Industry News

It has a formidable position in the market, thanks to dual ABC/NBC affiliate "WDAM7" and Telemundo affiliate WLJA-LD. Now, Gray Media, which entered this Deep South locale through its Raycom merger eight years ago, is adding a low-power FOX affiliate to the mix. Kalil & Co. served as the seller's broker of record.

The judge overseeing the plan to emerge from debtor-in-possession status submitted by Spanish Broadcasting System has been given the green light, putting the wheels in motion for the company founded in 1983 by supermajority owner and equity interest holder Raúl Alarcón Jr. to reorganize SBS.

A public interest organization has been joined by a "group of concerned citizens" in filing a Petition to Deny the early license renewals of ABC Owned Stations' properties. To be clear, Media Action Center and Frequency Forward are not trying to block the stations' license renewals. Rather, they see the action as the lone way to gain standing.

The media company is serving as a local reseller of its audio and video inventory

The post iHeartMedia Expands Partnership With Amazon Ads appeared first on Radio World.

An expanded relationship with Amazon Ads has been inked by the leading audio content creation and distribution company in the U.S., serving as a local reseller of its audio and video inventory. This builds a bigger bridge between iHeartMedia and a "Big Tech" company broadcasters and the NAB are fighting on Capitol Hill.

“Before It Was History, It Was Broadcast”

The post LABF Offers Free Spots for America’s 250th appeared first on Radio World.

Media companies weren't immune to the declines for seen by such tech brethren as Apple, Microsoft and Meta, with Sinclair shares falling on Thursday by $1.09 per share to $12.94 and Gray Media slipping $0.37 per share to $3.58. It is the Nexstar Media Group slide that may have some industry observers jittery.

Also, Caroline Beasley was inducted into the Florida Broadcasters Hall of Fame

The post Florida Association of Broadcasters Announces Leadership Changes appeared first on Radio World.

FCC Chairman Brendan Carr has taken aim at a campaign from ABC designed to gain viewer support in its quest to maintain the "bona fide news program" equal time exemption for daytime chat program "The View."  As Carr sees it, "We're going to follow the facts and the law wherever they take us."

The annual Cannes Lions International Festival of Creativity has been a regular epicenter of ad partnership pitches for iHeartMedia for the last several years, and this year is no exception. From C-Suite leaders to Questlove, Ryan Seacrest, Eva Longoria and Diplo, three days of activity have already been seen.