Industry News

On May 5, Connoisseur Media's acquisition of Alpha Media was officially announced, with Brigade Capital Management contributing much of the cash to make the transaction happen. Late Monday, the official stock purchase and exchange agreement requiring the FCC's approval appeared in the LMS.

A federal appeals court has all but squashed a Biden-era effort to allow the FCC to reinstate "Form 395-B," a document advocates said would assist in increasing employment in broadcast media of women and minorities but opponents claimed would improperly disclose detailed employee data.

The new hybrid commercial creative service for Radio powered by humans and supported by AI founded by veteran radio creative specialist Yaman Coskun is collabroating with a top radio creative shop and an AI audio production platform. It's the latest move that sees technology empower marketer storytelling opportunities.

Inovonics Inc. is no longer manufacturing and distributing its INOmini 635 FM SiteStreamer Web-enabled receiver, concluding a decade-long production run. At the NAB Show, the designated replacement INOmini 645 FM SiteStreamer II was introduced.

In mid-January 2021, the owner of radio stations in North Central Washington state decided to put them on the market. He inked a representation deal with broker Greg Guy, awaited bids, and six months later sold them for $597,500. Now, the group that purchased the radio assets is spinning them.

The next-generation 645 SiteStreamer II will take its place

The post Inovonics Retires INOmini 635 FM SiteStreamer appeared first on Radio World.

He's described as a "pillar of the Tulsa business community for nearly four decades" and a "visionary entrepreneur and optometrist." It appears Dr. Robert H. Zoellner clearly sees the potential for strong cash flow associated with four local radio brands. He's just bought them from Cox Media Group.

The fate of Wendy McMahon has been discussed by media observers for weeks. On Monday, an internal memo sent by McMahon to staff yielded the answer that is not wholly unexpected: she's stepping down as President/CEO of CBS News and Stations and CBS Media Ventures.

Radio industry advocates continue to push for movement during what will be a compressed and politically charged session. Groups including FEMA, the NAB, and a wide range of first responder and public interest organizations have emphasized AM radio’s unmatched ability to reach communities in emergencies.

With renewed vigor and CEO Joe Annotti fully energized about this year's event, the Media Finance Management 2025 Conference formally kicked off Monday following a Hearst Television-sponsored welcome reception on Sunday evening with welcome remarks from the President/CEO of the NAB.