RadioInsight

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JVC Media Acquires Fort Walton Beach Cluster

Posted: 22 Dec 2020 12:02 PM PST
https://radioinsight.com/headlines/2...beach-cluster/



JVC Media is expanding its Florida holdings with the purchase of Community
Broadcasters four station cluster in Fort Walton Beach for $2,268,839.

The acquisition includes CHR Q92 92.1 WECQ Destin, Country Highway 98.1
WHWY, Variety Hits 102.1 The Wave WWAV Santa Rosa Beach, and Rock 103.1 The
Shark WZLB Valparaiso. Both companies are majority owned by Northwood
Ventures and subsidiary Northwood Capital Partners who own approximately
75% of both JVC Media and Community Broadcasters.

JVC Media will add the Fort Walton Beach cluster to their holdings in
Orlando and Gainesville/Ocala and Long Island NY. Community Broadcasters
will continue to own 24 stations in Upstate New York and South Carolina.

JVC Media of Florida, one of America’s largest independent and locally
owned broadcast and entertainment companies headed by John Caracciolo,
continues its rapid growth in Florida by adding four radio stations in Fort
Walton Beach, FL. JVC has entered into a definitive agreement with
Community Broadcasters, LLC to purchase their four FM signals in Fort
Walton Beach including WECQ, WHWY, WWAV, and WZLB. This will bring JVC’s
Florida operation to a total of eleven radio stations including three in
Orlando and four in Gainesville-Ocala, in addition to the company’s five FM
stations in Nassau-Suffolk, NY.

JVC’s CEO John Caracciolo said, “We are honored and privileged to welcome
WECQ, WHWY, WWAV, and WZLB and its staff to the JVC family. The prior
ownership was committed to community service on the Emerald Coast, high
quality broadcasting and creating an excellent work environment for its
staff, and we will continue that work. We are tremendously impressed with
the Fort Walton Beach market and the remarkable growth and resilience of
the area even in these unprecedented times.�

JVC Executive Shane Reeve will oversee the integration of the Fort Walton
Beach stations into the company and will be responsible for the staffing
and operation of the facilities. Reeve is no stranger to the area having
managed clusters in Fort Walton Beach and Pensacola. He added, “I’m
thrilled JVC is bringing our live and local approach to the Florida
Panhandle and Emerald Coast!�.



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Domain Insight 12/22: Potential Post-Christmas Moves In Tucson, Raleigh And
Beyond

Posted: 22 Dec 2020 07:00 AM PST
https://radioinsight.com/headlines/2...gh-and-beyond/



iHeartMedia Hot AC My 92.9 KMIY Tucson was one of the stations that went
all-Christmas for the first time in 2020. At the time it appeared at most
that the station would come out of the holiday music with a move to AC, now
it looks as though a bigger change could be ahead.

Also potential changes in Raleigh and more.
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iHeartMedia Promotes Jordan Fasbender To EVP/General Counsel and Secretary

Posted: 22 Dec 2020 06:12 AM PST
https://radioinsight.com/headlines/2...and-secretary/



iHeartMedia, Inc. (Nasdaq: IHRT) announced today that Jordan Fasbender, the
company’s Deputy General Counsel, has been named Executive Vice President,
General Counsel and Secretary effective January 1, 2021. Fasbender will
report to Bob Pittman, Chairman and CEO of iHeartMedia, Inc. and Rich
Bressler, President, COO and CFO of iHeartMedia, Inc. She will succeed
Paul McNicol; McNicol, who intends to retire at the end of 2021, will
remain with the company as Executive Vice President providing counsel to
the company’s senior management and ensuring a seamless transition.

In her new role, Fasbender will oversee all legal functions for
iHeartMedia’s divisions and multiplatform assets, including the company’s
more than 860 live broadcast stations in over 160 markets nationwide;
iHeart Podcast, the #1 podcast platform in America; the iHeartRadio App and
the company’s other digital assets; and the company’s tentpole live events,
including the iHeartRadio Music Festival, iHeartRadio Music Awards and
iHeartRadio Jingle Ball Tour. In addition, she will continue to oversee the
company’s government affairs, business affairs, compliance, regulatory and
governance functions and will be responsible for operations and
transactions, securities, intellectual property, litigation and privacy.

