Tag

Radio Stations

All articles tagged with #radio stations

entertainment7 months ago

Christian Band Faces Allegations of Sexual Assault and Rumors

The Newsboys are facing fallout from allegations against former lead singer Michael Tait, including rumors of misconduct and substance abuse, leading to radio stations dropping their music and the band expressing shock and betrayal. The band recently released a new album and canceled a Canadian tour amid the controversy, which has also prompted calls for accountability and reflection on their environment.

business1 year ago

Stephen King's Maine Radio Stations to Sign Off Permanently

Stephen King is closing his Bangor-area radio stations WZON, WKIT, and WZLO at the end of December after 41 years of ownership, citing financial losses and his advancing age. Despite his love for being an independent owner and the local community, King has decided to shut down the stations, which have consistently lost money over the years. The stations will cease operations on December 31st, marking the end of an era for independent radio in Maine.

business1 year ago

"Soros' Radio Takeover: A Plan for Audacy's Future and Influence on Boston Stations"

Audacy, the parent company of several Boston radio stations, including WEEI 93.7 FM and Magic 106.7, has initiated Chapter 11 bankruptcy proceedings and plans to reorganize and reform in Delaware. The Soros Fund Management LLC has acquired over $400 million in Audacy's debt, positioning itself to take a 40% stake in the company as it converts the debt to equity. Other major holders of Audacy's debt include Goldman Sachs Asset Management and PGIM. Audacy aims to emerge from the restructuring process with a strong capital structure and continue its operations as a leading multi-platform audio content and entertainment company.

business-politics1 year ago

"George Soros's Fund Becomes Major Player in US Radio Network"

Billionaire George Soros is set to control over 220 radio stations through a $400 million investment in Audacy, making his fund the top shareholder when the company emerges from bankruptcy. This has sparked fears among conservatives of Soros using the stations to influence voters in the 2024 election. Audacy, the second-largest radio broadcaster in the US, filed for bankruptcy in January with $1.9 billion in debt. The plan requires approval from the Houston bankruptcy court, with a hearing set for February 20.

music1 year ago

Oklahoma Radio Station Denies Snubbing Beyoncé's Country Music

Beyoncé's new country singles are facing resistance from some country radio stations, with one initially refusing to play her music before changing their stance. This echoes past controversies over Black representation in country music, as highlighted by a report showing limited airplay for BIPOC artists. Beyoncé's foray into country music isn't new, with her previous song "Daddy Lessons" sparking debate when she performed it at the 2016 CMA Awards.

business-media1 year ago

"Canadian Media Giant Bell Media Implements Major Restructuring, Slashing Jobs and Selling Stations"

Bell Media is selling 45 of its 103 radio stations in Canada and cutting 4,800 jobs as part of a major restructuring. The company cited the radio business as no longer viable and will continue to operate only the viable stations. The 45 stations are being sold to seven different buyers, pending CRTC approval, with no disclosed terms for the sales. The stations being divested are spread across various provinces in Canada, and the restructuring is part of a significant shift in the Canadian media landscape.

business2 years ago

"Radio Owner Audacy Files for Bankruptcy, Festival Plans Proceed"

Audacy, the second-largest radio company in the US, has filed for Chapter 11 bankruptcy to reduce its debt from $1.9 billion to $350 million. The company's chairman cited sustained macroeconomic challenges and a sharp reduction in radio ad spending as reasons for the filing. Audacy owns eight radio stations in the Kansas City area and does not expect the restructuring to impact advertisers, partners, or employees.

business2 years ago

"Radio Owner Audacy Files for Bankruptcy, Impacting Boston and Bay Area Stations"

Audacy, the owner of WEEI and other Boston radio stations, has filed for Chapter 11 bankruptcy, citing a significant drop in radio ad spending over the past four years. The company has entered into a restructuring agreement with its debtholders to reduce its funded debt from about $1.9 billion to about $350 million. Audacy expects to emerge from bankruptcy after obtaining regulatory approval and aims to continue its digital transformation and capitalize on its position as a leading multi-platform audio content and entertainment company.

business2 years ago

Audacy, Major Radio Company, Files for Bankruptcy Protection

Audacy, the owner of several Boston radio stations, has filed for Chapter 11 bankruptcy with a prepackaged restructuring agreement, aiming to reduce its debt from $1.9 billion to $350 million. The company expects no operational impact from the restructuring and plans to continue its digital transformation, positioning itself as a leading multi-platform audio content and entertainment company.

gaming2 years ago

"Bringing the Best of Fallout's Radio Stations to Starfield: A Fan's Wish"

Players of Bethesda's new space RPG, Starfield, have expressed a desire for the inclusion of radio stations similar to those found in the Fallout series. The radio stations in Fallout not only added to the game's atmosphere but also made exploration more enjoyable. While Starfield is set in a different world, the vast and mostly barren planets would benefit from the addition of in-game music to break up the silence. Although it is unlikely that Bethesda will add radio stations to the game, players are hopeful that modders will come to the rescue.

gaming2 years ago

"GTA 6: Adopting Fortnite's Game-Changing Feature"

A player suggests that Grand Theft Auto 6 should incorporate a feature from Fortnite where the in-game radio stations are regularly updated with new songs. While GTA games have been known for their curated soundtracks, the radio stations in GTA V have remained largely unchanged since 2013, leading to a static and stale experience. The player proposes that GTA 6 could have dynamic radio stations that feature new tracks, curated by Rockstar, to keep the game world feeling fresh and exciting. This could be particularly relevant if GTA 6 follows a model of evolving and expanding over time, similar to Fortnite.