Audacy Gets Grace Period Extension; JPMorgan Chase Resigns Lender Role
In SEC filings made on November 29, Audacy gets extensions on the grace periods before default on its Credit Facility to January 9, 2024 and on its Receivables Purchase Agreement for the October Audacy Party Payment to December 10 and the November Audacy Party Payment Due Date to December 11.
The filing comes as Audacy “continues to engage in discussions with its creditors with respect to a number of potential alternatives regarding a restructuring of the Company’s outstanding indebtedness.” It also announces in the filing that JPMorgan Chase Bank, N.A. has resigned as Letter of Credit Issuer and Swing Line Lender (both as defined in the Credit Facility) and that Wilmington Savings Fund Society, FSB was appointed as Administrative Agent and Collateral Agent under the Credit Facility.
2) Audio is powerful. Podcast consumers spend a significant amount of time on YouTube listening to podcasts without watching the video; 3) Since 2019, YouTube and 
WEEI-FM, Boston. He’ll continue to lead his program that includes cast members Jermaine Wiggins, Courtney Cox and Chris Curtis. Audacy Boston SVP and market manager Mike Thomas states, “We are thrilled to extend Greg’s contract and keep the momentum going for his award-winning morning show. We look forward to having Greg, alongside Jermaine and Courtney, continue to set the tone for our weekday programming and deliver entertaining content for our listeners for the foreseeable future.”
Midwest Communications’ news/talk KFGO, Fargo The Mighty 790 on November 2. He tells The Forum that he left the station due to a difference in programming philosophy with management. “We differed on the operation of the ‘Morning Crew,’ and so I decided to step away.” Michaels serves as the public address announcer for North Dakota State football and basketball games, a position he will continue to hold. 
Detroit’s News/Talk Radio Station.” The station features local host Justin Barclay in morning drive with Premiere Networks syndicated shows including “The Glenn Beck Program,” “The Clay Travis & Buck Sexton Show,” “The Sean Hannity Show,” “The Jesse Kelly Show,” Key Networks’ “The Bill O’Reilly Show” and Red Apple Media’s “The Other Side of Midnight with Frank Morano.” The station is promoting itself with a heavy media schedule on iHeartMedia’s adult contemporary WNIC-FM, Detroit voiced by Sean Hannity. Adell Media CEO Kevin Adell says, “910 AM Superstation is living up to its name. The audience growth we’ve seen since launching our conservative news/talk lineup in September has been exponential, and we’re looking forward to reaching even more listeners on 104.3 HD2.” 
the top sports morning shows in America and has won numerous national industry awards including a Marconi Award. Toucher was a foundational member of the launch of the station in August 2009. Prior to joining the ‘98.5 Sports Hub’ team, he worked at the former legendary rock station, WBCN.” Toucher comments, “I am thrilled to be able to work with my Beasley family over the coming years. I will continue my record of immense competence and brilliance.” Station PD Rick Radzik adds, “Fred has been entertaining ‘Sports Hub’ listeners each morning since 2009 with his compelling viewpoints and opinions on a wide range of topics. We are very pleased that he will continue on with us for years to come.” There’s no mention of morning drive co-host and Toucher’s longtime partner Rich Shertenlieb in the press release and the Boston Globe’s Chad Finn writes about the possibility Shertenlieb will exit the station soon. 
-anchor 2024 election coverage and host “The Bret Baier Podcast” on FOX News Audio. President and executive editor Jay Wallace says, “We are thrilled to have Bret continue leading our political coverage as we head into the 2024 election season and beyond.” Baier has been the anchor of “Special Report” on FOX News Channel since January 2009, when he took over for the legendary Brit Hume who created and launched “Special Report” in 1998.
multiple Tennessee Association of Broadcasters awards as well as a regional Edward R. Murrow Award. Starnes Media Group CEO Dalton Glasscock says, “For Ben Deeter this is a job and passion, not a side hustle. Ben is the only local conservative morning show host in Memphis bringing you the news every day. Ben Deeter is giving you the news to keep your families safe, holding our leaders accountable, and bringing humor and good stories to match. KWAM, with Ben Deeter, leading the charge is the only place to go for news you can count on.”
