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Since March, iHeartCommunications has been trying to convince lenders and bondholders to restructure about $15 billion of the company's debt. What iHeart was offering the lenders has not convinced them to buy into the plan and iHeart has continued to extend the deadline of their offer. There has been a counteroffer made by one of the lenders which that lender believes may bring other lenders in.

Financial forecasters and radio executives will discuss radio’s regulatory and economic future in a session titled “Pillsbury’s Broadcast Finance 2017: Is Radio Ready for a New Deal?,” Wednesday, September 6, from 8:00-9:30 a.m. at the Radio Show in Austin.

With input from RAB’s Sales Advisory Committee and the Local Market Advisory Sub-Committee, the Radio Advertising Bureau has launched its newly designed "Why Radio" micro-site. The site is focused on featuring the latest research and insights to help members tell radio’s story.

We now know when the Mike & Mike morning show on ESPN Radio will end and the Golic & Wingo show will begin. ESPN says the new program will begin airing November 27. Mike Greenberg is moving over to television where he'll host his own show. Greenberg and Golic have been hosting mornings on ESPN for 18 years. Their last day will be November 17.

On Monday, United Stations Radio Networks announced a partnership with The House of Hair and The Daily House of Hair Cut. USRN will handle ad sales for the national commercial time in the shows, which are hosted by Dee Snider. Bernadette Productions will handle affiliate relations.

They call it "93 Days of Kindness," but you get the idea that Scotty and Bret, hosts of Cumulus Media-Dallas-Fort Worth's Hot 93.3 morning show, Scotty K and Bret Mega Mornings, would be kind all year round. The guys teamed up last Wednesday with the Dallas Fallen Officers Fund to do their part in honoring Officer Mark McCullers, a Southern Methodist University police officer, father of six children, and former U.S. Marine, who tragically lost his life in the DFW-area flash floods last August.

Non-commercial Radio Milwaukee is celebrating its 10th anniversary and it’s doing it with its own beer. Lakefront Brewery has partnered with Radio Milwaukee to brew 88Nine Amplified Pale Ale, available now on draft at dozens of area taverns, restaurants, and stores, while stocks last. 

Remote News Service has signed the Maryland News Network, “The Voice of Maryland,” to deliver news content to 14 stations in markets including Frederick, Myersville, and Salisbury. The deal brings RNS' hyper-localized news content to a total of 62 stations across the U.S. through imaging company Benztown.

It will be a battle among radio greats in the "Best Broadcaster" Radio Wayne category this year. The lineup of superstars in this category are: Neuhoff Media CEO Beth Neuhoff, Connoisseur Media CEO Jeff Warshaw, Curtis Media CEO Don Curtis, NRG Media CEO Mary Quass, and Cromwell Group CEO Bud Walters. Here are all of our 2017 nominees...

Radio Ink’s Lifetime Leadership Award is presented each year, in conjunction with our 40 Most Powerful People in Radio list, to a radio executive who has demonstrated over the course of his or her career a commitment to excellence and has set a standard in leadership for others to emulate. Previous recipients include Lowry Mays, Ralph Guild, Gary Fries, Eddie Fritts, Bill Burton, Gordon Hastings, Ed McLaughlin, Jerry Lee, Charles Warfield, Dan Mason, and Cathy Hughes.Our 2017 Lifetime Leadership Award recipient is Bruce Reese.