Audacy Shareholders Approve Reverse Stock Split
Audacy filed a Form 8-K with the Securities and Exchange Commission on Friday (5/26) that details the actions taken during the company’s annual shareholders meeting on May 24. Among the actions shareholders approved was the “approval of an amendment to the company’s Amended and Restated Articles of Incorporation to permit the company to effect a reverse stock split of its outstanding Class A and Class B
Common Stock, at a ratio with a range between one-for-two and one-for-30, subject to and as determined by a committee appointed by the board of directors.” This action comes after Audacy received notice from the New York Stock Exchange that it is commencing proceedings to delist the company’s Class A Common Stock from the exchange due to Audacy’s stock reaching “an abnormally low selling price.” Trading of Audacy’s Class A Common Stock was halted on May 16 after the share price fell about 12% to $0.09 per share. Now, the NYSE will apply to the Securities and Exchange Commission to delist the company’s common stock pending completion of applicable procedures. Trading of Audacy’s common stock on the NYSE is suspended but the common stock will continue to be able to be traded over the counter. With the value of Audacy’s Class A Common Stock at less than $0.10 per share, the reverse stock split would have to be at least more than a 1-for-10 split in order for the share price to be over $1.00 per share.










says that in 2020, “Carolla made history when he partnered with 


James. The focus on illegal immigration will feature local and national law enforcement officials, along with local community leaders and migrants in answering questions about recent developments, technology advancements, cross-border traffic control systems, border and citizen security, quality of life in the border region, and economic opportunities. James comments, “On this trip, we’re ripping up the talking points and bringing you actual observations and conversations with those directly affected by the crisis at our southern border. I look forward to delivering these real-time moments to the WORD audience.”


received its first notice of non-compliance on April 3. In accordance with the second NASDAQ notice, Urban One has until June 2 to submit a plan to file both delinquent reports or to submit a plan to regain compliance. If NASDAQ accepts the company’s plan, Urban One may get up to 180 days (September 27) to file the reports. If it doesn’t, the company can appeal the decision. Urban One says it intends to submit its plan to regain compliance on or before June 2.
Ramsey, bestselling author Malcolm Gladwell, clinical psychologist Dr. Jordan Peterson, Food Network celebrity chef and restaurateur Maneet Chauhan and more. Dave Ramsey comments, “World-class leadership is becoming more important because that’s who people want to follow. Something happens when you get thousands of powerhouse leaders in one room. After leaving Summit, you’ll be ready to hire and retain top talent, lead with confidence, and strengthen your company culture.” 







