Salem Media Group has given formal notice to the Nasdaq Stock Market of its intention to voluntarily delist its Class A Common Stock from the Nasdaq Global Market and to deregister its Class A Common Stock under Section 12(b) of the Securities Exchange Act of 1934.
Five radio stations owned by Yaquina Bay Communications ceased broadcasting on Monday, Jan. 1, after a bank foreclosed on the property that housed the company’s radio stations and offices in Newport, OR.
Predicting how things shake out politically for the cable industry in 2024 involves juggling too many possible outcomes. So that’s anyone’s guess. But what is predictable is this: Cable lobbyists will find 2024 to be quite a chore.
While we normally publish a weekly summary of regulatory actions relevant to broadcasters, the weekend before last we said that we would take the holiday weeks off – and return with a summary on January 7 of all that occurred over the break – unless there was news in the interim.