Headlines

USRN is expanding its association with Scott Shannon by distributing his 24-hour True Oldies Channel to radio stations across the country. Shannon launched the channel back in 2004 and he still programs it and hosts on the channel.

If you're in Nashville this week, head to one of the magazine bins at the Omni Hotel, and grab the latest issue of Radio Ink. Open the issue up to the special Radio Wayne section and check out our exclusive interview with the new Cumulus CEO about her one-year anniversary and how she's improving the culture across Cumulus' hundreds of radio stations.

And that's thanks to the new subscription models being launched by online streaming companies, according to cNet. Sales from streaming music were up 8.1 percent to $3.4 billion in the first six months of 2016 compared with the same period last year, according to the website.

Texting provider Zipwhip has signed on 39 of CBS's radio stations, in 15 major markets, including New York, L.A., and Houston. The goal of the deal is to make engagement with CBS Radio listeners easier.

A new report from Nielsen highlights how the growth of the way consumers take in their audio has been very good for the radio industry. In Nielsen’s latest State of The Media: Audio Today report, the ratings firm says radio continues to dominate the growing audio marketplace, with more than 268 million Americans tuning in on a weekly basis.

It's a 60-page independent evaluation that BIA/Kelsey has put together on CBS Radio as the broadcaster approaches its IPO. The company dug into the local advertising in each of the 26 markets where CBS Radio operates, and offers a valuation of CBS Radio under multiple approaches. Here's what they had to say...

The Radio Show is now underway in Nashville and the two host organizations, the RAB and the NAB have released a list of the sessions that will be streamed live as well as archived on the website www.radioshowweb.com.

CBS Radio and Westwood One have renewed their multi-platform content and distribution agreement, meaning Westwood will continue to distribute CBS Sports Radio, which has 300-plus affiliates and features hosts like Jim Rome and Doug Gottlieb; CBS Radio News; and The Daily Download With Carson Daly.

Tessera Technologies has agreed to buy HD Radio Parent DTS in an all-cash deal valued at around $850 million. The combined company will be headed by Tessera CEO Tom Lacey while DTS Chairman/CEO Jon Kirchner will serve as president. DTS acquired HD Radio developer iBiquity in September of 2015.

102.5 WDVE Rocks’ on-air personalities Randy Baumann, Bill Crawford, Val Porter, Mike Prisuta, Michele Michaels, and Sean McDowell broadcast on-site from the Eat’n Park Atrium at Children’s Hospital of Pittsburgh of UPMC Thursday, September 15 through Saturday, September 17. In the process, the station helped raise $605,000 for the hospital’s foundation.