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The iHeartMedia Q2 increase of $27.2 million (3.2%) was driven by events, including the iHeartRadio Music Awards show, iHeart's traffic and weather business and political advertising. CFO Richard Bressler told analysts and investors Thursday he's pleased with the results from the quarter

Entercom reported an increase of 5% in same-station Q2 revenue and CEO David Field, on the heels of a strong first quarter, said the performance of his company in the second quarter was great "on every level."

Here are the details on the blockbuster deal announced Tuesday night. Beasley will pick up Greater Media's 21 stations in seven markets. Greater Media shareholders are expected to receive $100 million in cash and $25 million in shares of the Company’s Class A common stock (at a fixed value of $4.61 per share).

Things have not been going very well for the Yahoo brand lately and David Gow may have seen the writing on the wall. Yahoo has had to write-down over $700 million for its purchase of Tumblr and for the past three months Yahoo has been taking bids on purchasing the company's core business. On the heels of the announcement that Gow Media would be changing sports affiliations from Yahoo! Sports to SB Nation, we reached out to Gow CEO David Gow about why he's making the change and what it would mean to affiliates.

Emmis CEO Jeff Smulyan said Los Angeles continues to be the Emmis weak spot, as the company is still dealing with the defection of Big Boy to iHeartMedia a year ago. Net revenue for March, April, and May came in at $42.7 million compared to $42.6 million in 2015. Excluding Power 106 in Los Angeles, Emmis would have been up 5%. Smulyan said he's encouraged by the pacings in Los Angeles and the company expects to overcome iHeart's Hip Hop challenger around September of this year.

The mothership at the CBS Corporation is planning to take its radio division public by the end of the month. The announcement was made by the company in a preliminary prospectus filed with the SEC on Wednesday. Back in March, CEO Les Moonves announced the company was exploring all alternatives, including a sale, a spinoff, or even a swap of the radio division. The company has been in a quiet period lately and it appears that spinoff will happen sooner rather than later.

(By John Garziglia) On July 4, PBS-affiliated television stations nationwide purported to show live fireworks from the Mall in Washington, DC, without directly informing viewers that they were instead showing “a combination of the best fireworks from this year and previous years. It was the patriotic thing to do” (PBS twitter posting @July4thPBS - 9:28 PM - 4 Jul 2016). This is possibly a violation of Section 73.1208 of the FCC’s rules. Here's what radio managers need to know...

Jinny Laderer has always been around radio. In addition to being a coach in the NFL, her dad was a radio station owner. Radio paid the bills. Jinny’s first husband (she married at 21) was a radio station manager. With a family of her own, Jinny decided to work from home so she could spend quality time with her four children, and she became a Mary Kay consultant. When her youngest entered preschool, she was ready to get back to radio. Today Jinny Laderer is Living The American Dream. Here is her story.