Industry News

In September 1992, Chilmark Partners teamed with Sam Zell in investing some $127 million in Jacor Broadcasting. The dollars turbo-charged what is today a foundation of iHeartMedia, making Chilmark Managing Principal David Schulte an expert on how private equity and restructuring expertise has impacted the media sector. Schulte will share his insights at Forecast 2025 on November 13.

Goal is to foster closer cooperation, standards adoption

The post DRM, ATSC Ink Partnership Agreement appeared first on Radio World.

A Class B1 noncommercial FM signal that serves northern Santa Barbara County and much of the Five Cities of southern San Luis Obispo County is being sold by the broadcast ministry behind the "RadioU" Christian Rock network. Who's the buyer? Look no further than Noel Díaz.

It already owns the FOX affiliate serving Northern Ohio's largest market. Now, Nexstar Media Group has signed an agreement that — pending FCC regulatory approval — will give it a duopoly with the acquisition of an independent television station licensed to Akron, Ohio, in a deal brokered by Kalil & Co.

For more than forty years, he was a familiar face to morning news views of TEGNA-owned WWL-TV in New Orleans. On September 18, he stepped away from the station after revealing that he was recently diagnosed with a "fairly aggressive" form of cancer.  On Saturday, Eric Paulsen passed away. He was 74 years old. 

As younger audiences gravitate toward streaming platforms, sports media companies must adapt to the growing demand for streaming options and on-demand content to remain relevant.  That's the key insight offered to TV station owners seeking to grow revenue and audience share through live sports programming from a new study released by Harker Bos Group.

What do pizza, NBA action and dental care have in common? Brands representing each of these subjects dished out the dollars for a significant number of spots that aired last week on Spot Cable, the latest data from Media Monitors show.

For many years, the New York City Marathon, one of the world's most revered 26.2-mile running challenges, has enjoyed extensive live television coverage on WABC-7. Come Sunday, the event now sponsored by TCS will have its first-ever live radio partner, and veteran sports commentator Len Berman will anchor all of the audio action.

Satellite and app-based audio content creator and distributor Sirius XM has unveiled its annual extensive holiday music channel lineup, with some 26 dedicated offerings available either in-dash or exclusive via its streaming services. Among the new offerings is a channel hosted by the host of "The Tonight Show" on NBC.

Heartland Inc. was a common owner in a Florida corporation search among the station applications

The post FCC Dismisses Nine LPFM Hopefuls Due to Shared Interest appeared first on Radio World.