Industry News

Great for internet radio and FM, poor for AM and shortwave

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The Hearst Television property serving Alabama's largest market as a NBC affiliate, with MeTV Network appearing on a digital multicast channel, has named a Digital Sales Manager. He succeeds Dennis Elkin, who was recently promoted to Local Sales Manager. 

Progressive talk radio is coming to a region that's more Purple than ever, politically. Heartland Signal, through Mr. Rodney Gibbs, has struck a deal through "KFNN LLC" to acquire KFNN-AM and K287BX at 105.3 MHz, licensed to Mesa, Ariz. — stations put up for sale by a federal bankruptcy court judge.

A Class A FM and its Class C 1kw AM sibling, which has an FM translator companion, are poised to see an ownership shift, as Samuel Kennedy has brought in a business partner that is assuming a 50% stake in the parent organization of "Front Porch Radio for Southern Middle Tennessee."

An FM translator serving the Texas city of Waco is about to land in the hands of a new licensee, thanks to an asset purchase agreement submitted to the FCC for its regulatory approval.

As first reported on June 12, Christian Contemporary Music (CCM) noncomm network K-Love has found a home in Baltimore, and it is thanks to Diane Sutter — who has signed off on a deal brokered by Kalil & Co. Terms of the sale, including the price K-LOVE is paying, are now known.

In late February, Scripps moved ahead with a plan to reacquire 23 television stations sold at the end of 2020 to INYO Broadcast Holdings in order to complete its $2.65 billion acquisition of ION Media. This led the FCC to establish a pleading cycle. Final replies were due Friday, and DirecTV chimed in.

Spanish Broadcasting System (SBS) has just promoted its VP/National Sales Manager overseeing its two audio properties serving the home of the 2026 National Basketball Association Champions to the role of General Manager.

The in-person event, scheduled from June 23-26, 2026, brings together receiver manufacturers, technology partners, broadcasters, and "industry stakeholders" to test and validate interoperability across a broad range of NextGen TV services and applications.

Fox Corporation has shared that it intends to acquire Nasdaq-traded Roku Inc. A definitive agreement will see FOX purchase Roku for $160 per share in a combination of cash and FOX Class A common stock, valuing Roku at approximately $22 billion in enterprise value.