British private equity firm 3i is to build a 16.2 percent stake in Spanish radio group Union Radio, paying owners Grupo PRISA and Godo 225 million euros ($324 million) to do so.
Radio
Entravision acquires WNUE-FM in Orlando.
Entravision Communications Corporation announced that it has entered into a definitive agreement to acquire Spanish-language radio station WNUE-FM serving the Orlando, Florida market from Mega Communications for an aggregate purchase price of approximately $24 million.
Arbitron to delay commercialization of PPM in NY, LA, Chicago San Francisco and Dallas.
Arbitron Inc. announced that it will delay the commercialization of its Portable People Meter (PPM) radio ratings service in nine markets. New York, Nassau–Suffolk and Middlesex–Somerset–Union will be delayed by nine months; Los Angeles, Riverside and Chicago by six months; and San Francisco, San Jose and Dallas by three months.
Network Radio Today 2007.
Network Radio Today offers a window into the world of national radio and its listeners, as well as an introduction to RADAR, the national radio ratings service that is the “gold standard” of measurement for national radio listening and network radio audiences.