Beasley Media Group the advantage of offering their local advertising partners instant and affordable video creative that overcomes traditional barriers to video advertising… The pact with Beasley Media Group is Waymark’s first major step into radio, following recent national video deals with both Spectrum Reach and Gray Television stations. With
the rise of connected TV and free ad-supported streaming TV channels, this opens a host of new marketing opportunities for local advertisers. Beasley’s local sales teams are already using Waymark to win small business clients by providing customized sample creative for CTV and digital opportunities.” Beasley Media Group VP of operations Kevin Rich comments, “Local advertisers are looking for more effective and cost-efficient ways to stand out and attract customers across multiple media platforms. Our partnership with Waymark allows us to help local advertisers accomplish this goal and maximize the audience that will see and hear their message.”
help serve our clients, listeners and communities to be the best in the industry. I’m excited for the future.” Fulton comments, “The plan and vision the leadership team at iHeartMedia shared with me, along with the wildly talented teams in Birmingham, Huntsville, and Tuscaloosa, has me beyond excited about the days ahead. I can’t wait to collaborate, both internally and externally, to develop market leading content and drive results for the thriving business communities in these three amazing markets.”
Townsquare Media where he was market president and general manager for its Rockford, Illinois station group. Urban One regional VP & general manager Jeffery Wilson Sr. says, “Brian has a track record of taking leadership, customer service, and community service to the highest levels, while working with his teams to reinvent themselves. That’s how we do things at Radio One-DC. We’re thrilled to welcome Brian as we craft historic success on the horizon.”
“I’m thrilled with the momentum we have and love our team. We get the best guests and the in-depth reporting and commentary sets the show apart. But, more than anything, it’s three hours of fun. I love that the show serves as an escape for listeners.” Station content director Keith Abrams states, “‘750 The Game’ is very fortunate to have John Canzano and ‘The Bald Faced Truth’ as part of the team! He IS the voice of truth regarding the Ducks, Beavers, Trail Blazers, the Pac-12 and all things ‘sports!’”
was stepping back from his duties, that allowed the station to use internal research to consider the best options to tweak its programming. That resulted in the station naming longtime station reporter and anchor Chris Chandler the new morning host, swapping late morning and afternoon hosts Mark Arum and Eric Von Haessler, and making Shelley Wynter solo host in evenings and giving his former co-host MalaniKai Massey her own Saturday night program. Charles says, “I feel very comfortable that we’ve got the right people in the right slots. We are set to grow our success.” 
Media VP of programming Heath Cole comments, “Sports betting is quickly becoming part of the daily conversation. As we evaluated the options in this space, we landed on VSiN. Their programming is best-in-class and the support from the VSiN team goes well beyond the content we air on the station. From the short-form ‘Action Updates’ to the digital content the VSiN team creates for our listeners, we think this content is, by far, the best in the space. We’re very excited about the opportunity to bring this programming to our listeners.”
producer or network that represents the advertising for the show, not the platform or app that the listener uses to access the podcast. For this period, Spotify, SiriusXM Podcast Network, and iHeartRadio take the top three spots, respectively. Other commercial radio-related networks making this ranker include: Audacy (#8), Cumulus Podcast Network (#10), The Ramsey Network(#25), and Blaze Podcast Network (#28).
and programming Julia Ziegler says, “This award is one that we really won as team for our collective work as journalists committed to making a difference in our community. We are so honored to be recognized with this regional Edward R. Murrow award.” WTOP now advances to the national round of the competition where it will compete against regional winners from across the country.
from any department in a small to medium radio market. MIW says, “The program is designed to encapsulate so much of what Laurie brought to the industry – a mentorship that encourages and empowers women to develop confidence and sharpen communication skills, to hone the ability to effectively speak up in order to further attain her goals.” MIW board president Ruth Presslaff says, “This program will always hold a special place in our hearts as Laurie has left an unforgettable impact on all of us in the industry. We had a number of talented candidates to choose from, so it was a tough decision. Mary’s energy and vibrant character really illuminated our reasons for curating this program and we’re excited to have her as our first inaugural mentee!”
Safety Administration to require AM in new vehicles at no additional cost, citing safety for citizens, access to foreign language programming and more. While Ford’s change of heart takes some of the immediate heat off the industry, there’s no indication legislators won’t continue pushing the legislation. Reacting to the bill, the Alliance for Automotive Innovation called the bill unnecessary and said the Federal Emergency Management Agency’s Integrated Public Alerts and Warning System sends public safety messages across numerous platforms including FM radio, streaming sites, satellite radios, and cellular networks.
severe weather events as a live audio simulcast of The Weather Channel television channel. The Pattrn stream will be a daily live audio simulcast of the Pattrn FAST channel, which explores climate, the environment and how the Earth is changing and elevates new voices to
the conversation. The Weather Channel en Español stream will be a daily live audio simulcast of The Weather Channel en Español network. Audacy SVP digital audio content Tim Clarke says, “Audio and radio are time-tested, reliable ways for listeners to access critical and potentially life-saving information during severe weather events. This partnership will add a new layer to our best-in-class news content offering while expanding the reach of The Weather Channel’s broadcast weather coverage to Audacy app users across the country.”
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2022, WBZ NewsRadio won three Regional Edward R. Murrow Awards for excellence Breaking News Coverage, Best Newscast and Continuing Coverage. WBZ NewsRadio director of operations Bill Flaherty comments, “To be singled out in these important categories is such an honor. I couldn’t be prouder of our team and the hard work they put in over the past year.”


