Regent was one of two major broadcasting companies to give its first quarter financial statement on Friday, and the news was not good. The company posted a $32.5 million loss for the first three months of the year, compared to a $3.0 million loss in the same period of 2008.
UTICA-ROME -- Good news for Art Bell fans: his "Somewhere in Time" series of best-of shows is now part of the weekend lineup at Newsradio 950 WIBX.
Following a move similar to what Saga did in January, Regent Communications is reportedly proposing a reverse stock split. It's an effort to help boost the company's stock price, which stood at 15 cents as of 9:20am Friday.
Regent and Saga are among four radio companies that announced plans today to join the "Broadcaster Traffic Consortium," a group that distributes traffic data via radio data streams.
UTICA-ROME -- "It's all about the kids." Those five, simple words are the unofficial motto behind everything that happens at Lite 98.7 (WLZW)'s annual radiothon to benefit the Children's Miracle Network.
Several sources say Regent Communications, the owner of four stations in the Utica-Rome market, could be very close to defaulting on $195 million in debt on loan from Bank of America. The reports were triggered by Regent's latest SEC filing.
UTICA-ROME -- Regent's Big Frog 104 (WFRG) is looking for local music groups to perform at its annual Frogfest concert. The 21st installment of the free listener appreciation bash will be June 20 at Verona Beach State Park. Interested bands can find details on the station's website. No word yet on the headliners.
UTICA-ROME -- Mohawk Valley listeners called in more than $24,000 in pledges during the ninth annual Children's Miracle Network Radiothon on Lite 98.7 (WLZW) over the past two days.
UTICA-ROME -- Regent AC Lite 98.7 (WLZW) is in the midst of its 9th annual Children's Miracle Network Radiothon. They're live at St. Luke's Hospital today and tomorrow, raising money to benefit hospital's pediatric and maternity services.
PORTLAND, OR -- Less than a week after Lars Larson was dropped by Westwood One, the Oregon-based talk host has a new syndicator lined up. The deal means Larson will remain on the air with at least one of his two local affiliates.