Warshaw Implies Cumulus Had Eyes on Audacy Before SFM Got Involved
The Jeffrey Warshaw vs Soros Fund Management case has brought up questions about how SFM became majority owner of Audacy. Connoisseur Media owner Jeffrey Warshaw is suing SFM for breach of contract, unfair trade practices and more in alleging that he had a deal with the company’s Michael Del Nin in 2022 and began working together “to try acquiring Cox Radio, with Del Nin agreeing that Warshaw would
manage the business as CEO upon successful acquisition.” Warshaw also says he steered SFM and Del Nin to the deal that made SFM a majority stake holder of the new Audacy in early 2024 and alleges he was promised he’d be the next CEO of Audacy or that he would get 5% of SFM’s profits from the Audacy acquisition.
Now, in recent court filings, Warshaw claims that by mid-2023 he had identified HG Vora as the key holder of Audacy’s distressed debt and, through industry contacts, came to believe that HG Vora was already aligned with Cumulus Media to merge the two companies. But the filings stop short of proving that such a deal ever existed in a formal sense.
Warshaw relies on what he “deduced” from conversations in the market – not on a signed agreement, binding term sheet, or documented commitment between HG Vora and Cumulus. SFM’s response goes directly at that point saying it had been evaluating a potential investment in Audacy for more than a year before Warshaw’s involvement, positioning its eventual acquisition not as a hijacked opportunity, but as the result of an independent strategy already in motion.
Now we wait to see if Warshaw can prove a Cumulus-backed pathway was real or if SFM can demonstrate that it was already tracking Audacy. Whether the Cumulus-Audacy deal was a genuine near-transaction or simply informed speculation appears to hinge on what documents and/or third-party witnesses reveal.
In 1952, the success formula for today’s radio was discovered and put into practice by two hungry entrepreneurs: Todd Storz and Gordon McLendon. Both men owned dying radio stations in medium and major markets. The industry was suffering from a lack of purpose or solutions due to the advent of television which drove the migration of hit network radio shows to television. Lucille Ball, Bob Hope, and Gertrude Berg were on radio first.
greater access to trusted news and talk at a time when local information matters more than ever. This expansion reflects our ongoing commitment to serve Asheville and the surrounding communities with credible voices, local connection and meaningful conversations.” iHeartMedia area SVP of programming Zac Davis adds, “After our post–Hurricane Helene broadcast, it became clear just how essential WWNC is to Western North Carolina. Over the past year, we’ve focused on expanding our ability to serve the community, and this next step allows us to reach even more listeners. It’s a natural extension of the incredible work our Asheville team has already done.”
Milner comments, “Joyce is an experienced market leader with deep relationships across Salt Lake City, enabling her to bring sharp local insight and credibility to every client partnership. She excels at delivering integrated marketing solutions, helping clients leverage our multi-platform strategies that maximize the combined power of audio and digital to drive results. Joyce will be a tremendous asset to our Salt Lake City team and a growth catalyst for our clients.”
who founded the company 30 years ago.” Thiele’s message to staff was: “First and foremost, I want to thank you all. Skyview Networks exists, and is respected across the industry, because of the talent, grit and customer commitment each of you bring every day. Since joining Skyview Networks, Steve has expanded our business portfolio and led with a steady focus on growth and stability. It is with this confidence in leadership that Skyview’s trajectory and momentum continues.” Jones adds, “On a personal note, I am proud of the team that has built and sustained Skyview Networks’ reputation across the industry. This company is special because of you. Serving as the leader of Skyview Networks is a responsibility I take seriously, and I am committed to continue leading with transparency, respect and a long‑term focus on our people and business.”
Federation of Taxi Drivers, Fernando Mateo. The new show, “No Excuses with Fernando Mateo” airs Sundays and 6:00 pm. Station owner John Catsimatidis says, “There are 65 million Hispanics in the U.S. and New York City is home to nearly three million of this fast growing population… With Mateo as part of our on-air lineup, we can super serve the needs and interests of the Hispanic community.”
Devan Kaney is among those cut. In 2024, Kaney was promoted to sideline reporter after the station let Howard Eskin go. She’d appeared regularly on the morning show with Joe DeCamara and Jon Ritchie. She’s quoted in the Philadelphia Inquirer saying, “I had a blast working at WIP and sincerely enjoyed my time there. But as the old saying goes, when one door closes, another opens.” 
Specifically, since the company must get permission from the court to retain PricewaterhouseCoopers LLP as the independent registered public accounting firm for the company and its subsidiaries to complete the 10-K, it must wait to clear the objection hurdle expected to be complete by April 8. Cumulus notes that the ultimate timing of its filing of its Annual Report is dependent upon entry of the order.
