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The changes began back in October of 2017 when Steven Price stepped aside as CEO and Bill Wilson and Dhruv Prassad (pictured here) were appointed co-CEO's. On Wednesday Prassad announced he was leaving the company he co-founded with Price.

National Association of Broadcasters President and CEO Gordon Smith is Radio Ink's Radio Executive Of The Year. The NAB scored some very big victories for radio in 2018. Gordon Smith and his team at the NAB are responsible for those accomplishments.

Noble Financial Director of Research Michael Kupinski has upgraded the company from market perform to outperform. He believes the stock could go as high as $14.00. Cumulus closed at $10.71 Tuesday. In a note to investors this week Kupinski highlighted Cumulus' restructured debt, and advertiser guarantees as reasons for his upgrade.

(By John Garziglia) In the radio interview immediately following the Detroit Lions loss to Buffalo, Head Coach Matt Patricia dropped the F-bomb, saying: “Look, for us, it’s not different. We go out, we compete, we try to win and we try to f***ing get better every week”.  

Rep firm Gen Media Partners has purchased Regional Reps and The Tacher Company. The acquisitions come on the heels of Gen Media Partners’ recent purchase of the Sun Broadcast Group Network bringing Gen's roster of radio stations it represents to 4,000.

On Monday, iHeart announced some good news regarding its bankruptcy proceeding. The company says it has received overwhelming creditor support for its plan to reorganize. iHeart filed for chapter 11 protection back in March and is expected to emerge in 2019 with 50% less debt, knocking off $10 billion.

In this day and age, sitting in your office shuffling papers will not cut it if you want to be a successful leader. Just ask Brian Lang, Regional Market President for Townsquare Media, who's one of Radio Ink's Best Managers for 2018.

A big thanks to Tich McWilliams for bringing us this weeks Advertiser Success Story. Tich is a streetfighter at Tuned In Broadcasting's WRLT Lightning 100.1 in Nashville. Tich's client Trim Healthy Mamma used radio in a very creative way to help grow their lifestyle brand in Music City. (Our weekly Advertiser Success Stories are sponsored by Sun & Fun Media)

The $150 million Triton purchase by Scripps was at a revenue multiple of 3.7X ($40 million), and Scripps executives boasted on a conference call Wendesday that they "got a really good deal." They saw Triton as a target and went after it.

Julie Judge is the National Sales Manager for Hubbard Radio in Seattle. Last week at The Radio Show, Julie's name was called by Radio Ink Publisher Deborah Parenti as the 2018 Radio Wayne Award winner in the NSM category. She tells Radio Ink that when she heard her name called, "It was an awesome feeling of elation, excitement, and pride all at the same time."