Arrests Made in KROCK Host Assault
KROCK is owned by Galaxy Communications in Syracuse. Two suspects in a Christmas assault on host Joe Grosvent and his cousin have turned themselves in to police, according to cnycentral.com.
Is Live365.com About To Fold?
The Register is reporting that streaming pioneer Live365 has laid off a "significant" chunk of its staff and may have to shut down soon if it does not get funding. Two weeks ago Live365 said it had lost the support of its investors. The new royalty rates set by the CRB may have something to do with the challenges the company is facing. Live365.com launched back in 1999.
Cumulus Makes Big Loan Prepayment
On New Year's Eve, Cumulus completed a discounted prepayment of a portion of its $1.9 billion senior secured-term loan facility due December 2020. Cumulus purchased $64.9 million of its senior secured-term loan for $50 million, a discount of 23%.
Radio One To Repurchase Stock
The Radio One board of directors authorized a repurchase of shares of the company's Class D common stock. The repurchase program authorizes the repurchase of shares with an aggregate value of up to $3.5 million.
The Power Of Angelo Cataldi
Chip Kelly, the recently fired Philadelphia Eagles head coach, did not hold a press conference to defend his past three seasons as the coach of the Eagles. He made one telephone call...to WIP-FM morning man Angelo Cataldi.
Brad Saul Dies At 55
It was pneumonia, a complication from his MS, that took Saul's life according to the Chicago Tribune. Saul interned at WBBM-AM then went on to become a GM of two stations near Chicago, WEEF-AM and WONX-AM.
Cumulus Revives 99X In Atlanta
The format flip for Cumulus in Atlanta is to alternative rock. PD Greg Ausham says “99X will once again be Atlanta’s unique source for new music discovery. 99X will be a station rooted solidly in today’s artists and devoted to looking ahead toward what’s next musically.”
Baden To Mornings In DC
Lisa Baden has joined CBS Radio's FRESH-FM morning show in Washington, D.C. She'll provide traffic updates on the Tommy McFly Show at :10 and :40 past the hour.
CBS Radio DFW Helps Raise $1 Mill. For Children’s Health
The 2015 Christmas is for Children radiothon, which supports Children’s HealthSM, raised more than $1 million for the seventh-largest pediatric hospital in the nation.
Important Dates To Remember
As you make a break for another 4-day holiday weekend, Broadcast Attorney David Oxenford wants you to remember several key dates coming up in January. The first is January 10, when your Quarterly Issues Programs lists must be placed in your public file. And then it's all about the election.
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