News

LoneStar 92 and 97.9 LITE FM have surpassed last year’s total from their two-day St. Jude Radiothon. Patrons at 7-Eleven/Alon stores in West Texas were able to raise $70,000 to donate to the cause. This is the 20th year for LoneStar 92’s St. Jude Radiothon.

Friday was not a good day for Cumulus. A U.S. District Court judge rejected the refinancing plan Cumulus hoped would help reduce its $2.4 billion debt load. Here's what Cumulus had to say about the judge's ruling.

Alternative Seattle station 107.7 The End is handing over nights to weekend jock Cody Whistler. Whistler joined the station’s promotions team over a decade ago and added a swing role on-air three years ago. He’ll be on air every Monday through Friday from 7 p.m. – midnight.

Call them Justin and Chop. The hosts of the new The Irregular Guys show, Monday-Friday, 3-7 p.m. on 750/102.9 The Game (KXTG). They'll be breaking down a sports fan’s favorite beer, car, movie, and more each weekday, and talk about the day’s biggest sports stories.

Buyers want to know all about you, often before your first meeting. They demand, and receive, your ratings, your demographics, and your digital analytics. With so many platforms reporting information about you, do the numbers that define your station add up? Are advertisers able to see the real story behind the many different metrics?

Pete Norden has begun work as the new Senior VP of Sales for the iHeart cluster in Tampa. Norden has been with iHeartMedia for more than 19 years, most recently serving as the Market President in Sarasota for the past nine years.

The Nebraska Broadcasters Association will induct Craig Eckert into its Hall of Fame in a ceremony on August 15, during the NBA’s 82nd Annual Convention in La Vista, Nebraska.

Singer-songwriter Andy Grammer will perform at the 2017 Golden Mike Award, Monday, February 27, at the Plaza Hotel in New York City. The Broadcasters Foundation is honoring Meredith Corporation's Paul Karpowicz with the Golden Mike Award, and Retired CMG Executive Bill Hoffman with the Lifetime Achievement Award.

That's what CFO Richard Bressler says, and he attributes that to iHeartMedia's massive scale and transformation into a multi-platform media company over the past five years. Bressler says iHeartMedia uses a master-brand strategy to increase the value of its radio stations and other brands, and Pixar is a great example.

And now to the item everyone wonders about. iHeart's debt. CFO Richard Bressler said, while staying focused on maximizing the value of the business, the company continues to look for ways to strengthen its capital structure. So how much debt does iHeart now have? Here's what Bressler had to say on the Thursday earnings call...