Industry News

Less than two weeks after Allen Media Group closed on the sale of a group of broadcast television stations to Gray Media for $171 million, Byron Allen's Allen Family Digital LLC has reached an agreement to acquire the parent of internet content hubs HuffPost and Tasty — BuzzFeed Inc.

Most recently he led international sales for BE

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It is an FM/HD Radio Dual Tuner Rebroadcast Receiver built around an MRC tuning system

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Zeno Media has expanded its ZenoRadio app by initiating both Apple CarPlay and Android Auto compatibility, bringing global radio content directly into the in-car listening experience. "This allows listeners to access thousands of stations from around the world through their vehicle dashboard," says the company.

Connoisseur Media is asking the FCC to approve up to 100% indirect foreign ownership of its broadcast radio licenses in a structure that would place majority equity in the hands of Cayman Islands-registered entities while CEO Jeff Warshaw retains full voting control.

An advocacy group that has become the biggest thorn in the side of broadcast television station ownership groups has written to the FCC urging the Carr Commission "to prevent and deter 'Big Broadcasters' from evading meaningful FCC review of broadcast transactions." The real beef is over "Big Four" arrangements.

Another $50 million in cost-cutting is coming in the second half of 2026, as the nation's largest audio content creation and distribution company continues to tackle its outstanding debt and move past a first quarter in which revenue improved by nearly 10% overall yet saw adjusted EBITDA decline by 11.4%.

A writ of mandamus is defined as an order from a court to an inferior government official ordering the government official to properly fulfill their official duties. That's what the appellants in Free Press v. FCC want the U.S. Court of Appeals for the D.C. Circuit to issue, so Nexstar Media Group's approved merger with TEGNA gets unwound.

By an unanimous resolution, all 50 state broadcasters associations, and those representing Washington, D.C. and Puerto Rico, have agreed to tell legislators on Capitol Hill to reexamine the "Sports Broadcasting Act." Given the current state of access in the streaming era, in particular with NBA playoff games, the call for a closer look is growing louder.

It was first reported on April 8: The company founded in 1983 by Raúl Alarcón Jr. moved forward with a restructuring support agreement that sees it intend "to commence voluntary Chapter 11 cases" under U.S. bankruptcy code in a Delaware court. On Monday, the bankruptcy filing was made.