Headlines

On Monday, Spanish Broadcasting System announced that, in connection with its planned recapitalization, the company received a letter from a "recognized multinational financial services broadcast lender" stating that it is highly confident of its ability to arrange $300 million in secured debt financing."

Paul Howard's radio career spanned over 70 years. He was a salesperson for 55  of those years. Howard worked for West Virginia Radio Corporation and Radio Ink ran a profile piece on Howard this past March. Howard died Monday after a short illness at the age of 93. More HERE.

Beasley Media Group's Executive VP of Strategy and Innovation Buzz Knight will leave the company at the end of the 2019 and launch Buzz Knight Media.

The Radio Mercury Awards has announced the final round judging panel for the 29th Annual Radio Mercury Awards. The upcoming panel of top-level agency creative leaders represents radio’s top advertising categories.

Univision radio stations in 15 markets raised $4.7 million dollars during this year's Promesa y Esperanza® (Promise and Hope) radio event December 5 and 6. The money was collected for the St. Jude Children's Research Hospital.

Cox Media Group in Houston raised nearly half a million dollars during its 16th Annual Radiothon December 12 and 13. The total take was $476,800. All the money will be donated to Texas Children’s Hospital.

iHeartMedia Milwaukee’s WRIT-FM in Milwaukee held its 11th annual Wish-A-Thon last week and brought in over $252,000 to benefit Make-A-Wish Wisconsin.

The money raised by WDOK-FM in Cleveland will benefit University Hospitals Rainbow Babies & Children’s Hospital. Funds donated during the annual event helped bring the station’s radiothon contributions to over $3.1 million since 2012.

Cumulus' KSCS-FM in Dallas/Ft. Worth held its 6th Annual Cook Children’s Radiothon on Saturday, December 14, and collected $178,386.97.

WOWO-AM/Ft. Wayne, Indiana's (News Talk 1190) annual charity fundraiser, Penny Pitch, raised over $100,000 for this year’s recipient, Cancer Services of Northeast Indiana, December 12-13.