Industry News

Gray Media has closed on a private placement of $70 million of aggregate principal amount of its 7.250% Senior Secured First Lien Notes due 2033. The “additional notes,” as Gray calls them, were sold to accredited investors at a price of par plus accrued interest from and including February 15, 2026, the company said.

For more than a decade, Gray Media and the former Raycom Media, prior to Raycom's merger with Gray, provided back-office services to five television stations licensed to a company founded in 2003 by Thomas B. Henson. Gray and Raycom also produced local newscasts for four of the stations. Now, Gray is buying them.

RBR+TVBR's Editor-in-Chief discusses with Ribeye Media Chief Growth Officer Jennifer Scilabro how the ad-tech platform powering more than 100 local television stations helps them in monetizing their digital and streaming offerings through unified spot sales. It's all here in this 20-minute video report.

There's more to come in the six months ahead from MediaCo, and in this encore video podcast, presented by dot.fm, Chief Revenue Officer Brian Fisher chats with RBR+TVBR from New York to discuss the continue value and power of audio and video brands superserving multicultural and diverse audiences.

Class B WWKL(FM) is part of $2.25 million deal

The post Cumulus to Sell Two Pennsylvania FMs to Family Life Ministries appeared first on Radio World.

Dallas McCade, Loran Smith, Greg Street, Joel Williams and Marcy Williams to be inducted

The post Friends of Georgia Radio Reveals HOF Class appeared first on Radio World.

Cox Media Group has hired a Vice President of Local Revenue and Client Growth for its group of radio stations, a move the Apollo Global Management-controlled entity sees as "reinforcing the company’s strategic focus on strengthening client partnerships and accelerating revenue growth for both CMG and its clients."

A battle that has been waged for more than three years regarding union certification of employees at a CBS affiliate owned by Nexstar Media Group appears to be at an end, as a federal appeals court has sided with the National Labor Relations Board (NLRB) — ordering the company to recognize and bargain with NABET-CWA.

A Class B FM serving listeners across Harrisburg, York, Lancaster and much of Reading, Pa., as Top 40 "Hot 106.7" will soon be in a little bit of a meltdown. That's because the Hershey, Pa.-licensed facility and a Class A Sports Talk FM sibling north of Pittsburgh are being sold by Cumulus Media to a broadcast ministry.

It would “fairly and expeditiously” transition incumbent satellite operations

The post FCC Will Vote on Auctioning 160 MHz of Upper C-Band Spectrum appeared first on Radio World.