Headlines

NCAA basketball coaching came together May 20-22 for the American Cancer Society’s 11th Annual Coaches vs. Cancer Las Vegas Golf Classic. The event raised a total of over $1 million. FOX Sports Radio covered the event.

(By Robert Lee)“Elections have consequences,” and, “Someone moved the goalposts.” In reading the objections by a couple of LPFM advocacy groups about the recent deluge of FM translators-for-AM stations applications, I see two things going on: politics, first; and, second, misguided policy by a government agency, the FCC.

Our good friend and programming consultant Gary Berkowitz recently purchased a new car. In the dashboard of Gary's shiny new GM vehicle was an HD radio. Here's what happened when the salesperson got around to explaining what HD radio was to her new customer. And you can bet this doesn't happen when the salesperson gets around to discussing -- or turning on -- SiriusXM.

(By Radio Ink Publisher Deborah Parenti) Last week, Radio Ink ran a series of interviews with radio group owners focusing on deregulation; specifically, what they would like to see the FCC consider when it reviews the ownership caps later this year. As we found out in that series, many of Radio Ink's rank-and-file readers believe lifting current ownership caps will simply give more stations to the bigger groups and nothing will really change.

The company officially filed its financials with the SEC Tuesday after an announcement last week that they'd be coming. Revenue from iHeart's radio division was $744.6 million, down 1.7% from 2017, which was $757.1 million. Excluding political, the radio division was down 2% for the quarter, $739.1 million, compared to $754.6 million in 2017.

Salem Media Group announced on Tuesday that it is selling Christian Contemporary Music Station KGBI, 100.7 FM, in Omaha to the University of Northwestern-St. Paul. Financial details of the deal were not released.

The New York Festivals International Radio Program Awards 2018 finalists have been announced. NYF’s Grand Jury selected 353 finalists from entries submitted from 31 countries worldwide. Winners will be announced on June 18 at the annual awards ceremony at Manhattan Penthouse in New York City.

Retire with Integrity is a new investment show on Envision Networks hosted by Brian Bowen and available to affiliates. Bowen and co-host Tug Cowart tackle an array of financial planning topics.

(By Paul Weyland) I still want to know what I don’t know. I’m crazy for information that would make my life and that of my family better, more luxurious, safer. I like learning things that give me more of a competitive edge in life. And so do most other people, including local direct decision-makers.

On Monday, Urban One, Red Zebra Broadcasting and the Washington Redskins announced that Urban One is purchasing WTEM-AM (The Team 980) from Red Zebra. Urban One has five FM and two AM signals in the DC market already. Urban One has also entered into an agreement with the Redskins to continue carrying all the team's games.