Industry News

For Beasley Media Group CEO Caroline Beasley, last year wasn't easy, but she believes the company founded 65 years ago by her father did what was necessary to steer through Class V rapids and avoid any cascades.

Industry insiders believe divestments of more stations are in the works in multiple markets as key institutional investors such as Mario Gabelli have their eye on a fiscal turnaround. When will that happen? Not anytime soon, based on the Q4 and full-year 2025 results Beasley released on Wednesday morning.

A pair of legal challenges filed Tuesday in a Houston U.S. bankruptcy court have put a dark cloud on Cumulus Media’s prepackaged Chapter 11 reorganization plan and emergence from debtor-in-possession status.

Nexstar Media Group, with founder Perry Sook present, reluctantly moved forward with agreeing to a preliminary injunction that will keep TEGNA Inc.'s assets separate. A decision to move forward with the injunction now awaits in a Sacramento federal district court.

Every dollar matters for the noncommercial secular radio and television properties found across the U.S. That's why noncommercial station licensees may have great interest in a private underwriting and sponsorship marketplace purpose-built for public media.

With loss of federal funding as a backdrop, public radio engineers will reconvene

The post PREC Returns Amid Turbulent Times in Pubradio appeared first on Radio World.

Sigma Audio Networks is expanding its national audio platform by putting Estrella Media's "Don Cheto al Aire" into national syndication while handling national ad sales. Concurrently, it is offering its WQHT "HOT 97" in New York morning show to all interested parties across the U.S. in a new syndication deal.

In May 2024, E Radio Network LLC agreed to acquire an AM/FM combo with an accompanying FM translator in Vivian, La., from MLS Broadcasting Inc., in a deal that required bankruptcy court approval, as the seller had filed for Chapter 7 dissolution. Now, E is selling those three Bayou State audio properties.

Scripps Sports can celebrate winning a fifth pro hockey team, thanks to a "landmark" multi-year rights deal with the on-ice home of Filip Forsberg. The agreement begins with the 2026-2027 season, thus avoiding any late-season "blackouts" as Scripps' two Nashville broadcast TV stations aren't available on Xfinity systems.

Peter Jones led national and local go-to-market strategy and oversaw the revenue organization as Vice President of Revenue at Premion, a TEGNA company. Now, he's taking a key sales role at local advertising platform Madhive.