Adam R Jacobson is a veteran radio industry journalist and advertising industry analyst with general, multicultural and Hispanic market expertise. The $18.5 million paid for Delmarva reflects the lower selling prices for radio stations, which face stiff competition from online sources. Delmarva also operates digital marketing services. We're a news organization that helps you navigate your local economy. By the end of the year, Forever had fired mid-day host Susan Monday and afternoon host Rob Sussman. While no information has been released about the future of the Delmarva stations (other than nothing is expected to change), bringing the WDEL model into Forever’s stable of mostly old-school popular music stations could indicate that the company is looking to maintain relevance for its properties. AllAccess.com earlier reported the radio station and digital services company was sold for $18.5 million. According to the Delaware Business Times, Delmarva Broadcasting Company, a subsidiary of the Lancaster, Pennsylvania company Steinman Communications, sold for $18.5 million.That’s nine stations for maybe $2 million each … The Forever GI Bill lifts the 15-year limit for recent and new veterans receiving educational benefits like free public college or university tuition. RBR+TVBR delivers complete broadcasting news analysis and our famous observations. Delmarva Broadcasting is officially no more. Sign up for free to get: Sign-up for daily news updates from Technical.ly Delaware. (Photo by Pexels user Goodbye Delmarva Broadcasting, hello Forever Media, Join 30,000+ readers who receive daily email updates from Technical.ly, Vanguard culture anchored in growth and giving back, Who wants to move to Delaware? Background information is sometimes added. Forever Affirms First State Love With Delmarva Deal, Sign up for our newsletters for the rest of the headlines, оформить заявку онлайн на потребительский кредит, TIP Logtimes Interface Gets Four Provider Adds, A Wieser Walk To GroupM: All About Intelligence. Forever owns radio stations in Easton, MD that have signals that extend into Delaware. © Streamline RBR, Inc. All rights reserved. Lancaster, PA-based Steinman’s holdings including newspapers in the Lancaster, PA as well as a regional farming journal and a downtown Lancaster restaurant. Contact us at 302-312-5129 if … No plans to rebrand any of the former Delmarva Broadcasting stations have been announced. From 1996 to 2006 he served as an editor at Radio & Records. WDEL may be the most unusual of Forever’s stations, in that it’s not so much a radio station as an evolving multimedia brand, as its Assistant News Director Amy Cherry explained at a recent Tapp Network event. Posts labeled Special to Delaware Business Now are typically submitted items that are updated and sometimes rewritten in news style. Mid-day host Ed Tyll resigned from his position on the first day of Forever Media's ownership.
The stations are now owned, operated and managed by Forever Media Continue to Forever Media. An asset purchase agreement posted Wednesday (2/6) by the FCC shows the price as $18.5 million. Forever Media completes deal for Delmarva Broadcasting, Comcast announces RISE initiative that aims to strengthen Black-owned business, True Access awarded $657,000 to launch Hispanic business loan program, Goldey-Beacom to hold first virtual career fair on Wednesday, AstraZeneca releases promising results for Smybicort in treatment of mild asthma, Delmarva Power parent Exelon wins 3 workplace diversity honors, Beebe tightens visitation as Covid-19 cases, hospitalizations remain high, Poll: Masks, transgender rights widely supported by Delawareans, Biden campaign donations far outpace Trump figures, Rate of positive Covid-19 cases hits 8.1% mark. WDEL,which purchased an FM station serving northern Delaware afew years ago, has one of the largest radio news staffs in the region.
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