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The 28th Annual National Radio Hall of Fame Induction ceremony and celebration is set for Thursday, November 17 at the Museum of Broadcast Communications in Chicago. The industry can now make nominations for the Class of 2016 by emailing them to [email protected].

That's according to a report in The New York Post which says hedge fund manager Paul Singer bought an insurance policy on iHeartMedia’s debt — while trying to get iHeart to file for bankruptcy.

Greater Media will celebrate 60 years in the radio business, Thursday. The company was founded in 1956 by Yale classmates Peter Bordes and Joseph Rosenmiller. From the ownership of a single radio station in Southbridge, Massachusetts, the company now owns 21 stations in Boston, Charlotte, Detroit, Philadelphia, and New Jersey.

Perhaps not, according to a letter attorney David Oxenford has written to the FCC. Apparently Pandora isn't really sure it wants to own KXMZ in South Elder, South Dakota, a station it purchased from Jeff Warshaw's Connoisseur Media for $600K. The main reason Pandora wanted to own the station was to skirt around the ASCAP fees by saying it should be charged the same fees as radio stations -- not a pure-play streaming company -- now that it was a broadcaster. That did not work out. The Oxenford letter says Pandora is "reevaluating its broadcast strategy."

The folks at Kalil & Company tell Radio Ink that KVSO-AM in Ardmore, KKAJ-FM in Davis, KYNZ-FM in Lone Grove, and KTRX-FM, Dickson, are being sold by LKCM Radio Group to SMG-Ardmore.

Radio's Mentoring & Inspiring Women group has announced its mentees to participate in the 2016 Mildred Carter Mentoring Program. Now in its 15th year, the program matches up-and-coming women in radio with female professionals recognized as successful radio leaders. The program has successfully mentored 35 women since it began. Here is the 2016 class of mentees....

iHeartMedia's NewsRadio 610 and NewsRadio 96.7 in New Hampshire held its second annual Make 12 Hours Count radiothon and raised over $156,000 for Veterans Count, an organization that provides financial assistance, services and resources to New Hampshire veterans, service members and their families.

Emmis is bringing the Hip Hop festival to Tokyo in July. HOT 97 signed a multi-year license agreement with Japan-based Avex Live Creative, an entertainment and production company in Asia.

The question we raised in our headlines Tuesday launched a day-long discussion about how many commercials is too many commercials to play every hour. Let's keep the conversation going today. If you missed our story yesterday, here it is again. Feel free to leave your opinion at the end of the story.