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/////////////////////////////////////////// Trevor Morini Moves To Austin As KHFI/K248CU Program Director Posted: 05 Jun 2018 10:37 AM PDT https://radioinsight.com/headlines/1...gram-director/ Trevor Morini has been Program Director for iHeartMedia CHR 96.7 Kiss-FM KHFI Georgetown/Austin TX and Alternative Alt 97.5 K248CU Austin. Morini transfers from iHeartMedias 92.1 The Beat KTBT Tulsa where he served as PD/Afternoon Host since 2015. Prior to that Morini worked at Cumulus Media Providence where he worked his way up from weekends to APD/Afternoon host at Hot 106.3 WWKX. iHeartMedia Austin announced today that Trevor Morini has been named Program Director for 96.7 KISS FM (KHFI FM), Austins #1 Hit Music Station and Alt 97.5 (KASE FM HD2) effective immediately. The radio station brand has a strong cross-platform presence and features popular on air personalities including “The Billy the Kidd Show,” EJ, and Hannah O. Morini will be responsible for the day-to-day programming operations of both 96.7 KISS FM and Alt 97.5. He will work closely with on-air personalities and sales to oversee the stations on-air and digital content, and music programming. Morini will report to Brian Gann, Senior Vice President of Programming for iHeartMedia Austin/San Antonio. We are thrilled to have Trevor come on board to lead 96.7 KISS FM,” Matt Martin, President for iHeartMedia Austin/San Antonio “He is a talented programmer and will be a great addition to the station. We could not be more excited to have him on the team.” Morini has been with iHeartMedia for 3 years, most recently serving as Program Director and afternoon drive host for 92.1 The Beat in Tulsa. He began his career in radio on Cape Cod and has previously worked as Assistant Program Director and on air personality at Cumulus’s Hot 106 in Providence. “I am beyond excited for the opportunity to work with the great team in Austin and can’t wait to get started!” said Morini. “I can’t thank Don Cristi and Jon Phillips enough for everything they’ve done for me in Tulsa. I would not be ready for this next chapter without their guidance and support. I’d also like to thank Tony Coles, Brian Gann, and Matt Martin for allowing me the honor of programming such a legendary station as KHFI!” The post Trevor Morini Moves To Austin As KHFI/K248CU Program Director appeared first on RadioInsight. /////////////////////////////////////////// Soft AC Breeze Launches In Wilmington Posted: 05 Jun 2018 09:13 AM PDT https://radioinsight.com/headlines/1...in-wilmington/ Sunrise Broadcasting has debuted Soft Oldies 95.9 The Breeze W240AS Wilmington NC/WKXB-HD2. The new format creates a flanker between Sunrise AC Sunny 103.7 WILT and Rhythmic Oldies Jammin 99.9 WKXB against Cumulus Media AC 102.7 WGNI. Core artists on the station include Chicago, Elton John, Billy Joel, James Taylor, Phil Collins, Hall Oates, the Eagles, and Lionel Richie. W240AS had been rebroadcasting Sports ESPN 630 WMFD, which recently launched a new translator: 101.7 W269DF Wilmington. The post Soft AC Breeze Launches In Wilmington appeared first on RadioInsight. /////////////////////////////////////////// Cumulus Exits Bankruptcy; Unveils New Logo & Branding Posted: 04 Jun 2018 02:41 PM PDT https://radioinsight.com/alert/16877...logo-branding/ Cumulus Media has completed its Chapter 11 bankruptcy restructuring. Cumulus, which filed for bankruptcy on November 29, 2017, has exited the bankruptcy protection and lowered its debt balance from $2.34 billion to $1.30 billion, consisting entirely of a term loan bearing interest at LIBOR plus 450 basis points and due May 15, 2022. Certain former stakeholders are being issued 11,052,211 shares of the Company’s Class A common stock, 5,218,209 shares of the Company’s Class B common stock and warrants to purchase 3,729,589 shares of common stock in exchange for their prior claims. Except with regard to voting and conversion rights, shares of Class A common stock and Class B common stock are identical in all respects. Generally, the holders of shares of Class B common stock are not entitled to vote on any matters, although such shares are convertible into shares of Class A common stock, subject to FCC rules and regulations and the Company’s governance documents. The company has applied to return to the NASDAQ Stock Market under the symbol CMLS. Cumulus has also used the occasion to debut a new branding and logo package. While the company as a whole will