RadioInsight

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Classic Country 100.1 Launches In Florence

Posted: 19 Mar 2021 12:24 PM PDT
https://radioinsight.com/headlines/2...s-in-florence/



Cumulus Media has flipped Sports 100.1 The Fan WWFN-FM Lake City/Florence
SC to Classic Country as Classic Country 100.1.

The flip creates a Classic Country option in the market to compete against
the two current based Country outlets in the market: iHeartMedias Eagle
92.9 WEGX and Community Broadcasters 99.3 The Cat WWKT.

The flip also leaves Community Broadcasters ESPN 96.3/1230 WOLH/W242CB as
the only Sports outlet in the market. Both WOLH and WWFN had 0.5 shares in
the Fall 2020 Nielsen Audio ratings.



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Richmond Sports Stations To Merge

Posted: 19 Mar 2021 10:20 AM PDT
https://radioinsight.com/headlines/2...ions-to-merge/



Two of the three Sports talkers in Richmond VA will merge programming on
April 1.

The ESPN Richmond brand and programming will move from Radio Ones 950
WXGI/99.5 W258DC Richmond and 1240 WTPS/102.7 W274BX Petersburg to
SummitMedias Sports 106.1 W291CL/WURV-HD3.

The combined brand will all of the local programming currently heard on
both stations. W291CLs local morning programming of Jamie King from 7-8am
and Big Al Coleman from 8-10am stay in those timeslots. WXGI/WTPSs current
8-10am host Bob Black will move to afternoons from 4-6pm preceded by their
current 3-4pm host Matt Josephs. ESPN Radio Programming will be heard in
all other dayparts with 106.1 dropping CBS Sports Radio.

WXGI/WTPS had a 0.3 share in the January 2021 Nielsen Audio ratings, while
WURV-HD3 had a 0.2 share. Entercoms The Fan 910 WRNL/105.1 W286DJ is the
other Sports station in the market with a 0.6 share.




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Domain Insight 3/19: Is Smooth Jazz On The Comeback?

Posted: 19 Mar 2021 08:14 AM PDT
https://radioinsight.com/headlines/2...-the-comeback/



Is Smooth Jazz on the comeback trail? Following a translator launch in
Honolulu last week, the format appears set to return to commercial radio in
Oklahoma City.

Plus changes on the Central California coast and suburban St. Louis.
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Station Sales Week Of 3/19

Posted: 19 Mar 2021 04:30 AM PDT
https://radioinsight.com/headlines/2...-week-of-3-19/


Translator Sales

After swapping 107.7 WCIG Dallas PA to Seven Mountains Media in February,
Family Life Ministries has completed its replacement plan to continue to
serve the Scranton/Wilkes-Barre market with the purchase of 92.5 W223CC
Wilkes-Barre from GEOS Communications for $200,000. W223CC will be paired
with 103.9 W280CV Scranton, which Family Life is in process of acquiring
from Family Stations with both translators to be fed via Entercoms 98.5
WKRZ-HD3 Freeland.

Perdomo Media Group buys 92.3 W222AL Cape May NJ from Gail Lee Burke for
$20,000. Perdomo will simulcast his Spanish Tropical Latino 93.9
programming that airs on Mercer County Community Colleges 93.9 W230AA
Atlantic City via Townsquare Medias 97.3 WENJ-HD3 Millville.
Stations Sales

Chesapeake Public Schools donates Variety 88.7 WFOS Chesapeake/Norfolk VA
to Hampton Roads Educational Telecommunications Association, the owner of
Classical 90.3 WHRO-FM and Public News/Talk 89.5 WHRV Norfolk.

Telesouth Communications purchases 103.3 WZKR Collinsville/Meridian MS from
Morningstar Media for $44,000. WZKR has aired Telesouths SuperTalk
Mississippi statewide network programming since 2011 via LMA.

Benne Broadcasting of the Ozarks acquires Hot AC 98.9 The Fort KFLW St.
Robert/Rolla MO from Ozark Media for $250,000. Benne began operating the
station via Time Brokerage Agreement on February 1.

Zia Broadcasting sells 1360 KACT and 105.5 KACT-FM Andrews TX to Jessica
Reids Andrews Broadcasting Company for $80,000.

