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.

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.”
signals as WSCR-AM/FM “The Score” and news/talk WCCO-AM. Audacy president and CEO Kelli Turner comments, “Debbie Kenyon has been a pillar of our business for over a quarter century, and her elevation to regional president for our Central region is a testament to her ability to drive innovation and deliver consistent performance. Her appointment supports our commitment to empower our teams and build on our unmatched presence in local markets and communities while fully leveraging our scale and reach.” Kenyon joins Jeff Federman, Mark Hannon, Claudia Menegus and chief business officer Chris Oliviero in regional president roles overseeing key Audacy markets.
Baseball across South Florida. WQAM will broadcast all regular season Marlins games, delivering live play-by-play coverage along with pregame and postgame programming to listeners throughout the region. The broadcasts will also be available through the Audacy app, expanding access for fans across digital and streaming platforms.
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.”
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.”
Sports Enterprises CEO Kit Geis, and WFAN personality and former NFL star Tiki Barber and takes place on Monday (3/23) at 2:00 pm ET. Audacy says the webinar will cover: Why avidity, not reach, is the real currency in sports marketing; Where diehard fans spend their time; How Gen Z is reshaping fandom; and What real performance looks like for the biggest sports marketers today.
among adults has surged from just 6% of audio listening in 2015 to 23% in 2025. The two factors responsible for his are new people listening to podcasts (reach) and existing podcast consumers listening more (frequency). Das says that additional listening is replacing other behaviors. “Nearly four in 10 podcast listeners say the time they spend with podcasts is replacing time spent scrolling social media. Another 34% say it’s replacing time spent listening to streaming music.” Das cites data indicating that “U.S. adults spend an average of 103 minutes per day listening to podcasts, outpacing TikTok (77 minutes), Facebook (69 minutes), and Instagram (65 minutes); and “Podcast listening surpassed streaming music in 2023, and now commands an 11 point share advantage in daily digital ad-supported audio listening.” 
Rochester sports. Audacy SVP and market manager Tim Wenger says, “This hybrid approach lets us bring the full strength and recognition of WGR’s established sports lineup to Rochester while still delivering a strong local voice tailored specifically to Rochester fans. We know how deeply connected Rochester listeners are to Buffalo-area teams, and this expansion allows us to serve that passion while preserving meaningful, local sports talk and engagement. With the launch of WGR Rochester, our reach now more fully covers the Rochester market and further cements WGR as Western New York’s sports giant and voice of the fans.”
Township southeast of Buffalo) and adds FM translator W284AP, Buffalo at 104.7 to the simulcast. Senior VP and Buffalo-Rochester market manager Tim Wenger comments, “WGR has been the heartbeat of Buffalo sports, and now that beat is louder than ever. We know our fans are second-to-none, and simulcasting on FM allows us to expand our footprint to the furthest corners of Western New York, allowing more fans to join the live, local and high-energy conversations that define our region all year round.”
Broadcasting Awards. Stations honored include: NewsRadio WILK, Wilkes-Barre for “Special Edition – Paul Miller’s Law”; KYW Newsradio, Philadelphia
served as PM drive anchor at Audacy’s KRLD-AM, Dallas. WTOP director of news and programming Julie Ziegler says, “From the moment I met Kristin, I knew there was something special about her. Her commitment to telling stories that impact the diverse, local community she serves and doing so across platforms, aligns perfectly with WTOP’s mission. I can’t wait for the WTOP audience to get to know her.” Diaz was awarded the 2021 National Edward R. Murrow Award for Best Newscast. She was also the recipient of the 2023 Texas Association of Broadcasters award for Best Newscast.
help to the entire team throughout the past year, stepping in without hesitation and taking on added responsibility. His work ethic, commitment to the station, and focus on fostering a collaborative environment have not gone unnoticed, making him the ideal candidate for this elevated role.” LaCroix, who’s been with the station since 2017 and has served as executive producer of the morning show since 2021, says, “I’m delighted to accept this role and grateful for the opportunity. I’m excited to continue working with this team and to help drive the continued growth and success of ‘The Fan.’”
CEO. NYPR says Tanner is “known for more than two decades of transformative media industry leadership in executive roles at CBS – where she oversaw the global expansion of CBSN, helping redefine live news for digital audiences – TV Guide, and The Washington Post Company. She serves as chair of Swerve Sports, a streaming TV company, and on the board of directors of Audacy, one of the nation’s largest audio companies.”
structure, Audacy formally announces its programming and regional leadership structure. The spoken-word format vice presidents are as follows: all-news, Jennifer Seelig; news/talk, Drew Anderssen; and sports talk, Chris Kinard and Mitch Rosen.
FAN Sports Network. Audacy Portland SVP and market manager Ryan Cooley states, “We’re extremely excited to partner with the Portland Timbers as we continue delivering the best local sports content and growing the FAN Sports Network. Together, we’re committed to delivering high-quality coverage and meaningful access for fans, so The Fan becoming the radio home of the Portland Timbers was a natural fit. We look forward to working closely with the club to enhance the matchday and season-long experience.”
Streaming radio and podcasts don’t just add reach. They double down on impact by warming the audience before they ever click.” The company adds, “Audio brings something no other channel can touch. It’s literally in your audience’s ears. It’s personal. It’s focused. And it shows up during moments where screens aren’t competing for attention, like commuting, working, cooking, unwinding. That’s when messaging sticks. Audio builds familiarity and trust early in the journey, so when someone sees your display ad, social post, or paid search result later, they’re not meeting your brand for the first time. They already recognize you. And recognition drives response.”