have embraced YouTube as the number one podcast platform, especially with podcast discovery. Cumulus Media EVP, marketing and president, 
back if he leaves before the end of the term of the agreement. For each complete calendar year of the term of the deal, Thompson is eligible to receive an annual performance bonus of up to $300,000 with the opportunity to earn up to 132% of the target bonus for superior performance. Also, provided that the material weaknesses identified in the company’s Form 10-K for the period ended December 31, 2025, are remediated, at the end of the term of the Agreement, Thompson is eligible to receive bonus compensation in the amount of $850,000. He is also eligible to receive certain stock-based compensation. 
sports talk radio. Andelman, along with Jim McCarthy and Mark Witkin, launched “The Sports Huddle” on WBZ-AM, Boston in 1969. The show would move to Boston signals WEEI, WHDH and back to WEEI in 1991 and those who keep track of this sort of stuff say he broadcast more than 13,000 shows. Broadcast historians often refer to the program as one that “came to define the genre.” Andelman retired from radio at the end of 2010. 
and media personality Jason Jackson Jr. as its first client. Salem Media CEO David Santrella states, “For years, we’ve worked alongside some of the most influential voices in media. Many of them are looking for more than platform monetization. They want a partner who not only understands their audience and shares their values but also has the experience to help them continue building their brands. Launching SCA is a natural next step for us.” SCA managing director Andrew Samalot adds, “As we’ve worked alongside creators over the last several years, we’ve seen firsthand that the most successful talent aren’t just building social media audiences – they’re building brands, businesses, and platforms that extend far beyond any single channel. Our role is to help them identify those opportunities, navigate them strategically, and surround them with representation they can trust as they continue growing their influence and impact.”
Detroit and designed to change the media landscape.” The network will feature original sports programming, athlete-led podcasts, live events, entertainment content, music, comedy, and authentic conversations from some of the biggest personalities in sports and culture. Campanelli states, “We’re building a true Detroit-based sports and entertainment platform powered by championship experience, authentic voices, and real relationship. With Tim, Lindsey, Brandon [Dent]and the rest of our incredible team we’re creating something special that fans can genuinely connect with.”
specifically for radio sellers, managers, and broadcast professionals, this interactive session will explore how artificial intelligence is transforming sales workflows, prospecting, proposal creation, campaign analysis, and day-to-day operations. Attendees will leave with practical tools and actionable strategies they can implement immediately.” 
provide CMLI with opportunities to engage with students and the campus community through WHPC and select college events. The college will also make available WHPC-produced public affairs programming, as well as student-produced content for potential use across CMLI’s stations. Connoisseur Media regional SVP Kristin Okesson says, “We’re excited to partner with Nassau Community College to help inspire and develop the next generation of radio and media talent. Partnerships like these create a direct pipeline for passionate students to gain real-world experience, build important industry connections, and ultimately become the future superstars of our business. We appreciate Shawn Novatt and the NCC team for their commitment to creating these opportunities, and we look forward to working together to support students as they begin their careers in broadcasting and media.”
connects one rising programming professional with some of the industry’s most accomplished content leaders. Through personalized mentorship, strategic networking opportunities, and career-focused guidance, the program is designed to help participants strengthen their leadership skills and accelerate their professional growth.” The mentorship is open to one female brand manager, content/program director, assistant program director, or music director from any U.S.-based radio format. Applications are open now and will be accepted through July 2, 2026. 
off – at least for now. That the two media firms were in preliminary talks first broke in early May. As DealBook notes, there is a history between the two companies: “Liberty SiriusXM Group, once an affiliate of John Malone’s media empire, used to hold significant stakes in both companies. Liberty SiriusXM eventually sold its stake in iHeartMedia (primarily a broadcast radio company) and split off its ownership of SiriusXM (primarily a satellite radio company) into a separate entity.”
Billionaires make predominantly good investments, which is why they are billionaires.
designed to meet listeners throughout their daily lives. Salem SVP David Bingham comments, “As we’ve seen strong engagement with ‘Your Nightly Prayer,’ we recognized a natural opportunity to serve our audience even more deeply. ‘Your Nightly Scripture’ is the perfect companion for listeners who want to end their day not only in prayer but grounded in God’s Word. At night, when many people are still carrying the stress and noise of the day, Scripture has a unique way of bringing peace, calm, and renewed perspective.”