continue to be named Cumulus Media, the radio properties will be run as Cumulus Radio Station Group. Cumulus Media Inc. (PINK: CMIA) (the “Company,” “we,” “us,” “CUMULUS MEDIA,” or “our”) today announced that the Company has successfully completed its financial restructuring and emerged from Chapter 11 having reduced its debt by more than $1 billion. The Company plans to utilize its enhanced financial flexibility to continue its ongoing business transformation and drive value creation on behalf of all its stakeholders. Mary Berner, President and Chief Executive Officer of CUMULUS MEDIA, said, “Over the last two years, we have been relentlessly focused on our plans to turn the Company around, and the completion of our financial restructuring process is a monumental step forward on our turnaround path. We emerge today as a stronger and more competitive Company, with the financial foundation that we need to move forward decisively with the initiatives that will produce the greatest benefits for the Company. With this financial restructuring now behind us, we are excited about what we will be able to accomplish with all of our resources and energy fully focused on our operating business.” Ms. Berner continued, “I want to thank our exceptional team at CUMULUS MEDIA for their dedication and tremendous efforts through this process. Looking ahead, our employees will remain the true force driving our success as we continue to deliver premium content choices to the 245 million people we reach every week across our collection of stations and Westwood One. We are also grateful for the support of our vendors and affiliates during this process, and we look forward to working together well into the future.” Pursuant to the restructuring, the Company reduced its total debt balance from $2.34 billion to $1.30 billion, consisting entirely of a term loan bearing interest at LIBOR plus 450 basis points and due May 15, 2022. Also, pursuant to the terms of the financial restructuring, the Company’s previously outstanding equity was cancelled and certain former stakeholders are being issued 11,052,211 shares of the Company’s Class A common stock, 5,218,209 shares of the Company’s Class B common stock and warrants to purchase 3,729,589 shares of common stock in exchange for their prior claims. Except with regard to voting and conversion rights, shares of Class A common stock and Class B common stock are identical in all respects. Generally, the holders of shares of Class B common stock are not entitled to vote on any matters, although such shares are convertible into shares of Class A common stock, subject to FCC rules and regulations and the Company’s governance documents. We have applied to have our Class A common stock listed on The NASDAQ Stock Market under the symbol CMLS and, until such time, expect that such shares will be quoted on the OTC Pink Sheets under the symbol CMIA. Paul, Weiss, Rifkind, Wharton Garrison LLP acted as legal counsel; PJT Partners, Inc. acted as financial advisor; and Alvarez Marsal served as restructuring advisor to CUMULUS MEDIA. The post Cumulus Exits Bankruptcy; Unveils New Logo Branding appeared first on RadioInsight. /////////////////////////////////////////// Bob Joyce Joins 97.9 ESPN Hartford Posted: 04 Jun 2018 01:51 PM PDT https://radioinsight.com/headlines/1...espn-hartford/ Following his exit from Entercom News/Talk 1080 WTIC Hartford last week, Bob Joyce is following the University of Connecticut to iHeartMedia Sports 97.9 ESPN WUCS Windsor Locks/Hartford. Joyce will serve as Executive Producer of UConn Athletics Content for WUCS and continue as the play-by-play voice for UConn Womens Basketball and Mens Hockey. He will also work closely with the stations afternoon show hosted by former MLB pitcher Rob Dibble. iHeartMedia announced today that Bob Joyce has been named Executive Producer of UConn Athletics content for 97.9 ESPN Hartford, Hartford’s Sports station. iHeartMedia Hartford has a strong cross-platform presence and includes a number of iconic brands and franchises — both broadcast and digital — encompassing five stations comprised of music, talk and news formats. iHeartMedia has the leading consumer reach and influence across multiple platforms and delivers more live programming than any other media company. As Executive Producer, Joyce will be the radio voice for Women’s Basketball and Men’s Hockey, and will do play-by-play and work closely with “The Rob Dibble Show.” He will report to Ben Darnell, Program