Mississippi Valley Broadcasting, owner of five La Crosse, WI radio stations, has filed for Chapter 11 bankruptcy protection. According to a filing with the U.S. Bankruptcy Court in Eau Claire, WI, the company has assets worth between $100,000 and $500,000 and debts totaling $1.7 million held by Coulee Bank.“Given the prospect of default under the..
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Wisconsin Broadcaster Restructures After Chapter 11 Filing.
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Times-Shamrock Gets Out Of Reno With Sale Of Radio Assets.
Times-Shamrock Communications has sold off its radio assets in Reno, NV. As earlier reported by Inside Radio, the company sold KRZQ (104.1) to Big Horn Media, who recently flipped the station to “Easy 104.1” with the new calls of KUEZ. Now, Lazer Broadcasting picks up the remaining stations from the Scranton, PA-based company. Lazer is..
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How Ultimate Outsider Bobby Bones Found Way Inside Success.
The fact that Bobby Bones is a bona fide country radio success story whose numbers keep growing is known enough. But his firm belief that he could switch formats in 2010 and translate from pop station in Austin to Nashville star remains a fascinating radio anomaly. “How cocky am I to think that?” he asks..
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Update: Entercom’s Investment In DGital Media Totals $9.7M.
The size of Entercom’s investment into the world of podcasting has been revealed. According to a regulatory filing on Friday, Entercom says it paid $9.7 million to buy its 45% stake in the on-demand audio entertainment provider DGital Media. Entercom also tells investors that it has an option to buy DGital outright in 2021 under..
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New Contract Keeps Pat Walsh At Emmis Through Mid-2019.
Emmis Communications has locked in president/COO Pat Walsh with a contract extension that will keep him with the radio group through July 2019. Walsh came to the company in 2006 as CFO and added the COO title in December 2008. He handed off his CFO title in 2015 during a restructuring that elevated him to..
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Hier is jou Top20 vir die week, met ‘n paar verassings !!
Karen Zoid het verlede week die eerste enkelsnit vanaf haar nuwe album, Op die oomblik, bekendgestel. Die liedjie was binne ‘n dag die mees afgelaaide Afrikaanse liedjie op iTunes. Haar nuwe album word die 11de Augustus vrygestel. Vir die tweede week is Joe Forster se liedjie “Ridder” nommer 1 op ons lysie. 1. Joe Forser..
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Entercom Leaps Deeper Into Podcasts With DGital Media Stake.
Entercom is taking a bigger leap into the fast-growing world of podcasting. The broadcaster has purchased a 45% stake in DGital Media and formed a strategic partnership with the on-demand audio entertainment provider. As part of a multi-year services agreement, DGital Media will create original on-demand audio content that leverages Entercom’s local talent and relationships..
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Deal Digest: M&A Market Picks Up With New Sales, Closings.
Multistate Deal – Jon Kelly files a $31,969,066 deal to take a controlling stake in SummitMedia, which owns 23 stations in Birmingham, AL; Greenville, SC; Honolulu; Louisville; Richmond, VA; and Tuscaloosa, AL. Kelly will take a 65% stake in the company that had been majority controlled by the private equity firm HighPoint Holdings since SummitMedia..
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GMR Survives First Interim License Hurdle In RMLC Battle.
A request by Global Music Rights asking a federal court to reject an attempt by the Radio Music Licensing Committee to force the performance rights organization to offer interim licenses after a looming Sept. 30 sunset date has survived its first hurdle. U.S. District Court Judge Darnell Jones has referred the motion to U.S. Magistrate..
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Bridge Study: Big Growth In Podcast Listening, Ad Retention.
In a recent pair of studies, Bridge Ratings identified and placed podcast listeners into four user categories—Heavy, Occasional, Light and Very Light (Grazers). The resulting “Podcast Report” combines the two studies, held Aug. 2016 and June 1-14, 2017, to compare the distribution of the four groups across the two studies and provide feedback on how..
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