Radio Ink 4/16/19 Cumulus is selling KLOS-FM in L.A. to Meruelo Media for $43 million in cash. Cumulus has also entered into a swap agreement with Connoisseur Media whereby Cumulus will obtain four stations in and around Allentown, PA, in exchange for two Cumulus stations in Southern Connecticut. Cumulus CEO Mary Berner said, “These transactions…

Reuters February 15, 2019 Buyout firm Apollo Global Management LLC has agreed to acquire a majority stake in 14 television stations from privately held Cox Media Group, the company said on Friday, a move that sets up Apollo to become a player in broadcasting, an industry it has sought deals in for some time. While…

Radio Ink February 18, 2019   There’s a new broadcast team for pregame and postgame coverage of the Pittsburgh Pirates on 93.7 The Fan (KDKA-FM), the flagship station for the team. Dan Zangrilli will return to the station to host the station’s pregame and postgame broadcasts, a role he previously held from 2012 to 2016….

By Ben Strauss Washington Post Feb 13, 2019   The Chicago Cubs announced Wednesday that they are partnering with Sinclair Broadcast Group to launch a new network that will exclusively broadcast the team’s games. The Marquee Sports Network is expected to be ready next spring, in time to televise the Cubs’ 2020 schedule. The Cubs are…

Radio Ink February 6, 2019   Radio PA, the state news and information network covering the Keystone state has a new owner. Maryland Media One, the owner of the Maryland News Network, will assume operations on April 16th. “With the announcement of Radio PA closing it’s network in April, I was concerned with the affiliates…