Director for Sports and Talk properties for iHeartMedia Connecticut. “We are excited to have Bob Joyce on our team,” said Steve Honeycomb, President of iHeartMedia’s Hartford Region. “Bob brings continuity and a high-quality professionalism to our UConn content. He is well known in the market and with UConn fans, and we are confident he will bring UConn sports broadcasting to new levels.” Joyce has served as a sportscaster in the region for nearly three decades. He holds several positions with the UConn IMG Sports Network, serving as pregame, halftime and postgame host for UConn Football since 2005 and as the full-time voice of the UConn Women’s Basketball Team since 2006. “I am honored and excited to join the iHeartMedia family at 97.9 ESPN Hartford and continue my work with the UConn IMG Sports Network as the radio voice of the 11-time National Champion Women’s Basketball team,” said Joyce. “I look forward to continuing my working relationships while establishing many new friendships with the folks at iHeartMedia and their listeners. Go Huskies!” The post Bob Joyce Joins 97.9 ESPN Hartford appeared first on RadioInsight. /////////////////////////////////////////// Saga Launches Pure Oldies In Amherst MA Posted: 04 Jun 2018 01:40 PM PDT https://radioinsight.com/headlines/1...in-amherst-ma/ Saga Communications has continued its roll-out of its Pure Oldies brand across its portfolio as Pure Oldies 96.9 W245BK Amherst/WLZX-HD3 Northampton MA becomes the eighth station within the company utilizing the format and branding. Focusing on music of the 1950s and 60s, Pure Oldies 96.9 replaces a simulcast of Liberal Talk 1400 WHMP Northampton/1240 WHMQ Greenfield. WHMP has signed on 101.5 W268CZ Northampton to replace 96.9 locally. W245BK joins Saga stations utilizing the format in Asheville, Champaign, Des Moines, Harrisonburg, Hilton Head, Ithaca, and Springfield IL and domain registrations pointing to more coming. The post Saga Launches Pure Oldies In Amherst MA appeared first on RadioInsight. /////////////////////////////////////////// Q100 Atlanta Launches Q-U Social Video Site Posted: 04 Jun 2018 01:12 PM PDT https://radioinsight.com/headlines/168770/168770/ Cumulus Media CHR Q100 99.7 WWWQ Atlanta is launching a second web-platform Q-U dedicated to video content based on listener submissions. The site intends to bring together the Q100 listening community in a new way while tackling issues affecting young adults on a daily basis, including relationships, jobs, college loans, family and activism. Cumulus Media announces that its Top 40 radio station Q100/WWWQ-FM 99.7 in Atlanta has debuted Q-U, its groundbreaking new online destination for contemporary hit music fans. Q-U’s website, www.quatlanta.com, puts listeners first with video content that brings together the Q100 listening community in a new way, and includes original content from listeners who share their lives with others who have a passion for hit music. Q-U tackles issues affecting young adults on a daily basis, including relationships, jobs, college loans, family and activism. Sean Shannon, Vice President/Market Manager, Cumulus Media-Atlanta, said: “Q-U builds the Q100 brand and elevates and transforms the standard “we talk, you listen” format to a truly integrated conversational fan experience. We couldn’t be more excited to launch this innovative new destination for Atlantans who love hit music.” Louie Diaz, Q100 Program Director, said: “Q-U is outside-thinking, and extends our passionate Q100 listener community and provides a broader, more personal platform for them to share their lives with each other and to interact with extremely relevant video content, including content that they create. QUAtlanta.com is an exciting and truly different destination that brings together Q100 listeners and fans of today’s biggest hits and artists to relate in a meaningful and entertaining way.” * To experience Q100’s Q-U, visit: www.quatlanta.com. The post Q100 Atlanta Launches Q-U Social Video Site appeared first on RadioInsight. /////////////////////////////////////////// Kathy Smith Joins Cumulus Eugene As Market Manager Posted: 04 Jun 2018 01:00 PM PDT https://radioinsight.com/headlines/1...arket-manager/ Cumulus Media Eugene OR has appointed Kathy Smith as its VP/Market Manager. Smith joins Cumulus from Alpha Media Portland where she served as General Sales Manager since October 2015. She began her radio industry career in 1994 as an Account Executive for Jacor Communications before