Sweeping Cuts Ongoing at iHeartMedia
Many of the names have multiple decades of market experience
The post Sweeping Cuts Ongoing at iHeartMedia appeared first on Radio World.
Industry News
HVS To Represent Mediaproxy In Domestic TV Market
A Wisconsin-based systems integrator has been selected to represent Mediaproxy's range of technologies in the United States, allowing it to offer U.S. television stations such products as LogServer and Monwall — and offer them as part of its installation portfolio.
Tech Stocks, Nexstar Rebound On Wall Street Rollercoaster
With Thursday's Closing Bell for U.S. financial markets, the mood was decisively glum for Nexstar Media Group shareholders, as "NXST" finished the day at $154.70 — a $13.27 decline from Wednesday. As Friday's trading session entered its final hour, the Nasdaq-traded stock had started to slice away at yesterday's big dip.
FCC Approves A Seven-Signal Deal For Curtis
With Kalil & Co. serving as the exclusive broker in the transaction, Curtis Media Group in late April filed paperwork with the FCC seeking its approval of a deal that would see it acquire four FMs, one AM and two FM translators in the Wilmington-New Bern-Jacksonville, N.C. market. The Commission has OK'd the deal.
FCC Affirms ‘PIRATE’ Fine, Issues Two NPRMs To Broadcast Buccaneers
As 2026 began, the Enforcement Bureau notified the individual identified as the operator of an unlicensed FM radio station that he would face a possible fine for $20,000 for his illegal activity. The Commission has just affirmed that proposed fine, while simultaneously issuing two proposed forfeiture notices to a pair of other radio pirates.
A Pine Belt Pluck For Gray Media Creates Four-Network Group
It has a formidable position in the market, thanks to dual ABC/NBC affiliate "WDAM7" and Telemundo affiliate WLJA-LD. Now, Gray Media, which entered this Deep South locale through its Raycom merger eight years ago, is adding a low-power FOX affiliate to the mix. Kalil & Co. served as the seller's broker of record.
Delaware Bankruptcy Court Signals OK For SBS Reorganization
The judge overseeing the plan to emerge from debtor-in-possession status submitted by Spanish Broadcasting System has been given the green light, putting the wheels in motion for the company founded in 1983 by supermajority owner and equity interest holder Raúl Alarcón Jr. to reorganize SBS.
Public Interest Groups Seek To Squelch Any ABC Deal
A public interest organization has been joined by a "group of concerned citizens" in filing a Petition to Deny the early license renewals of ABC Owned Stations' properties. To be clear, Media Action Center and Frequency Forward are not trying to block the stations' license renewals. Rather, they see the action as the lone way to gain standing.
iHeartMedia Expands Partnership With Amazon Ads
The media company is serving as a local reseller of its audio and video inventory
The post iHeartMedia Expands Partnership With Amazon Ads appeared first on Radio World.
For iHeartMedia, A Bigger Amazon Ads Relationship
An expanded relationship with Amazon Ads has been inked by the leading audio content creation and distribution company in the U.S., serving as a local reseller of its audio and video inventory. This builds a bigger bridge between iHeartMedia and a "Big Tech" company broadcasters and the NAB are fighting on Capitol Hill.
