Justin Riley Heads To Seattle
He'll join iHeartMedia to become PD for Power 93.3 KISS-FM. Riley previously worked as PD for iHeart's Z100 and JAM’N 107.5 in Portland, OR. He's also held PD gigs at KKOB-FM and KMGA-FM in Albuquerque and KSII-FM in El Paso. Riley replaces Rich Davis.
Garcia Promoted By CMG In Tulsa
Cox Media Group Tulsa has named Mary Garcia Digital Sales Manager. Garcia joined CMG Tulsa Radio in March 2015 as a Digital Sales Specialist. Prior to joining CMG, she worked for one of Ad Age’s top advertising agencies, Sq1.
Steve Mann Returns To WGRR Cincinnati
Mann is back at his former digs, 103.5 WGRR in Cincinnati. He'll host the 7 p.m.-12 midnight shift and take on APD duties. Mann was on the air at WGRR from 2006 to 2009. He's hosted PM drive on WREW in Cincinnati for the past seven years.
Padden’s Cumulus Duties Expanded In Allentown Region
Cumulus Media announced Wednesday that veteran radio man Jerry Padden has been appointed to the position of Program Director of 100.7 LEV/WLEV-FM. The new role is added to Padden’s duties as Cumulus Media Allentown-Bethlehem-Easton Operations Manager and PD of sister station CAT Country 96/WCTO-FM.
Futuri Media Snares Ace Executive Jill Manuel
Manuel will join the company as Director, TopicPulse Partnership Development. A Peabody Award-winning broadcast news executive, Manuel comes to Futuri after two years as Assistant News Director at WFLD in Chicago. Prior to that, she spent nearly six years in Cleveland as the News Director at WEWS.
Just How Big Will Beasley Become?
If this deal did go through as is (Beasley plans to divest stations in Charlotte to get FCC approval) with Beasley keeping all 21 Greater Media stations, Beasley would grow from a company with $106 million in revenue to a company with $247 million.
So What Is Beasley Getting For $240 Million?
The 21 stations Greater Media owns are in Boston, Charlotte, Detroit, New Jersey, and Philadelphia. No doubt part of the reason this deal made sense to the Beasley family was the fact that Greater Media owned stations in two markets Beasley also had clusters in (Philadelphia and Charlotte). This would give them the opportunity to grow those clusters. Let's take a closer look at the markets...
Caroline Beasley: We Just Grew By 40%
The $240 million blockbuster deal announced by Beasley and Greater Media Tuesday night certainly had the radio industry buzzing. Interim CEO and CFO Caroline Beasley says this deal represents a "transformational growth opportunity for the company" founded by her father George Beasley.
Smyth: We Are Delighted About This Deal
There have only been two CEOs at Greater Media since its launch 60 years ago: Peter Bordes up until 2000 and Peter Smyth ever since. Smyth was not available for an interview after the deal was announced Tuesday evening. The press release statement he offered up emphasized how Greater Media and Beasley had a common appreciation for local radio. He said he was delighted Greater Media's stations will become a part of the Beasley family.
Smyth Flashback: “I Will Never Leave The Radio Business”
Time will tell what the popular CEO does once the 21 stations he's responsible for now, carry the Beasley logo. It was five short months ago that Radio Ink featured Peter Smyth on the cover to highlight Greater Media's 60th anniversary. At the time, we just happened to ask Smyth how much longer he planned to be running a company like Greater Media. Here's what he had to say back then...
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