New York, has died at age 86. According to The Grio, Law put “Night Talk” into national syndication in 1981 through the National Black Network. The piece says it was considered the first nationally broadcast Black radio talk show in the country. He began his career with WWRL in New York as a community affairs director, eventually rising to program director. 
pending regulatory approval by the FCC and is expected to close in summer of this year. Connoisseur CEO Jeff Warshaw states, “We are over the moon to be able to add these phenomenal properties and team to our company. This marriage will allow us to even better serve the community and our clients.” NRG Media CEO Mary Quass adds, “The Lincoln stations have been a very important part of our story, and we are pleased to pass them to Jeff and his team. Jeff is a broadcaster who shares our commitment to great local service, quality programming, and deep community connections!” At the same time, Connoisseur is entering into a deal with MSC Radio Group to sell its Topeka cluster that includes news/talk WIBW-AM and three music brands. About this sale, Jeff Warshaw says, “We’re incredibly proud of the impact these stations have had in Topeka and the connections they’ve built with listeners. As we continue to refine our portfolio, this agreement allows us to focus our resources on key growth markets while ensuring these stations are well-positioned for the future with KNZA. We’re confident they will continue their legacy of serving the community with a strong emphasis on local engagement, news, and partnerships.”
iHeartMedia division president Jeff Thomas says, “Over the past three months I have had the opportunity to work with Care and I can say without hesitation that she is the best person for this important role. Her leadership and coaching skills make her a perfect fit for the position.” Jones comments, “I’m absolutely thrilled to step into the role of market president at iHeartMedia — it’s an incredible honor and an even greater opportunity. I can’t wait to celebrate big wins, chase bold goals and grow alongside a truly exceptional team.”
hosting his radio show on Cumulus Media’s WXNT-AM, Indianapolis “Indy’s Sports Ticket 1430 AM” and he will be exclusive to OutKick starting April 1. OutKick senior vice president and managing editor Gary Schreier says, “Dan Dakich has been a vital part of OutKick’s success. He provides unique insight and never hides from sharing his opinion. That combination is what OutKick stands for and we’re thrilled to have him for the years to come.” Dakich comments, “I’m beyond thrilled to continue as the host of ‘Don’t @ Me.’ This journey with OutKick has been incredible and has allowed me to share my opinion unapologetically. I can’t wait for what’s to come as my OutKick show continues to stand out among other sports shows that are afraid to speak their minds.”
and Sliwa” airs daily from 3:00 pm to 6:00 pm. Sliwa most recently served with the Los Angeles Lakers Radio Network. Station PD Mary Ayala says, “I’m incredibly excited to welcome Allen to our team. His experience, sports knowledge and natural connection with listeners make him an outstanding addition to our station. Pairing Allen with Jon creates a team we believe will deliver one of San Diego’s premier sports talk shows.”
Good News/Bad News: Fender‑benders, slip‑and‑falls, and other “injuries caused by the negligent, careless, or reckless actions of others” will always happen. That’s the good news…for personal injury attorneys. Their bad news is that supply WAY-exceeds demand, and their advertising reflects it.
documentary, breaking news, entertainment, and music, submitted by global networks, production companies, and independent storytellers.” Submissions of note include programs from Alabama Media Group, Bloomberg, CBS News, ESPN, NPR, and SiriusXM. Award-winning entries will be announced during the New York Festivals 2026 Storytellers Gala virtual event on May 21. The virtual event will include featured global audio and video highlights, award winners’ acceptance speeches from around the world, and up-close and personal spotlights featuring some of radio and television’s most respected storytellers. 
the industry that I love. I will treasure the friendships and relationships I have built over the years. To those who have taken a chance on me, thank you. To those I have had the privilege to work with over the years, thank you. Working in radio has been a tremendous ride and I have enjoyed every minute of it.” Connoisseur Media CEO Jeff Warshaw says, “Zoe’s career in this industry speaks for itself. We appreciate the experience and insight she shared with our team. I personally thank her for her time with Connoisseur Media and wish her a very happy and well-deserved retirement.”
to continue to operate its business as it makes its way through the Chapter 11 process that could be finalized in May if the pre-packaged bankruptcy plan continues to go smoothly. Attorneys for Cumulus reported to the court that the company now has the backing of 83% of its lenders for the reorganization plan that would put control of the company in the hands of the secured creditors. Once complete, the reorganization will have eliminated some $592 million of the company’s debt. 
-FM, licensed to Volga. The transaction is pending regulatory approval by the FCC and is expected to close in early summer of this year. Connoisseur Media CEO Jeff Warshaw states, “The Brookings market did not fit into the long-term vision we set out for Connoisseur. As we pursued a potential sale, we looked for local quality operators to purchase these stations and found that the best operators in the market already worked for us! This is not the first time we have encouraged some of our local management to break into ownership so that they could continue to serve the communities we are so committed to. We are incredibly happy that Cami and her group stepped up to the challenge.”
show while Hale was away on vacation in Florida. Blueberry vice president Bruce Biette told the paper it is “time to evolve the station.” Biette added, “Simply put, George has had a magnificent media career. He’s the reason a lot of us chose to get into this business, and we here at Blueberry Broadcasting appreciate everything he’s done for VOM.” The Daily News states, “WVOM is an influential station because it is one of only three in the state that runs a locally produced news talk show and the only one based in the Bangor area. WGAN and WLOB, with shows hosted by conservatives Matt Gagnon and Ray Richardson, respectively, are based in the Portland area.” 
