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The radio industry has an impressive record when it comes to helping victims of natural disasters. This time it’s the recent floods that have devastated parts of Louisiana. Alpha Media is using its national reach to encourage listeners to give to the Red Cross relief effort.

In a letter to Emmis employees about his proposal to take Emmis private, CEO Jeff Smulyan said he's a firm believer in the power of radio and magazines. "Unfortunately, Wall Street does not share our strongly held view of these businesses. Investors have fled the radio and magazine industries."

If Smulyan's deal is approved, to reduce debt, he says he'll "explore alternatives for Emmis’s publishing division (other than Indianapolis Monthly magazine), WLIB-AM in New York and its radio stations in Terre Haute, Indiana.

Alpha Media stations Mix 94.1 WHBC-FM and News-Talk 1480 WHBC-AM, in Canton, OH teamed up with AultCare for the 9th Annual AultCare Wish-A-Thon. A healthy $158,673 was raised with all proceeds going to Wishes Can Happen Inc., a local charity that raises funds for children with life threatening illnesses.

In a letter to the Emmis Board of Directors, CEO Jeff Smulyan is making a play to take the company he founded back in 1980, private. His offer is $4.10 per share, which amounts to approximately $46.5 million. He says it's a very fair offer.

It hasn't been a front page news story with the Summer Olympics and the Presidential Election being so prominent in the news lately. However at least 13 people are dead and 40,000 homes damaged because of flooding in Louisiana. The Red Cross calls it the worst disaster since Hurricane Sandy four years ago and estimates damage so far at $30 million.

Vilnord Simon is caught again for operating an unlicensed station at 103.1-FM in North Miami. The Commission says it warned Simon in writing that operation of this unlicensed station was illegal and that continued operation could result in further enforcement action. His repeat offender status has earned him a $15,000 government fine.

On Thursday afternoon, Entercom's Sports Radio WEEI announced that long-time morning personality John Dennis will step away from his co-hosting role immediately. There had been rumors recently that the morning show grind was taking its toll on Dennis. The reason the station gave was so Dennis could address health concerns.

Syndicated morning host Elvis Duran was featured on Foxbusiness.com where he told viewers traditional radio is not going to die. It's going to evolve, he adds, "We are seeing the shift. It’s working in our favor … keep listening. We are always evolving. Evolve with us” Watch the entire Elvis video HERE.

Townsquare CEO Steven Price's philosophy has always been to diversify. Townsquare uses the power of radio to promote, execute and drive attendance to local concerts, fun runs, craft beer festivals and other events.