FCC Approves Audacy’s Post-Bankruptcy Vote In Split Vote. According to a report this morning (9/30) by Adam Jacobson in Radio+Television Business Report, the FCC, as expected, has approved of Audacy Inc.’s plan to emerge from debtor-in-possession status – a move that makes Soros Fund Management the controlling interest holder in the audio content creation and distribution company founded by the Field family. While the release of the Commission’s Memorandum Opinion and Order came early Monday, it was adopted in a divisive 3-2 vote on September 18, with Republicans Brendan Carr and Nate Simington vociferously disapproving the deal over Soros’ ties to liberal and Democratic causes. Timing of the Memorandum Opinion and Order’s release comes as Audacy’s Debtor-in-Possession Forbearance Agreement was scheduled to expire today, after an extension granted by Houston-based U.S. Bankruptcy Judge Christopher Lopez in mid-August. Lopez approved all of the necessary paperwork to allow Audacy Inc. to emerge from Chapter 11 bankruptcy on February 20.
Dave Krieger Joins Forces with LibertyNewsRadio.com. Award-winning investigative journalist, author, reporter, and radio commentator Dave Krieger has joined Sam Bushman and the broadcast team on LibertyNewsRadio.com, as well as streaming live on the Galaxy 19 Satellite network GlobalStar with The Krieger Files. The show airs from 8:00 am to 9:00 am CT Monday through Friday on both LibertyNewsRadio.com and on Galaxy 19 and then re-broadcasts at 11:00 am CT on Galaxy 19 and re-broadcasts again at 5:00 pm CT on Krieger’s new internet broadcast network, Squirrel Radio (sqrradio.com), without news breaks. The Squirrel also carries Truth Seekers, Liberty Round Table and The Big Mig’s radio re-broadcasts. Krieger’s focus centers around what affects government behaviors have on the nation’s economy, legal system, and Constitutional rights. Krieger is available for syndication, commentary, and interviews at: TheKriegerFiles.com.
SummitMedia Names Mike Hogan to Lead Omaha Market. SummitMedia, LLC has announced Mike Hogan as the new president and GM to oversee operations in the Omaha, Nebraska cluster. Hogan brings more than 25 years’ experience in management, sales, and marketing which, according to the company, positions him to achieve results for Summit’s Omaha team and regional clients. Most recently, he oversaw clusters in Sioux City, Iowa, and Ogallala, Nebraska. He served there for more than a decade, developing key partnerships with clients, growing revenue, building relationships within the business community, and executing plans to drive sales growth. “We’re excited to have an executive of Mike’s caliber running our Omaha cluster,” said Summit chairman and CEO Carl Parmer. He brings incredible experience, expertise, and leadership to our team.”