two FM translators it acquired last fall from Milwaukee Radio Alliance. Civic Media plans to continue to air the classic hits format with local news on the signals. Civic Media operates progressive news/talk WAUK in the market.
latest addition to Gamut’s growing 312 Sports network, a Chicago-focused lineup anchored by “Dan Bernstein Unfiltered” and featuring shows such as “Forward Progress: A Chicago Bears Podcast” and “Organizations Win Championships,” a Chicago Bulls podcast. Gamut Podcast Network head John Goforth comments, “This isn’t just another recap show. Chicago fans don’t think about their teams in a vacuum, and we’re not going to talk about them that way either. ‘Off the Ivy’ is about what it all means – what a win says, what a loss exposes, and where this team is actually headed. If you care about the Cubs, this is the conversation you want to be part of.”
Community Food Bank. Audacy SVP and market manager Michael Spacciapolli states, “We’ve seen firsthand how the power of local radio rallies the community around causes that matter. Every year, the ‘Feed the Need Radiothon’ reminds us what makes this city special. Pittsburghers continue to show up for one another in extraordinary ways, and we’re incredibly grateful to our listeners, partners and sponsors who help make a real difference for families across our region.”
unique, compelling content, embraced meaningful evolution, and made a real difference for our communities, our advertisers and one another. I am incredibly proud of the people in the Philadelphia radio market and across the country, whom I’ve had the opportunity to hire, train and mentor. Watching their growth and success has been a joy. After an extraordinary run of dedicating myself to radio and my colleagues for decades, it feels like the right time to step away and take time for myself, spend more time with family and friends, pursue new opportunities and contribute to organizations in meaningful new ways. I leave with deep gratitude and confidence in the future.” Audacy region president Mark Hannon says Yadgaroff will stay in his position through the end of May as they work on a smooth transition for the staff and the stations’ clients. The Audacy cluster includes news/talk WPHT and sports talk WIP-FM. 
Worldwide provides audio creation tools, media intelligence, music analytics and television operations technology. She takes over for Philippe Generali. RCS says, “Her leadership roles in major markets further shaped her as an operator who understands scale, complexity, and the disciplined, data‑driven decision‑making required to deliver strong performance across diverse portfolios.”
In ongoing discussions about the dwindling relevance of radio in the modern world, the medium is grudgingly defended as a reliable “first responder” during times of public emergencies.
of modern-day media Sterno.
hosting “The Tom Barnard Podcast” since leaving the station in December of 2022. On the podcast, Barnard was joined by family members including his wife and podcast co-host Kathryn Brandt who said they began to have concerns about Barnard’s health shortly after he retired from KQRS. Barnard says he’s been undergoing treatment that has had a positive effect on him, but he acknowledges that there is currently no cure for Alzheimer’s. 
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The recent shutdown of CBS News Radio isn’t just another media headline – it’s a wake-up call. A clear example of what happens when decisions about our information, our communities, and our voices are made in corporate boardrooms disconnected from real life.
If you work in radio, you’ve heard every flavor of AI anxiety. Some fear it will wipe out jobs. Others treat it like a super shortcut – cranking-out spots, promos, and proposals faster and cheaper. Kate O’Neill’s 
Wilshire on May 19. Local television, radio, and student award recipients will be recognized at the Gracie Awards Luncheon at Cipriani 42nd Street in New York on June 16. Some of the notable radio winners include: Deborah Rodriguez news anchor for CBS News Radio; Kristen Farrah, producer of “Radio Health Journal” for American Urban Radio Networks; WABC Radio’s “Cats & Cosby” (John Catsimatidis & Rita Cosby) talk show; WGN, Chicago’s “The Lisa Dent Show”; and co-host Debra Green of WSB-AM, Atlanta’s “The Mark Arum Show.” 
media enthusiasts, including the invasion of AI into the talent job market. Neer first established himself as a heavyweight author in 2001 when he penned the landmark FM: The Rise and Fall of Rock Radio. In The Perfect Beast, Neer poses the question to his fellow broadcasters, “Ever wonder if your job will someday be taken by an AI facsimile of your act?” 
The story also deals with how a commentator’s words can be twisted and misused, resulting in something evil. TALKERS publisher Michael Harrison (who makes an appearance as himself in The Perfect Beast) describes Neer as a media “Renaissance man.” Neer can be contacted for interviews via email at 
program “The Meidas Touch” is #1, followed by Joe Rogan’s comedy podcast “The Joe Rogan Experience” at #2. Rising to #3 in February was Goalhanger’s history show “The Rest is History.” Interestingly, the overwhelming majority of “The Meidas Touch” consumption is via video and video clips, while “The Rest is History” consumption is primarily audio only. Notable changes from the January ranking include Candace Owens’ “Candace” rising four places to #6, Red Seat Ventures’ “The Tucker Carlson Show” climbing five places to #10, and DailyWire’s “The Ben Shapiro Show” falling two places to #15.