October 25, 2017 The FCC voted yesterday to remove the requirement of radio and television stations to have a local studio in the community or within the coverage area of the station. The change comes as the FCC looks to simplify regulations and help smaller stations that do not have the resources to operate a fully staffed office better survive. As part of the change, all stations will soon be required to have their complete public file online. In addition the FCC will still require broadcasters to have a local telephone number in the community for listeners and viewers to contact the stations.
KLIV set to drop news after 30 years of the format
April 12, 2016 After 30 years as an all news station for the San Jose area, KLIV 1590 AM is set to drop the format. The station's owner, 94 year old Charles Herrold, said the format has been losing money for several years now and decided now was the time to cut his loses. He plans to flip the station to classic country within the next few weeks.
FCC's FM Auction 98 Ends
August 26, 2015 Auction 98 ended earlier this month after 51 rounds of bidding. In total 59 bidders won 102 stations. Together the permits sold for a combined $5,083,700 but was reduced to $4,121,140 after subtracting credits for first time buyers and buyers holding few than four stations. Prices ranged from $610 for a permit in Memphis, Texas to $714,000 for a permit in Westfield, New York by Erie Radio Company. Other notable sales include Iris Media's bid of $421,000 for a permit in Columbia, Missouri, and Alpha Media's bid of $408,000
Harper, Texas. 29 of the permits didn't receive any bids and many of those are likely to appear in a future FCC auction.
FCC sets auction for new FM radio stations
March 18, 2015 The FCC released a list of 131 new FM construction permits to appear in an upcoming auction this July 23rd. The stations are all relatively small compared to previous auctions and a majority of them are located in small towns in Texas. You can view a list of the 131 stations here in our auction 98 page.
Entercom Communications acquiring Lincoln Financial Media
December 8, 2014 Entercom Communications has reached an agreement to acquire Lincoln Financial Media from the Lincoln Financial Group for $105 million. The purchase includes fifteen stations in four markets. Those four markets are Atlanta, Denver, Miami, and San Diego. The deal is estimated to be finalized in the second quarter of 2015. After the deal is closed Entercom will have more than 130 stations in 26 markets.