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Radio Deal Volume Hits $68.7 Million in Q3 2022

SandP Global Market Intelligence

According to a new quarterly analysis from Kagan, the media research unit of, broadcast deal volume in the third quarter of 2022 reached $68.7 million in the radio market and $14.3 million in the TV section. S&P Global Market Intelligence registered six radio transactions of $10 million or higher this year. Three of them were announced More

KSCO-AM/Santa Cruz CA Fined $20K for Nighttime Signal

Federal Communications Commission

The FCC has proposed a $20,000 fine against Zwerling Broadcasting System's KSCO-AM/Santa Cruz, CA, for operating non-directionally at night at 1kW. Since 1970, the station has been authorized to operate in a non-directional mode at 10kW during daytime hours, and in a directional mode at 5kW during nighttime hours. The original complaint More

PMG Expands Hawaii Radio Group with KFMN-FM Purchase

Pacific Media Group

Pacific Media Group, a Hawaii-based media company with statewide radio, website, app, TV channels and digital products, has entered into an agreement to purchase KFMN (FM 97) on the island of Kauai. The purchase agreement is subject to FCC approval. Pacific Media Group also executed a Time Brokerage Agreement (TBA) that became effective More

FCC Denies Listener Objection to $60 Million LMN Acquisition

Latino Media Network

An attempt by Miami listener Pedro Roig to stop the $60 million purchase of 18 radio stations from TelevisaUnivision has been denied by the FCC's Audio Division. Latino Media Network, a new company founded by entrepreneurs Stephanie Valencia and Jess Morales Rocketto, agreed to acquire the 18 outlets in ten markets in an all cash More

Radio By Grace Supports Geo-Targeting in FCC Letter

Federal Communications Commission

Radio By Grace, a religious broadcaster with stations in south Florida and Texas, has sent a letter to FCC Chairwoman Jessica Rosenworcel in support of the proposed rulemaking change for broadcast radio to include geo-targeting. It the letter from William Gehm, its president, he said, "We believe the pending More

IBBA Files Letter with FCC Supporting Geo-Targeting

International Black Broadcasters Association

Rob Neal of the International Black Broadcasters Association has filed a letter with the FCC adding the support of the IBBA to the chorus of voices from the minority broadcasting community supporting the proposal to permit FM broadcasters to provide hyper-local content using geotargeting booster technology. More

NABOB Discontinues Support for Radio Geo-Targeting

Federal Communications Commission

NABOB President and CEO James L. Winston filed a letter with the FCC on October 27 notifying the agency that the NABOB Board of Directors voted 6 to 4 to discontinue its support of the proposed Commission rule amendment that would permit FM boosters to transmit separate content up to three minutes per hour. More

SMM Acquires 46 Pennsylvania Stations from Forever Media

Seven Mountains Media

Kristin Cantrell's Seven Mountains Media has agreed to acquire 34 stations and 12 translators in five Pennsylvania markets from her father Kerby Confer's Forever Media in a deal valued at $17.4 million, plus the assumption of debt. Included in the deal are stations in State College, Altoona, Johnstown, More

FCC Commissioner Starks Talks Radio Geo-Targeting

FCC Commissioner Geoffrey Starks

FCC Commissioner Geoffrey Starks said during an appearance on Thursday's National Newspaper Publishers Association's live morning news broadcast, "Let It Be Known," hosted by Senior National News Correspondent Stacy Brown with special guest NNPA President & CEO Dr. Benjamin F. Chavis, Jr, that radio More

TX, CO Broadcasters Correct the Record about GBS Support

Federal Communications Commission

Four broadcasters from Texas and Colorado have filed letters with the FCC requesting their names be removed as supporters of GeoBroadcast Solution's petition in front of the Commission supporting geotargeting on FM boosters. Texas station owners Falls Media LLC President Dan Balla and Q-Media Group More

Beasley Media Enters into Exchange Agreement with Audacy

Beasley Media Group

Beasley Media Group has entered into an asset exchange agreement with Audacy, whereby Beasley will exchange News/Talk KDWN-AM (720) and its translator at 101.5 FM for Alternative KXTE-FM (107.5) in Las Vegas. As part of the deal, longtime Las Vegas-based syndicated morning More

NAB Town Hall Provides Year-End Broadcast Issues Insight

National Association of Broadcasters

The National Association of Broadcasters (NAB) hosted a virtual town hall on Tuesday to brief NAB members on advocacy and business issues facing the broadcast industry for the remainder of the year. NAB President and CEO Curtis LeGeyt was joined by senior executives and public policy staffers to offer More

Magnum Media Closes on Acquisition of Two in Eau Claire

Magnum Media

Magnum Media has closed on its previously announced acquisition of 25kW AC WCFW-FM (105.7) and 250W AC W256AE (99.1), both licensed to Chippewa Falls-Eau Claire, WI from Roland L. Bushland, dba Bushland Radio Specialties/WCFW. Rollie Bushland stated, "Pat and I appreciate the More

FCC Improves Emergency Alert System (EAS) Messages

Federal Communications Commission

The FCC has updated its Emergency Alert System rules so that alerts delivered over radio and television are more informative and easier to understand by the public, particularly people with disabilities. EAS, which is used by government agencies to send alerts and warnings to the public, is comprised of both More

NAB Files Ex Parte with FCC Over GBS Zonecasting

National Association of Broadcasters

NAB filed an ex parte with the FCC Thursday regarding a proposed rulemaking that would enable GeoBroadcast Solutions to license its proprietary booster technology to FM stations. In the filing, NAB raised concerns with the proposal's merits in the context of "credible and public accusations" regarding the More

IBA Wraps Up First Members-Only Conference

Independent Broadcasters Association

The Independent Broadcasters Association (IBA) presented its first IBA Members-Only "In-Focus" Conference Wednesday at the Intercontinental at Doral in Miami. The inaugural one-day event drew attendees from across the country, representing more than 500 radio stations owned and operated by independent More

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Copyright © 1989-2023 RADIO ONLINE ®

Copyright © 1989-2023 RADIO ONLINE ^®