SiriusXM Sells $1 Billion In Senior Notes
And that's more than the original plan, which was $750 Million worth. The notes will be due in 2026 and offered to institutional buyers only. SiriusXM plans to use a portion of the proceeds to repay all borrowings outstanding under its revolving credit facility. The company will use the remaining proceeds for general corporate purposes.
Motivation Radio Network Launches Online
It's a 24-hour audio stream that can found at MotivationRadio.Rocks. The site will cost you $7.00 per month and it's dedicated to success, motivation, and positive information. The company streams rotating audio segments from speakers and motivators.
50 Years & Going Strong For Hubbard’s KS95
Hubbard Radio’s KS95 in Minneapolis has won eight Marconi Awards, four Service to America Awards, and three Crystal Radio Awards — and there is no sign the station is letting up or slowing down. In February of 2016, KS95 reached the highest cume in the history of the radio station: 1.11 million people.
What’s Going On In The iHeart Court Case?
What we can tell you about the iHeart battle with bondholders is what The San Antonio New Express has reported on what went on in court between the lawyers this week. The paper says this all comes down to the definition of an investment. The two sides are in court to get a ruling on whether iHeart's transfer of 100,000 shares of Clear Channel Outdoor to a subsidiary called Broader Media was proper.
Radio One Hires LaMontagne For Regional Sales Job
Jennifer Turec LaMontagne will be responsible for the development of new corporate and national business for the company and report to VP of National Sales Josh Rahmani. LaMontagne has worked for CBS, Katz, Interep, Inner City, and most recently, Emmis.
New Boss For Future of Music Coalition
The nonprofit advocacy group for musicians announced that CEO Casey Rae (pictured) will step down on June 6 and Board President Dick Huey will take over as interim CEO.
Orlando Airport Goes HD
The Orlando Sentinel reports that, as of Wednesday, the Orlando International Airport is adding digital radio station "FlyMCO 105.1HD2" to broadcast information and updates. The signal, which is owned by CBS, will reach 11 counties and the audio will be streamed live on the radio.com app as well as OIA's mobile app and website. The airport announced the station will broadcast airport information, travel updates, community news, and entertainment.
“The Wally Show” Helping Africans To Water
WAY-FM’s The Wally Show held a campaign where listeners pledged support to Blood: Water Mission for 27 new water wells to be built near schools in Africa. The funding will also provide sanitation (bathrooms) to help ensure the children stay healthier throughout the year.
The Fight Between Access.1 And Sheridan Is Over
Access.1's National Black Network Broadcasting has taken over American Urban Radio Networks. The press release announcing the purchase said it was to settle the "breach of fiduciary duty lawsuit against its former partner Sheridan Broadcasting Networks."
What If Your Morning Man Runs For Office?
Broadcast attorney David Oxenford reminds broadcasters who have on-air employees who decide to run for office that they must give competing candidates equal opportunity to be on the air whenever their employee’s recognizable voice or picture appears on the air.















