Beasley Weighs Reverse Stock Split To Avoid Nasdaq Delist
In October, Beasley Media Group received a warning from Nasdaq to bring its stock price above $1.00 within 180 days to avoid a delisting. Now Beasley has secured a second window to bring the price up - and "all reasonable available options" are on the table.
Congress Takes Action To Incentivize Diverse Broadcast Ownership
US Representative Steven Horsford has introduced the Broadcast Varied Ownership Incentives for Community Expanded Service (VOICES) Act, which seeks to enhance diversity in broadcast media ownership by way of restored incentives for investment.
Norsan Media Adds To Texas Portfolio With Genuine Austin Buy
Norsan Media continues expanding its reach - this time to the Southwest - with the acquisition of new radio stations in Austin, TX. In conjunction with its expansion, Norsan has named Edgar Saucedo as the broadcaster's Southwest Market President.
NPR Affiliate Claims ‘Sovereign Immunity’ In Defamation Lawsuit
Last year, former St. Louis Public Radio General Manager Tim Eby filed a lawsuit against the University of Missouri Board of Curators, which operates the station, for defamation. Now the NPR affiliate's legal defense says it has "sovereign immunity" from the litigation.
We’re Back!
(By Pat Bryson) I returned from the National Association of Broadcasters convention last week. The 5 days were filled with sessions on a multitude of topics: engineering, programming, sales, podcasting, the future of radio, and, of course, AI.
A Totally Free Way To Encourage Your Sellers Now
(By Loyd Ford) Perhaps you’ve heard of our free Quarterly Radio Sales Events available on your smartphone. Sometimes it’s sellers, sometimes sales managers, or someone else engaged in the sales process for radio, but the gathering has a purpose:
Building Trust – Setting Appointments
(By Rick Fink) Trying to set appointments can cause a lot of fear and trepidation for most salespeople. In many cases when new reps fail, the blame can be attributed directly to the fear of cold-calling and the inability to set appointments.
Both Revenue and Loss Decreased For Cumulus Media In Q1
Cumulus Media has released its preliminary financial results for the first quarter of 2024. The company anticipates reporting net revenue between $199.0 million and $201.0 million, a net loss ranging from $14.9 million to $13.4 million.
Nueva Network Grows Digital With Launch Of ‘Nueva Plus’
Hispanic broadcaster Nueva Network has unveiled its new digital platform, Nueva Plus, three years after its initial development. This launch is part of a collaborative effort with multicultural streaming and digital content distributor Zeno Media.
Broadcasters Foundation Dedicates New Award To Phil Lombardo
In memory of its former longtime chairman, the Broadcasters Foundation of America has introduced The Philip J. Lombardo Spirit Award. The inaugural recipient of the Spirit Award will be announced in the lead-up to the 2025 Golden Mic Award Gala.
Our Print Magazine: Radio Ink
With Lou Paskalis
Radio's Top 20 Leaders
Information Or Transformation?