jumping to Fisher Communications in 1997. Upon the sale of their Portland radio assets to Entercom in 2003 she joined that company and rose to Director of Strategic Sales and Marketing and General Sales Manager in 2011 until her 2015 move to Alpha. Cumulus Media announces that it has appointed Kathy Smith as Vice President/Market Manager for its six radio stations in Eugene, OR. Smith was previously General Sales Manager for Alpha Media’s seven radio stations in Portland, OR. Prior to that, she was Director, Strategic Sales and Marketing, and General Sales Manager for Entercom Communications’ six-station cluster in Portland. Smith holds a B.A. degree in Journalism from The University of Oregon and an M.B.A. from Portland State University. She serves on the Board of Directors of The Madeleine Parish School in Portland. Bob Walker, Executive Vice President, Cumulus Media, said: “We are very pleased to have Kathy leading our team in Eugene. Her deep experience and true passion for the Pacific Northwest region make her an incredible asset to our six great stations and the community they serve.” Smith said: “Im beyond thrilled to be joining the stellar Cumulus Eugene team. Eugene is a vibrant community like no other. *I am excited to return to the market to support the team, help grow clients business and serve the community through Cumulus six local stations, their digital assets and market events. Im truly inspired by the leadership at Cumulus Media and am fortunate to work with Mary*Berner, Bob Walker and Don Morin and thank them for the opportunity.” The post Kathy Smith Joins Cumulus Eugene As Market Manager appeared first on RadioInsight. /////////////////////////////////////////// Dan Mason Joins VSiN As Investor/Strategic Advisor Posted: 04 Jun 2018 12:31 PM PDT https://radioinsight.com/headlines/1...tegic-advisor/ Vegas Sports and Information Network has announced that former CBS Radio CEO Dan Mason is joining the company as an investor and Strategic Advisor. The company, which programs a Sports Gambling channel for SiriusXM and syndicated gambling segments that recently debuted on Entercoms 670 The Score WSCR Chicago, launched in early 2017. VSiN was founded by Brian Musburger and its talent includes his uncle, legendary sportscaster Brent Musburger. Mason also serves as a Senior Advisor of Broadcast Relations iHeartMedia and Chairman of the Broadcasters Foundation of America. VSiN (Vegas Stats Information Network), the first media network dedicated to sports gambling information, today announced a partnership with former CBS Radio CEO Dan Mason, who will join VSiN as Strategic Advisor and Investor participating in all aspects of the company’s operations. VSiN Founder and Chairman Brian Musburger said, “With decades of experience in the media industry, Dan brings a wealth of knowledge to our team. We are excited to leverage his expertise to drive continued growth at VSiN, capitalizing on the incredible opportunity presented by the burgeoning sports gambling industry. His overall enthusiasm for our product brings an energy level to the room that is contagious.” Mason added, “Brian, [COO] Bill Adee and the VSiN team are really on to something unique here. Coming from the programming side of the business, you can sense when you have a hit on your hands and that is what we have here. I’m excited and eager to help the team shape the product going forward. I’m especially excited to introduce our betting information to terrestrial radio and shape how it can be staged to the sports radio audience.” Mason was inducted into The National Radio Hall of Fame in 2015 upon his retirement from CBS Radio, where he was President and CEO for more than 15 years. He is also Chairman of The Broadcasters Foundation of America, a charity based in New York that serves the television and radio industries. In addition, Mason also serves as a Senior Advisor to iHeartMedia, Inc., America’s largest-reach media company. VSiN broadcasts as many as 13 hours of live programming a day from a showcase studio in the middle of the South Point Hotel and Casino in Las Vegas, the equivalent of CNBC being on the floor of the New York Stock Exchange. VSiN also is the originator of The Brent Musburger Action Update, a daily customized feature available to radio stations that focuses on betting lines on teams in each home market. The post Dan Mason Joins VSiN As Investor/Strategic Advisor appeared first on RadioInsight. |
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