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...
(AUDIO) Covering One of America’s Craziest Conventions
Harvey Nagler has been the Vice President of CBS News Radio for over two decades and he's covered a few conventions in his day. This week, Nagler and his radio team are in Cleveland covering the Republican convention, which as Nagler points out in our interview, is no ordinary convention. We spoke to Nagler about CBS Radio's coverage of this historic event, how radio is treated overall and what it's like witnessing history. Listen to our interview HERE.
iHeart Promotes Big, Really Big In NYC
Remember the good old days when radio promoted itself on nearly every billboard you could see from the highway? iHeartMedia is advertising on one of the most iconic billboards in the country, on top of the old Ruppert Ice House, overlooking the Triboro/RFK Bridge leading into Manhattan.
WJOX Gets New Evening Sports Show
It's called JOX PrimeTime and the show will now air on Cumulus' sports station in Birmingham weeknights from 6-8 p.m. following Paul Finebaum.
Lotus To Carry Rams Games In Spanish
The NFL's Los Angeles Rams have reached an exclusive rights agreement with KWKW 1330 AM/ESPN Deportes in Los Angeles as their official Spanish-language flagship radio station.
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Lifetime Leadership Award Honoree Harvey Nagler
The $250 Question: Inflation and Contesting