Although I don’t have a machine to play it, I have saved the cart. December 9, 1980, the sad morning-after John Lennon died, Charles Osgood, doleful: “I read the news today. Oh boy.” That morning’s CBS World News Roundup – and on-hour newscasts throughout that day – delivered more moments that would keep you sitting in a parked car at your destination. As they would 3 months later when President Reagan was shot. Then soon again when Pope John Paul II was severely wounded in St. Peter’s Square. And five years yonder, when the Space Shuttle Challenger exploded just 73 seconds into its flight.
syndication.” Red Apple says is has brought aboard former CBS Radio broadcast journalists Michael Wallace, Cooper Lawrence, Bill Rehkopf, and Matt Pieper as “the first major hires in what will be a rapid buildout of the network’s team of elite news anchors, correspondents, writers, and producers.” Harris says, “We are assembling top-tier journalists and building a modern radio news operation rooted in speed, authority, and facts – one that stations can rely on and listeners can trust.” Red Apple Media owner and CEO John Catsimatidis adds, “Our mission is to be the most trusted news gathering organization in media. We are creating a powerful, around-the-clock newsroom designed to compete at the highest level of broadcast audio news. Facts are what will drive the Worldwide News Network. We’re looking forward to our expansion in the European markets.”
include news/talk stations KSDR-AM and KWAT-AM in Watertown along with four music-formatted signals. Connoisseur CEO Jeff Warshaw says, “Riverfront Broadcasting being a South Dakota-based company, understands the local market and can carry on providing local content and will excel in serving the community.” Riverfront president Carolyn Becker comments, “We are very happy to bring local ownership and local focus back to these great stations in the community.”
available to radio hosts and producers free of charge. Kaye says, “I built this for me. I needed a faster way to break down what the media was actually saying versus what they were leaving out. Then I showed it to a few people. Then a few more. And it hit me. Every American deserves this tool. Not just hosts. Not just journalists. Everyone.” Kaye says RightPen.ai’s signature feature is the trademark Red Pen Correction Tool, which marks up news articles and headlines the way an English teacher marks up a bad essay. Bias gets circled. Spin gets crossed out. Missing context gets added in. The corrections appear directly on the article itself. Hosts or producers interested can reach out to Mark Kaye at 
Jay Clark was the first program director of WABC as a talk station. He set the tone and path for modern talk radio. This week I had Jay on as a special guest on the Red Apple Audio Networks all night show, “The Other Side of Midnight.” We celebrated the anniversary, May 10, (1982) of WABC’s switch from music to talk on the giant signal at 770 AM.
format in America. KGO was the killer biller in San Francisco. The execs who ran them were mighty proud: Ben Hoberman, Ed McLaughlin, Al Racco, Chuck Debere. Yes, they ran those stations, but they also invented the caller-driven talk format. There were other winning talk stations, but they were guest centric rather than listener centric (i.e. WOR, WGN). At the time, there were 43 stations listed as “talk” stations. 43. Not many models.
company outside of the New York City market. The station is currently airing a news/talk format of local, syndicated and brokered programming. Local air personalities include the daily morning show hosts Hank Stolz and Ben White (“Talk of the Commonwealth”) and longtime New England talk host Frankie Boyer who is heard in middays. Red Apple will assume operations under a local marketing agreement until the deal closes. Red Apple and Catsimatidis have made no indication of the company’s intent for future programming. 
“accelerating reach and deepening engagement with audiences nationwide.” Newsmax CEO Christopher Ruddy comments, “This growth shows that Newsmax is truly touching a nerve with audiences. We are continuing to execute on our strategy to reach all people on all platforms, and the results speak for themselves. Passion for our brand remains incredibly strong. We’re seeing audiences actively seek out Newsmax across platforms, share our content, and become part of a growing community that values our reporting and viewpoint.”
on how to use digital tools and strategies to grow and compete in an increasingly digital marketplace. Especially as the city of Philadelphia prepares for a surge of global visitors tied to events including the FIFA World Cup, America’s 250th anniversary, and the MLB All-Star Game, local businesses face a potentially golden opportunity. “Ready, Set, Grow: Digital Business Foundations” is designed to ensure they are prepared to capture that opportunity by strengthening their digital presence, improving customer experience, and increasing visibility. The evening will feature a fireside chat and panel discussion moderated by author and tech influencer Stephanie “TechLifeSteph” Humphrey, host of “Life & Tech” on WURD Radio.
