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Being able to spin off four stations to Entercom in Charlotte for $24 million as part of the Greater Media transaction will play a big part in helping Caroline Beasley bring down the company's debt. And that's what she plans to use that money for. Keeping debt low is why Beasley says the outlook for more growth is attractive.

She's been interim CEO Since March, following George Beasley’s medical leave of absence. As of January 1, the interim tag comes off and Caroline Beasley will become the company's permanent Chief Executive Officer.

After years of stagnation, radio properties might be getting hot again as recent consolidation and restructuring by the industry’s major groups have put almost all markets back in play. From heritage signals in the top 20 to thriving stations in midsize to small markets, these properties are healthy and generating revenue. At Forecast 2017 leading bankers, brokers and equity investors will consider "Prospects for Radio as an Investment in 2017: The Real Street Talk."

He's been MIA from radio for the most part, however, Breitbart reports Donald Trump is running new radio ads on Christian radio stations in battleground states including Ohio, Colorado, Florida, North Carolina, Iowa, Pennsylvania, New Hampshire, Wisconsin, Michigan, Virginia, and Arizona. The ad is called "Stand," and it's aimed at evangelical voters and features Liberty University’s Jerry Falwell, Jr. Here's the text of the ad.

As we reported Wednesday, Nielsen said it was conducting quality control reviews of the estimates for Fall Arbitrends in 10 markets. Late Wednesday, Nielsen reported some of the files were inadvertently processed out of sequence, resulting in some of the listening entries being treated as unidentified listening. The problem was fixed and the Arbitrends Phase One markets will release as originally scheduled.

The company entered into a new senior secured credit facility and used the proceeds to refinance its existing senior secured credit facility and issue a call notice and fund the redemption of its $220 million 10.5% senior notes due 2019 and discharge the indenture governing the notes. The effective date of the redemption of the Notes is December 1, 2016. The New Credit Facility consists of a $480 million term loan and a $60 million revolving credit facility.

Imaging and production company The Mix Group has been named the exclusive presenting sponsor of the 28th Annual National Radio Hall of Fame Induction ceremony.

As polls begin to close across the country on Tuesday, November 8, NPR News will offer special coverage of Election Night 2016. NPR News coverage will be available to listeners on member stations, at NPR.org, on Facebook, and on the NPR Politics Podcast.

John Fullam was running the Greater Media cluster for Philadelphia, where Beasley had three AM stations before the Greater Media deal. Fullam is staying on until the end of the year to help with a smooth transition to another manager. No word yet from Beasley on who that new manager might be. Fullam was in Philadelphia for 12 years.