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It happens a lot. When a new company takes over, they like to move in their own people, especially in management. That's what happened Tuesday when Beasley Media's $240 million purchase of Greater Media received final government approvals. Here's what we know so far...

As expected, the Beasley purchase of Greater Media closed Tuesday. It was July 19 when Beasley announced it was purchasing the 21 Greater Media stations in seven markets for $240 million. On Tuesday, Interim CEO & Chief Financial Officer Caroline Beasley sent out the following letter, welcoming the former Greater Media employees into their new company

Mac Edwards transfers from Fayetteville where he was running the cluster for Beasley in that market. Steve Chessare, one of Radio Ink's Best Managers in 2016, told Radio Ink, "I'm the luckiest guy on the planet to have had the experience of working with the wonderful people of Greater Media."

Entercom has hired Matt Hanlon as VP/Market Manager for the newly formed Entercom Charlotte cluster. Entercom purchased WFNZ-AM, WLNK-FM, and WBT-AM/FM from Beasley when Beasley spun them off to close on the Greater Media deal. The price was $24 million. Hanlon replaces Rick Feinblatt, who was running those the Greater Media stations.

Beasley becomes the Vice President/ Market Manager for Beasley Media in Fayetteville, taking over for Mac Edwards who moved to the same position in Detroit. Beasley has served as GSM at WQYK in Beasley’s Tampa Bay market since January 2015.

The Interactive Advertising Bureau announced on Tuesday that U.S. digital advertising revenue for the first half of 2016 hit an all-time high of $32.7 billion. That's a 19 percent increase over last year’s $27.5 billion, which was also a record.

Nielsen gave clients no reason other than to say, "We are conducting additional quality control reviews of the estimates for Nielsen Arbitrends Fall 2016 Phase One (Aug/Sep/Oct) data in the markets listed below. ​The release date for the remaining Arbitrends Phase One markets will be rescheduled. We will provide a new release schedule soon." Here are the markets affected by the delay...

iHeartMedia has announced the return of its iHeart80s Party hosted by Martha Quinn, at the SAP Center in San Jose January 28, 2017. The event will feature New Kids on the Block, UB40 Featuring Ali Campbell, Astro and Mickey, Colin Hay of Men At Work, Rick Astley, Starship, Eddie Money, Night Ranger, and others.

The East Texas, Alpha Media station raised a phenomenal $92,000 for the Children’s Miracle Network with their 4th annual two-day radiothon, held October 20-21.

Forbes reports October will be the third month in a row auto sales will decline. In radio's largest advertising category, car sales are down, while trucks, including pickups, SUVs, crossover SUVs and minivans, are doing well.