McVey Entertainment Group purchases CHR Y105 105.1 KVTY Lewiston, Country
106.9 The Outlaw KMOK Lewiston and Classic Country 1350 KRLC/93.1 K226CT
Lewiston ID from Ida-Vend Company for $350,000. McVey already owns
Conservative Talk 950 KOZE/95.5 K238CI and Rock Z-Rock 96.5 KOZE-FM
Lewiston.

Northern Michigan Radio sells 92.5 WFDX Atlanta/Petoskey and 100.5 W263CD
Boyne City MI to William Gleich for $180,000. After briefly resuming
operations, WFDX, which has been silent since March 2020, has once again
gone Silent until the sale closes.

Calvary Radio Network sells 91.9 WMJC Richland and 97.3 W247AM Kalamazoo MI
to West Central Michigan Media Ministries for $150,000. The buyer operates
the Christian Preaching Strong Tower Radio network in Michigan and Illinois.

Hispanic Outreach Ministries sells Silent 810 KXOI Crane TX to Hispanic
Family Christian Network for $200,000.

Toccoa Foundation donates 1150 WSNW Seneca SC to the Billy Graham
Associations Blue Ridge Broadcasting for $1. In a separate deal not yet
filed, Blue Ridge will purchase WSNWs translator 88.9 W205CU Clemson SC.
The WSNW call letters will be moved to another undisclosed station to
continue feeding AC 94.1 The Lake W231BX Seneca.



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iHeartMedia Files Counter-Petition To Limit Global Media & Entertainment's
Ownership Stake

Posted: 18 Mar 2021 03:25 PM PDT
https://radioinsight.com/headlines/2...nership-stake/





Global Media & Entertainments petition with the FCC to increase its
ownership stake in iHeartMedia has led to a pair of counter-filings as
iHeart seeks to limit the size of Globals possible stake of the company to
just 9.99% as opposed to the 49.99% that they originally sought.

In a reply to Globals original request to the FCC, iHeartMedia writes that
they first became aware of Globals 8.7% purchase of the company through
Globals SEC filing, which was later confirmed by their FCC
attorney. Â*iHeart states that they support Globals investment, but not
beyond the 9.99% size because of the current Shareholders Rights plan that
limits one investor to own more than 10% of the company until May 5, 2021.




The filing notes that the original request and filing were made by Michael
Tabors Bahamas based Global Media & Entertainment Investments Trust
(formerly Honeycomb Investments). While Tabor owns Global Media &
Entertainment Ltd., which is the UK broadcasting company, the two holdings
at this time are two separate parties.

In response this week Global Media & Entertainment reemphasized that their
FCC counsel told iHearts that they intended to cooperate and work with
iHeart to secure the approvals requested. Global Media President Ashley
Tabor-King told the same to iHearts CEO Bob Pittman and CFO Rich Bressler.
Acknowledging the Shareholders Rights Plan, Global states it does allow for
larger investments beyond 9.99% because the Board of Directors can approve
it. They also state that the counter-petition by iHeart did not attempt to
explain the basis for iHeart’s unilateral decision to limit the advance
approval to 9.99% nor reference the original request to seek advance
approval for the non-controlling 49.99% stake. Global also states that
pre-approval now saves the FCC time and resources by not having to file a
new request for approval every time they seek to increase their investment.

Original Report 3/15: Bloomberg reports that Global Media & Entertainment
has requested pre-approval from the FCC to increase its ownership stake in
iHeartMedia up to 49.9%.




Michael Tabors Global Media & Entertainment Investments Ltd. through its
Honeycomb Investments Ltd purchased an 8.8% stake in iHeartMedia last
month. In a regulatory filing on Monday, it said it had disclosed its plans
with iHearts counsel and that any further stock acquisition would not be
hostile in nature. iHeartMedia adopted a poison pill provision last year
that prevents any shareholder from owning more that 10% of the company
without Board of Directors approval.

This does not mean any deal is close to fruition. Liberty Media too
previously requested and was granted approval to increase its SiriusXM
Groups stake from then 4.8% up to 50%.

Ashley Tabor-King led Global Media is the largest commercial radio operator
in the United Kingdom with brands that include Capital, Heart, LBC, Classic
FM, Smooth Radio, Radio X and many digital sub-brands of each.