to coast. New station partnerships include WCCO-AM, Minneapolis; KTRS-AM, St. Louis; WPRO-AM, Providence; and KCMO-AM, Kansas City. The show airs live weeknights from 9:00 pm to 12:00 midnight ET. Westwood One says, “McGraw Milhaven delivers appointment listening for late-night audiences, featuring host McGraw Milhaven’s signature mix of compelling interviews, sharp analysis, and positive energy listener interactions. Milhaven brings both authority and approachability to national late-night talk radio – offering a fresh, contemporary voice grounded in experience.”
advertisers are currently buying audio programmatically, up two times from 2022 (41%); 2) The most used programmatic audio demand-side platforms are Google Display & Video 360, The Trade Desk, and Amazon DSP; 3) Among publishers, the most utilized supply-side platforms for digital audio ads are Google Ad Manager, distantly followed by Amazon Publisher Services, Open X, and PubMatic; 4) Among those who purchase podcasts, Google DV360, The Trade Desk, and Amazon’s DSP are the most utilized demand-side platforms; and 5) Recent announcements from Amazon Ads indicate a major expansion of over-the-air AM/FM radio and audio advertising capabilities within the Amazon Demand Side Platform. Regarding that last point, the study notes that those moves “focus on bridging the gap between traditional broadcast AM/FM radio and digital, programmatic buying, allowing advertisers to use Amazon’s first-party signals for targeting and measurement.” 
Network, and Red Apple has recruited New York radio news legend Lee Harris to serve as vice president of news for WABC Radio and The Worldwide News Network. The company says, “The move positions WABC Radio and Red Apple Audio Networks for a dramatic next chapter, transforming the iconic New York news/talk station’s reach into a 24/7 global audio news presence fueled by streaming technology, smart speakers, mobile platforms, syndication, and digital distribution.” Red Apple owner John 
Catsimatidis says, “Today’s digital technology gives us the power to deliver the truth instantly, not just across America, but across Europe and around the globe. WABC Radio is already heard in all 50 states and in 178 countries through our multi-platform distribution. The Worldwide News Network is the natural next step in building a global destination for fair, balanced, no-nonsense news people can trust.” Lee Harris was the morning news anchor at 1010 WINS in New York for 30 years. Additionally, he has advised broadcasters throughout Europe and Asia, helped launch Moscow’s Kommersant FM as a U.S.-style all-news station, lectured at television and radio outlets across China through the University of Missouri School of Journalism, and served as director of integrated operations and New York bureau chief for cable startup NewsNation. Harris comments, “John Catsimatidis has never thought small, and this venture is no exception. The Worldwide News Network is an ambitious, forward-looking news platform designed for how people consume information today. I am thrilled to join Red Apple Media and WABC Radio at such a transformational moment and help build a news organization with both national strength and international reach.”
University on Long Island. TALKERS publisher Michael Harrison states, “The selection of ‘Cats’ as keynoter is in keeping with one of the major themes of this year’s edition of the iconic industry event – radio, talk media, and entrepreneurism. John Catsimatidis is presently setting the greatest example of entrepreneurism at work in giving an injection of much needed energy, focus and life to the medium of radio.” Harrison will serve as facilitator of the presentation in a Q&A / interview style format – a role he has played before with the dynamic billionaire media, grocery, and energy mogul.
Catsimatidis will be joined by more than 60 speakers comprised of legendary industry figures as well as fresh faces and rising stars. A detailed agenda including speakers and schedule – a “who’s who” of industry luminaries – will be posted in TALKERS this coming Tuesday (4/28). See the link below for the names of all speakers booked to date.
Harrison continues, “This important conference will illuminate the forward path of the expanding talk media universe, including all aspects of digital communications from AI and podcasting to streaming networks. As has been its tradition, this latest TALKERS conference will approach the onrushing future of the talk business from a radio perspective. This crucial gathering will cover the new undeniable realities of the radio business for those who not only want to survive but thrive as well. It will be about opportunities, networking, and entrepreneurism for individuals in talent, programming, sales, marketing, and management who are serious about staying in the game.”