining iHeartMedia in 2019.

Stingray Group Inc.'s broadcast arm is expanding its radio station stable in the home of the Stampede. The deal will give Stingray three FMs in Calgary, joining a Top 40 station and Adult Hits leader modeled after its successful "Boom 97.3" in Toronto.

The man who has served as Senior VP of Media Operations at the broadcasting company that's parent to such stations as WUSA9 in Washington, D.C., and is poised to merge with Nexstar Media Group in 2026 — pending regulatory approval and a likely federal court challenge — has retired.

On Tuesday, RBR+TVBR shared the news that a Class A FM in the tiny city of Jersey Shore, Pa., west of Williamsport, was being acquired by Family Life Ministries. Now, the parent of Family Life Radio is moving forward with the purchase of a Class A FM that can be heard in the Harrisburg, Pa., area.

Add Saga Communications to the list of radio station owners that will participate in an upcoming institutional investor event planned for December 3 at Florida Atlantic University and presented by the financial advisory house that’s home to Director of Research Michael Kupinski.

Paperwork submitted to the FCC for its regulatory approval shows that a radio broadcasting company led by veteran operator Tom Taggart and President Sam Yoho has agreed to sell a pair of West Virginia FMs to a local buyer. 

A roughly two-month battle that saw every broadcast and cable TV channel tied to TelevisaUnivision — including non-owned over-the-air Univision and UniMás affiliates — get pulled from virtual MVPD YouTube TV due to a bitter retransmission consent impasse has ended.

What Cumulus Media calls “a critical inflection point…for the broadcast radio industry as a whole,” Nielsen calls “hyperbolic and baseless,” as the two prepare to square off in federal court over the measurement giant’s Network Policy and the economics of ratings access.

The E.W. Scripps Company's Board of Directors has responded to a $7 per share unsolicited merger offer from Sinclair Inc. by adopting a limited-duration shareholder rights plan, something it says will "ensure that all shareholders receive full value in connection with any proposal to acquire the company."

NRG Media, the radio station ownership group led by CEO Mary Quass, is moving forward with the sale of properties serving a trio of Nebraska cities. Who's the buyer in this deal brokered by Kalil & Co.? Look no further than the Ushers, and we know how much their paying for the former Waitt stations.

Some 45 years after a report produced while shadowing a full-time KTRK-13 news team member made it on the air, much to the News Director's anger, Melanie Lawson will be retiring from the ABC Owned Stations property in Houston. She shared her plans with viewers during Tuesday's 5pm newscast.

An AM radio station with a Construction Permit for 1kw during daylight hours and 80 watts at night from 1 tower, which is presently silent under Special Temporary Authority, is being sold by entrepreneur Jeff Chang. The buyer? It's an owner of radio stations in small markets across California.

The individual that's behind the low-power TV licensee King Forward Inc. has finalized an asset purchase agreement that sees his company acquiring a pair of LPTV facilities serving Northern Nevada's biggest city.

The longtime General Manager of the radio properties serving Baltimore owned by Urban One will be retiring at the end of 2024, ending more than three decades of service to the company led by Alfred Liggins III. Who is his successor?

It was first shared in a blog post from Chairman Carr discussing the agenda for the FCC's December Open Meeting. Now, more details can be shared regarding a Report and Order that would see the Commission amend its rules "to provide regulatory certainty" for all classes of low-power TV broadcasters.

Bill Wilson, Stu Rosenstein and Erik Hellum, along with Claire Yenicay, are finalizing their company's presentation at an upcoming institutional investor event planned for December 3 at Florida Atlantic University and presented by the financial advisory house that's home to Director of Research Michael Kupinski.

It was originally anticipated in early October, but the shutdown of the federal government resulted in a pause of all non-essential efforts at the FCC, which furloughed more than 1,000 individuals over the funding squabble on Capitol Hill.  Now, the Commission has released its quarterly station totals. The big takeaway: commercial AM and FM stations declined in number once again.

The nation's dominant Christian Contemporary Music (CCM) radio broadcasting company has expanded again — this time with a deal that gives them a pair of FM radio stations serving the Colorado River market of Yuma, Ariz.

He's the Chairman of Laramie Jubilee Days, staged each July in the Wyoming city as "a mix of Wild West history, wholesome family fun, and vibrant nightlife." In the radio industry, he's known for his nearly 15 years as the owner of Wolf Creek Radio Broadcasting. Now, Shawn Faxon is adding to his station roster.

It's a unique community-focused noncommercial FM that in recent times has been seeking listener donations to help build a new radio tower, thus making it truly "Williamsport Community Radio." While that effort failed, its future is bright thanks to the sale of its current home and forthcoming move to a LPFM facility.