In Brief - July 16, 2014
July 16, 2014

Kobe exits WAPE/Jacksonville and is heading back to his hometown of Pittsburgh. He’ll be doing social media consulting, and don’t be surprised if he pops up on Pittsburgh radio soon. Kobe has been at the APE for three years and at Cox Media for four years, holding a variety of positions for the company including PD, APD/MD and on-air. Prior to joining Cox, Kobe made stops at B94/Pittsburgh (twice), WLDI/West Palm Beach, WIHB/Charleston, WFBC/Greensville and WPXY/Rochester. Kobe can be reached at:  kobeonradio@gmail.com and by cell 412-526-8817.

Bryan Schock exits the MD/afternoon post at Triple A KPRI/San Diego. Schock is going Austin to be with his wife, Triple A KGSR PD Haley Jones.

Benztown announces that UK audio company, Beds & Beats will be the exclusive rep of Benztown’s 20 imaging libraries and custom imaging services for radio stations in the UK. Beds & Beats will also use Benztown’s music products within its own successful music library, in radio, television and film production in the UK. The new marketing and distribution deal will enhance Benztown’s presence as an audio provider in the UK and expand its growing customer base around the world, and will add to Beds & Beats’ repertoire of music.

Tribune Company elects Laura R. Walker to its Board of Directors for a three-year term. Walker, who is President and CEO of New York Public Radio, replaces Eddy Hartenstein, who is becoming non-executive chairman of Tribune Publishing Company's Board of Directors following its spin-off from Tribune Company.  Also, Craig Jacobson was re-elected to the Board of Directors for a three-year term. Additionally, stockholders voted to amend the Tribune Company Certificate of Incorporation, including to change the name of Tribune Company to Tribune Media Company.

CBS Sports Radio has launched a live online video simulcast of its national morning show broadcast weekdays from 6-9 a.m. Fans of the program hosted by Tiki Barber, Brandon Tierney, and Dana Jacobson, now have the opportunity to watch the trio dissect the top stories of the day and interview the biggest names in sports live online or via a variety of mobile and tablet devices at www.watchtbd.com. A replay of the show will run continuously throughout the day.

Sirius XM Holdings Inc. announced that its Board of Directors has approved an additional $2 billion common stock repurchase program. Shares of common stock may be purchased from time to time on the open market and in privately negotiated transactions, including in accelerated stock repurchase transactions and transactions with Liberty Media and its affiliates. The Company will fund the repurchases through cash on hand, future cash flow from operations and future borrowings.       
           SiriusXM's Board of Directors approved a $2 billion common stock repurchase program in December 2012 and supplemented that authorization with the approval of an additional $2 billion common stock repurchase program in October 2013. The new approval increases to an aggregate of $6 billion the amount of common stock SiriusXM has been authorized to repurchase.




 
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Mike McVay
SVP/Content & Programming
Cumulus Media

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