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Saga Communications net revenue from radio in Q2 was $30.3 million compared to $30.9 million in 2016. CEO Ed Christian said he did telegraph that Q2 would be choppy but it's still painful to report a down quarter. "The good news is there is good news."

Fresh off the sale of its remaining TV stations and the purchase of 8 radio stations in Charleston, Hilton Head and Beaufort, SC, Saga is getting ready to announce even more radio station buys. CEO Ed Christian says he's been spending a lot of his time looking for stations.

In addition to the investment (the amount was not disclosed), Entercom says it will provide DGital with "significant annual marketing and promotional support" across its radio platform, which at the moment includes 126 radio stations in 28 markets. DGital Media was launched in May of 2015 by former DialGlobal/Westwood One co-CEO's Spencer Brown and David Landau. There will be no management changes at DGital. 

The company awards Pat Walsh with a new deal through 2019 as Emmis' President and Chief Operating Officer. His base pay will be $625,000, with annual increases of up to 2.5%.

Following the closing of the new auction window for FM translators, FCC Chairman Ajit Pai said over 1,000 stations applied. "These translators will enable many of these AM stations to broadcast local programming to their communities at night for the first time."

If you only operate a radio station for one day a year are you really a radio station? On Thursday, the FCC took up the matter of WRAX-FM in Lake Isabella, Michigan which has filed for a license renewal. The problem is the Commission says the station only operated one day a year since it was initially licensed seven years ago. The station is owned by Radioactive (Randy Michaels).

Lazer Broadcasting is purchasing KWNZ-FM, KNEZ-FM, and KZTI FM, and Big Horn Media is buying KRZQ-FM from Times-Shamrock Communications. MVP Capital represented Times-Shamrock in both transactions.

Since Mary Berner took over Cumulus nearly two years ago, one of the company's main goals has been to improve ratings. Cumulus owns some of radio's most recognizable brands, including WPLJ and WABC in New York, WLS in Chicago, KGO in San Francisco, and many others.

The recent successful Alaska cruise celebrating the 30th anniversary of the ministry included a special opportunity for those on board to give back to the people of Alaska by providing a backpack full of school supplies for needy children in the state capitol of Juneau

You could hear the frustration in the Urban One CEO's voice about his company's performance. Alfred Liggins said it was tough all around, lead by a downward trend in the radio business and Reach Media.