News

An SEC filing on Monday outlines the deadlines iHeart has set to complete its restructure with the bankruptcy court. The company also says once the restructure is complete Clear Channel Outdoor will be separated or spun-off.

That's according to an SEC filing on Friday. Entercom announced it had purchased a 45% stake in DGital without revealing how much the investment was. The filing also says under the terms of the agreement, Entercom obtained an option to acquire the remaining ownership interest in DGital in 2021. DGital Media was launched in May of 2015 by former DialGlobal/Westwood One co-CEOs Spencer Brown and David Landau.

The Federal Communications Commission has settled on a reduced civil penalty in a Consent Decree with WorthRome, LLC, the licensee of KVHZ-AM in Wasilla, AK, and its associated FM translator, K296FP in Willow Creek.

The new, 2-hour weekend show is called With Elaina, and is hosted by Elaina Smith, co-host of the network’s NASH Nights Live weeknight program.

CBC has launched a new channel on YouTube, enabling audiences to access a variety of CBC podcasts via the digital platform. More than a dozen CBC Podcasts are now streamable on YouTube, with video expansion on the way.

SiriusXM CEO Jim Meyer told investors and analysts on Tuesday that early in 2015 the company projected 1.2 million net new subscribers and delivered 2.3 million, bringing paid subs to an all-time high of 29.6 million. The company also projected revenue of $4.4 billion and it delivered nearly $4.6 billion.

With the NCAA’s March Madness playoffs cancelled due to the coronavirus, Westwood One will rerun 15 Great Games in NCAA Tournament History to help college basketball fans experience the madness of March.

New Country 96.3 (KSCS-FM) morning show, Hawkeye in the Morning, will be sending thousands of holiday cards to troops overseas. The second annual 10,000 For The Troops partnered with the non-profit Support Our Soldiers in the Dallas/Ft. Worth Metroplex area.

According to SNL Kagan Radio deal volume in 2016 totaled $522.6 million, which is the lowest year on record going back to 1982. In the fourth quarter of 2016 there were $96.2 million in radio deals done. October was the busiest month with 79% of the total transactions for the quarter taking place in that month. There were 11 deals above $1 million in October. And the biggest deal of the 4th quarter was...

Magic Broadcasting's WILN-FM in Panama City will have to pay a fine of $125,000 for allegedly recording fake telephone calls for a contest and improper tower lighting. Here are the details that put the station in hot water...