The Saga Communications Board of Directors approved the dividend for its Class A and Class B shares which will be paid on April 15 to shareholders of record on March 28.
The translator is K285EU, which Cox purchased from Houston Christian Broadcasters out of Houston. The price for the translator was $350,000, and Bill Whitley from Media Services Group was the broker for the seller.
Radio's biggest advertising category had another huge month. Americans bought or leased 1.34 million vehicles in February, which translates to an annual sales rate of 17.5 million. Ford sold 20.2% more new vehicles in February than a year earlier, Fiat Chrysler was up 12%, Toyota's sales rose 4.1%, Nissan posted a 10.5% increase and Honda sales jumped 12.8%. GM sales fell 1.5%. Low gas prices and 29 days in February helped fuel the strong month.
We have dueling answers on that question as you'll read in this story. Just like we've been getting on the FCC's plan to allow smaller AMs, on the same frequency as Clear Channel AMs, to operate at night. You could argue that if you lived in Florida and you still love to listen to WGY in Albany, just pull up iHeartRadio on your phone. Does anybody really care anymore about driving across the country at night listening to the same "staticy-sounding" AM station as you cross several states?
The company is giving the San Jose station back to its owner, Universal Media, but does not want anyone to think this is a shot at the NASH brand. Here are the details...
More than 325 broadcasters attended The Broadcasters of America 2016 Golden Mike Award dinner honoring iHeartMedia CEO Bob Pittman this week. The event, held at The Plaza Hotel in New York City, was hosted by Elvis Duran and took in over $400,000 for the Broadcasters Foundation.
This is the story about former KYGO (Denver) host David Mueller (pictured) who claims he was fired after Taylor Swift falsely accused him of groping her at a 2013 concert meet-and-greet. Mueller is now saying Swift slandered him.
Miami is one of the Hispanic format's hottest cities and Univision is making some adjustments to WQBA-AM in that city. “LA Voz de Miami” (Miami’s Voice), formerly Univision America Miami, now features local news, analyses, political commentary, and entertainment. Here is a look at the station's brand new lineup...
The FCC's plan to revitalize the AM band is a very hot topic in our industry right now. And the part of the plan that will impact the big booming AMs heard all across the country, has generated an interesting debate, often between those owning or operating AM radio stations. Our coverage of the topic yesterday generated a ton of feedback, including this very detailed piece by Doc Searls (pictured here).