Madson and Jesse Tapia airs live from 7:0 am to 9:00 am with a replay airing from 12:00 noon to 2:00 pm the same day. The station notes that this is Tapia’s first on-air role and that he’ll continue producing the “D-Lo and KC” show. That program, starring Damien Barling & Kenny Caraway, is moving to the 2:00 pm to 6:00 pm daypart. The station adds that James Ham is expanding his role as the Sacramento Kings insider as he’ll provide breaking news updates and analysis weekly on “The Jump” and “D-Lo & KC.” Station brand manager Kyle Madson says, “Jesse brings a wealth of knowledge and enthusiasm for sports, and we’re excited to evolve our lineup with the launch of ‘The Jump,’ bringing high-energy to Sacramento mornings. By moving the unmatched wit of D-Lo & KC to the full afternoon drive and having James as our Kings Insider across all shows, we’re doubling down on the local insight and personality that defines Northern California sports radio.”
Providence market outlet for Audacy’s sports talk WEEI-FM, Boston for more than two decades. Audacy closed the WVEI offices in 2023. Ocean State Media president and CEO Pam Johnston says they are spending $4.9 million on the new FM. “From an operational and financial standpoint, we are going to be financing the cost of this frequency, which will allow us to eventually sell all the frequencies that we currently have. And so over time we believe that this transaction actually is going to pay for itself.” She says making it easier for listeners is important, “One signal reaching much farther than our current series of five different signals, a greater experience where you don’t have to change the channel as you move your way through Rhode Island and southeastern Massachusetts.”
February 2. Audacy Chicago SVP and market manager Kevin Cassidy states, “Chicago fans are the best in the world, and they deserve coverage that matches their passion. Our roster features the best talent in the city with unmatched dedication to delivering the latest sports news and insight. We’re excited to expand The Score’s reach through this FM simulcast, bringing our premier sports content to an even wider audience so they can join the conversation and stay connected to their favorite Chicago teams.”
discoverability capabilities to small and mid-sized businesses that are being excluded from emerging search and discovery channels due to cost, complexity, and technical barriers.” Audacy SVP of digital Jenny Sutton says, “Local advertisers can be overwhelmed by the pace of change in digital marketing and discovery. By partnering with Next Net, we’re giving our clients a future-ready solution that integrates AI discoverability directly into the media and marketing strategies they already know and trust, without requiring technical resources or additional burden on the business owner.”
through March 25. Allen will also host a post-game show, adding to the station’s 2026 Brewers coverage, which also includes Tommy Wortz’s “Lead Off Show.” Audacy Wisconsin SVP and market manager Jason Bjorson says, “If you’re going to be the number one sports radio station in Milwaukee, then you have to have the best coverage of the Brewers. Tim Allen is the definitive voice of the franchise’s fanbase, and his presence solidifies our commitment to local listeners.” Allen states, “I’m very appreciative to have my post-game show back on ‘The Fan’ in Milwaukee and now on the Wisconsin Sports Radio Network. We started this post-game show on ‘The Fan’ 21 years ago, and to have it continue with them is a pretty special feeling.”
dashboards and API access that support automated reporting and portfolio-level insights. The collaboration will also support select broadcast attribution initiatives within Audacy’s radio portfolio, complementing existing measurement partners. Audacy president of digital sales Michael Biemolt says, “Audacy consistently strives to deliver measurable results for advertisers, and our partnership with Podscribe further strengthens that promise. With enhanced attribution and transparency across our portfolio, we’re giving clients even greater confidence in how Audacy drives performance at scale.”
drive host to launch a daily, one-hour podcast that will also air on WPHT from 6:00 pm to 7:00 pm. Zeoli says in a Facebook announcement that, while radio isn’t going anywhere, he realizes that people want to consume content where and when they’d like and this move allows people to download the podcast and listen at their leisure or listen to the broadcast version at 6:00 pm. The podcast will launch on Monday (1/12). Audacy has not announced programming for the 3:00 pm to 6:00 pm daypart yet.
new regional director of sales and digital sales manager. Sullivan previously served with Audacy as SVP/market manager for Milwaukee & Madison. He says, “It’s a homecoming of sorts, having spent several
years in Milwaukee and Madison. It’s truly a unique opportunity in our industry, given the fiercely independent and community focused culture of Civic Media. I was drawn to their guiding strategy of ‘Hometown Radio Refreshed.’ I look forward to working with the team and serving our local communities.” Jimenez most recently was general manager for Adams Publishing Group in Sun Prairie, Wisconsin. He remarks, “I look forward to working with all Civic Media team members to maximize their personal and professional growth, as well as assisting our clients and partners to thrive in the communities we mutually serve in Wisconsin and the Midwest.”
transitioned by Audacy and Cumulus Media from Infinity Sports Network to Westwood One Sports at the end of December. That move was announced in October with the companies saying that beginning December 29, Westwood One will assume programming and distribution for the majority of the lineup of syndicated sports programming and Audacy will continue to produce BetMGM Network programs. Gelb says, “It’s sad to see CBS Sports Radio/Infinity Sports Network closing its doors as we once knew it, but grateful for the memories and excited to see what the next chapter in my sports talk journey brings.”
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