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The Multicultural Media, Telecom and Internet Council has sent a letter to the new administration called "Twelve Imperatives to Close the Digital Divide and Advance Multicultural Media and Telecom Ownership and Procurement in the First 100 Days of the New Administration." Point number 12: Create a “Glide Path” for the Short-Term Survival and Long-Term Humane Decommissioning of the AM Band in a Manner that Preserves Minority Ownership.

Former radio station owner Greg Walden has been elected Chairman of The House Energy and Commerce Committee. Walden, who owned radio stations in Oregon at one time, has been a great friend to radio in Washington. (Read our 2015 cover story with Walden HERE). He said he was deeply honored to earn the support of his colleagues...

An iHeartMedia spokesperson told Radio Ink over the weekend that, "We are pleased with the Delaware Chancery Court’s decision to dismiss the lawsuit." Delaware Court Judge Joseph Slights ruled in favor of iHeart dismissing the lawsuit filed by Gamco Asset Management, which claimed iHeartMedia improperly moved revenue from Clear Channel Outdoor.

That's the view from Galaxy Communications CEO Ed Levine (pictured right) who was part of Radio Ink's Independent Operator panel at Forecast 2017. Levine's point: If Facebook and Google can own 100% of the digital space in his market, why can't he own 100% of the radio stations in his market?

The election for a new United States President is finally over. In January, Billionaire businessman Donald Trump will take over for President Barack Obama. Exactly what that means for radio, or regulations guiding radio, if anything, will not be known for months if not years. Is all-out Republican leadership good for the media ownership rules or foreign ownership? How will the FCC stack up once Chairman Wheeler departs? Could there be even more deregulation? Radio Ink surveyed CEO's and other executives around the industry to get their opinion on what lies ahead. Here's what they had to say...

If you listened to Radio One CEO Alfred Liggins on his earnings call, you might come to the conclusion that he believes the Classic Hip Hop format -- or BOOM, as Radio One calls it -- has run its course. Radio One created the Classic Hip Hop format, and yesterday Liggins said, "We invented the format and we're the first to exit the format. It is not a sustainable long-term ratings getter."

The streaming pure-play is banking on the fact that millions of American consumers, who've gotten into the habit of not paying much, if anything at all, for music, will pay a monthly fee for their service. And Pandora CEO Tim Westergren is very confident he has the product those consumers will pay for.

Hubbard Radio COO Drew Horowitz is one of the most well respected executives in the radio industry today. His rise to COO is one many young broadcasters would be wise to study. It's ripe with hard work, focus, drive and a commitment to winning.

There was always speculation buzzing around the industry that Entercom CEO David Field wanted at least the opportunity to make a pitch for Greater Media before the company was sold to Beasley. This week Field wound up with a small piece of Greater Media when Entercom announced it was purchasing three Greater Media stations in Charlotte as part of Beasley's planned divestiture of the four GM Charlotte stations in order to comply with FCC ownership regulations.

The 50th Annual CMA Awards will air live on Wednesday, November 2, 8-11 p.m. on ABC. And radio will get things rolling in advance with a two-hour special on ABC Radio, October 28.