Net News search results for: cash trust
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March 29, 2022
Private Equity Consortium Buys Nielsen For $16 Billion
A consortium led by BROOKFIELD BUSINESS PARTNERS and ELLIOTT MANAGEMENT CORP.'s EVERGREEN COAST CAPITAL CORP. is buying NIELSEN HOLDINGS PLC in an all-cash deal valued at about $16 billion ($28/share), including debt. BROOKFIELD is investing about … more »
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March 10, 2022
'Digital First' Townsquare Media Sees Revenues Rise, Income Dip In Fourth Quarter 2022
TOWNSQUARE MEDIA, INC. fourth quarter 2021 net revenue increased 1.9% year-over-year (9.8% excluding political revenue) to $110.6 million, recovering to 99% of its 2019 level, despite a 7% decrease in broadcast advertising net revenue to $57 million (but … more »
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March 1, 2022
G Accelerate To Rep FMR Associates For Radio Affiliation, Ad Sales In U.S.
G ACCELERATE has added FMR ASSOCIATES to its roster of ad sales and radio affiliation clients in the U.S. The media research firm's services will be offered on a barter basis through G ACCELERATE, while FMR will continue to directly handle cash … more »
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February 10, 2022
Cox Trust Sells WPYO (Power 95.3)/Orlando, WSUN (97X)/Tampa To SBS
ALL ACCESS hears that the long-running saga of the spinoff of Top 40 WPYO (POWER 95.3)/MAITLAND-ORLANDO, FL and Alternative WSUN (97X)/HOLIDAY-TAMPA, FL by a trust for COX MEDIA GROUP is about to end with the sale of the stations by trustee ELLIOT … more »
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February 3, 2022
Artist Rights Alliance Hires Stacey Dansky As New Executive Director
The ARTIST RIGHTS ALLIANCE (ARA), an artist-run, non-profit organization fighting for songwriters and musicians in the modern music economy, has named former longtime VIACOM VP STACEY DANSKY as its new Executive Director. DANSKY has been plugged … more »
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December 28, 2021
Radio Stations Changing Hands Include Georgia FM, Triad AM, NM, TX, and CO Clusters
Several radio station sale agreements have been filed since ALL ACCESS went into holiday semi-hiatus mode on DECEMBER 15th. Among the deals landing in the FCC database to date, the price for ABC RADIO's previously-announced sale of Sports KSPN-A … more »
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December 14, 2021
Texas FM Changes Hands
FOUR R BROADCASTING is selling Adult Hits KXQT (105.9 FRANK FM)/STANTON-MIDLAND-ODESSA, TX to GERALD BENAVIDES for $275,000 ($12,500 deposit, $37,500 additional cash at closing, $225,000 in a promissory note). In other filings with the FCC, applying for … more »
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December 9, 2021
Alabama Translator Sold; Cox Trust Given Until February To Divest Two Florida Stations
HUGHEY COMMUNICATIONS, INC. is selling W266BJ/TALLASSEE, AL to MARBLE CITY MEDIA, LLC for $80,000. The primary station is the buyer's AC WAUE (AU100)/WAVERLY, AL. In other filings with the FCC, applying for STAs were WACCAMAW BROADCASTING, LLC … more »
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October 25, 2021
Rep. Ted Deutch Introduces Bill To Give Artists, Musicians More Negotiating Rights With Big Streaming Platforms
Reps. TED DEUTCH (D-FL), who previously co-sponsored the American Music Fairness Act to create a performance royalty on radio music airplay, has introduced another pro-artists bill in the HOUSE, the Protect Working Musicians Act. His new legislation … more »
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October 14, 2021
Spirit Music Group Strikes $500M Deal With Northleaf Capital Partners
SPIRIT MUSIC GROUP parent LYRIC CAPITAL GROUP and global investment firm NORTHLEAF CAPITAL PARTNERS have agreed to a $500M deal through which funds, managed by NORTHLEAF, will hold an interest in certain music royalty catalogs managed by LYRIC and led by … more »