On April 2, RBR+TVBR first shared the news that Todd Parkin, who in 2011 owned broadcast TV stations in three cities, had just signed off on a second acquisition agreement — further cementing his return to media ownership. Now, that transaction which saw Kalil & Co. serve as the strategic advisor has closed.
There is an increased wariness among local ad buyers, and less spending is anticipated in Q2 — pushing it to its highest second quarter spending dip since the COVID-19 pandemic. That's a key takeaway from Borrell Associates presented along with its findings regarding local ad budgets as the second half of 2025 begins.
From May 2018 through January 2023, she held a "sales acceleration" role at the company and was based in Chicago. Now, this radio advertising sales professional is back at Audacy Inc., and has accepted the role of Manager of Government and Political Partnerships.
With a city of license of Wood River, Ill., this Class B AM serves the entire St. Louis market with 1kw from 4 daytime towers, and 3 towers at night. Soon, it will become the property of a new owner, as Zobrist Media has signed off on its sale.