“Jordan is a proven and effective leader whose extensive legal, corporate
governance and media and entertainment industry expertise makes her the
perfect person to succeed Paul McNicol as our General Counsel,� said
Pittman. “We look forward to Jordan taking on this new leadership role and
joining the executive leadership team as we continue our momentum as the
number one audio company in the U.S.�

Pittman continued, “Paul McNicol has played an integral role in
iHeartMedia’s successful transformation from a traditional media company to
a 21st century media company. We appreciate Paul’s steady hand, expert
guidance, insight and advice; his strong leadership through our financial
restructuring and emergence process; and his leadership through a number of
strategic acquisitions and growth initiatives for the company. We’re
grateful that he will continue to work closely with us as Executive Vice
President.�

“I am proud to take on this new role at iHeart as the company continues to
lead the audio space in a variety and new and innovative ways,� said
Fasbender. “I’m grateful to have the opportunity to have had the
opportunity to work with and learn from Paul, and I look forward to
continuing to work with our partners, our impressive array of assets and
platforms and our talented legal team to lead our legal efforts as iHeart
continues to flourish.�

Fasbender joined iHeartMedia in July 2019 from Twenty-First Century Fox
where she most recently served as Vice President and Associate General
Counsel and then as Senior Vice President and Associate General Counsel. At
Twenty-First Century Fox, she provided direction and strategic counsel on
everything from MA to corporate finance, SEC compliance and corporate
governance. She also served as a lead team member on The Walt Disney
Company’s acquisition of the company and the spinoff of FOX Corporation.
Previously, Fasbender was an associate at Weil, Gotshal Manges LLP, where
she advised clients on a broad range of corporate matters.



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Casino Radio Debuts In Biloxi

Posted: 22 Dec 2020 05:00 AM PST
https://radioinsight.com/headlines/2...uts-in-biloxi/



Telesouth Communications has flipped Classic Country 103.5 The Possum 1490
WANG/1640

wTNI Biloxi MS to Tourism Information 106.3 Casino Radio following the move
of their translator to a new frequency.

The station is featuring segments on the local casinos, restaurants and
tourist attractions along with content on how to gamble teaching listeners
how to properly play roulette, poker, blackjack and bet on sporting events.

In an interview with co-owned Supertalk Mississippi, Sales Manager Jesse
Alvarez, Jr. stated, “We just felt the coast needed a radio station that
focuses on one of the most important economic drivers for Mississippi. It
was a chance for our tourism, hospitality, and gaming partners to
proactively get their message out to guests.�



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Mike Rivera Joins Townsquare Amarillo As Director of Content

Posted: 22 Dec 2020 04:20 AM PST
https://radioinsight.com/headlines/2...or-of-content/



Townsquare Media has appointed Mike Rivera as their new Director of Content
for their Amarillo TX cluster.

Rivera most recently served in the dual market role of Program Director of
Country Big I 107.9 KBQI Albuquerque and Country 96.3 KHEY-FM, News/Talk
690 KTSM and Fox Sports 1380 KHEY El Paso TX for iHeartMedia from May 2019
until being one of the first round of the companys fall cuts in November.
Prior to heading to El Paso, Rivera served as Program Coordinator for
Sports 1300 The Zone KVET Austin TX from 2015 to 2019.

Rivera succeeds Braden Smith, who departed the company in October.

Townsquare Media, Amarillo, TX announces the hiring of new Director of
Content, Mike Rivera. Rivera will oversee programming and content for Hot
AC Mix 94.1 (KMXJ), Country 101.9 The Bull (KATP), Classic Rock Thunder
98.7 (KPRF), CHR 96.9 Kiss FM (KXSS), and News Talk 940 (KIXZ). He started
in the new role on December 14.

Townsquare Amarillo Market President ReBecca Via says, “I am so thrilled to
have Michael bring his experience, strong leadership and enthusiasm for
local content to our Amarillo team. He understands the power of local
radio, our digital platforms and supporting our community.�

“I am very excited to join the local team at Townsquare Media Amarillo,�
adds Rivera. “I would like to thank Robert Truman, Kurt Johnson and ReBecca
Via for the wonderful opportunity. Each of these stations is a vibrant
brand in the market. We’ll do great things in 2021!�

Kurt Johnson, Townsquare SVP/Programming says, “We’re always glad to add
great programming talent and happy to have Mike leading the charge in
Amarillo. Looking forward to great things in 2021!�

Prior to joining Townsquare, Rivera successfully programmed iHeart’s KHEY-
AM/FM, and KTSM/El Paso, and KVET, KASE-FM and KFMK/Austin.