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It hasn't changed much in a year. At the end of 2014, the company had $20.3 billion in debt, and at the end of 2015 that number was $20.87 billion. iHeart did have over $770 million cash on hand at the end of 2015, which is more than the $457 million it had at the end of 2014. The company lost $93.2 million in Q4, compared to $68 million in Q4 of 2014. For the year, iHeart lost $754.6 million in 2015 compared to $793 million in 2014.

Northwestern Athletics and WGN Radio AM-720 announced Friday that they have agreed on a four-year broadcast rights-holder extension. The agreement will keep Wildcats football and men’s basketball on the station through the conclusion of the 2019-20 campaign.

Renee Castle is the new nighttime personality at Greater Media's Country station, WKLB-FM in Boston. Castle most recently worked at NASH-FM in Nashville and has been heard across America on the Westwood One Radio Network. Prior to that Castle worked at MIX 92.9 in Nashville.

iHeartMedia Louisville announced that two new local shows will join the lineup at Cards Radio 790 KRD. Howie Lindsey (pictured) will host a new morning sports talk show from 7-10 a.m. weekdays. Also joining the Cards Radio 790 KRD lineup is Nick Coffey. Coffey will host a new local sports talk show from noon to 3 p.m.

iHeartMedia Louisville announced Wednesday that Mary Walter will become a new weekday talk show host on NewsRadio 840 WHAS, effective February 29, 2016. The show will broadcast weekdays from 6-8 p.m.

Beasley Media Group, Inc. announced that Paige Grady has been named the company’s President’s Club Overall Winner for the calendar year 2015. This is the first time that Ms. Grady, Senior Account Manager for Beasley’s Tampa cluster, has earned this prestigious award.

Looking to put a bit of a positive spin on a bad quarter, Radio One CEO Alfred Liggins said he still has confidence in the radio business. "I love to see Entercom and iHeartMedia post good numbers. That gives me confidence in the business. I feel good about the long-term health of the industry." Liggins said this performance is an issue specific to Radio One. "We're not doing a good job right now. (Radio division CEO) David Kantor and I speak about it every day and we will fix this."

The NBA's Brooklyn Nets and CBS Radio have reached an agreement to extend their broadcast rights partnership. The length of the extension was not disclosed, other than it's a new multi-year deal. WFAN-AM/FM will continue as the team’s flagship radio station, a partnership that has been in place since the 2004-05 season. CBS Newsradio 880, the team’s secondary broadcast outlet, will provide game coverage of select matchups.

Cathy Hughes is a radio pioneer. She used to have dreams about walking around with a microphone talking to people and having them ask her things. Hughes had a dream of having a megavoice that would reach everybody in the United States. At WHUR she created a radio show called The Quiet Storm which was heard on hundreds of radio stations. And of course, that was just the tip of the iceberg...